Menu Close

Predatory Value Extraction

These are the books for those you who looking for to read the Predatory Value Extraction, try to read or download Pdf/ePub books and some of authors may have disable the live reading. Check the book if it available for your country and user who already subscribe will have full access all free books from the library source.

Predatory Value Extraction

Predatory Value Extraction [Pdf/ePub] eBook Author: ,
Editor: Oxford University Press
ISBN-10: 0192585983
Size: 1152 kb
Format File: Pdf
Read: 1152

GET EBOOK

Predatory Value Extraction by , Book Summary:

Predatory Value Extraction explains how an ideology of corporate resource allocation known as 'maximizing shareholder value' (MSV) that emerged in the 1980s came to dominate strategic thinking in business schools and corporate boardrooms in the United States. Undermining the social foundations of sustainable prosperity, it resulted in employment instability, income inequity, and slow productivity growth. In explaining what happened to sustainable prosperity, William Lazonick and Jang-Sup Shin focus on the growing imbalance between value creation and value extraction in the U.S. economy, and the corporate-governance institutions that determine this balance in the nation's major business corporations. The imbalance has become so extreme that predatory value extraction is now a central economic activity, to the point at which the U.S. economy as a whole can be aptly described as a value-extracting economy. Balancing the contributions of economic actors to value creation with their power to extract value provides the foundation for stable and equitable economic growth. When certain economic actors are able to assert their power to extract far more value than they contribute to the value-creation process, an imbalance occurs which, when extreme, leads to dire economic, political, and social consequences. This book not only explores these consequences, but also sets out an agenda for restoring sustainable prosperity.

Download or read Predatory Value Extraction book by clicking button below to visit the book download website. There are multiple format available for you to choose (Pdf, ePub, Doc).


Predatory Value Extraction

Predatory Value Extraction [Pdf/ePub] eBook Author: William Lazonick,Jang-Sup Shin
Editor: Oxford University Press
ISBN-10: 0192585975
Size: 1157 kb
Format File: Pdf
Read: 1157

DOWNLOAD

Predatory Value Extraction by William Lazonick,Jang-Sup Shin Book Summary:

Predatory Value Extraction explains how an ideology of corporate resource allocation known as 'maximizing shareholder value' (MSV) that emerged in the 1980s came to dominate strategic thinking in business schools and corporate boardrooms in the United States. Undermining the social foundations of sustainable prosperity, it resulted in employment instability, income inequity, and slow productivity growth. In explaining what happened to sustainable prosperity, William Lazonick and Jang-Sup Shin focus on the growing imbalance between value creation and value extraction in the U.S. economy, and the corporate-governance institutions that determine this balance in the nation's major business corporations. The imbalance has become so extreme that predatory value extraction is now a central economic activity, to the point at which the U.S. economy as a whole can be aptly described as a value-extracting economy. Balancing the contributions of economic actors to value creation with their power to extract value provides the foundation for stable and equitable economic growth. When certain economic actors are able to assert their power to extract far more value than they contribute to the value-creation process, an imbalance occurs which, when extreme, leads to dire economic, political, and social consequences. This book not only explores these consequences, but also sets out an agenda for restoring sustainable prosperity.

Download or read Predatory Value Extraction book by clicking button below to visit the book download website. There are multiple format available for you to choose (Pdf, ePub, Doc). Predatory Value Extraction explains how an ideology of corporate resource allocation known as 'maximizing shareholder value' (MSV) that emerged in the 1980s came to dominate strategic thinking in business schools and corporate boardrooms in the United States. Undermining the social foundations of sustainable prosperity, it resulted in employment instability, income inequity, and slow productivity growth. In explaining what happened to sustainable prosperity, William Lazonick and Jang-Sup Shin focus on the growing imbalance between value creation and value extraction in the U.S. economy, and the corporate-governance institutions that determine this balance in the nation's major business corporations. The imbalance has become so extreme that predatory value extraction is now a central economic activity, to the point at which the U.S. economy as a whole can be aptly described as a value-extracting economy. Balancing the contributions of economic actors to value creation with their power to extract value provides the foundation for stable and equitable economic growth. When certain economic actors are able to assert their power to extract far more value than they contribute to the value-creation process, an imbalance occurs which, when extreme, leads to dire economic, political, and social consequences. This book not only explores these consequences, but also sets out an agenda for restoring sustainable prosperity.


The Challenge of Sustainability

The Challenge of Sustainability [Pdf/ePub] eBook Author: John Zinkin
Editor: Walter de Gruyter GmbH & Co KG
ISBN-10: 3110670488
Size: 554 kb
Format File: Pdf
Read: 554

DOWNLOAD

The Challenge of Sustainability by John Zinkin Book Summary:

The Challenge of Sustainability: Corporate Governance in a Complicated World reviews the evolution of five types of corporate governance and their different sustainability objectives. It discusses the challenges for boards in achieving sustainability from an environmental, economic, employment, and social perspective and introduces the concept of a political tragedy of the commons if boards do what is in the best interests of their profitability only, without considering their responsibilities and unintended consequences for their stakeholders. It explains how volatility, uncertainty, complexity, and ambiguity complicate making sustainable decisions. This book explores ways of helping prevent such negative outcomes. John Zinkin asserts the director’s need to reconcile volatility with vision, uncertainty with understanding, complexity with courage and commitment, and ambiguity with adaptability. To prevent a potential political tragedy of the commons, the book suggests new decision-making processes; treating employees differently; and makes the case for reforming capitalism. It is aimed at managers, board members and all those who influence them, including shareholder activists, corporate legal personnel, politicians, activists and general readers interested in applying some of these suggestions in their roles as stakeholders, managers and directors.

