Employers’ Economics versus Employees’ Economy How Adam Smith’s Legacy Obscures Public Investment in the Private Sector /

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...

Πλήρης περιγραφή

Λεπτομέρειες βιβλιογραφικής εγγραφής
Κύριος συγγραφέας: McDermott, John F. M. (Συγγραφέας)
Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
Γλώσσα:English
Έκδοση: Cham : Springer International Publishing : Imprint: Palgrave Macmillan, 2017.
Θέματα:
Διαθέσιμο Online:Full Text via HEAL-Link
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245 1 0 |a Employers’ Economics versus Employees’ Economy  |h [electronic resource] :  |b How Adam Smith’s Legacy Obscures Public Investment in the Private Sector /  |c by John F. M. McDermott. 
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505 0 |a Chapter 1: We Invest More Than They! -- Chapter 2: The Paradoxes of Market Economics -- Chapter 3: Economics and Mis-Mathematics.-Chapter 4: Cornucopia, Inc..-Chapter 5: From Employees to Servants -- Chapter 6: A Reformed Economic Science and Economic Reform. . 
520 |a 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 increase their profits while misrepresenting the investment of their own global labor forces. This book suggests an "economy of laws" solution that balances the needed degree of central investment planning with the continuation of our pluralist economy of largely autonomous firms, principally by extending the full rights of citizens into the workplace itself. 
650 0 |a Public finance. 
650 0 |a Labor economics. 
650 0 |a Economic history. 
650 1 4 |a Economics. 
650 2 4 |a Public Economics. 
650 2 4 |a Labor Economics. 
650 2 4 |a Economic History. 
710 2 |a SpringerLink (Online service) 
773 0 |t Springer eBooks 
776 0 8 |i Printed edition:  |z 9783319501482 
856 4 0 |u http://dx.doi.org/10.1007/978-3-319-50149-9  |z Full Text via HEAL-Link 
912 |a ZDB-2-ECF 
950 |a Economics and Finance (Springer-41170)