Monopsony Capitalism

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Publisher : Cambridge University Press
ISBN 13 : 1108775594
Total Pages : 295 pages
Book Rating : 4.1/5 (87 download)

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Book Synopsis Monopsony Capitalism by : Ashok Kumar

Download or read book Monopsony Capitalism written by Ashok Kumar and published by Cambridge University Press. This book was released on 2020-10-29 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the combination of capital's changing composition and labour's subjective agency to examine whether the waning days of the 'sweatshop' have indeed begun. Focused on the garment and footwear sectors, it introduces a universal logic that governs competition and reshapes the chain. By analysing workers' collective action at various sites of production, it observes how this internal logic plays out for labour who are testing the limits of the social order, stretching it until the seams show. By examining the most valorised parts of underdeveloped sectors, one can see where capital is going and how it is getting there. These findings contribute to ongoing efforts to establish workers' rights in sectors plagued by poverty and powerlessness, building fires and collapses. With this change and a capable labour movement, there's hope yet that workers may close the gap.

Reverse Subsidies in Global Monopsony Capitalism

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Publisher : Cambridge University Press
ISBN 13 : 1009082922
Total Pages : 316 pages
Book Rating : 4.0/5 (9 download)

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Book Synopsis Reverse Subsidies in Global Monopsony Capitalism by : Dev Nathan

Download or read book Reverse Subsidies in Global Monopsony Capitalism written by Dev Nathan and published by Cambridge University Press. This book was released on 2022-05-26 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a firm analytical base to discussions about injustice and the unequal distribution of gains from global production in the form of global monopsony capitalism. It utilizes the concept of reverse subsidies as the purchase of gendered labour and environmental services below their costs of production in garment value chains in India and other garment producing countries, such as Bangladesh and Cambodia. Environmental services, such as freshwater for garment manufacture and land for cotton production, are degraded by overuse and untreated waste disposal. The resulting higher profits from the low prices of garments are captured by global brands, using their monopsony position, with few buyers and myriad sellers, in the market. This book links the concept of reverse subsidies with those of injustice, inequality and sustainability in global production.

Cornered

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Publisher : Turner Publishing Company
ISBN 13 : 0470557036
Total Pages : 411 pages
Book Rating : 4.4/5 (75 download)

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Book Synopsis Cornered by : Barry C. Lynn

Download or read book Cornered written by Barry C. Lynn and published by Turner Publishing Company. This book was released on 2009-12-10 with total page 411 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A manifesto for our times." —Thomas Frank, Wall Street Journal Barry C. Lynn, one of the most original and surprising students of the American economy, paints a genuinely alarming picture: most of our public debates about globalization, competitiveness, creative destruction, and risky finance are nothing more than a cover for the widespread consolidation of power in nearly every imaginable sector of the American economy. Cornered strips the camouflage from the secret world of twenty-first-century monopolies-neofeudalist empires whose sheer size, vast resources, and immense political power enable the people who control to direct virtually every major industry in America in an increasingly authoritarian manner. Lynn reveals how these massive juggernauts, which would have been illegal just thirty years ago, came into being, how they have destroyed or devoured their competition, and how they collude with one another to maintain their power and create the illusion of open, competitive markets. A confluence of small government zealotry and misguided efficient market theories has lead to a complete dismantling of government oversight of industry. Has that brought us the promised economic utopia? Just the opposite. For decades, the dominant elite has used the federal government to all but encourage companies to buy one another up, outsource all their production, and make their profits by leveraging their complete power over the market itself. Lynn makes clear it will take more than a lawsuit or two to overthrow America's corporatist oligarchy and restore a model of capitalism that protects our rights as property holders and citizens, and the independence of our Republic. Details how regular citizens can join together to beat the great powers, and how to do so by relearning the real history and language of our democratic republic. Includes stories of real people and real industries that show how monopolies threaten independent businesses, squelch innovation, degrade the quality and safety of products, destabilize vital industrial and financial systems, and destroy the fabric of democracy Explores monopoly power across a wide array of industries, including appliances, auto parts, beer, eyeglasses, medical supplies, pet food, surfboards, vitamins, and more. Demonstrates how the drive for "always lower prices" makes your job disappear, puts your small business out of business, and turns dreams of entrepreneurial success into impossible fantasies Lynn is that rarest of creatures, a journalist whose theoretical writings are taken very seriously by the top policymakers and economic thinkers in Washington and around the world. His work has been compared already to John Kenneth Galbraith and Peter Drucker. The Washington Post called Lynn's last book-on globalization-"Tom Friedman for grownups." Cornered is essential reading for anyone who cares about America and its future.