Download or read The Challenge of Sustainability book by clicking button below to visit the book download website. There are multiple format available for you to choose (Pdf, ePub, Doc). The Challenge of Sustainability: Corporate Governance in a Complicated World reviews the evolution of five types of corporate governance and their different sustainability objectives. It discusses the challenges for boards in achieving sustainability from an environmental, economic, employment, and social perspective and introduces the concept of a political tragedy of the commons if boards do what is in the best interests of their profitability only, without considering their responsibilities and unintended consequences for their stakeholders. It explains how volatility, uncertainty, complexity, and ambiguity complicate making sustainable decisions. This book explores ways of helping prevent such negative outcomes. John Zinkin asserts the director’s need to reconcile volatility with vision, uncertainty with understanding, complexity with courage and commitment, and ambiguity with adaptability. To prevent a potential political tragedy of the commons, the book suggests new decision-making processes; treating employees differently; and makes the case for reforming capitalism. It is aimed at managers, board members and all those who influence them, including shareholder activists, corporate legal personnel, politicians, activists and general readers interested in applying some of these suggestions in their roles as stakeholders, managers and directors.


The Emergence of Corporate Governance

The Emergence of Corporate Governance [Pdf/ePub] eBook Author: Knut Sogner,Andrea Colli
Editor: Routledge
ISBN-10: 1000395979
Size: 1483 kb
Format File: Pdf
Read: 1483

DOWNLOAD

The Emergence of Corporate Governance by Knut Sogner,Andrea Colli Book Summary:

Corporate governance is not just about models of best practice organisation or prescriptions following laws or social conventions. Corporate governance is also about persons of power seeking performance, and they do so in ways that transcend structures and pre-conceived notions of the structural set-up of the business. This book emphasises the decision-making dimensions of corporate governance, placing it right in the messy middle of the ever-changing world of capitalism, focussing on the interplay between professional managers and shareholders. This book aims to bring together several fresh perspectives on the development of capitalism seen through the lens of corporate governance. It illustrates the role of intentionality and persons, both as a method with which to understand processes of change, but also as a principle with which to seek a deeper understanding of the corporate governance choices made. It will be of interest to researchers, academics and students in the fields of corporate governance and entrepreneurship, as well as practitioners and other audience interested in the evolution of capitalism and corporate culture.

Download or read The Emergence of Corporate Governance book by clicking button below to visit the book download website. There are multiple format available for you to choose (Pdf, ePub, Doc). Corporate governance is not just about models of best practice organisation or prescriptions following laws or social conventions. Corporate governance is also about persons of power seeking performance, and they do so in ways that transcend structures and pre-conceived notions of the structural set-up of the business. This book emphasises the decision-making dimensions of corporate governance, placing it right in the messy middle of the ever-changing world of capitalism, focussing on the interplay between professional managers and shareholders. This book aims to bring together several fresh perspectives on the development of capitalism seen through the lens of corporate governance. It illustrates the role of intentionality and persons, both as a method with which to understand processes of change, but also as a principle with which to seek a deeper understanding of the corporate governance choices made. It will be of interest to researchers, academics and students in the fields of corporate governance and entrepreneurship, as well as practitioners and other audience interested in the evolution of capitalism and corporate culture.


Claiming Neighborhood

Claiming Neighborhood [Pdf/ePub] eBook Author: John Betancur,Janet Smith
Editor: University of Illinois Press
ISBN-10: 0252098943
Size: 1396 kb
Format File: Pdf
Read: 1396

DOWNLOAD

Claiming Neighborhood by John Betancur,Janet Smith Book Summary:

Based on historical case studies in Chicago, John J. Betancur and Janet L. Smith focus both the theoretical and practical explanations for why neighborhoods change today. As the authors show, a diverse collection of people including urban policy experts, elected officials, investors, resident leaders, institutions, community-based organizations, and many others compete to control how neighborhoods change and are characterized. Betancur and Smith argue that neighborhoods have become sites of consumption and spaces to be consumed. Discourse is used to add and subtract value from them. The romanticized image of "the neighborhood" exaggerates or obscures race and class struggles while celebrating diversity and income mixing. Scholars and policy makers must reexamine what sustains this image and the power effects produced in order to explain and govern urban space more equitably.

Download or read Claiming Neighborhood book by clicking button below to visit the book download website. There are multiple format available for you to choose (Pdf, ePub, Doc). Based on historical case studies in Chicago, John J. Betancur and Janet L. Smith focus both the theoretical and practical explanations for why neighborhoods change today. As the authors show, a diverse collection of people including urban policy experts, elected officials, investors, resident leaders, institutions, community-based organizations, and many others compete to control how neighborhoods change and are characterized. Betancur and Smith argue that neighborhoods have become sites of consumption and spaces to be consumed. Discourse is used to add and subtract value from them. The romanticized image of "the neighborhood" exaggerates or obscures race and class struggles while celebrating diversity and income mixing. Scholars and policy makers must reexamine what sustains this image and the power effects produced in order to explain and govern urban space more equitably.


