このエントリーをはてなブックマークに追加

Output this information

Link on this page

Employers’ Economics versus Employees’ Economy : How Adam Smith’s Legacy Obscures Public Investment in the Private Sector / by John F. M. McDermott

Publisher (Cham : Springer International Publishing : Imprint: Palgrave Macmillan)
Year 2017
Edition 1st ed. 2017.
Authors *McDermott, John F. M author
SpringerLink (Online service)

Hide book details.

Links to the text Library Off-campus access

OB00175411 Springer Economics and Finance eBooks (電子ブック) 9783319501499

Hide details.

Material Type E-Book
Media type 機械可読データファイル
Size XI, 191 p : online resource
Notes Chapter 1: We Invest More Than They! -- Chapter 2: The Paradoxes of Market Economics -- Chapter 3: Economics and Mis-Mathematics.-Chapter 4: Cornucopia, Inc..-Chapter 5: From Employees to Servants -- Chapter 6: A Reformed Economic Science and Economic Reform.
This book argues that economic activity in the public sphere now underwrites private corporations, and rejects rigid adherence to traditional economic theories that no longer apply. Adam Smith's widely used "merchant's model" assumes that most investment is private, when in fact research demonstrates that public investment in the workforce through education and training far outweighs the private sector, and does not account for the growing presence of consensual pricing, the diversification of modern businesses, or the increasing internal authoritarianism of globalizing companies. With de facto public support for these adaptations undermining the universally presumed economic model, private corporations are able to increase their profits while misrepresenting the investment of their own global labor forces. This book suggests an "economy of laws" solution that balances the needed degree of central investment planning with the continuation of our pluralist economy of largely autonomous firms, principally by extending the full rights of citizens into the workplace itself
HTTP:URL=https://doi.org/10.1007/978-3-319-50149-9
Subjects LCSH:Finance, Public
LCSH:Labor economics
LCSH:Economic history
FREE:Public Economics
FREE:Labor Economics
FREE:Economic History
Classification LCC:HJ9-9940
DC23:336
ID 8000059898
ISBN 9783319501499

 Similar Items