Download or read book The Profit Paradox written by Jan Eeckhout and published by Princeton University Press. This book was released on 2022-10-25 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: A pioneering account of the surging global tide of market power—and how it stifles workers around the world In an era of technological progress and easy communication, it might seem reasonable to assume that the world’s working people have never had it so good. But wages are stagnant and prices are rising, so that everything from a bottle of beer to a prosthetic hip costs more. Economist Jan Eeckhout shows how this is due to a small number of companies exploiting an unbridled rise in market power—the ability to set prices higher than they could in a properly functioning competitive marketplace. Drawing on his own groundbreaking research and telling the stories of common workers throughout, he demonstrates how market power has suffocated the world of work, and how, without better mechanisms to ensure competition, it could lead to disastrous market corrections and political turmoil. The Profit Paradox describes how, over the past forty years, a handful of companies have reaped most of the rewards of technological advancements—acquiring rivals, securing huge profits, and creating brutally unequal outcomes for workers. Instead of passing on the benefits of better technologies to consumers through lower prices, these “superstar” companies leverage new technologies to charge even higher prices. The consequences are already immense, from unnecessarily high prices for virtually everything, to fewer startups that can compete, to rising inequality and stagnating wages for most workers, to severely limited social mobility. A provocative investigation into how market power hurts average working people, The Profit Paradox also offers concrete solutions for fixing the problem and restoring a healthy economy.

Download or read book The Job Market Paradox written by Gary N Brown and published by Independently Published. This book was released on 2024-06-08 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Book DescriptionThe Job Market Paradox: Unraveling the Complexities of Growth, Unemployment, and Inflation in Modern America In a time of economic uncertainty, understanding the true state of the job market is more critical than ever. "The Job Market Paradox" delves deep into the intriguing and often contradictory world of job growth, rising unemployment, and wage dynamics. Based on comprehensive analysis and expert insights, this book offers a clear and thorough examination of May 2024's surprising labor market data. Discover: Key Insights from Current Data: Learn how the U.S. economy added a significant number of jobs in May 2024, exceeding expectations, and what this means for various sectors. Understanding Unemployment Trends: Uncover the reasons behind the rise in unemployment rates despite robust job growth, and what this paradox reveals about the labor market. Impact of Wage Dynamics: Explore the implications of stronger-than-expected wage gains and their role in the persistent inflation seen in certain sectors. Federal Reserve's Dilemma: Gain a deeper understanding of the challenges faced by policymakers in balancing interest rates, job growth, and inflation control. Sectoral Analysis: Dive into detailed sector-specific trends and discover which industries are driving job growth and which are most affected by economic shifts. Future Economic Strategies: Equip yourself with strategies for navigating economic uncertainty, whether you are a policymaker, business leader, or individual. Benefits for Readers: Informed Decision-Making: Empower yourself with the knowledge needed to make better financial, career, and business decisions in a rapidly changing economic landscape. Strategic Insights: Gain expert perspectives on how to prepare for future economic challenges and opportunities, ensuring you stay ahead of the curve. Comprehensive Understanding: Break down complex economic data into understandable insights that reveal the true state of the job market and its broader implications. Actionable Advice: Receive practical advice and strategies tailored to various stakeholders, from policymakers to individual workers, helping you navigate the paradoxes of the modern job market. "The Job Market Paradox" is an essential read for anyone looking to grasp the intricacies of today's economic trends and prepare for tomorrow's uncertainties. Whether you're an economist, business professional, student, or simply a curious reader, this book provides the tools and insights you need to understand and thrive in the current economic climate.

Download or read book Demanding Work written by Francis Green and published by Princeton University Press. This book was released on 2013-10-24 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the early 1980s, a vast number of jobs have been created in the affluent economies of the industrialized world. Many workers are doing more skilled and fulfilling jobs, and getting paid more for their trouble. Yet it is often alleged that the quality of work life has deteriorated, with a substantial and rising proportion of jobs providing low wages and little security, or requiring unusually hard and stressful effort. In this unique and authoritative formal account of changing job quality, economist Francis Green highlights contrasting trends, using quantitative indicators drawn from public opinion surveys and administrative data. In most affluent countries average pay levels have risen along with economic growth, a major exception being the United States. Skill requirements have increased, potentially meaning a more fulfilling time at work. Set against these beneficial trends, however, are increases in inequality, a strong intensification of work effort, diminished job satisfaction, and less employee influence over daily work tasks. Using an interdisciplinary approach, Demanding Work shows how aspects of job quality are related, and how changes in the quality of work life stem from technological change and transformations in the politico-economic environment. The book concludes by discussing what individuals, firms, unions, and governments can do to counter declining job quality.