Structural Transformation in South Africa

Structural Transformation in South Africa [Pdf/ePub] eBook Author: Antonio Andreoni,Pamela Mondliwa,Simon Roberts,Fiona Tregenna
Editor: Oxford University Press
ISBN-10: 0192646761
Size: 1152 kb
Format File: Pdf
Read: 1152

DOWNLOAD

Structural Transformation in South Africa by Antonio Andreoni,Pamela Mondliwa,Simon Roberts,Fiona Tregenna Book Summary:

Taking South Africa as an important case study of the challenges of structural transformation, Structural Transformation in South Africa offers a new micro-meso level framework and evidence linking country-specific and global dynamics of change, with a focus on the current challenges and opportunities faced by middle-income countries. Detailed analyses of industry groupings and interests in South Africa reveal the complex set of interlocking country-specific factors which have hampered structural transformation over several decades, but also the emerging productive areas and opportunities for structural change. The structural transformation trajectory of South Africa presents a unique country case, given its industrial structure, concentration and highly internationalized economy, as well as the objective of black economic empowerment. Structural Transformation in South Africa links these micro-meso dynamics to global forces driving economic, institutional and social change. This include digital industrialization, global value chain consolidation, financialization, environmental and other sustainability challenges, which are reshaping structural transformation dynamics across middle-income countries like South Africa. While these new drivers of change are disrupting existing industries and interests in some areas, in others they are reinforcing existing trends and configurations of power. The book analyses the ways in which both the domestic and global drivers of structural transformation shape-and, in some cases, are shaped by-a country's political settlement and its evolution. By focusing on the political economy of structural transformation, the book disentangles the specific dynamics underlying the South African experience of the middle-income country conundrum. In so doing, it brings to light the broader challenges faced by similar countries in achieving structural transformation via industrial policies.

Download or read Structural Transformation in South Africa book by clicking button below to visit the book download website. There are multiple format available for you to choose (Pdf, ePub, Doc). Taking South Africa as an important case study of the challenges of structural transformation, Structural Transformation in South Africa offers a new micro-meso level framework and evidence linking country-specific and global dynamics of change, with a focus on the current challenges and opportunities faced by middle-income countries. Detailed analyses of industry groupings and interests in South Africa reveal the complex set of interlocking country-specific factors which have hampered structural transformation over several decades, but also the emerging productive areas and opportunities for structural change. The structural transformation trajectory of South Africa presents a unique country case, given its industrial structure, concentration and highly internationalized economy, as well as the objective of black economic empowerment. Structural Transformation in South Africa links these micro-meso dynamics to global forces driving economic, institutional and social change. This include digital industrialization, global value chain consolidation, financialization, environmental and other sustainability challenges, which are reshaping structural transformation dynamics across middle-income countries like South Africa. While these new drivers of change are disrupting existing industries and interests in some areas, in others they are reinforcing existing trends and configurations of power. The book analyses the ways in which both the domestic and global drivers of structural transformation shape-and, in some cases, are shaped by-a country's political settlement and its evolution. By focusing on the political economy of structural transformation, the book disentangles the specific dynamics underlying the South African experience of the middle-income country conundrum. In so doing, it brings to light the broader challenges faced by similar countries in achieving structural transformation via industrial policies.


The Oxford Handbook of Industrial Hubs and Economic Development

The Oxford Handbook of Industrial Hubs and Economic Development [Pdf/ePub] eBook Author: Arkebe Oqubay,Justin Yifu Lin
Editor: Oxford University Press
ISBN-10: 0192590944
Size: 1955 kb
Format File: Pdf
Read: 1955

DOWNLOAD

The Oxford Handbook of Industrial Hubs and Economic Development by Arkebe Oqubay,Justin Yifu Lin Book Summary:

Industrialization supported by industrial hubs has been widely associated with structural transformation and catch-up. But while the direct economic benefits of industrial hubs are significant, their value lies first and foremost in their contribution as incubators of industrialization, production and technological capability, and innovation. The Oxford Handbook of Industrial Hubs and Economic Development adopts an interdisciplinary approach to examine the conceptual underpinnings, review empirical evidence of regions and economies, and extract pertinent lessons for policy reasearchers and practitioners on the key drivers of success and failure for industrial hubs. This Handbook illustrates the diverse and complex nature of industrial hubs and shows how they promote industrialization, economic structural transformation, and technological catch-up. It explores the implications of emerging issues and trends such as environmental protection and sustainability, technological advancement, shifts in the global economy, and urbanization.

Download or read The Oxford Handbook of Industrial Hubs and Economic Development book by clicking button below to visit the book download website. There are multiple format available for you to choose (Pdf, ePub, Doc). Industrialization supported by industrial hubs has been widely associated with structural transformation and catch-up. But while the direct economic benefits of industrial hubs are significant, their value lies first and foremost in their contribution as incubators of industrialization, production and technological capability, and innovation. The Oxford Handbook of Industrial Hubs and Economic Development adopts an interdisciplinary approach to examine the conceptual underpinnings, review empirical evidence of regions and economies, and extract pertinent lessons for policy reasearchers and practitioners on the key drivers of success and failure for industrial hubs. This Handbook illustrates the diverse and complex nature of industrial hubs and shows how they promote industrialization, economic structural transformation, and technological catch-up. It explores the implications of emerging issues and trends such as environmental protection and sustainability, technological advancement, shifts in the global economy, and urbanization.


