Download or read book The Soul of Modern Economic Man written by Milton L. Myers and published by . This book was released on 1985-01-01 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Man Who Broke Capitalism written by David Gelles and published by Simon and Schuster. This book was released on 2022-05-31 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: New York Times Bestseller New York Times reporter and “Corner Office” columnist David Gelles reveals legendary GE CEO Jack Welch to be the root of all that’s wrong with capitalism today and offers advice on how we might right those wrongs. In 1981, Jack Welch took over General Electric and quickly rose to fame as the first celebrity CEO. He golfed with presidents, mingled with movie stars, and was idolized for growing GE into the most valuable company in the world. But Welch’s achievements didn’t stem from some greater intelligence or business prowess. Rather, they were the result of a sustained effort to push GE’s stock price ever higher, often at the expense of workers, consumers, and innovation. In this captivating, revelatory book, David Gelles argues that Welch single-handedly ushered in a new, cutthroat era of American capitalism that continues to this day. Gelles chronicles Welch’s campaign to vaporize hundreds of thousands of jobs in a bid to boost profits, eviscerating the country’s manufacturing base and destabilizing the middle class. Welch’s obsession with downsizing—he eliminated 10% of employees every year—fundamentally altered GE and inspired generations of imitators who have employed his strategies at other companies around the globe. In his day, Welch was corporate America’s leading proponent of mergers and acquisitions, using deals to gobble up competitors and giving rise to an economy that is more concentrated and less dynamic. And Welch pioneered the dark arts of “financialization,” transforming GE from an admired industrial manufacturer into what was effectively an unregulated bank. The finance business was hugely profitable in the short term and helped Welch keep GE’s stock price ticking up. But ultimately, financialization undermined GE and dozens of other Fortune 500 companies. Gelles shows how Welch’s celebrated emphasis on increasing shareholder value by any means necessary (layoffs, outsourcing, offshoring, acquisitions, and buybacks, to name but a few tactics) became the norm in American business generally. He demonstrates how that approach has led to the greatest socioeconomic inequality since the Great Depression and harmed many of the very companies that have embraced it. And he shows how a generation of Welch acolytes radically transformed companies like Boeing, Home Depot, Kraft Heinz, and more. Finally, Gelles chronicles the change that is now afoot in corporate America, highlighting companies and leaders who have abandoned Welchism and are proving that it is still possible to excel in the business world without destroying livelihoods, gutting communities, and spurning regulation.
Download or read book Confessions of an Economic Hit Man written by John Perkins and published by Berrett-Koehler Publishers. This book was released on 2004-11-09 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: Perkins, a former chief economist at a Boston strategic-consulting firm, confesses he was an "economic hit man" for 10 years, helping U.S. intelligence agencies and multinationals cajole and blackmail foreign leaders into serving U.S. foreign policy and awarding lucrative contracts to American business.
Download or read book On Economic Man written by David Miles Bensusan-Butt and published by . This book was released on 1978 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economics of Good and Evil written by Tomas Sedlacek and published by Oxford University Press. This book was released on 2011-07-01 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tomas Sedlacek has shaken the study of economics as few ever have. Named one of the "Young Guns" and one of the "five hot minds in economics" by the Yale Economic Review, he serves on the National Economic Council in Prague, where his provocative writing has achieved bestseller status. How has he done it? By arguing a simple, almost heretical proposition: economics is ultimately about good and evil. In The Economics of Good and Evil, Sedlacek radically rethinks his field, challenging our assumptions about the world. Economics is touted as a science, a value-free mathematical inquiry, he writes, but it's actually a cultural phenomenon, a product of our civilization. It began within philosophy--Adam Smith himself not only wrote The Wealth of Nations, but also The Theory of Moral Sentiments--and economics, as Sedlacek shows, is woven out of history, myth, religion, and ethics. "Even the most sophisticated mathematical model," Sedlacek writes, "is, de facto, a story, a parable, our effort to (rationally) grasp the world around us." Economics not only describes the world, but establishes normative standards, identifying ideal conditions. Science, he claims, is a system of beliefs to which we are committed. To grasp the beliefs underlying economics, he breaks out of the field's confines with a tour de force exploration of economic thinking, broadly defined, over the millennia. He ranges from the epic of Gilgamesh and the Old Testament to the emergence of Christianity, from Descartes and Adam Smith to the consumerism in Fight Club. Throughout, he asks searching meta-economic questions: What is the meaning and the point of economics? Can we do ethically all that we can do technically? Does it pay to be good? Placing the wisdom of philosophers and poets over strict mathematical models of human behavior, Sedlacek's groundbreaking work promises to change the way we calculate economic value.