Download or read book The Profit Paradox written by Jan Eeckhout and published by Princeton University Press. This book was released on 2022-10-25 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: A pioneering account of the surging global tide of market power—and how it stifles workers around the world In an era of technological progress and easy communication, it might seem reasonable to assume that the world’s working people have never had it so good. But wages are stagnant and prices are rising, so that everything from a bottle of beer to a prosthetic hip costs more. Economist Jan Eeckhout shows how this is due to a small number of companies exploiting an unbridled rise in market power—the ability to set prices higher than they could in a properly functioning competitive marketplace. Drawing on his own groundbreaking research and telling the stories of common workers throughout, he demonstrates how market power has suffocated the world of work, and how, without better mechanisms to ensure competition, it could lead to disastrous market corrections and political turmoil. The Profit Paradox describes how, over the past forty years, a handful of companies have reaped most of the rewards of technological advancements—acquiring rivals, securing huge profits, and creating brutally unequal outcomes for workers. Instead of passing on the benefits of better technologies to consumers through lower prices, these “superstar” companies leverage new technologies to charge even higher prices. The consequences are already immense, from unnecessarily high prices for virtually everything, to fewer startups that can compete, to rising inequality and stagnating wages for most workers, to severely limited social mobility. A provocative investigation into how market power hurts average working people, The Profit Paradox also offers concrete solutions for fixing the problem and restoring a healthy economy.

Download or read book The Labour Market Myth written by Paul de Beer and published by Edward Elgar Publishing. This book was released on 2024-08-06 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this incisive book, Paul de Beer interrogates the concept of the labour market and its theoretical shortcomings in treating labour as a commodity. He argues that to offer people a real chance of a satisfactory work life, the idea of the labour market must be replaced with a focus on long-term employment relationships.

Download or read book The Paradox of Unemployment and Job Vacancies written by Michael L. Skolnik and published by . This book was released on 1974 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Paradox of Change written by William H. Chafe and published by Oxford University Press, USA. This book was released on 1991 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Here is a sweeping study of American women in the 20th century by a leading scholar of women's history. The Paradox of Change ranges from the Progressive Ers and the New Deal to the rise of feminism and the New Right in the 1970s and 1980s. Thoroughly researched and incisively argued, it is essential for anyone who wants to learn more about how women have shaped, and been shaped by, modern America.

Download or read book Current Labor Market Developments written by United States. Congress. Joint Economic Committee and published by . This book was released on 1972 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Platform Paradox written by Mauro F. Guillén and published by University of Pennsylvania Press. This book was released on 2021-05-11 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: In The Platform Paradox, Wharton professor Mauro F. Guillén argues that many platforms misunderstand key aspects of what it takes to succeed globally, from culture and institutions to local competitive dynamics. He offers an integrated framework for digital platforms to identify and implement a strategy on a truly global scale.

Download or read book The New Geography of Jobs written by Enrico Moretti and published by Houghton Mifflin Harcourt. This book was released on 2012 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: Makes correlations between success and geography, explaining how such rising centers of innovation as San Francisco and Austin are likely to offer influential opportunities and shape the national and global economies in positive or detrimental ways.

Download or read book The Part time Paradox written by Cynthia Fuchs Epstein and published by Routledge. This book was released on 2014-04-04 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today's professionals, especially women, are caught in a time paradox: can they build a career and a family at the same time? The Part-time Paradox explores the conflict and tension between the time demands of career and family life, and the choice of part-time work as a solution. The changing demographics of the family and the work place make it increasingly difficult for both men and women to meet the escalating time pressures facing a doctor, lawyer or manager. This book examines the social problems associated with demanding work schedules and choices, and also illustrates successful alternatives to full-time employment. It draws on interviews with attorneys in large law firms, in-house corporate counsels, and government service in order to explore the multiple dimensions of the part-time work solution. Although attitudes are beginning to change, one of the greatest impediments to part-time work is the stigma attached to it in many organizations, and the consequences for the careers of individuals who take it. Professionals define themselves, in part, by their commitment to overtime. The authors reveal how cultural perspectives of the true professional, part-time work, and stereotypes about gender roles can influence both an individual's decision making process and office policy. They show that in an environment where professionals perceive part-time work as deviant, it may require not just perserverance, but also a trade-off between time flexibility and professional status. The authors consider issues ranging from job security and the consequences of new technology, to the economics of part-time work and the division of labor in the family. The Part-time Paradox provides a timely overview of a growing crisis, as part-time and flex-time work arrangements increase.

Download or read book Just Around the Corner written by Stanley Aronowitz and published by . This book was released on 2005 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation Preface Introduction 1. How We Got Here: A Snapshot Economic History of America 2. The Reagan Revolution, The Clinton "Boom" and the Downsizing of America 3. It's the Technology, Stupid 4. The Price of Neo-Liberal Globalization 5. A Real Jobs and Income Program.