Corporate Governance in Contention

Corporate Governance in Contention [Pdf/ePub] eBook Author: Ciaran Driver,Grahame Thompson
Editor: Oxford University Press
ISBN-10: 0192527665
Size: 1989 kb
Format File: Pdf
Read: 1989

DOWNLOAD

Corporate Governance in Contention by Ciaran Driver,Grahame Thompson Book Summary:

Corporate governance is a complex idea that is often inappropriately simplified as a cookbook of recommended measures to improve financial performance. Meta studies of published research show that the supposed benign effects of these measures - independent directors or highly incentivised executives - are at best context-specific. There is thus a challenge to explain the meaning, purpose, and importance of corporate governance. This volume addresses these issues. The issues discussed centre on relationships within the firm e.g. between labour, managers, and investors, and relationships outside the firm that affect consumers or the environment. The essays in this collection are the considered selection by the editors and the contributors themselves of what are seen as some of the most weighty and urgent issues that connect the corporation and society at large in developed economies with established property rights. The essays are to be read in dialogue with each other, giving a richer understanding than could be obtained by shepherding all contributions into a single mould. Nevertheless taken together they demonstrate a shared sense of deep concern that the corporate governance agenda has been and still is on the wrong track. The contributors, individually and collectively, identify in this compendium both a research programme and a platform for change.

Download or read Corporate Governance in Contention book by clicking button below to visit the book download website. There are multiple format available for you to choose (Pdf, ePub, Doc). Corporate governance is a complex idea that is often inappropriately simplified as a cookbook of recommended measures to improve financial performance. Meta studies of published research show that the supposed benign effects of these measures - independent directors or highly incentivised executives - are at best context-specific. There is thus a challenge to explain the meaning, purpose, and importance of corporate governance. This volume addresses these issues. The issues discussed centre on relationships within the firm e.g. between labour, managers, and investors, and relationships outside the firm that affect consumers or the environment. The essays in this collection are the considered selection by the editors and the contributors themselves of what are seen as some of the most weighty and urgent issues that connect the corporation and society at large in developed economies with established property rights. The essays are to be read in dialogue with each other, giving a richer understanding than could be obtained by shepherding all contributions into a single mould. Nevertheless taken together they demonstrate a shared sense of deep concern that the corporate governance agenda has been and still is on the wrong track. The contributors, individually and collectively, identify in this compendium both a research programme and a platform for change.


Conflict and Shifting Boundaries in the Gig Economy

Conflict and Shifting Boundaries in the Gig Economy [Pdf/ePub] eBook Author: Rebecca Page-Tickell,Elaine Yerby
Editor: Emerald Group Publishing
ISBN-10: 1838676058
Size: 1051 kb
Format File: Pdf
Read: 1051

DOWNLOAD

Conflict and Shifting Boundaries in the Gig Economy by Rebecca Page-Tickell,Elaine Yerby Book Summary:

Using an interdisciplinary approach, this book draws on legal, HRM, occupational psychology and economic perspectives to innovatively explore the conflicts and blurring boundaries affecting the Gig Economy in terms of the worker, employee identity, status and relationships, and team and career management.

Download or read Conflict and Shifting Boundaries in the Gig Economy book by clicking button below to visit the book download website. There are multiple format available for you to choose (Pdf, ePub, Doc). Using an interdisciplinary approach, this book draws on legal, HRM, occupational psychology and economic perspectives to innovatively explore the conflicts and blurring boundaries affecting the Gig Economy in terms of the worker, employee identity, status and relationships, and team and career management.


Why Nations Fail

Why Nations Fail [Pdf/ePub] eBook Author: Daron Acemoglu,James A. Robinson
Editor: Currency
ISBN-10: 0307719235
Size: 1688 kb
Format File: Pdf
Read: 1688

DOWNLOAD

Why Nations Fail by Daron Acemoglu,James A. Robinson Book Summary:

Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, geography? Perhaps ignorance of what the right policies are? Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence? Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities. The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions—with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories. Based on fifteen years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including: - China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West? - Are America’s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority? - What is the most effective way to help move billions of people from the rut of poverty to prosperity? More philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions? Why Nations Fail will change the way you look at—and understand—the world.

Download or read Why Nations Fail book by clicking button below to visit the book download website. There are multiple format available for you to choose (Pdf, ePub, Doc). Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, geography? Perhaps ignorance of what the right policies are? Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence? Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities. The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions—with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories. Based on fifteen years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including: - China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West? - Are America’s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority? - What is the most effective way to help move billions of people from the rut of poverty to prosperity? More philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions? Why Nations Fail will change the way you look at—and understand—the world.


The Meritocracy Trap

The Meritocracy Trap [Pdf/ePub] eBook Author: Daniel Markovits
Editor: Penguin
ISBN-10: 0735222002
Size: 481 kb
Format File: Pdf
Read: 481

DOWNLOAD

The Meritocracy Trap by Daniel Markovits Book Summary:

A revolutionary new argument from eminent Yale Law professor Daniel Markovits attacking the false promise of meritocracy It is an axiom of American life that advantage should be earned through ability and effort. Even as the country divides itself at every turn, the meritocratic ideal – that social and economic rewards should follow achievement rather than breeding – reigns supreme. Both Democrats and Republicans insistently repeat meritocratic notions. Meritocracy cuts to the heart of who we are. It sustains the American dream. But what if, both up and down the social ladder, meritocracy is a sham? Today, meritocracy has become exactly what it was conceived to resist: a mechanism for the concentration and dynastic transmission of wealth and privilege across generations. Upward mobility has become a fantasy, and the embattled middle classes are now more likely to sink into the working poor than to rise into the professional elite. At the same time, meritocracy now ensnares even those who manage to claw their way to the top, requiring rich adults to work with crushing intensity, exploiting their expensive educations in order to extract a return. All this is not the result of deviations or retreats from meritocracy but rather stems directly from meritocracy’s successes. This is the radical argument that Daniel Markovits prosecutes with rare force. Markovits is well placed to expose the sham of meritocracy. Having spent his life at elite universities, he knows from the inside the corrosive system we are trapped within. Markovits also knows that, if we understand that meritocratic inequality produces near-universal harm, we can cure it. When The Meritocracy Trap reveals the inner workings of the meritocratic machine, it also illuminates the first steps outward, towards a new world that might once again afford dignity and prosperity to the American people.

