Aberrant Capitalism

Aberrant Capitalism PDF Author: Hunter Hastings
Publisher:
ISBN: 100934885X
Category : Business & Economics
Languages : en
Pages : 96

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Book Description
The corporation was a timely emergent phenomenon of the capitalist system. Under entrepreneurial ownership with customer value creation goals, corporations introduced new products and services, new capital structures and new management processes capable of improving customer experiences in every facet of their lives. After entrepreneurship, the organizational model transitioned to managerial capitalism, and from there into command-and-control and central planning. Then came further transition into the era of financialization, where shareholder value replaced customer value as the purpose of the corporation. Managers diverted resources to their own enrichment as well as that of shareholders, at the expense of investment in future innovation. Capitalism's reputation has become tarnished and its purpose distorted. This Element ends with the promise of another emergent era, via the corporations of the digital age.

Aberrant Capitalism

Aberrant Capitalism PDF Author: Hunter Hastings
Publisher:
ISBN: 100934885X
Category : Business & Economics
Languages : en
Pages : 96

Get Book

Book Description
The corporation was a timely emergent phenomenon of the capitalist system. Under entrepreneurial ownership with customer value creation goals, corporations introduced new products and services, new capital structures and new management processes capable of improving customer experiences in every facet of their lives. After entrepreneurship, the organizational model transitioned to managerial capitalism, and from there into command-and-control and central planning. Then came further transition into the era of financialization, where shareholder value replaced customer value as the purpose of the corporation. Managers diverted resources to their own enrichment as well as that of shareholders, at the expense of investment in future innovation. Capitalism's reputation has become tarnished and its purpose distorted. This Element ends with the promise of another emergent era, via the corporations of the digital age.

The Great Deformation

The Great Deformation PDF Author: David Stockman
Publisher: Public Affairs
ISBN: 1586489127
Category : Political Science
Languages : en
Pages : 770

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Book Description
A former Michigan congressman and member of the Reagan administration describes how interference in the financial markets has contributed to the national debt and has damaging and lasting repercussions.

Capitalism: Unjust, Unstable, and Unsustainable

Capitalism: Unjust, Unstable, and Unsustainable PDF Author: Benjamin Battersby
Publisher: iUniverse
ISBN: 9781440187957
Category : Art
Languages : en
Pages : 171

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Book Description
HEREIN PROPOUNDED IS THE ANATOMY OF CAPITALIST ECONOMIC COLLAPSES - PAST, PRESENT, AND FUTURE, AND THE SOCIAL AND CULTURAL DEVASTATION FOLLOWING SAME.

Capitalism in Business, Politics and Society

Capitalism in Business, Politics and Society PDF Author: Eugene N. Shelton
Publisher: Nova Science Publishers
ISBN: 9781611225471
Category : Capital
Languages : en
Pages : 0

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Book Description
The iconic economist-philosopher Adam Smith lauded capitalism as a system for distributing opportunity and prosperity widely, and for freeing populations from the oppression they suffered under the European aristocracy of his time. This book presents current research in the study of capitalism and its relation to business, politics and society. Topics discussed herein include experimental capitalism in the former USSR; industrial design in capitalism through development experiences of newly industrialising countries; dysmorphic capitalism and the aberrant development of creative intelligence; capital accumulation and equilibrium interest rates in stochastic production economies with the concern of social status; and surplus allocation and development under global capitalism.

Global Easts

Global Easts PDF Author: Jie-Hyun Lim
Publisher: Columbia University Press
ISBN: 0231556640
Category : History
Languages : en
Pages : 194

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Book Description
South Korean historian Jie-Hyun Lim, raised under an anticommunist dictatorship, turned to Marxian thought to explain his country’s development, even as he came to struggle with its Eurocentrism. As a transnational scholar working in postcommunist Poland, Lim recognized striking similarities between Korean and Polish history and politics. One realization stood out: Both Korea and Poland—at once the “West” for Asia yet “Eastern” Europe—had been assigned the role of “East.” This book explores entangled Easts to reconsider global history from the margins. Examining the politics of history and memory, Lim reveals the affinities linking Eastern Europe and East Asia. He draws out commonalities in their experiences of modernity, in their transitions from dictatorship to democracy, and in the shaping of collective memory. Ranging across Poland, Germany, Israel, Japan, and Korea, Lim traces the global history of how notions of victimhood have become central to nationalism. He criticizes mass dictatorships of right and left in the Global Easts, considering Nazi jurist Carl Schmitt’s notion of sovereign dictatorship and the concept of decisionist democracy. Lim argues that nationalism is inherently transnational, critiquing how the nationalist imagination of the Global East has influenced countries across borders. Theoretically sophisticated and conceptually innovative, this book sheds new light on the transnational complexity of historical memory and imagination, the boundaries between democracy and mass dictatorship, and the fluidity of East and West.

