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Author: George E. Marcus
Publisher: Penn State Press
ISBN: 0271042923
Category : Political Science
Languages : en
Pages : 500
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Book Description
Author: George E. Marcus
Publisher: Penn State Press
ISBN: 0271042923
Category : Political Science
Languages : en
Pages : 500
Get Book Here
Book Description
Author: Eileen Appelbaum
Publisher: Russell Sage Foundation
ISBN: 1610448189
Category : Business & Economics
Languages : en
Pages : 396
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Book Description
Private equity firms have long been at the center of public debates on the impact of the financial sector on Main Street companies. Are these firms financial innovators that save failing businesses or financial predators that bankrupt otherwise healthy companies and destroy jobs? The first comprehensive examination of this topic, Private Equity at Work provides a detailed yet accessible guide to this controversial business model. Economist Eileen Appelbaum and Professor Rosemary Batt carefully evaluate the evidence—including original case studies and interviews, legal documents, bankruptcy proceedings, media coverage, and existing academic scholarship—to demonstrate the effects of private equity on American businesses and workers. They document that while private equity firms have had positive effects on the operations and growth of small and mid-sized companies and in turning around failing companies, the interventions of private equity more often than not lead to significant negative consequences for many businesses and workers. Prior research on private equity has focused almost exclusively on the financial performance of private equity funds and the returns to their investors. Private Equity at Work provides a new roadmap to the largely hidden internal operations of these firms, showing how their business strategies disproportionately benefit the partners in private equity firms at the expense of other stakeholders and taxpayers. In the 1980s, leveraged buyouts by private equity firms saw high returns and were widely considered the solution to corporate wastefulness and mismanagement. And since 2000, nearly 11,500 companies—representing almost 8 million employees—have been purchased by private equity firms. As their role in the economy has increased, they have come under fire from labor unions and community advocates who argue that the proliferation of leveraged buyouts destroys jobs, causes wages to stagnate, saddles otherwise healthy companies with debt, and leads to subsidies from taxpayers. Appelbaum and Batt show that private equity firms’ financial strategies are designed to extract maximum value from the companies they buy and sell, often to the detriment of those companies and their employees and suppliers. Their risky decisions include buying companies and extracting dividends by loading them with high levels of debt and selling assets. These actions often lead to financial distress and a disproportionate focus on cost-cutting, outsourcing, and wage and benefit losses for workers, especially if they are unionized. Because the law views private equity firms as investors rather than employers, private equity owners are not held accountable for their actions in ways that public corporations are. And their actions are not transparent because private equity owned companies are not regulated by the Securities and Exchange Commission. Thus, any debts or costs of bankruptcy incurred fall on businesses owned by private equity and their workers, not the private equity firms that govern them. For employees this often means loss of jobs, health and pension benefits, and retirement income. Appelbaum and Batt conclude with a set of policy recommendations intended to curb the negative effects of private equity while preserving its constructive role in the economy. These include policies to improve transparency and accountability, as well as changes that would reduce the excessive use of financial engineering strategies by firms. A groundbreaking analysis of a hotly contested business model, Private Equity at Work provides an unprecedented analysis of the little-understood inner workings of private equity and of the effects of leveraged buyouts on American companies and workers. This important new work will be a valuable resource for scholars, policymakers, and the informed public alike.
Author: Susan Hekman
Publisher: Penn State Press
ISBN: 0271031964
Category : Political Science
Languages : en
Pages : 169
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Book Description
In an age when "we are all multiculturalists now," as Nathan Glazer has said, the politics of identity has come to pose new challenges to our liberal polity and the presuppositions on which it is founded. Just what identity means, and what its role in the public sphere is, are questions that are being hotly debated. In this book Susan Hekman aims to bring greater theoretical clarity to the debate by exposing some basic misconceptions—about the constitution of the self that defines personal identity, about the way liberalism conceals the importance of identity under the veil of the "abstract citizen," and about the difference and interrelationship between personal and public identity. Hekman’s use of object relations theory allows her to argue, against the postmodernist resort to a "fictive" subject, for a core self that is socially constructed in the early years of childhood but nevertheless provides a secure base for the adult subject. Such a self is social, particular, embedded, and connected—a stark contrast to the neutral and disembodied subject posited in liberal theory. This way of construing the self also opens up the possibility for distinguishing how personal identity functions in relation to public identity. Against those advocates of identity politics who seek reform through the institutionalization of group participation, Hekman espouses a vision of the politics of difference that eschews assigning individuals to fixed groups and emphasizes instead the fluidity of choice arising from the complex interaction between the individual’s private identity and the multiple opportunities for associating with different groups and the public identities they define. Inspired by Foucault’s argument that "power is everywhere," Hekman maps out a dual strategy of both political and social/cultural resistance for this new politics of identity, which recognizes that with significant advances already won in the political/legal arena, attitudinal change in civil society presents the greatest challenge for achieving more progress today in the struggle against racism, sexism, and other forms of oppression.
Author: Steven M. Richman
Publisher: McFarland
ISBN: 078646223X
Category : Social Science
Languages : en
Pages : 299
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Book Description
Trenton, like the state of New Jersey, is often maligned these days, but there was a time when Trenton was the fiftieth largest city in the United States and boasted worldwide leaders in the iron and steel, rubber, and pottery industries. Like many cities of its comparative size and prowess that came of age in the Industrial Revolution, Trenton diminished in the aftermath of World War II and has become, for many, one of the "lost cities"--a place of lessened population, abandoned houses, and shuttered factories. Featuring a series of meditative explorations on the essence of the American post-industrial city through the prism of Trenton, this book explores the city's history, architecture, parks, factories, and neighborhoods through text and image, highlighting the importance of such post-industrial cities.
