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Employers' Economics versus Employees' Economy
John F. M. McDermott
€ 128.88
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Description for Employers' Economics versus Employees' Economy
Hardback. Num Pages: 191 pages, biography. BIC Classification: KCF; KCZ; KFFM. Category: (P) Professional & Vocational. Dimension: 210 x 148. Weight in Grams: 396.
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 ... Read more
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 ... Read more
Product Details
Format
Hardback
Publication date
2017
Publisher
Springer International Publishing AG Switzerland
Number of pages
191
Condition
New
Number of Pages
191
Place of Publication
Cham, Switzerland
ISBN
9783319501482
SKU
V9783319501482
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About John F. M. McDermott
John F. M. McDermott is Professor Emeritus of the State University of New York. He is the author of four previous books, two of them on economics: Corporate Society (1991) and Economics in Real Time (2004).
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