The Myth of Capitalism

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Publisher : John Wiley & Sons
ISBN 13 : 1394184069
Total Pages : 349 pages
Book Rating : 4.3/5 (941 download)

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Book Synopsis The Myth of Capitalism by : Jonathan Tepper

Download or read book The Myth of Capitalism written by Jonathan Tepper and published by John Wiley & Sons. This book was released on 2023-04-25 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Myth of Capitalism tells the story of how America has gone from an open, competitive marketplace to an economy where a few very powerful companies dominate key industries that affect our daily lives. Digital monopolies like Google, Facebook and Amazon act as gatekeepers to the digital world. Amazon is capturing almost all online shopping dollars. We have the illusion of choice, but for most critical decisions, we have only one or two companies, when it comes to high speed Internet, health insurance, medical care, mortgage title insurance, social networks, Internet searches, or even consumer goods like toothpaste. Every day, the average American transfers a little of their pay check to monopolists and oligopolists. The solution is vigorous anti-trust enforcement to return America to a period where competition created higher economic growth, more jobs, higher wages and a level playing field for all. The Myth of Capitalism is the story of industrial concentration, but it matters to everyone, because the stakes could not be higher. It tackles the big questions of: why is the US becoming a more unequal society, why is economic growth anemic despite trillions of dollars of federal debt and money printing, why the number of start-ups has declined, and why are workers losing out.

People, Power, and Profits: Progressive Capitalism for an Age of Discontent

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Publisher : W. W. Norton & Company
ISBN 13 : 1324004223
Total Pages : 366 pages
Book Rating : 4.3/5 (24 download)

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Book Synopsis People, Power, and Profits: Progressive Capitalism for an Age of Discontent by : Joseph E. Stiglitz

Download or read book People, Power, and Profits: Progressive Capitalism for an Age of Discontent written by Joseph E. Stiglitz and published by W. W. Norton & Company. This book was released on 2019-04-23 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Nobel prize winner challenges us to throw off the free market fundamentalists and reclaim our economy. We all have the sense that the American economy—and its government—tilts toward big business, but as Joseph E. Stiglitz explains in his new book, People, Power, and Profits, the situation is dire. A few corporations have come to dominate entire sectors of the economy, contributing to skyrocketing inequality and slow growth. This is how the financial industry has managed to write its own regulations, tech companies have accumulated reams of personal data with little oversight, and our government has negotiated trade deals that fail to represent the best interests of workers. Too many have made their wealth through exploitation of others rather than through wealth creation. If something isn’t done, new technologies may make matters worse, increasing inequality and unemployment. Stiglitz identifies the true sources of wealth and of increases in standards of living, based on learning, advances in science and technology, and the rule of law. He shows that the assault on the judiciary, universities, and the media undermines the very institutions that have long been the foundation of America’s economic might and its democracy. Helpless though we may feel today, we are far from powerless. In fact, the economic solutions are often quite clear. We need to exploit the benefits of markets while taming their excesses, making sure that markets work for us—the U.S. citizens—and not the other way around. If enough citizens rally behind the agenda for change outlined in this book, it may not be too late to create a progressive capitalism that will recreate a shared prosperity. Stiglitz shows how a middle-class life can once again be attainable by all. An authoritative account of the predictable dangers of free market fundamentalism and the foundations of progressive capitalism, People, Power, and Profits shows us an America in crisis, but also lights a path through this challenging time.

The Great Reversal

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Publisher : Belknap Press
ISBN 13 : 0674237544
Total Pages : 361 pages
Book Rating : 4.6/5 (742 download)

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Book Synopsis The Great Reversal by : Thomas Philippon

Download or read book The Great Reversal written by Thomas Philippon and published by Belknap Press. This book was released on 2019 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: American markets, once a model for the world, are giving up on competition. Thomas Philippon blames the unchecked efforts of corporate lobbyists. Instead of earning profits by investing and innovating, powerful firms use political pressure to secure their advantages. The result is less efficient markets, leading to higher prices and lower wages.

