Taming Corporate Power In The 21st Century
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| Author | : Gerald F. Davis |
| Publisher | : |
| Total Pages | : 90 |
| Release | : 2022-05-18 |
| Genre | : Business & Economics |
| ISBN | : 1009089277 |
There is broad consensus across the political spectrum in the US that monopolistic corporations - particularly Big Tech companies -- have grown too powerful, and that we need to revive antitrust to take on the 'curse of bigness.' But both the diagnosis and the cure are rooted in an outdated understanding of how the American economy is organized. Information and communication technologies have fundamentally altered the markets for capital, labor, supplies, and distribution in ways that undermine the basic categories we use to understand the economy. Nationality, industry, firm, size, employee, and other fundamental terms are increasingly detached from the operations of the economy. If we want to understand and tame the new sources of economic power, we need a new diagnosis and a new set of tools.
| Author | : Gerald F. Davis |
| Publisher | : Cambridge University Press |
| Total Pages | : 75 |
| Release | : 2022-05-31 |
| Genre | : Business & Economics |
| ISBN | : 9781009095426 |
There is broad consensus across the political spectrum in the US that monopolistic corporations - particularly Big Tech companies -- have grown too powerful, and that we need to revive antitrust to take on the 'curse of bigness.' But both the diagnosis and the cure are rooted in an outdated understanding of how the American economy is organized. Information and communication technologies have fundamentally altered the markets for capital, labor, supplies, and distribution in ways that undermine the basic categories we use to understand the economy. Nationality, industry, firm, size, employee, and other fundamental terms are increasingly detached from the operations of the economy. If we want to understand and tame the new sources of economic power, we need a new diagnosis and a new set of tools.
| Author | : Stephen M. Walt |
| Publisher | : W. W. Norton & Company |
| Total Pages | : 378 |
| Release | : 2006-09-17 |
| Genre | : Political Science |
| ISBN | : 0393292711 |
Finalist for the 2006 Gelber Prize: "A brilliant contribution to the American foreign policy debate."—Anatol Lieven, New York Times Book Review At a time when America's dominance abroad was being tested like never before, Taming American Power provided for the first time a "rigorous critique of current U.S. strategy" (Washington Post Book World) from the vantage point of its fiercest opponents. Stephen M. Walt examines America's place as the world's singular superpower and the strategies that rival states have devised to counter it. Hailed as a "landmark book" by Foreign Affairs, Taming American Power makes the case that this ever-increasing tide of opposition not only could threaten America's ability to achieve its foreign policy goals today but also may undermine its dominant position in years to come.
| Author | : Ralph Nader |
| Publisher | : W W Norton & Company Incorporated |
| Total Pages | : 320 |
| Release | : 1977-12 |
| Genre | : Business & Economics |
| ISBN | : 9780393008722 |
A book no one interested in business and public policy can afford to ignore. Business Week"
| Author | : Lenore Palladino |
| Publisher | : University of Chicago Press |
| Total Pages | : 280 |
| Release | : 2024-11-28 |
| Genre | : Political Science |
| ISBN | : 0226836495 |
On the faulty intellectual origins of shareholder primacy—and how policy can win back what’s been lost. In an era of shareholder primacy, share price is king. Businesses operate with short-term goals to deliver profits to shareholders, enjoying stability (and bonuses) in the process. While the public bemoans the doctrine for its insularity and wealth-consolidating effects, its influence over corporate governance persists. Good Company offers an exacting argument for why shareholder primacy was never the right model to follow for truly understanding how corporations operate. Lenore Palladino shows that corporations draw power from public charters—agreements that allow corporations to enjoy all manner of operational benefits. In return, companies are meant to innovate for the betterment of the societies that support them. However, that debt—increasingly wielded for stock buybacks and shareholder bonuses—is not being repaid. Palladino theorizes a modern corporation that plays its intended role while delivering social and economic good in the process and offers tangible policy solutions to make this a reality. Good Company is both an expert introduction to the political economy of the firm—as it was, as it is, as it can be—and a calibrating examination of how public policy can shape companies, and societies, for the better.
| Author | : Erik Olin Wright |
| Publisher | : Verso Books |
| Total Pages | : 177 |
| Release | : 2021-04-13 |
| Genre | : Political Science |
| ISBN | : 1788739558 |
What is wrong with capitalism, and how can we change it? Capitalism has transformed the world and increased our productivity, but at the cost of enormous human suffering. Our shared values—equality and fairness, democracy and freedom, community and solidarity—can provide both the basis for a critique of capitalism and help to guide us toward a socialist and democratic society. Erik Olin Wright has distilled decades of work into this concise and tightly argued manifesto: analyzing the varieties of anticapitalism, assessing different strategic approaches, and laying the foundations for a society dedicated to human flourishing. How to Be an Anticapitalist in the Twenty-First Century is an urgent and powerful argument for socialism, and an unparalleled guide to help us get there. Another world is possible. Included is an afterword by the author’s close friend and collaborator Michael Burawoy.