Download or read The Meritocracy Trap book by clicking button below to visit the book download website. There are multiple format available for you to choose (Pdf, ePub, Doc). A revolutionary new argument from eminent Yale Law professor Daniel Markovits attacking the false promise of meritocracy It is an axiom of American life that advantage should be earned through ability and effort. Even as the country divides itself at every turn, the meritocratic ideal – that social and economic rewards should follow achievement rather than breeding – reigns supreme. Both Democrats and Republicans insistently repeat meritocratic notions. Meritocracy cuts to the heart of who we are. It sustains the American dream. But what if, both up and down the social ladder, meritocracy is a sham? Today, meritocracy has become exactly what it was conceived to resist: a mechanism for the concentration and dynastic transmission of wealth and privilege across generations. Upward mobility has become a fantasy, and the embattled middle classes are now more likely to sink into the working poor than to rise into the professional elite. At the same time, meritocracy now ensnares even those who manage to claw their way to the top, requiring rich adults to work with crushing intensity, exploiting their expensive educations in order to extract a return. All this is not the result of deviations or retreats from meritocracy but rather stems directly from meritocracy’s successes. This is the radical argument that Daniel Markovits prosecutes with rare force. Markovits is well placed to expose the sham of meritocracy. Having spent his life at elite universities, he knows from the inside the corrosive system we are trapped within. Markovits also knows that, if we understand that meritocratic inequality produces near-universal harm, we can cure it. When The Meritocracy Trap reveals the inner workings of the meritocratic machine, it also illuminates the first steps outward, towards a new world that might once again afford dignity and prosperity to the American people.


Sustainable Prosperity in the New Economy?

Sustainable Prosperity in the New Economy? [Pdf/ePub] eBook Author: William Lazonick
Editor: W.E. Upjohn Institute
ISBN-10: 0880993510
Size: 923 kb
Format File: Pdf
Read: 923

DOWNLOAD

Sustainable Prosperity in the New Economy? by William Lazonick Book Summary:

Lazonick explores the origins of the new era of employment insecurity and income inequality, and considers what governments, businesses, and individuals can do about it. He also asks whether the United States can refashion its high-tech business model to generate stable and equitable economic growth. --from publisher description.

Download or read Sustainable Prosperity in the New Economy? book by clicking button below to visit the book download website. There are multiple format available for you to choose (Pdf, ePub, Doc). Lazonick explores the origins of the new era of employment insecurity and income inequality, and considers what governments, businesses, and individuals can do about it. He also asks whether the United States can refashion its high-tech business model to generate stable and equitable economic growth. --from publisher description.


Planetary Mine

Planetary Mine [Pdf/ePub] eBook Author: Martin Arboleda
Editor: Verso Books
ISBN-10: 1788732987
Size: 1893 kb
Format File: Pdf
Read: 1893

DOWNLOAD

Planetary Mine by Martin Arboleda Book Summary:

A clarion call to rethink natural resource extraction beyond the extractive industries Planetary Mine rethinks the politics and territoriality of resource extraction, especially as the mining industry becomes reorganized in the form of logistical networks, and East Asian economies emerge as the new pivot of the capitalist world-system. Through an exploration of the ways in which mines in the Atacama Desert of Chile—the driest in the world—have become intermingled with an expanding constellation of megacities, ports, banks, and factories across East Asia, the book rethinks uneven geographical development in the era of supply chain capitalism. Arguing that extraction entails much more than the mere spatiality of mine shafts and pits, Planetary Mine points towards the expanding webs of infrastructure, of labor, of finance, and of struggle, that drive resource-based industries in the twenty-first century.

Download or read Planetary Mine book by clicking button below to visit the book download website. There are multiple format available for you to choose (Pdf, ePub, Doc). A clarion call to rethink natural resource extraction beyond the extractive industries Planetary Mine rethinks the politics and territoriality of resource extraction, especially as the mining industry becomes reorganized in the form of logistical networks, and East Asian economies emerge as the new pivot of the capitalist world-system. Through an exploration of the ways in which mines in the Atacama Desert of Chile—the driest in the world—have become intermingled with an expanding constellation of megacities, ports, banks, and factories across East Asia, the book rethinks uneven geographical development in the era of supply chain capitalism. Arguing that extraction entails much more than the mere spatiality of mine shafts and pits, Planetary Mine points towards the expanding webs of infrastructure, of labor, of finance, and of struggle, that drive resource-based industries in the twenty-first century.