On Shifting Foundations

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Publisher : John Wiley & Sons
ISBN 13 : 1119344565
Total Pages : 250 pages
Book Rating : 4.1/5 (193 download)

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Book Synopsis On Shifting Foundations by : Kean Fan Lim

Download or read book On Shifting Foundations written by Kean Fan Lim and published by John Wiley & Sons. This book was released on 2019-03-11 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces readers to the current social and economic state of China since its restructuring in 1949. Provides insights into the targeted institutional change that is occurring simultaneously across the entire country Presents context-rich accounts of how and why these changes connect to (if not contradict) regulatory logics established during the Mao-era A new analytical framework that explicitly considers the relationship between state rescaling, policy experimentation, and path dependency Prompts readers to think about how experimental initiatives reflect and contribute to the ‘national strategy’ of Chinese development An excellent extension of ongoing theoretical work examining the entwinement of subnational regulatory reconfiguration, place-specific policy experimentation, and the reproduction of national economic advantage

Seventeen Contradictions and the End of Capitalism

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Publisher : Oxford University Press, USA
ISBN 13 : 019936026X
Total Pages : 354 pages
Book Rating : 4.1/5 (993 download)

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Book Synopsis Seventeen Contradictions and the End of Capitalism by : David Harvey

Download or read book Seventeen Contradictions and the End of Capitalism written by David Harvey and published by Oxford University Press, USA. This book was released on 2014 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: "David Harvey examines the internal contradictions within the flow of capital that have precipitated recent crises. While the contradictions have made capitalism flexible and resilient, they also contain the seeds of systemic catastrophe"--

The Company Town

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Publisher : ReadHowYouWant.com
ISBN 13 : 1459618815
Total Pages : 446 pages
Book Rating : 4.4/5 (596 download)

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Book Synopsis The Company Town by : Hardy Green

Download or read book The Company Town written by Hardy Green and published by ReadHowYouWant.com. This book was released on 2011-04 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines how towns across the United States have grown thanks to the existence of one large business being run from the community, discusses how those single-business communities have influenced the American economy, and explores the benefits and consequences of these towns.

In Defense of Monopoly

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Publisher : University of Michigan Press
ISBN 13 : 0472126288
Total Pages : 629 pages
Book Rating : 4.4/5 (721 download)

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Book Synopsis In Defense of Monopoly by : Richard B. McKenzie

Download or read book In Defense of Monopoly written by Richard B. McKenzie and published by University of Michigan Press. This book was released on 2019-02-28 with total page 629 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Defense of Monopoly offers an unconventional but empirically grounded argument in favor of market monopolies. Authors McKenzie and Lee claim that conventional, static models exaggerate the harm done by real-world monopolies, and they show why some degree of monopoly presence is necessary to maximize the improvement of human welfare over time. Inspired by Joseph Schumpeter's suggestion that market imperfections can drive an economy's long-term progress, In Defense of Monopoly defies conventional assumptions to show readers why an economic system's failure to efficiently allocate its resources is actually a necessary precondition for maximizing the system's long-term performance: the perfectly fluid, competitive economy idealized by most economists is decidedly inferior to one characterized by market entry and exit restrictions or costs. An economy is not a board game in which players compete for a limited number of properties, nor is it much like the kind of blackboard games that economists use to develop their monopoly models. As McKenzie and Lee demonstrate, the creation of goods and services in the real world requires not only competition but the prospect of gains beyond a normal competitive rate of return.

Socializing Capital

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Publisher : Princeton University Press
ISBN 13 : 1400822270
Total Pages : 355 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Socializing Capital by : William G. Roy

Download or read book Socializing Capital written by William G. Roy and published by Princeton University Press. This book was released on 1999-07-01 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ever since Adolph Berle and Gardiner Means wrote their classic 1932 analysis of the American corporation, The Modern Corporation and Private Property, social scientists have been intrigued and challenged by the evolution of this crucial part of American social and economic life. Here William Roy conducts a historical inquiry into the rise of the large publicly traded American corporation. Departing from the received wisdom, which sees the big, vertically integrated corporation as the result of technological development and market growth that required greater efficiency in larger scale firms, Roy focuses on political, social, and institutional processes governed by the dynamics of power. The author shows how the corporation started as a quasi-public device used by governments to create and administer public services like turnpikes and canals and then how it germinated within a system of stock markets, brokerage houses, and investment banks into a mechanism for the organization of railroads. Finally, and most particularly, he analyzes its flowering into the realm of manufacturing, when at the turn of this century, many of the same giants that still dominate the American economic landscape were created. Thus, the corporation altered manufacturing entities so that they were each owned by many people instead of by single individuals as had previously been the case.

