Business Organization and the Myth of the Market Economy

Business Organization and the Myth of the Market Economy
Author: William Lazonick
Publisher: Cambridge University Press
Total Pages: 392
Release: 1993-05-28
Genre: Business & Economics
ISBN: 9780521447881

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Explains the transitions in twentieth-century industrial leadership in terms of changing business investment strategies and organizational structures.

The Myth of Capitalism

The Myth of Capitalism
Author: Jonathan Tepper
Publisher: John Wiley & Sons
Total Pages: 320
Release: 2018-11-29
Genre: Business & Economics
ISBN: 1119548195

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The Myth of Capitalism tells the story of how America has gone from an open, competitive marketplace to an economy where a few very powerful companies dominate key industries that affect our daily lives. Digital monopolies like Google, Facebook and Amazon act as gatekeepers to the digital world. Amazon is capturing almost all online shopping dollars. We have the illusion of choice, but for most critical decisions, we have only one or two companies, when it comes to high speed Internet, health insurance, medical care, mortgage title insurance, social networks, Internet searches, or even consumer goods like toothpaste. Every day, the average American transfers a little of their pay check to monopolists and oligopolists. The solution is vigorous anti-trust enforcement to return America to a period where competition created higher economic growth, more jobs, higher wages and a level playing field for all. The Myth of Capitalism is the story of industrial concentration, but it matters to everyone, because the stakes could not be higher. It tackles the big questions of: why is the US becoming a more unequal society, why is economic growth anemic despite trillions of dollars of federal debt and money printing, why the number of start-ups has declined, and why are workers losing out.

The Illusion of Free Markets

The Illusion of Free Markets
Author: Bernard E. Harcourt
Publisher: Harvard University Press
Total Pages: 337
Release: 2011-05-01
Genre: Business & Economics
ISBN: 0674059360

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It is widely believed today that the free market is the best mechanism ever invented to efficiently allocate resources in society. Just as fundamental as faith in the free market is the belief that government has a legitimate and competent role in policing and the punishment arena. This curious incendiary combination of free market efficiency and the Big Brother state has become seemingly obvious, but it hinges on the illusion of a supposedly natural order in the economic realm. The Illusion of Free Markets argues that our faith in “free markets” has severely distorted American politics and punishment practices. Bernard Harcourt traces the birth of the idea of natural order to eighteenth-century economic thought and reveals its gradual evolution through the Chicago School of economics and ultimately into today’s myth of the free market. The modern category of “liberty” emerged in reaction to an earlier, integrated vision of punishment and public economy, known in the eighteenth century as “police.” This development shaped the dominant belief today that competitive markets are inherently efficient and should be sharply demarcated from a government-run penal sphere. This modern vision rests on a simple but devastating illusion. Superimposing the political categories of “freedom” or “discipline” on forms of market organization has the unfortunate effect of obscuring rather than enlightening. It obscures by making both the free market and the prison system seem natural and necessary. In the process, it facilitated the birth of the penitentiary system in the nineteenth century and its ultimate culmination into mass incarceration today.

Cooperative Strategy : Economic, Business, and Organizational Issues

Cooperative Strategy : Economic, Business, and Organizational Issues
Author: David Faulkner
Publisher: OUP Oxford
Total Pages: 418
Release: 2000-05-18
Genre: Business networks
ISBN: 0191583383

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This book brings together some of the latest thinking and research on cooperative strategy. Work in this area has grown rapidly over the last decade, but no single thematic approach has dominated and become the ascendant theoryDSresource dependency, transaction cost analysis, market power, and game theory have all made significant contributions to the growing literature on strategic cooperation. This book presents chapters from many of these theoretical perspectives and some of the key issues through a number of different lenses.