Download or read book Labor Market Developments written by and published by . This book was released on 1958 with total page 966 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Declining Significance of Gender written by Francine D. Blau and published by Russell Sage Foundation. This book was released on 2006-05-11 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: The last half-century has witnessed substantial change in the opportunities and rewards available to men and women in the workplace. While the gender pay gap narrowed and female labor force participation rose dramatically in recent decades, some dimensions of gender inequality—most notably the division of labor in the family—have been more resistant to change, or have changed more slowly in recent years than in the past. These trends suggest that one of two possible futures could lie ahead: an optimistic scenario in which gender inequalities continue to erode, or a pessimistic scenario where contemporary institutional arrangements persevere and the gender revolution stalls. In The Declining Significance of Gender?, editors Francine Blau, Mary Brinton, and David Grusky bring together top gender scholars in sociology and economics to make sense of the recent changes in gender inequality, and to judge whether the optimistic or pessimistic view better depicts the prospects and bottlenecks that lie ahead. It examines the economic, organizational, political, and cultural forces that have changed the status of women and men in the labor market. The contributors examine the economic assumption that discrimination in hiring is economically inefficient and will be weeded out eventually by market competition. They explore the effect that family-family organizational policies have had in drawing women into the workplace and giving them even footing in the organizational hierarchy. Several chapters ask whether political interventions might reduce or increase gender inequality, and others discuss whether a social ethos favoring egalitarianism is working to overcome generations of discriminatory treatment against women. Although there is much rhetoric about the future of gender inequality, The Declining Significance of Gender? provides a sustained attempt to consider analytically the forces that are shaping the gender revolution. Its wide-ranging analysis of contemporary gender disparities will stimulate readers to think more deeply and in new ways about the extent to which gender remains a major fault line of inequality.

Download or read book Pressed for Time written by Judy Wajcman and published by University of Chicago Press. This book was released on 2015 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: The technologically tethered, iPhone-addicted figure is an image we can easily conjure. Most of us complain that there aren't enough hours in the day and too many e-mails in our thumb-accessible inboxes. This widespread perception that life is faster than it used to be is now ingrained in our culture, and smartphones and the Internet are continually being blamed. But isn't the sole purpose of the smartphone to give us such quick access to people and information that we'll be free to do other things? Isn't technology supposed to make our lives easier? In Pressed for Time, Judy Wajcman explains why we immediately interpret our experiences with digital technology as inexorably accelerating everyday life. She argues that we are not mere hostages to communication devices, and the sense of always being rushed is the result of the priorities and parameters we ourselves set rather than the machines that help us set them. Indeed, being busy and having action-packed lives has become valorized by our productivity driven culture. Wajcman offers a bracing historical perspective, exploring the commodification of clock time, and how the speed of the industrial age became identified with progress. She also delves into the ways time-use differs for diverse groups in modern societies, showing how changes in work patterns, family arrangements, and parenting all affect time stress. Bringing together empirical research on time use and theoretical debates about dramatic digital developments, this accessible and engaging book will leave readers better versed in how to use technology to navigate life's fast lane.

Download or read book The Profit Paradox written by Jan Eeckhout and published by Princeton University Press. This book was released on 2021-06 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A book on why most things are more expensive or lower quality, and why we're all still working long hours for the same or lower wages. Does it ever seem like most things you buy are more expensive or not as good as they once were, or both? Does it ever seem odd that, despite having access to much better communication and cheaper transportation, we're all working just as many hours and for the same wages as workers decades ago? Well, we now know you're not wrong to wonder about these things. In recent years, economists have been documenting how most of the gains from technology and globalization have been going to an increasingly concentrated number of huge businesses, at the expense of consumers and workers. Prices are higher and wages are lower. The reason is market power. One of the first to authoritatively document the rise of market power was Jan Eeckhout. In this book, he will explain for a general audience how large firms have faced increasingly little competition, allowing them to charge higher prices than they otherwise could. And how we, as consumers, pay more for many goods and services-"everything from a bottle of beer to a flight to Houston to our grandmother's prosthetic hip." As a result, business profits have soared since 1980, and just a few "mega firms" dominate the marketplace. Eeckhout shows how the rise in market power has had radically negative effects on work and the lives of workers-trends that, if not reversed, may cause historical corrections in the form of wars and market collapse. Drawing on a wealth of research and the stories of working people, The Profit Paradox will explain in clear language the rise of market power, how it could change the world further if left unaddressed, and how we can tackle the problem"--

Download or read book The Stupidity Paradox written by Mats Alvesson and published by Profile Books. This book was released on 2016-06-02 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Functional stupidity can be catastrophic. It can cause organisational collapse, financial meltdown and technical disaster. And there are countless, more everyday examples of organisations accepting the dubious, the absurd and the downright idiotic, from unsustainable management fads to the cult of leadership or an over-reliance on brand and image. And yet a dose of stupidity can be useful and produce good, short-term results: it can nurture harmony, encourage people to get on with the job and drive success. This is the stupidity paradox. The Stupidity Paradox tackles head-on the pros and cons of functional stupidity. You'll discover what makes a workplace mindless, why being stupid might be a good thing in the short term but a disaster in the longer term, and how to make your workplace a little less stupid by challenging thoughtless conformity. It shows how harmony and action in the workplace can be balanced with a culture of questioning and challenge. The book is a wake-up call for smart organisations and smarter people. It encourages us to use our intelligence fully for the sake of personal satisfaction, organisational success and the flourishing of society as a whole.