Call Boomerang Books 1300 36 33 32

mother's dayMother's Day is Sunday 13 May. Our Gift Guide is the best place to get gifts for Mum. Visit the Gift Guide Now...

Description - The Vanishing American Corporation by Gerald F. Davis

It may be hard to believe in an era of Walmart, Citizens United, and the Koch brothers, but corporations are on the decline. The number of American companies listed on the stock market dropped by half between 1996 and 2012. In recent years we've seen some of the most storied corporations go bankrupt (General Motors, Chrysler, Eastman Kodak) or disappear entirely (Bethlehem Steel, Lehman Brothers, Borders). Gerald Davis argues this is a root cause of the income inequality and social instability we face today. Corporations were once an integral part of building the middle class. He points out that in their heyday they offered millions of people lifetime employment, a stable career path, health insurance, and retirement pensions. They were like small private welfare states. The businesses that are replacing them will not fill the same role. For one thing, they employ far fewer people - the combined global workforces of Facebook, Yelp, Zynga, LinkedIn, Zillow, Tableau, Zulily, and Box are smaller than the number of people who lost their jobs when Circuit City was liquidated in 2009. And in the "sharing economy," companies have no obligation to most of the people who work for them - at the end of 2014 Uber had over 160,000 "driver - partners" in the United States but recognized only about 2,000 people as actual employees. Davis tracks the rise of the large American corporation and the economic, social, and technological developments that have led to its decline. The future could see either increasing economic polarization, as careers turn into jobs and jobs turn into tasks, or a more democratic economy built from the grass roots. It's up to us.

Buy The Vanishing American Corporation by Gerald F. Davis from Australia's Online Independent Bookstore, Boomerang Books.

Book Details

ISBN: 9781458734938
ISBN-10: 1458734935
Format: Paperback
(254mm x 197mm x mm)
Pages: 344
Imprint: ReadHowYouWant.com Ltd
Publisher: ReadHowYouWant.com Ltd
Publish Date: 2-May-2016
Country of Publication: Canada

Book Reviews - The Vanishing American Corporation by Gerald F. Davis

» Have you read this book? We'd like to know what you think about it - write a review about Vanishing American Corporation book by Gerald F. Davis and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a Boomerang Books Account Holder - it's free to sign up and there are great benefits!)

Write Review