The Cambridge Economic History of Modern Britain

The Cambridge Economic History of Modern Britain
Author: Roderick Floud
Publisher: Cambridge University Press
Total Pages: 564
Release: 2003
Genre: Business & Economics
ISBN: 9780521527361

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Publisher Description

Bad Samaritans

Bad Samaritans
Author: Ha-Joon Chang
Publisher: Bloomsbury Publishing USA
Total Pages: 289
Release: 2010-08-09
Genre: Business & Economics
ISBN: 1596917385

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"Lucid, deeply informed, and enlivened with striking illustrations." -Noam Chomsky One economist has called Ha-Joon Chang "the most exciting thinker our profession has turned out in the past fifteen years." With Bad Samaritans, this provocative scholar bursts into the debate on globalization and economic justice. Using irreverent wit, an engagingly personal style, and a battery of examples, Chang blasts holes in the "World Is Flat" orthodoxy of Thomas Friedman and other liberal economists who argue that only unfettered capitalism and wide-open international trade can lift struggling nations out of poverty. On the contrary, Chang shows, today's economic superpowers-from the U.S. to Britain to his native Korea-all attained prosperity by shameless protectionism and government intervention in industry. We have conveniently forgotten this fact, telling ourselves a fairy tale about the magic of free trade and-via our proxies such as the World Bank, International Monetary Fund, and World Trade Organization-ramming policies that suit ourselves down the throat of the developing world. Unlike typical economists who construct models of how the marketplace should work, Chang examines the past: what has actually happened. His pungently contrarian history demolishes one pillar after another of free-market mythology. We treat patents and copyrights as sacrosanct-but developed our own industries by studiously copying others' technologies. We insist that centrally planned economies stifle growth-but many developing countries had higher GDP growth before they were pressured into deregulating their economies. Both justice and common sense, Chang argues, demand that we reevaluate the policies we force on nations that are struggling to follow in our footsteps.

Globalization and the South

Globalization and the South
Author: Caroline Thomas
Publisher: Springer
Total Pages: 248
Release: 2016-07-27
Genre: Social Science
ISBN: 1349256331

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This volume brings together a group of authors who share a common concern with the effects of globalization on the South. Included among these effects is the accelerating erosion of the social, economic and political significance of the territorial distinction on which the terms South and North are founded. The authors' aim is explicit: to offer a unique perspective on globalization which places the transformation of the South and the renewed global organization of inequality at the heart of our understanding of the global order.

British Cotton Textiles: Maturity and Decline

British Cotton Textiles: Maturity and Decline
Author: David Higgins
Publisher: Routledge
Total Pages: 250
Release: 2018-11-09
Genre: Business & Economics
ISBN: 131540365X

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This book examines the decline of the cotton textiles industry, which defined Britain as an industrial nation, from its peak in the late nineteenth century to the state of the industry at the end of the twentieth century. Focusing on the owners and managers of cotton businesses, the authors examine how they mobilised financial resources; their attitudes to industry structure and technology; and their responses to the challenges posed by global markets. The origins of the problems which forced the industry into decline are not found in any apparent loss of competitiveness during the long nineteenth century but rather in the disastrous reflotation after the First World War. As a consequence of these speculations, rationalisation and restructuring became more difficult at the time when they were most needed, and government intervention led to a series of partial solutions to what became a process of protracted decline. In the post-1945 period, the authors show how government policy encouraged capital withdrawal rather than encouraging the investment needed for restructuring. The examples of corporate success since the Second World War – such as David Alliance and his Viyella Group – exploited government policy, access to capital markets, and closer relationships with retailers, but were ultimately unable to respond effectively to international competition and the challenges of globalisation. The chapters in this book were originally published in Business History and Accounting, Business and Financial History.

The New Institutional Economics and Third World Development

The New Institutional Economics and Third World Development
Author: John Harriss
Publisher: Routledge
Total Pages: 382
Release: 1995-12-14
Genre: Business & Economics
ISBN: 1134727054

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The new institutional economics is one of the the most important new bodies of theory to emerge in economics in recent years. The contributors to this volume address its significance for the developing world. The book is a major contribution to an area of debate still in its formative phase. The book challenges the orthodoxies of development, espec