Unbound

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Publisher :
ISBN 13 : 0674919319
Total Pages : 305 pages
Book Rating : 4.6/5 (749 download)

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Book Synopsis Unbound by : Heather Boushey

Download or read book Unbound written by Heather Boushey and published by . This book was released on 2019 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many fear that efforts to address inequality will undermine the economy as a whole. But the opposite is true: rising inequality has become a drag on growth and an impediment to market competition. Heather Boushey breaks down the problem and argues that we can preserve our nation's economic traditions while promoting shared economic growth.

The American Political Economy

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Publisher : Cambridge University Press
ISBN 13 : 1316516369
Total Pages : 487 pages
Book Rating : 4.3/5 (165 download)

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Book Synopsis The American Political Economy by : Jacob S. Hacker

Download or read book The American Political Economy written by Jacob S. Hacker and published by Cambridge University Press. This book was released on 2021-11-11 with total page 487 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing together leading scholars, the book provides a revealing new map of the US political economy in cross-national perspective.

How to Be an Anticapitalist in the Twenty-First Century

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Publisher : Verso Books
ISBN 13 : 1788736079
Total Pages : 177 pages
Book Rating : 4.7/5 (887 download)

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Book Synopsis How to Be an Anticapitalist in the Twenty-First Century by : Erik Olin Wright

Download or read book How to Be an Anticapitalist in the Twenty-First Century written by Erik Olin Wright and published by Verso Books. This book was released on 2019-09-03 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is wrong with capitalism, and how can we change it? Capitalism has transformed the world and increased our productivity, but at the cost of enormous human suffering. Our shared values—equality and fairness, democracy and freedom, community and solidarity—can provide both the basis for a critique of capitalism and help to guide us toward a socialist and democratic society. Erik Olin Wright has distilled decades of work into this concise and tightly argued manifesto: analyzing the varieties of anticapitalism, assessing different strategic approaches, and laying the foundations for a society dedicated to human flourishing. How to Be an Anticapitalist in the Twenty-First Century is an urgent and powerful argument for socialism, and an unparalleled guide to help us get there. Another world is possible. Included is an afterword by the author’s close friend and collaborator Michael Burawoy.

Dynamism, Rivalry, and the Surplus Economy

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Publisher : Oxford University Press
ISBN 13 : 0199334765
Total Pages : 206 pages
Book Rating : 4.1/5 (993 download)

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Book Synopsis Dynamism, Rivalry, and the Surplus Economy by : János Kornai

Download or read book Dynamism, Rivalry, and the Surplus Economy written by János Kornai and published by Oxford University Press. This book was released on 2014 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, János Kornai examines capitalism as an economic system and in comparison to socialism. The two essays of this book will explore these differing ideologies on macro and micro levels, ending with definitive explanations of how the systems work and how they develop.

Reverse Subsidies in Global Monopsony Capitalism

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Author :
Publisher : Cambridge University Press
ISBN 13 : 1316512274
Total Pages : 313 pages
Book Rating : 4.3/5 (165 download)

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Book Synopsis Reverse Subsidies in Global Monopsony Capitalism by : Dev Nathan

Download or read book Reverse Subsidies in Global Monopsony Capitalism written by Dev Nathan and published by Cambridge University Press. This book was released on 2022-05-26 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: Purchase of gendered labour and environmental services below costs of production become reverse subsidies, captured by global brands.

How Antitrust Failed Workers

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Publisher : Oxford University Press
ISBN 13 : 019750762X
Total Pages : 225 pages
Book Rating : 4.1/5 (975 download)

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Book Synopsis How Antitrust Failed Workers by : Eric A. Posner

Download or read book How Antitrust Failed Workers written by Eric A. Posner and published by Oxford University Press. This book was released on 2021 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Antitrust law has very rarely been used by workers to challenge anticompetitive employment practices. Yet recent empirical research shows that labor markets are highly concentrated, and that employers engage in practices that harm competition and suppress wages. These practices include no-poaching agreements, wage-fixing, mergers, covenants not to compete, and misclassification of gig workers as independent contractors. This failure of antitrust to challenge labor-market misbehavior is due to a range of other failures-intellectual, political, moral, and economic. And the impact of this failure has been profound for wage levels, economic growth, and inequality. In light of the recent empirical work, it is urgent for regulators, courts, lawyers, and Congress to redirect antitrust resources to labor market problems. This book offers a strategy for judicial and legislative reform"--