Moral Capitalism Why Fairness Won't Make Us Poor Why Greed Is Not Good, Opportunity Is Not Equal, and Fairness Won't Make Us Poor
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Auteur:
Steven Pearlstein
- Engels
- Paperback
- 9781250251459
- 14 april 2020
- 272 pagina's
Samenvatting
A Pulitzer Prize-winning economics journalist argues that our thirty year experiment in unfettered markets has undermined core values required to make capitalism and democracy work
Thirty years ago, "greed is good" and "maximizing shareholder value" became the new mantras woven into the fabric of our business culture, economy, and politics. Although, around the world, free market capitalism has lifted more than a billion people from poverty, in the United States most of the benefits of economic growth have been captured by the richest 10%, along with providing justification for squeezing workers, cheating customers, avoiding taxes, and leaving communities in the lurch. As a result, Americans are losing faith that a free market economy is the best system. In Moral Capitalism, Pulitzer Prize-winning journalist Steven Pearlstein chronicles our descent and challenges the theories being taught in business schools and exercised in boardrooms around the country. We're missing a key tenet of Adam Smith's wealth of nations: without trust and social capital, democratic capitalism cannot survive. Further, equality of incomes and opportunity need not come at the expense of economic growth. Pearlstein lays out bold steps we can take as a country: a guaranteed minimum income paired with universal national service, tax incentives for companies to share profits with workers, ending class segregation in public education, and restoring competition to markets. He provides a path forward that will create the shared prosperity that will sustain capitalism over the long term.
Thirty years ago, "greed is good" and "maximizing shareholder value" became the new mantras woven into the fabric of our business culture, economy, and politics. Although, around the world, free market capitalism has lifted more than a billion people from poverty, in the United States most of the benefits of economic growth have been captured by the richest 10%, along with providing justification for squeezing workers, cheating customers, avoiding taxes, and leaving communities in the lurch. As a result, Americans are losing faith that a free market economy is the best system. In Moral Capitalism, Pulitzer Prize-winning journalist Steven Pearlstein chronicles our descent and challenges the theories being taught in business schools and exercised in boardrooms around the country. We're missing a key tenet of Adam Smith's wealth of nations: without trust and social capital, democratic capitalism cannot survive. Further, equality of incomes and opportunity need not come at the expense of economic growth. Pearlstein lays out bold steps we can take as a country: a guaranteed minimum income paired with universal national service, tax incentives for companies to share profits with workers, ending class segregation in public education, and restoring competition to markets. He provides a path forward that will create the shared prosperity that will sustain capitalism over the long term.
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- Bindwijze
- Paperback
- Oorspronkelijke releasedatum
- 14 april 2020
- Aantal pagina's
- 272
- Illustraties
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- Hoofdauteur
- Steven Pearlstein
- Hoofduitgeverij
- Saint Martin's Griffin,U.S.
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- Extra groot lettertype
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- Product breedte
- 138 mm
- Product hoogte
- 21 mm
- Product lengte
- 209 mm
- Studieboek
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- Verpakking breedte
- 138 mm
- Verpakking hoogte
- 21 mm
- Verpakking lengte
- 209 mm
- Verpakkingsgewicht
- 214 g
EAN
- EAN
- 9781250251459
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