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

За: Інтелектуальна відповідальність: Вид матеріалу: Текст Публікація: Cham : Springer International Publishing : Imprint: Palgrave Macmillan, 2017Видання: 1st ed. 2017Опис: XI, 191 p. online resourceТип вмісту:
  • text
Тип засобу:
  • computer
Тип носія:
  • online resource
ISBN:
  • 9783319501499
Тематика(и): Додаткові фізичні формати: Printed edition:: Немає назви; Printed edition:: Немає назви; Printed edition:: Немає назвиДесяткова класифікація Дьюї:
  • 336 23
Класифікація Бібліотеки Конгресу:
  • HJ9-9940
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Вміст:
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. .
У: Springer eBooksЗведення: 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.
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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.

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