Author: Maurizio Passerin d'Entrèves
Publisher: Psychology Press
ISBN: 9780415166836
Category : Citizenship
Languages : en
Pages : 212
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Book Description
Adopting a multidisciplinary approach to the distinction between public and private, this lucidly written book covers an interesting and eclectic mix of topics such as citizenship, Rorty, Arendt and marriage.
Author: Daniel S. Lucks
Publisher: Beacon Press
ISBN: 080702998X
Category : Biography & Autobiography
Languages : en
Pages : 354
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Book Description
2021 Prose Award Finalist A long-overdue and sober examination of President Ronald Reagan’s racist politics that continue to harm communities today and helped shape the modern conservative movement. Ronald Reagan is hailed as a transformative president and an American icon, but within his twentieth-century politics lies a racial legacy that is rarely discussed. Both political parties point to Reagan as the “right” kind of conservative but fail to acknowledge his political attacks on people of color prior to and during his presidency. Reconsidering Reagan corrects that narrative and reveals how his views, policies, and actions were devastating for Black Americans and racial minorities, and that the effects continue to resonate today. Using research from previously untapped resources including the Black press which critically covered Reagan’s entire political career, Daniel S. Lucks traces Reagan’s gradual embrace of conservatism, his opposition to landmark civil rights legislation, his coziness with segregationists, and his skill in tapping into white anxiety about race, riding a wave of “white backlash” all the way to the Presidency. He argues that Reagan has the worst civil rights record of any President since the 1920s—including supporting South African apartheid, packing courts with conservatives, targeting laws prohibiting discrimination in education and housing, and launching the “War on Drugs”—which had cataclysmic consequences on the lives of Black and Brown people. Linking the past to the present, Lucks expertly examines how Reagan set the blueprint for President Trump and proves that he is not an anomaly, but in fact the logical successor to bring back the racially tumultuous America that Reagan conceptualized.
Author: Crowley, Kate
Publisher: Policy Press
ISBN: 1447333160
Category : Political Science
Languages : en
Pages : 256
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Book Description
For nation-states, the contexts for developing and implementing policy have become more complex and demanding. Yet policy studies have not fully responded to the challenges and opportunities represented by these developments. Governance literature has drawn attention to a globalising and network-based policy world, but politics and the role of the state have been de-emphasised. This book addresses this imbalance by reconsidering traditional policy-analytic concepts, and re-developing and extending new ones, in a melded approach defined as systemic institutionalism. This links policy with governance and the state and suggests how real-world issues might be substantively addressed.
Author: Lionel Beehner
Publisher:
ISBN: 0197535496
Category : Law
Languages : en
Pages : 377
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Book Description
This book explores contemporary civil-military relations in the United States. Much of the canonical literature on civil-military relations was either written during or references the Cold War, while other major research focuses on the post-Cold War era, or the first decade of the twenty-first century. A great deal has changed since then. This book considers the implications for civil-military relations of many of these changes. Specifically, it focuses on factors such as breakdowns in democratic and civil-military norms and conventions; intensifying partisanship and deepening political divisions in American society; as well as new technology and the evolving character of armed conflict. Chapters are organized around the principal actors in civil-military relations, and the book includes sections on the military, civilian leadership, and the public. It explores the roles and obligations of each. The book also examines how changes in contemporary armed conflict influence civil-military relations. Chapters in this section examine the cyber domain, grey zone operations, asymmetric warfare and emerging technology. The book thus brings the study of civil-military relations into the contemporary era, in which new geopolitical realities and the changing character of armed conflict combine with domestic political tensions to test, if not potentially redefine, those relations.
Author: Dina Fainberg
Publisher: Lexington Books
ISBN: 1498529941
Category : History
Languages : en
Pages : 222
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Book Description
This volume contributes to a growing reevaluation of the Brezhnev era, helping to shape a new historiography that gives us a much richer and more nuanced picture of the time period than the stagnation paradigm usually assigned to the era. The essays provide a multifaceted prism that reveals a dynamic society with a political and intellectual class that remained committed to the ideological foundations of the state, recognized the challenges that the system faced, and embarked on a creative search for solutions. The chapters focus on developments in politics, society, and culture, as well as the state’s attempts to lead and initiate change, which are mostly glossed over in the stagnation narrative. The volume challenges the assumption that the period as a whole was characterized by rampant cynicism and a decline of faith in the socialist creed and instead points to the persistence of popular engagement with the socialist ideology and the power it continued to wield within the Soviet Union.
Author: Christoph Irmscher
Publisher: Rowman & Littlefield
ISBN: 1611476747
Category : Literary Criticism
Languages : en
Pages : 221
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Book Description
Reconsidering Longfellow is the first collection of scholarly essays in several decades devoted entirely to the work and afterlife of the most popular and widely read writer in American literature. The essays, written by a new generation of Longfellow scholars, cover the entire range of Longfellow’s work, from the early poetry to the wildly successful epics of his middle period (Evangeline, The Song of Hiawatha) to his Chaucerian collection of stories published after the Civil War, Tales of a Wayside Inn. Separate contributions discuss Longfellow’s financial dealings, his preoccupation with his children, and his interest in the visual arts, as well as the tremendous role his poetry did and will once again play in American literature classrooms in the U.S. All essays were written specifically for the volume. Many of them rely on unpublished archival sources from the Longfellow collections at the Longfellow House-George Washington National Historic Site and at Houghton Library in Cambridge, Massachusetts.
