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Book Cover for: The Vanishing American Corporation: Navigating the Hazards of a New Economy (Large Print 16pt), Gerald F. Davis

The Vanishing American Corporation: Navigating the Hazards of a New Economy (Large Print 16pt)

Gerald F. Davis

Paperback, Large Print
Regular price$43.99With free membership trial$22.0050% off your first book+ Free shipping
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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.

Book Details

  • Publisher: ReadHowYouWant
  • Publish Date: May 2nd, 2016
  • Pages: 368
  • Language: English
  • Edition: undefined - undefined
  • Dimensions: 10.00in - 7.00in - 0.76in - 1.40lb
  • EAN: 9781458734938
  • Recommended age: 18-UP
  • Categories: • Insurance - General• Economic History• Corporate & Business History - General

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Book Cover for: The Vanishing American Corporation: Navigating the Hazards of a New Economy (16pt Large Print Edition), Gerald F. Davis
Book Cover for: Taming Corporate Power in the 21st Century, Gerald F. Davis
Book Cover for: The Vanishing American Corporation: Navigating the Hazards of a New Economy, Gerald F. Davis

What people are saying

Mentioner image for: Institute For The Future
Institute For The Future
@iftf
3 years

Nonprofit with 50+ years of leading the world in strategic futures & the battle against short-termism #equitableenterprise #IFTFVantage #IFTFForesightEssentials

. @mgorbis talks w/ @vanishingcorp, author of The Vanishing American Corporation, about how we can encourage enterprises that provide good jobs #TYF2021 #equitableenterprise @IFTF_inequality https://t.co/iFaiuDm4TV

twitter.com
Mentioner image for: Timothy Noah
Timothy Noah
@TimothyNoah1
2 years

Staff writer, New Republic. Prev. Politico, Slate, WSJ. Email: tnoah@tnr.com. Mastodon: https://t.co/SyJRuxsYIQ Post News: https://t.co/hBLt1j07Ql

@earlymodjustice Corporate governance is authoritarian not because corporations have gotten strong but because they’ve gotten weak, their every move dictated by Wall Street. See also Gerald F. Davis, “The Vanishing American Corporation.” https://t.co/R4BWipU9af

twitter.com

What people are saying

Mentioner image for: Institute For The Future
Institute For The Future
@iftf
3 years

Nonprofit with 50+ years of leading the world in strategic futures & the battle against short-termism #equitableenterprise #IFTFVantage #IFTFForesightEssentials

. @mgorbis talks w/ @vanishingcorp, author of The Vanishing American Corporation, about how we can encourage enterprises that provide good jobs #TYF2021 #equitableenterprise @IFTF_inequality https://t.co/iFaiuDm4TV

twitter.com
Mentioner image for: Timothy Noah
Timothy Noah
@TimothyNoah1
2 years

Staff writer, New Republic. Prev. Politico, Slate, WSJ. Email: tnoah@tnr.com. Mastodon: https://t.co/SyJRuxsYIQ Post News: https://t.co/hBLt1j07Ql

@earlymodjustice Corporate governance is authoritarian not because corporations have gotten strong but because they’ve gotten weak, their every move dictated by Wall Street. See also Gerald F. Davis, “The Vanishing American Corporation.” https://t.co/R4BWipU9af

twitter.com
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