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Author: John C. Bogle
Publisher: Yale University Press
ISBN: 9780300119718
Category : Business & Economics
Languages : en
Pages : 292
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Book Description
The founder and former chief executive of the Vanguard mutual funds argues for a return to a governance structure in which owners' capital that has been put at risk is used in their interests rather than in the interests of corporate and financial managers.
Author: John C. Bogle
Publisher: Yale University Press
ISBN: 9780300119718
Category : Business & Economics
Languages : en
Pages : 292
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Book Description
The founder and former chief executive of the Vanguard mutual funds argues for a return to a governance structure in which owners' capital that has been put at risk is used in their interests rather than in the interests of corporate and financial managers.
Author: John Ross
Publisher: Nation Books
ISBN: 0786740515
Category : Biography & Autobiography
Languages : en
Pages : 370
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Book Description
A San Francisco Chronicle Best Book of 2004 After spilling bourbon on Schnaubelt's grave, its pugnacious and very dead occupant becomes Ross's mentor, sidekick, and boozing companion through this epic telling of the hallucinatory, carnal, and ornery histories of the American Left and John Ross's own remarkable life. Schnaubelt navigates us through his seemingly boundless revolutionary battleground, uttering cries of subversion from within the grave while trying to remain out of earshot from the FBI snoop and local supermarket tycoon buried nearby. Ross's own story--hobo revolutionist, junkie, poet, and journalist is a contrapuntal to Schnaubelt's. Ross never takes himself too seriously, yet his most remarkable trait is the honesty with which he approaches life, even while trying to deconstruct his own faults, personal tragedies (including the death of his one-month-old son), and imperfections. His pursuit of revolutionary politics and poetics is the constant, often spent with his muse, Revolutionary Mexico. Ross concludes with a trip to Baghdad as a "human shield," before the Anglo-American invasion, ready to sacrifice his life as part of his perpetual struggle for justice. Award-winning writer John Ross's memoir is inspired from a tumbledown tombstone in California: The headstone reads: E. B. Schnaubelt 1855-1913, "Murdered by Capitalism."
Author: Michael Reid
Publisher: Yale University Press
ISBN: 0300145268
Category : History
Languages : en
Pages : 363
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Book Description
The bestselling primer on the social, political, and economic challenges facing Central and South America by The Economist editor and author of Brazil. Latin America has often been condemned to failure. Neither poor enough to evoke Africa’s moral crusade, nor as explosively booming as India and China, it has largely been overlooked by the West. Yet this vast continent, home to half a billion people, the world’s largest reserves of arable land, and 8.5 percent of global oil, is busily transforming its political and economic landscape. This book argues that rather than failing the test, Latin America’s efforts to build fairer and more prosperous societies make it one of the world’s most vigorous laboratories for capitalist democracy. In many countries—including Brazil, Chile and Mexico—democratic leaders are laying the foundations for faster economic growth and more inclusive politics, as well as tackling deep-rooted problems of poverty, inequality, and social injustice. They face a new challenge from Hugo Chávez’s oil-fueled populism, and much is at stake. Failure will increase the flow of drugs and illegal immigrants to the United States and Europe, jeopardize stability in a region rich in oil and other strategic commodities, and threaten some of the world’s most majestic natural environments. Drawing on Michael Reid’s many years of reporting from inside Latin America’s cities, presidential palaces, and shantytowns, the book provides a vivid, immediate, and informed account of a dynamic continent and its struggle to compete in a globalized world. “No one who seriously aspires to discuss Latin American politics, economics, and culture should go without reading Forgotten Continent.”—National Interest
Author: Ray Antley
Publisher:
ISBN: 9780996332606
Category :
Languages : en
Pages :
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Book Description
Real wages in the US have been slowly declining for the past 40 years. Forty years of failure is enough. Dr Antley is running for president because he wants to double your salary. In this short book Dr Antley makes the case that Plantation Capitalism, the capitalism of a Barbados sugar plantation of 1650, where labor was commoditized, is the central business plan of global corporations of today. They source labor from wherever it is cheapest and sell in the US with offshore untaxed bank accounts.That is why we are 18.2 trillion i debt. That is why wages have declined 10% since 1973. He advocates a return to a National capitalism, the American System of Abraham Lincoln where revenue comes from tariffs rather than payroll taxes. Since 1993 the Chinese have been implementing a National Capitalism. Their economic output per capita has grown 17.6 times as fast as ours over the past 20 years. It's time for a change for the better.
Author: Eliza Filby
Publisher: Biteback Publishing
ISBN: 1849548889
Category : Religion
Languages : en
Pages : 299
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Book Description
A woman demonised by the left and sanctified by the right, there has always been a religious undercurrent to discussions of Margaret Thatcher. However, while her Methodist roots are well known, the impact of her faith on her politics is often overlooked. In an attempt to source the origins of Margaret Thatcher's 'conviction politics', Eliza Filby explores how Thatcher's worldview was shaped and guided by the lessons of piety, thrift and the Protestant work ethic learnt in Finkin Street Methodist Church, Grantham, from her lay-preacher father. In doing so, she tells the story of how a Prime Minister steeped in the Nonconformist teachings of her childhood entered Downing Street determined to reinvigorate the nation with these religious values. Filby concludes that this was ultimately a failed crusade. In the end, Thatcher created a country that was not more Christian, but more secular; and not more devout, but entirely consumed by a new religion: capitalism. In upholding the sanctity of the individual, Thatcherism inadvertently signalled the death of Christian Britain. Drawing on previously unpublished archives, interviews and memoirs, Filby examines how the rise of Thatcher was echoed by the rebirth of the Christian right in Britain, both of which were forcefully opposed by the Church of England. Wide-ranging and exhaustively researched, God and Mrs Thatcher offers a truly original perspective on the source and substance of Margaret Thatcher's political values and the role that religion played in the politics of this tumultuous decade.