| Author | : Eric Cornuel |
| Publisher | : Cambridge University Press |
| Total Pages | : 397 |
| Release | : 2022-05-19 |
| Genre | : Business & Economics |
| ISBN | : 1009092375 |
The European Foundation for Management Development (EFMD) is the largest international accreditation body for business schools, with more than 950 members across 92 countries, including the world's highest-ranked schools. A not-for-profit, mission-led institution, the EFMD plays a central role in shaping a global approach to management education, emphasizing the development of socially responsible leaders. As part of EFMD's fiftieth anniversary celebrations, its President, Professor Eric Cornuel, has edited this volume, featuring contributions from leaders in management education, including the presidents and deans of the top business schools from across the world. Each contribution will address the challenges and dilemmas facing business schools today, with respect to four key themes: the 'higher purpose' of business schools; the social impact of business schools; the internationalization of business schools; and crisis management within business schools, with a special focus on the impact of COVID-19. This volume is also available via Open Access.
| Author | : Conor Gearty |
| Publisher | : John Wiley & Sons |
| Total Pages | : 108 |
| Release | : 2013-04-03 |
| Genre | : Political Science |
| ISBN | : 0745669980 |
All aspire to liberty and security in their lives but few people truly enjoy them. This book explains why this is so. In what Conor Gearty calls our 'neo-democratic' world, the proclamation of universal liberty and security is mocked by facts on the ground: the vast inequalities in supposedly free societies, the authoritarian regimes with regular elections, and the terrible socio-economic deprivation camouflaged by cynically proclaimed commitments to human rights. Gearty's book offers an explanation of how this has come about, providing also a criticism of the present age which tolerates it. He then goes on to set out a manifesto for a better future, a place where liberty and security can be rich platforms for everyone's life. The book identifies neo-democracies as those places which play at democracy so as to disguise the injustice at their core. But it is not just the new 'democracies' that have turned 'neo', the so-called established democracies are also hurtling in the same direction, as is the United Nations. A new vision of universal freedom is urgently required. Drawing on scholarship in law, human rights and political science this book argues for just such a vision, one in which the great achievements of our democratic past are not jettisoned as easily as were the socialist ideals of the original democracy-makers.
| Author | : Gordon Redding |
| Publisher | : Cambridge University Press |
| Total Pages | : 160 |
| Release | : 2023-07-31 |
| Genre | : Business & Economics |
| ISBN | : 100930299X |
Systems of capitalism are conceived as formed under certain broad logics that apply to all, but which then interpret those logics in distinct ways society by society, seen as the society's own processes. Such processes cluster into three categories: an inspiring context; a transformative capacity; and empowered action. The political role is that of balancing the influences across the total. Each inspirational influence adds a key contribution, as with benevolent empowering authority, and critical thinking. Transformative capacity is built by: innovativeness and cooperativeness; and stable decentralized authority flows from communicative action, spontaneous emergent ordering; and competitive productivity. Societal progress may be explained in terms of the integrated workings of these processes to yield an ethically legitimate structure for the prosperity-driven creating and distributing of wealth. Two main stereotypes are examined to compare their workings and their outcomes: the Western free market democratic, and the Chinese party-state driven.
| Author | : Öner Tulum |
| Publisher | : Cambridge University Press |
| Total Pages | : 164 |
| Release | : 2022-12-31 |
| Genre | : Business & Economics |
| ISBN | : 1009278185 |
The tension between innovation and financialisation is central to the business corporation. Innovation entails a 'retain-and-reinvest' allocation regime that can form a foundation for stable and equitable economic growth. Driven by shareholder-value ideology, financialisation entails a shift to 'downsize-and-distribute'. This Element investigates this tension in global pharmaceuticals, focusing on the two leading UK companies AstraZeneca and GlaxoSmithKline. In the 2000s both adopted US-style governance, including stock buybacks and stock-based executive pay. Over the past decade, however, first AstraZeneca and then GlaxoSmithKline transitioned to innovation. Critical was the cessation of buybacks to refocus capabilities on investing in an innovative drugs pipeline. Enabling this shift were UK corporate-governance institutions that mitigated US-style shareholder-value maximisation. Reinventing capitalism for the sake of stable and equitable economic growth means eliminating value destruction caused by financialisation and supporting value creation through collective and cumulative innovation. This title is also available as Open Access on Cambridge Core.