The Failure and Feasibility of Capitalism in Africa

The Failure and Feasibility of Capitalism in Africa PDF Author: Kenneth Omeje
Publisher: Springer Nature
ISBN: 3030751708
Category : Social Science
Languages : en
Pages : 311

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Book Description
This book argues that capitalism has practically failed to deliver the long-desired economic transformation and inclusive development in postcolonial Africa. The principal factor that accounts for this failure is the prolific non-productive forms of capitalism that tend to be dominant in the African continent and their governance dimensions. The research explores how and why capitalism has failed in the African context and the feasibility of turning it around. The book meets the demands of diverse audiences in the fields of International Political Economy, Development Economics, Political Science, and African Studies. The author adopts an unconventional narrativist approach that makes the book amenable to general readership.

Overripe Economy

Overripe Economy PDF Author: Alan Nasser
Publisher: Pluto Press (UK)
ISBN: 9780745337937
Category : Capitalism
Languages : en
Pages : 0

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Book Description
Overripe Economy is a genealogy of a finance-ridden, authoritarian, austerity-plagued American capitalism, from industrialization to the present. This panoramic political-economic history of the country surveys the ruthlessly competitive capitalism of the nineteenth century, the maturation of industrial capitalism in the 1920s, the rise and fall of capitalism's Golden Age and the ensuing decline towards the modern era. Alan Nasser shows why the persistent austerity of financialized neoliberal capitalism is the natural outcome of mature capitalism's evolution, revealing the key structural and political vulnerabilities of capitalism itself and pointing towards the kind of system that can transcend it. At the center of this argument is capitalism's ultimatum: either a "new normal" of persistent austerity, declining democracy and a privatized state, or a new system characterized by an economic democracy that ensures higher wages and a shorter working week for all--back cover.

Historical Archaeologies of Capitalism

Historical Archaeologies of Capitalism PDF Author: Mark P. Leone
Publisher: Springer
ISBN: 3319127608
Category : Social Science
Languages : en
Pages : 488

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Book Description
This new edition of Historical Archaeologies of Capitalism shows where the study of capitalism leads archaeologists, scholars and activists. Essays cover a range of geographic, colonial and racist contexts around the Atlantic basin: Latin America and the Caribbean, North America, the North Atlantic, Europe and Africa. Here historical archaeologists use current capitalist theory to show the results of creating social classes, employing racism and beginning and expanding the global processes of resource exploitation. Scholars in this volume also do not avoid the present condition of people, discussing the lasting effects of capitalism’s methods, resistance to them, their archaeology and their point to us now. Chapters interpret capitalism in the past, the processes that make capitalist expansion possible, and the worldwide sale and reduction of people. Authors discuss how to record and interpret these. This book continues a global historical archaeology, one that is engaged with other disciplines, peoples and suppressed political and economic histories. Authors in this volume describe how new identities are created, reshaped and made to appear natural. Chapters in this second edition also continue to address why historical archaeologists study capitalism and the relevance of this work, expanding on one of the important contributions of historical archaeologies of capitalism: critical archaeology.

Private Equity and the Demise of the Local

Private Equity and the Demise of the Local PDF Author: Maryann Feldman
Publisher: Cambridge University Press
ISBN: 1009321811
Category : Business & Economics
Languages : en
Pages : 162

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Book Description
Capitalism is a powerful engine that requires finance. Private equity is part of the neoliberal transformation of capitalism that has failed the average citizen and unleashed a tsunami of leveraged acquisitions that have destroyed entire sectors of our economy. Private equity has become a powerful force that has moved from restructuring industrial firms to buying up just about any economic activity in local communities that has assets that can be monetized, without any consideration of the impact on the quality of life and well-being of the community. Th a process has been aided and abetted by government policy. The authors of this Element explain the workings of the private equity model and the reasons it has been so profitable. They document the effects of PE on firms and communities by examining a range of activities that once had a local focus. They conclude by offering policy recommendations.

Sustainability and the Political Economy of Welfare

Sustainability and the Political Economy of Welfare PDF Author: Max Koch
Publisher: Routledge
ISBN: 1317407423
Category : Business & Economics
Languages : en
Pages : 232

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Book Description
Welfare is commonly conceptualized in socio-economic terms of equity, highlighting distributive issues within growing economies. While GDP, income growth and rising material standards of living are normally not questioned as priorities in welfare theories and policy making, there is growing evidence that Western welfare standards are not generalizable to the rest of the planet if environmental concerns, such as resource depletion or climate change, are considered. Sustainability and the Political Economy of Welfare raises the issue of what is required to make welfare societies ecologically sustainable. Consisting of three parts, this book regards the current financial, economic and political crisis in welfare state institutions and addresses methodological, theoretical and wider conceptual issues in integrating sustainability. Furthermore, this text is concerned with the main institutional obstacles to the achievement of sustainable welfare and wellbeing, and how these may feasibly be overcome. How can researchers assist policymakers in promoting synergy between economic, social and environmental policies conducive to globally sustainable welfare systems? Co-authored by a variety of cross-disciplinary contributors, a diversity of research perspectives and methods is reflected in a unique mixture of conceptual chapters, historical analysis of different societal sectors, and case studies of several EU countries, China and the US. This book is well suited for those who are interested in and study welfare, ecological economics and political economy.