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The Resource The vanishing American corporation : navigating the hazards of a new economy, Gerald F. Davis, (electronic resource)

The vanishing American corporation : navigating the hazards of a new economy, Gerald F. Davis, (electronic resource)

Creator
Author
Contributor
Summary
It may be hard to believe in an era of Wal-Mart, Citizens United, and the Koch brothers, but corporations are on the decline, says Gerald Davis. The number of American companies listed on the stock market dropped by more than half between 1997 and 2012. In recent years, some of the most storied corporations have gone bankrupt (General Motors, Chrysler, Eastman Kodak) or disappeared entirely (Bethlehem Steel, Lehman Brothers, Borders, Circuit City). That corporations are vanishing may sound like good news to some, but Davis insists it's not; in fact, it's a root cause of the income inequality and social instability that is faced 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. The businesses that are replacing them can't and won't 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. And the 'sharing economy' absolves many companies of any sense of 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. This book tracks the rise of the large American corporation, its role in greatly expanding the middle class, and the current economic pressures that are making it unsustainable. 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
Language
eng
Work
Instance
Label
The vanishing American corporation : navigating the hazards of a new economy
Title
The vanishing American corporation
Title remainder
navigating the hazards of a new economy
Statement of responsibility
Gerald F. Davis
Creator
Contributor
Author
Subject
Language
eng
Summary
It may be hard to believe in an era of Wal-Mart, Citizens United, and the Koch brothers, but corporations are on the decline, says Gerald Davis. The number of American companies listed on the stock market dropped by more than half between 1997 and 2012. In recent years, some of the most storied corporations have gone bankrupt (General Motors, Chrysler, Eastman Kodak) or disappeared entirely (Bethlehem Steel, Lehman Brothers, Borders, Circuit City). That corporations are vanishing may sound like good news to some, but Davis insists it's not; in fact, it's a root cause of the income inequality and social instability that is faced 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. The businesses that are replacing them can't and won't 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. And the 'sharing economy' absolves many companies of any sense of 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. This book tracks the rise of the large American corporation, its role in greatly expanding the middle class, and the current economic pressures that are making it unsustainable. 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
Cataloging source
Midwest
http://library.link/vocab/creatorDate
1961-
http://library.link/vocab/creatorName
Davis, Gerald F.
Dewey number
338.7/40973
Index
no index present
Literary form
non fiction
Nature of contents
dictionaries
http://library.link/vocab/relatedWorkOrContributorName
hoopla digital
http://library.link/vocab/subjectName
  • Corporations
  • Industries
  • Electronic books
  • United States
Target audience
adult
Label
The vanishing American corporation : navigating the hazards of a new economy, Gerald F. Davis, (electronic resource)
Link
Instantiates
Publication
Distribution
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Dimensions
unknown
Extent
1 online resource
Form of item
  • online
  • electronic
Governing access note
Digital content provided by hoopla
Isbn
9781626562813
Isbn Type
(electronic bk.)
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
http://library.link/vocab/ext/overdrive/overdriveId
11554463
Publisher number
MWT11554463
Specific material designation
remote
System details
Mode of access: World Wide Web
Label
The vanishing American corporation : navigating the hazards of a new economy, Gerald F. Davis, (electronic resource)
Link
Publication
Distribution
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Dimensions
unknown
Extent
1 online resource
Form of item
  • online
  • electronic
Governing access note
Digital content provided by hoopla
Isbn
9781626562813
Isbn Type
(electronic bk.)
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
http://library.link/vocab/ext/overdrive/overdriveId
11554463
Publisher number
MWT11554463
Specific material designation
remote
System details
Mode of access: World Wide Web

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