Carceral Capitalism

Carceral Capitalism [Pdf/ePub] eBook Author: Jackie Wang
Editor: MIT Press
ISBN-10: 1635900352
Size: 504 kb
Format File: Pdf
Read: 504

DOWNLOAD

Carceral Capitalism by Jackie Wang Book Summary:

Essays on the contemporary continuum of incarceration: the biopolitics of juvenile delinquency, predatory policing, the political economy of fees and fines, and algorithmic policing. What we see happening in Ferguson and other cities around the country is not the creation of livable spaces, but the creation of living hells. When people are trapped in a cycle of debt it also can affect their subjectivity and how they temporally inhabit the world by making it difficult for them to imagine and plan for the future. What psychic toll does this have on residents? How does it feel to be routinely dehumanized and exploited by the police? —from Carceral Capitalism In this collection of essays in Semiotext(e)'s Intervention series, Jackie Wang examines the contemporary incarceration techniques that have emerged since the 1990s. The essays illustrate various aspects of the carceral continuum, including the biopolitics of juvenile delinquency, predatory policing, the political economy of fees and fines, cybernetic governance, and algorithmic policing. Included in this volume is Wang's influential critique of liberal anti-racist politics, “Against Innocence,” as well as essays on RoboCop, techno-policing, and the aesthetic problem of making invisible forms of power legible. Wang shows that the new racial capitalism begins with parasitic governance and predatory lending that extends credit only to dispossess later. Predatory lending has a decidedly spatial character and exists in many forms, including subprime mortgage loans, student loans for sham for-profit colleges, car loans, rent-to-own scams, payday loans, and bail bond loans. Parasitic governance, Wang argues, operates through five primary techniques: financial states of exception, automation, extraction and looting, confinement, and gratuitous violence. While these techniques of governance often involve physical confinement and the state-sanctioned execution of black Americans, new carceral modes have blurred the distinction between the inside and outside of prison. As technologies of control are perfected, carcerality tends to bleed into society.

Download or read Carceral Capitalism book by clicking button below to visit the book download website. There are multiple format available for you to choose (Pdf, ePub, Doc). Essays on the contemporary continuum of incarceration: the biopolitics of juvenile delinquency, predatory policing, the political economy of fees and fines, and algorithmic policing. What we see happening in Ferguson and other cities around the country is not the creation of livable spaces, but the creation of living hells. When people are trapped in a cycle of debt it also can affect their subjectivity and how they temporally inhabit the world by making it difficult for them to imagine and plan for the future. What psychic toll does this have on residents? How does it feel to be routinely dehumanized and exploited by the police? —from Carceral Capitalism In this collection of essays in Semiotext(e)'s Intervention series, Jackie Wang examines the contemporary incarceration techniques that have emerged since the 1990s. The essays illustrate various aspects of the carceral continuum, including the biopolitics of juvenile delinquency, predatory policing, the political economy of fees and fines, cybernetic governance, and algorithmic policing. Included in this volume is Wang's influential critique of liberal anti-racist politics, “Against Innocence,” as well as essays on RoboCop, techno-policing, and the aesthetic problem of making invisible forms of power legible. Wang shows that the new racial capitalism begins with parasitic governance and predatory lending that extends credit only to dispossess later. Predatory lending has a decidedly spatial character and exists in many forms, including subprime mortgage loans, student loans for sham for-profit colleges, car loans, rent-to-own scams, payday loans, and bail bond loans. Parasitic governance, Wang argues, operates through five primary techniques: financial states of exception, automation, extraction and looting, confinement, and gratuitous violence. While these techniques of governance often involve physical confinement and the state-sanctioned execution of black Americans, new carceral modes have blurred the distinction between the inside and outside of prison. As technologies of control are perfected, carcerality tends to bleed into society.


The Theory of the Leisure Class

The Theory of the Leisure Class [Pdf/ePub] eBook Author: Thorstein Veblen
Editor: Courier Corporation
ISBN-10: 0486115623
Size: 561 kb
Format File: Pdf
Read: 561

DOWNLOAD

The Theory of the Leisure Class by Thorstein Veblen Book Summary:

Classic of economic and social theory offers satiric examination of the hollowness and falsity suggested by the term "conspicuous consumption," exposing the emptiness of many standards of taste, education, dress, and culture.

Download or read The Theory of the Leisure Class book by clicking button below to visit the book download website. There are multiple format available for you to choose (Pdf, ePub, Doc). Classic of economic and social theory offers satiric examination of the hollowness and falsity suggested by the term "conspicuous consumption," exposing the emptiness of many standards of taste, education, dress, and culture.


Frontlines

Frontlines [Pdf/ePub] eBook Author: Nick Meynen
Editor: John Hunt Publishing
ISBN-10: 1789041937
Size: 959 kb
Format File: Pdf
Read: 959

DOWNLOAD

Frontlines by Nick Meynen Book Summary:

Every unpacked frontline is one cutting edge of an economic system and political ideology that is destroying life on earth. Revealing our ecosystems to be under a sustained attack, Nick Meynen finds causes for hope in unconventional places. 'In his wide-ranging journalism and writing, Nick Meynen has been vividly mapping struggles for justice around the world. His new book is a rich collection of the human stories of those struggles, from resistance to mining in India and Greece, to land grabbing in Uganda, to a landmark climate lawsuit in the Netherlands. The book harnesses the power of lived experience to bring our most urgent, high-stakes policy debates to life, and it deserves a wide international audience.' Naomi Klein, author of The Shock Doctrine and This Changes Everything: Capitalism vs. the Climate

