The Profit Paradox : How Thriving Firms Threaten the Future of Work

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자료유형	단행본
서명/저자사항	The Profit Paradox: How Thriving Firms Threaten the Future of Work / Jan Eeckhout.
개인저자	Eeckhout, Jan, author.
형태사항	1 online resource (352 p.) : 5 b/w illus.
ISBN	0691241716 9780691241715
기타표준부호	10.1515/9780691241715doi
내용주기	Frontmatter -- CONTENTS -- 1 Introduction -- PART I The Origins of Market Power -- 2 The Art of Managing the Moat -- 3 Technological Change and Superiority -- PART II The Harmful Consequences of Market Power -- 4 A Falling Tide Lowers All Boats -- 5 Economy of Stars -- 6 Unequal We Stand -- 7 The Gold Watch Myth -- 8 Rich Suburbanite, Poor Suburbanite -- PART III The Future of Work and Finding Solutions -- 9 Plenty of Reasons to Be Optimistic -- 10 The Future of Work -- 11 The Quest for Facts -- 12 Putting the Trust Back into Antitrust -- Epilogue -- Afterword -- ACKNOWLEDGMENTS -- NOTES -- BIBLIOGRAPHY -- INDEX
소장본주기	Added to collection customer.56279.3
요약	A pioneering account of the surging global tide of market power--and how it stifles workers around the worldIn an era of technological progress and easy communication, it might seem reasonable to assume that the world's working people have never had it so good. But wages are stagnant and prices are rising, so that everything from a bottle of beer to a prosthetic hip costs more. Economist Jan Eeckhout shows how this is due to a small number of companies exploiting an unbridled rise in market power--the ability to set prices higher than they could in a properly functioning competitive marketplace. Drawing on his own groundbreaking research and telling the stories of common workers throughout, he demonstrates how market power has suffocated the world of work, and how, without better mechanisms to ensure competition, it could lead to disastrous market corrections and political turmoil.The Profit Paradox describes how, over the past forty years, a handful of companies have reaped most of the rewards of technological advancements--acquiring rivals, securing huge profits, and creating brutally unequal outcomes for workers. Instead of passing on the benefits of better technologies to consumers through lower prices, these "superstar" companies leverage new technologies to charge even higher prices. The consequences are already immense, from unnecessarily high prices for virtually everything, to fewer startups that can compete, to rising inequality and stagnating wages for most workers, to severely limited social mobility.A provocative investigation into how market power hurts average working people, The Profit Paradox also offers concrete solutions for fixing the problem and restoring a healthy economy.
일반주제명	Business enterprises --Technological innovations. Labor market. Manpower policy. Wages. Work. Working class. BUSINESS & ECONOMICS / Economics / General. Business enterprises --Technological innovations. Labor market. Manpower policy. Wages. Work. Working class.
비통제주제어	Advertising.Anheuser-Busch InBev.Asset.Barriers to entry.Beneficiary.Billionaire.Capitalism.Career.Collusion.Competition (economics).Competition.Consumer.Copyright.Cost reduction.Creative destruction.Customer.Demand For Labor.Developed country.Disaster.Disruptive innovation.Division of labour.EBay.Economic development.Economic growth.Economic inequality.Economics.Economist.Economy.Emerging technologies.Employment.Entrepreneurship.Expenditure.Expense.Finance.First-mover advantage.Globalization.Great Recession.Gross domestic product.Household.Incentive.Income.Industry.Inefficiency.Inflation.International trade.Investment.Investor.Invisible hand.J. P. Morgan.Job security.Lobbying.Manufacturing.Market economy.Market power.Markup (business).Mergers and acquisitions.Net worth.Organic growth.Overhead (business).Ownership.Parent company.Percentage.Perfect competition.Politician.Poverty.Prediction.Princeton University Press.Productivity.Profit (economics).Public company.Recession.Retail.Retirement.Revenue.Salary.Saving.Second Industrial Revolution.Share price.Shareholder.Shortage.Stock market.Supervisor.Supply (economics).Supply and demand.Tax rate.Tax.Technological change.Technology.Thomas Robert Malthus.Total cost.Unemployment.Value (economics).Wage.Walmart.Warren Buffett.Wealth.Workforce.World War II.Writing.Year.
언어	In English.
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