Author: Vijay Prashad
Publisher: Zed Books
ISBN: 9781842772614
Category : Business & Economics
Languages : en
Pages : 260
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Book Description
A manual for the great global rip-off
Author: John C. Bogle
Publisher: Yale University Press
ISBN: 0300134835
Category : Business & Economics
Languages : en
Pages : 390
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Book Description
The legendary founder of Vanguard “presents an insider’s view of what’s wrong with corporate America and what can be done to improve it” (Burton G. Malkiel, author of A Random Walk Down Wall Street). New York Times-bestselling author of Enough and The Little Book of Common Sense Investing John Bogle has seen firsthand the innermost workings—and grotesque abuses—of the financial industry, and is renowned as an advocate for the small investor and for the restoration of integrity to the system. He knows that a trustworthy business and financial complex is essential to America’s continuing leadership in the world and to social and economic progress at home. In this book he reveals what went wrong and how we lost our way—and more importantly, how we can right our course. He argues for a return to a governance structure in which owners’ capital that has been put at risk is used in their interests rather than in the interests of corporate and financial managers. Given that ownership is now consolidated in the hands of relatively few large mutual and pension funds, the specific reforms Bogle details in this book are essential as well as practical—and should be considered by every investor, analyst, Wall Streeter, policy maker, and businessperson. “Deserves attention in the precincts of power.”—Publishers Weekly
Author: David Gelles
Publisher: Simon and Schuster
ISBN: 198217644X
Category : Business & Economics
Languages : en
Pages : 272
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Book Description
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.
Author: John Hilary
Publisher: Pluto Press
ISBN: 9780745333304
Category : Political Science
Languages : en
Pages : 0
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Book Description
Capitalist growth is widely heralded as the only answer to the crisis still sweeping the global economy. Yet the era of corporate globalization has been defined by unprecedented levels of inequality and environmental degradation. A return to capitalist growth threatens to exacerbate these problems, not solve them. In The Poverty of Capitalism, John Hilary reveals the true face of transnational capital in its insatiable drive for expansion and accumulation. He exposes the myth of "corporate social responsibility" (CSR), and highlights key areas of conflict over natural resources, labor rights and food sovereignty. Hilary also describes the growing popular resistance to corporate power, as well as the new social movements seeking to develop alternatives to capitalism itself. This book will be essential reading for all those concerned with global justice, human rights and equity in the new world order.
Author: Joseph R. Blasi
Publisher: Cornell University Press
ISBN: 1501722220
Category : Political Science
Languages : en
Pages : 272
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Book Description
The first book to describe Russia's massive economic transformation for an American audience, Kremlin Capitalism provides a wealth of data and analyses not previously available in this country. The authors articulate the political and economic goals of Russian privatization, examine the current ownership of the largest enterprises in Russia, and chart the serious problem of corporate governance in the new private businesses. Kremlin Capitalism is based on the only continuous study of Russian privatization throughout the Russian Federation from 1992 to the present. The authors tracked down the story of the transition in the cities, towns, and villages of fifty of Russia's eighty-nine provinces, updating their findings after the June 1996 election. The result is an up-to-the-minute report of the largest property transfer in history and an analysis of one of this century's most significant economic transformations. The volume also characterizes the position of workers in terms of unemployment, wages, union power, and their changing role as employee shareholders.What really happened when Russia privatized its economy? The Kremlin brokered the initial struggle among different interest groups eager to claim a portion of Russian property: workers, managers, the Mafia, the old Soviet bureaucracy, regular citizens, entrepreneurs, Russian banks, and foreigners. While competing with one another, all struggled to free themselves from seventy years of Communist economic culture. Four years after the process began, have large companies learned to offer goods and services profitably and pay dividends to shareholders? Individual stories come alive as the book explores problems Russians face in structuring a new economic system, defining the ownership and governance of thousands of corporations one by one. Russian economic practices are being forged in the heat of fierce political struggles between resurgent Communists and nationalists and old Soviet managers, on the one hand, and more liberal elements of its infant democratic system on the other. Whether a few big conglomerates and the powerful banks and holding companies from Soviet days will dominate the new Russian economy to the exclusion of most citizens remains to be seen.Many questions persist. How will billions of dollars of capital be raised to retool, restructure, and reorient the heart and soul of Russia's economy? Will open stock markets stimulate a new economic order or will that new order be imposed through strong state supports and subsidies? What role will be played by shadowy conglomerates that are trying to shape a disorganized economy into something resembling the old Soviet system? The authors note the paradox of a capitalism conceived, designed, implemented, and evaluated by the Kremlin when one aim of reform is to allow market forces to play freely. Kremlin Capitalism asks whether rapid privatization has catalyzed or complicated the transition to a more liberal political and economic system, a question that will reverberate for decades.