Download or read Frontlines book by clicking button below to visit the book download website. There are multiple format available for you to choose (Pdf, ePub, Doc). Every unpacked frontline is one cutting edge of an economic system and political ideology that is destroying life on earth. Revealing our ecosystems to be under a sustained attack, Nick Meynen finds causes for hope in unconventional places. 'In his wide-ranging journalism and writing, Nick Meynen has been vividly mapping struggles for justice around the world. His new book is a rich collection of the human stories of those struggles, from resistance to mining in India and Greece, to land grabbing in Uganda, to a landmark climate lawsuit in the Netherlands. The book harnesses the power of lived experience to bring our most urgent, high-stakes policy debates to life, and it deserves a wide international audience.' Naomi Klein, author of The Shock Doctrine and This Changes Everything: Capitalism vs. the Climate


The Finance Curse

The Finance Curse [Pdf/ePub] eBook Author: Nicholas Shaxson
Editor: Grove Press
ISBN-10: 0802146384
Size: 643 kb
Format File: Pdf
Read: 643

DOWNLOAD

The Finance Curse by Nicholas Shaxson Book Summary:

A searing indictment of global finance, exploring how the banking sector grew from a supporter of business to the biggest business in the world, and showing how societies might fight against financial hegemony Financial journalist Nicholas Shaxson first made his reputation studying the “resource curse,” seeing first-hand the disastrous economic and societal effects of the discovery of oil in Angola. He then gained prominence as an expert on tax havens, revealing the dark corners of that world long before the scandals of the Panama and Paradise Papers. Now, in The Finance Curse, revised with chapters exclusive to this American edition, he takes us on a terrifying journey through the world economy, exposing tax havens, monopolists, megabanks, private equity firms, Eurobond traders, lobbyists, and a menagerie of scoundrels quietly financializing our entire society, hurting both business and individuals. Shaxson shows we got here, telling the story of how finance re-engineered the global economic order in the last half-century, with the aim not of creating wealth but extracting it from the underlying economy. Under the twin gospels of “national competitiveness” and “shareholder value,” megabanks and financialized corporations have provoked a race to the bottom between states to provide the most subsidized environment for big business, have encouraged a brain drain into finance, and have fostered instability, inequality, and turned a blind eye to the spoils of organized crime. From Ireland to Iowa, Shaxson shows the insidious effects of financialization on our politics and on communities who were promised paradise but got poverty wages instead. We need a strong financial system—but when it grows too big it becomes a monster. The Finance Curse is the explosive story of how finance got a stranglehold on society, and reveals how we might release ourselves from its grasp.

Download or read The Finance Curse book by clicking button below to visit the book download website. There are multiple format available for you to choose (Pdf, ePub, Doc). A searing indictment of global finance, exploring how the banking sector grew from a supporter of business to the biggest business in the world, and showing how societies might fight against financial hegemony Financial journalist Nicholas Shaxson first made his reputation studying the “resource curse,” seeing first-hand the disastrous economic and societal effects of the discovery of oil in Angola. He then gained prominence as an expert on tax havens, revealing the dark corners of that world long before the scandals of the Panama and Paradise Papers. Now, in The Finance Curse, revised with chapters exclusive to this American edition, he takes us on a terrifying journey through the world economy, exposing tax havens, monopolists, megabanks, private equity firms, Eurobond traders, lobbyists, and a menagerie of scoundrels quietly financializing our entire society, hurting both business and individuals. Shaxson shows we got here, telling the story of how finance re-engineered the global economic order in the last half-century, with the aim not of creating wealth but extracting it from the underlying economy. Under the twin gospels of “national competitiveness” and “shareholder value,” megabanks and financialized corporations have provoked a race to the bottom between states to provide the most subsidized environment for big business, have encouraged a brain drain into finance, and have fostered instability, inequality, and turned a blind eye to the spoils of organized crime. From Ireland to Iowa, Shaxson shows the insidious effects of financialization on our politics and on communities who were promised paradise but got poverty wages instead. We need a strong financial system—but when it grows too big it becomes a monster. The Finance Curse is the explosive story of how finance got a stranglehold on society, and reveals how we might release ourselves from its grasp.


Imperial Germany & the Industrial Revolution

Imperial Germany & the Industrial Revolution [Pdf/ePub] eBook Author: Thorstein Veblen
Editor: Musaicum Books
ISBN-10: 8027200628
Size: 462 kb
Format File: Pdf
Read: 462

DOWNLOAD

Imperial Germany & the Industrial Revolution by Thorstein Veblen Book Summary:

This eBook edition of “Imperial Germany & the Industrial Revolution” has been formatted to the highest digital standards and adjusted for readability on all devices. The book was published in 1915, after the First World War began. Veblen considered warfare a threat to economic productivity and contrasted the authoritarian politics of Germany with the democratic tradition of Britain, noting that industrialization in Germany had not produced a progressive political culture. Imperial Germany and the Industrial Revolution is in major part a study of the deviations in cultural and social growth between the English and the German. It deals with the consequences those differences created in social, economic and other domains. Veblen here describes, through the study of German culture, historical and social aspect, how it came to forming of the Third Reich, even before it was formed. He suggests that the Germany's autocracy was an advantage compared to democratic countries. After it was censored during the war, it was later released and it represents a substantial contribution in its sphere of influence. Thorstein Veblen (1857-1929) was an American economist and sociologist. He is well known as a witty critic of capitalism. Veblen is famous for the idea of "conspicuous consumption." Conspicuous consumption, along with "conspicuous leisure," is performed to demonstrate wealth or mark social status. Veblen explains the concept in his best-known book, The Theory of the Leisure Class. Within the history of economic thought, Veblen is considered the leader of the institutional economics movement. Veblen's distinction between "institutions" and "technology" is still called the Veblenian dichotomy by contemporary economists.