Download or read book The New Confessions of an Economic Hit Man written by John Perkins and published by Berrett-Koehler Publishers. This book was released on 2016-02-09 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Featuring 15 explosive new chapters, this new edition of the New York Times bestseller brings the story of Economic Hit Men up-to-date and, chillingly, home to the U.S.―but it also gives us hope and the tools to fight back. The previous edition of this now-classic book revealed the existence and subversive manipulations of "economic hit men. John Perkins wrote that they are highly paid professionals who cheat countries around the globe out of trillions of dollars. Their tools include fraudulent financial reports, rigged elections, payoffs, extortion, sex, and murder. In Perkins's case the tool was debt-convincing strategically important countries to borrow huge amounts of money for enormous, development projects that served the very rich while driving the country deeper into poverty and debt. And once indebted, these countries could be controlled. In this latest edition, Perkins provides revealing new details about how he and others did their work. But more importantly, in an explosive new section he describes how the EHM tools are being used around the world more widely than ever-even in the U. S. itself. The cancer has metastasized, yet most people still aren't aware of it. Fear and debt drive the EHM system. We are hammered with messages that terrify us into believing that we must pay any price, assume any debt, to stop the enemies who, we are told, lurk at our doorsteps. The EHM system-employing false economics, bribes, surveillance, deception, debt, coups, assassinations, unbridled military power-has become the dominant system of economics, government, and society today. It has created what Perkins calls a Death Economy. But Perkins offers hope: he concludes with dozens of specific, concrete suggestions for actions all of us can take to wrest control of our world away from the economic hit men, and help give birth to a Life Economy.
Download or read book Economics for Humans written by Julie A. Nelson and published by University of Chicago Press. This book was released on 2018-12-11 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: At its core, an economy is about providing goods and services for human well-being. But many economists and critics preach that an economy is something far different: a cold and heartless system that operates outside of human control. In this impassioned and perceptive work, Julie A. Nelson asks a compelling question: given that our economic world is something that we as humans create, aren’t ethics and human relationships—dimensions of a full and rich life—intrinsically part of the picture? Economics for Humans argues against the well-ingrained notion that economics is immune to moral values and distant from human relationships. Here, Nelson locates the impediment to a more considerate economic world in an assumption that is shared by both neoliberals and the political left. Despite their seemingly insurmountable differences, both make use of the metaphor, first proposed by Adam Smith, that the economy is a machine. This pervasive idea, Nelson argues, has blinded us to the qualities that make us work and care for one another—qualities that also make businesses thrive and markets grow. We can wed our interest in money with our justifiable concerns about ethics and social well-being. And we can do so if we recognize that an economy is not a machine, but a living thing in need of attention and careful tending. This second edition has been updated and refined throughout, with expanded discussions of many topics and a new chapter that investigates the apparent conflict between economic well-being and ecological sustainability. Further developing the main points of the first edition, Economics for Humans will continue to both invigorate and inspire readers to reshape the way they view the economy, its possibilities, and their place within it.
Download or read book The Bourgeois Virtues written by Deirdre Nansen and published by University of Chicago Press. This book was released on 2010-03-15 with total page 637 pages. Available in PDF, EPUB and Kindle. Book excerpt: For a century and a half, the artists and intellectuals of Europe have scorned the bourgeoisie. And for a millennium and a half, the philosophers and theologians of Europe have scorned the marketplace. The bourgeois life, capitalism, Mencken’s “booboisie” and David Brooks’s “bobos”—all have been, and still are, framed as being responsible for everything from financial to moral poverty, world wars, and spiritual desuetude. Countering these centuries of assumptions and unexamined thinking is Deirdre McCloskey’s The Bourgeois Virtues, a magnum opus that offers a radical view: capitalism is good for us. McCloskey’s sweeping, charming, and even humorous survey of ethical thought and economic realities—from Plato to Barbara Ehrenreich—overturns every assumption we have about being bourgeois. Can you be virtuous and bourgeois? Do markets improve ethics? Has capitalism made us better as well as richer? Yes, yes, and yes, argues McCloskey, who takes on centuries of capitalism’s critics with her erudition and sheer scope of knowledge. Applying a new tradition of “virtue ethics” to our lives in modern economies, she affirms American capitalism without ignoring its faults and celebrates the bourgeois lives we actually live, without supposing that they must be lives without ethical foundations. High Noon, Kant, Bill Murray, the modern novel, van Gogh, and of course economics and the economy all come into play in a book that can only be described as a monumental project and a life’s work. The Bourgeois Virtues is nothing less than a dazzling reinterpretation of Western intellectual history, a dead-serious reply to the critics of capitalism—and a surprising page-turner.
Download or read book Who s Afraid of Adam Smith written by Peter J. Dougherty and published by John Wiley & Sons. This book was released on 2003-04-29 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Peter Dougherty does the near-impossible in this brilliant book .. . [he] makes economics engaging and accessible." --Professor Larry J. Sabato, University of Virginia In this spirited and timely book, Peter Dougherty shows howeconomists are drawing on Adam Smith's civic writings to illuminatehow the market creates not only fiscal capital, but "socialcapital." Dougherty demonstrates how Smith's ideas are currentlyexperiencing a renaissance. He then explores several impressiveinitiatives to demonstrate what today's theoretical and practicingeconomists are accomplishing in the spirit of Adam Smith's moralsentiments: the institutional reform of transitional and developingeconomies; the financing of new technological, medical, andeducational initiatives; and the economic revival of cities.Capitalism pervades every aspect of our daily life. Peter Doughertynow offers a fascinating peek at its hidden soul.
