Swords into Dow Shares by Rachel Weber
Look inside with Google Book Preview
Swords into Dow Shares
By Rachel Weber

Swords into Dow Shares

Governing the Decline of the Military-Industrial Complex

By (author) See other recent books by Rachel Weber
Format: Paperback

Normal Price: $76.99
Your Price: $69.29 AUD, inc. GST
Shipping: $7.95 per order
You Save: $7.70! (10% off normal price)
Plus...earn $3.46 in Boomerang Bucks
Availability: Available Available, ships in 7-10 days



Swords into Dow Shares by Rachel Weber

Book Description

Contemporary legal doctrine holds that corporate managers have obligations, first and foremost, to maximize profits for their shareholders. This doctrine is based on the assumption that shareholders alone bear the financial risks and contribute the equity necessary for production. But what if other groups contribute assets and also risk losing their investments? What if other groups actually shelter shareholders from financial risks? Such is the case with the nation's prime defense contractors. By examining the case of defense contracting, where the federal government and, indirectly, the taxpayers assume most of the risks and costs of producing weaponry, Rachel Weber critiques the assumptions underlying our system of corporate governance.The Department of Defense provides contracts for billions of dollars, specialized components and facilities, interest subsidies, tax breaks, and regulatory relief. These public contributions make the record shareholder returns and executive compensation packages of the early 1990s all the more problematic. This book follows the case of General Dynamics, the nation's largest military shipbuilder and considered a trendsetter in the industry for its explicit shareholder orientation. The behavior of contractors like General Dynamics in the post-Cold War period raises serious concerns about the private stewardship of public funds. How can the government make contractors accountable to other public interests? In Swords into Dow Shares Rachel Weber offers some original suggestions for redirecting defense resources to foster innovation, decrease the tax burden of military spending, and help to retain and create high-wage jobs in a civilian-industrial economy.

Buy Swords into Dow Shares book by Rachel Weber from Australia's Online Bookstore, Boomerang Books.


Book Details

ISBN: 9780813397900
ISBN-10: 0813397901
Format: Paperback
(229mm x 152mm x 15mm)
Pages: 234
Imprint: Westview Press Inc
Publisher: The Perseus Books Group
Publish Date: 5-Jan-2001
Country of Publication: United States

Books By Author Rachel Weber

Oxford Handbook of Urban Planning by Rachel Weber Oxford Handbook of Urban Planning, Paperback (July 2015)

The Oxford Handbook of Urban Planning is an authoritative volume on planning, a long-established professional social science discipline in the U.S. and throughout the world.

Technology and Society by Rachel Weber Technology and Society, Paperback (November 2008)

An anthology of writings by thinkers ranging from Freeman Dyson to Bruno Latour that focuses on the interconnections of technology, society, and values and how these may affect the future.

» View all books by Rachel Weber

Reviews

» Have you read this book? We'd like to know what you think about it - write a review about Swords into Dow Shares book by Rachel Weber and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a member - it's free to sign up!)

Write a book review


Author Biography - Rachel Weber

Rachel Weber is an assistant professor at the Urban Planning and Policy Program at the University of Illinois-Chicago. She received her doctorate from Cornell University.

Boomerang Bucks close

For every $20 you spend on books, you will receive $1 in Boomerang Bucks loyalty dollars. You can use your Boomerang Bucks as a credit towards a future purchase from Boomerang Books. Note that you must be a Member (free to sign up) and that conditions do apply.

Recent books by Rachel Weber close
From Boom to Bubble by Rachel Weber
Oxford Handbook of Urban Planning by Rachel Weber
Oxford Handbook of Urban Planning by Rachel Weber
Technology and Society by Rachel Weber
»
BoomerangBooks.com.au close