Download or read Imperial Germany & the Industrial Revolution book by clicking button below to visit the book download website. There are multiple format available for you to choose (Pdf, ePub, Doc). This eBook edition of “Imperial Germany & the Industrial Revolution” has been formatted to the highest digital standards and adjusted for readability on all devices. The book was published in 1915, after the First World War began. Veblen considered warfare a threat to economic productivity and contrasted the authoritarian politics of Germany with the democratic tradition of Britain, noting that industrialization in Germany had not produced a progressive political culture. Imperial Germany and the Industrial Revolution is in major part a study of the deviations in cultural and social growth between the English and the German. It deals with the consequences those differences created in social, economic and other domains. Veblen here describes, through the study of German culture, historical and social aspect, how it came to forming of the Third Reich, even before it was formed. He suggests that the Germany's autocracy was an advantage compared to democratic countries. After it was censored during the war, it was later released and it represents a substantial contribution in its sphere of influence. Thorstein Veblen (1857-1929) was an American economist and sociologist. He is well known as a witty critic of capitalism. Veblen is famous for the idea of "conspicuous consumption." Conspicuous consumption, along with "conspicuous leisure," is performed to demonstrate wealth or mark social status. Veblen explains the concept in his best-known book, The Theory of the Leisure Class. Within the history of economic thought, Veblen is considered the leader of the institutional economics movement. Veblen's distinction between "institutions" and "technology" is still called the Veblenian dichotomy by contemporary economists.


Basic Economics

Basic Economics [Pdf/ePub] eBook Author: Thomas Sowell
Editor: Basic Books
ISBN-10: 0465056849
Size: 1316 kb
Format File: Pdf
Read: 1316

DOWNLOAD

Basic Economics by Thomas Sowell Book Summary:

The bestselling citizen's guide to economics Basic Economics is a citizen's guide to economics, written for those who want to understand how the economy works but have no interest in jargon or equations. Bestselling economist Thomas Sowell explains the general principles underlying different economic systems: capitalist, socialist, feudal, and so on. In readable language, he shows how to critique economic policies in terms of the incentives they create, rather than the goals they proclaim. With clear explanations of the entire field, from rent control and the rise and fall of businesses to the international balance of payments, this is the first book for anyone who wishes to understand how the economy functions. This fifth edition includes a new chapter explaining the reasons for large differences of wealth and income between nations. Drawing on lively examples from around the world and from centuries of history, Sowell explains basic economic principles for the general public in plain English.

Download or read Basic Economics book by clicking button below to visit the book download website. There are multiple format available for you to choose (Pdf, ePub, Doc). The bestselling citizen's guide to economics Basic Economics is a citizen's guide to economics, written for those who want to understand how the economy works but have no interest in jargon or equations. Bestselling economist Thomas Sowell explains the general principles underlying different economic systems: capitalist, socialist, feudal, and so on. In readable language, he shows how to critique economic policies in terms of the incentives they create, rather than the goals they proclaim. With clear explanations of the entire field, from rent control and the rise and fall of businesses to the international balance of payments, this is the first book for anyone who wishes to understand how the economy functions. This fifth edition includes a new chapter explaining the reasons for large differences of wealth and income between nations. Drawing on lively examples from around the world and from centuries of history, Sowell explains basic economic principles for the general public in plain English.


In Defense of Housing

In Defense of Housing [Pdf/ePub] eBook Author: Peter Marcuse,David Madden
Editor: Verso Books
ISBN-10: 1784783560
Size: 673 kb
Format File: Pdf
Read: 673

DOWNLOAD

In Defense of Housing by Peter Marcuse,David Madden Book Summary:

In every major city in the world there is a housing crisis. How did this happen and what can we do about it? Everyone needs and deserves housing. But today our homes are being transformed into commodities, making the inequalities of the city ever more acute. Profit has become more important than social need. The poor are forced to pay more for worse housing. Communities are faced with the violence of displacement and gentrification. And the benefits of decent housing are only available for those who can afford it. In Defense of Housing is the definitive statement on this crisis from leading urban planner Peter Marcuse and sociologist David Madden. They look at the causes and consequences of the housing problem and detail the need for progressive alternatives. The housing crisis cannot be solved by minor policy shifts, they argue. Rather, the housing crisis has deep political and economic roots—and therefore requires a radical response.

Download or read In Defense of Housing book by clicking button below to visit the book download website. There are multiple format available for you to choose (Pdf, ePub, Doc). In every major city in the world there is a housing crisis. How did this happen and what can we do about it? Everyone needs and deserves housing. But today our homes are being transformed into commodities, making the inequalities of the city ever more acute. Profit has become more important than social need. The poor are forced to pay more for worse housing. Communities are faced with the violence of displacement and gentrification. And the benefits of decent housing are only available for those who can afford it. In Defense of Housing is the definitive statement on this crisis from leading urban planner Peter Marcuse and sociologist David Madden. They look at the causes and consequences of the housing problem and detail the need for progressive alternatives. The housing crisis cannot be solved by minor policy shifts, they argue. Rather, the housing crisis has deep political and economic roots—and therefore requires a radical response.