Download or read book Economics Unmasked written by Manfred Max-Neef and published by Bloomsbury Publishing. This book was released on 2011-08-30 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: An inspiring outline of a new economics system, where justice, human dignity, compassion and reverence for life are the guiding values. The economic system under which we live not only forces the great majority of humankind to live their lives in indignity and poverty but also threatens all forms of life on Earth. Economics Unmasked presents a cogent critique of the dominant economic system, showing that the theoretical constructions of mainstream economics work mainly to bring about injustice. The merciless onslaught on the global ecosystem of recent decades, brought about by the massive increase in the production of goods and the consequent depletion of nature's reserves, is not a chance property of the economic system. It is a direct result of neoliberal economic thinking, which recognizes value only in material things. The growth obsession is not a mistaken conception that mainstream economists can unlearn, it is inherent in their view of life. But a socio-economic system based on the growth obsession can never be sustainable. This book outlines the foundations of a new economics, where we are not ruled by greed and injustice. Contrary to the absurd assumption of mainstream economists that economics is a value-free science, a new economics must make its values explicit.
Download or read book Thoughtful Economic Man written by J. Gay Tulip Meeks and published by Cambridge University Press. This book was released on 2010-06-24 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of essays by celebrated authors centers on ideas of rationality and morality in economics. The themes the essays cover are fundamental to economics: the influence of benevolence, altruism, justice and religious principles in our treatment of others in society; and the bases of rationality in decision making under conditions of uncertainty. These common themes are given a wide range of perspectives by the contributors, who discuss whether not just a "rational" but also a "thoughtful" economic man can be fitted into a sophisticated version of the orthodox model of man as a self-interested maximizer, or whether a radical upheaval in economic analysis is needed to accomodate him. The book is an examination by leading authorities of not only the role of rationality and morals in economics, but also the implications of conventional conceptions of rational economic man for all economic study. It constitutes a powerful argument for greater richness and subtlety in ideas about the motivations of individuals in their economic behavior.
Download or read book God the Economist written by M. Douglas Meeks and published by Fortress Press. This book was released on with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: God does not appear in the modern market. For most economists this is as it should be. It is in no way necessary, according to modern economic theory, to consider God when thinking about economy. Indeed, the absence of God in economic matters is viewed as necessary to the great advances in modern economy. The difficulty with modern market economies, however, is that human livelihood is also left out of the theory and practice of the market economy. ?"I propose to bring the church's teaching about God, the doctrine of the Trinity, to bear on the masked connections between God and economy. I will treat the Trinity as the way of understanding what the Bible calls the 'economy of God.'?
Download or read book The Soul of Capitalism written by William Greider and published by Simon and Schuster. This book was released on 2003 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lists recent events that identify serious flaws in American capitalism, noting the price of affluence on families and the environment, calling for a realignment of power, and sharing examples of beneficial corporate practices.
Download or read book Relational Anthropology for Contemporary Economics written by Jermo van Nes and published by Springer Nature. This book was released on 2022 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book offers a multidisciplinary dialogue on relational anthropology in contemporary economics. A particular view of the human being is often assumed in economic models, but seldom acknowledged let alone explicated. Addressing this neglected area of research in economic studies, altogether the contributors touch upon the importance and potential of virtues, the notions of freedom and self-love, the potential of simulation models, the dialectics of love, and questions of methodology in constructing a relational anthropology for contemporary economics. The overall result is a highly informative and constructive dialogue, establishing inter alia a research agenda for future collaborative and multidisciplinary study.
Download or read book Islam and the Moral Economy written by Charles Tripp and published by Cambridge University Press. This book was released on 2006-07-20 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: How do modern Muslims adapt their traditions to engage with today's world? Charles Tripp's erudite and incisive book considers one of the most significant challenges faced by Muslims over the last sixty years: the challenge of capitalism. By reference to the works of noted Muslim scholars, the author shows how, faced by this challenge, these intellectuals devised a range of strategies which have enabled Muslims to remain true to their faith, whilst engaging effectively with a world not of their own making. The work is framed around the development of their ideas on Islamic socialism, economics and the rationale for Islamic banking. While some Muslims have resorted to confrontation or insularity to cope with the challenges of modernity, most have aspired to innovation and ingenuity in the search for compromise and interaction with global capitalism in the twenty-first century.
Download or read book The Canon in the History of Economics written by Michalis Psalidopoulos and published by Routledge. This book was released on 2000-03-09 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: The construction and the role of the economic canon, the accepted list of great works and great authors, has been the subject of much recent literary and historical debate. By contrast, the concept of the canon has been largely dormant in the study of the history of economics, with the canonical sequence of Smith, Ricardo, Marx, etc. constituting t
Download or read book Classical Economics written by Samuel Hollander and published by University of Toronto Press. This book was released on 1992-12-15 with total page 800 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this unconvential and sharply written text Hollander introduces the work of Smith, Ricardo, and Mill, and, on specific topics, Malthus and Marx. He leads the student through the nuances of the arguments, making clear how he agrees with or challenges recieved ideas about their writings. Attention is given to the precursors of the classics, to their immediate successors, and to the Sraffian system.
