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"A progressive takedown of the uber-capitalist status quo that has enriched millionaires and billionaires at the expense of the working class, and a blueprint for what transformational change would actually look like. It's OK to be angry about capitalism. Reflecting on our turbulent times, Senator Bernie Sanders takes on the billionaire class and speaks blunt truths about our country's failure to address the destructive nature of a system that is...
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In Third Wave Capitalism, John Ehrenreich documents the emergence of a new stage in the history of American capitalism. Just as the industrial capitalism of the nineteenth century gave way to corporate capitalism in the twentieth, recent decades have witnessed corporate capitalism evolving into a new phase, which Ehrenreich calls "Third Wave Capitalism."
Third Wave Capitalism is marked by apparent contradictions: Rapid growth in productivity and lagging...
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Most commonly accepted economic "facts" are wrong Here's the unvarnished, politically incorrect truth. The liberal media and propagandists masquerading as educators have filled the world—and deformed public policy—with politically correct errors about capitalism and economics in general. In The Politically Incorrect Guide(tm) to Capitalism, myth-busting professor Robert P. Murphy, a scholar and frequent speaker at the Ludwig von...
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In the early 20th century, business elites, trade associations, wealthy powerbrokers, and media allies set out to build a new American orthodoxy: down with "big government" and up with unfettered markets. With startling archival evidence, Oreskes and Conway document campaigns to rewrite textbooks, combat unions, and defend child labor. They detail the ploys that turned hardline economists Friedrich von Hayek and Milton Friedman into household names;...
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"In 1981, Jack Welch took over General Electric and quickly rose to fame as the first celebrity CEO. He golfed with presidents, mingled with movie stars, and was idolized for growing GE into the most valuable company in the world. But Welch's achievements didn't stem from some greater intelligence or business prowess. Rather, they were the result of a sustained effort to push GE's stock price ever higher, often at the expense of workers, consumers,...
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We see it everywhere:
• shady zoning regulations in a small town;
• taxpayer money diverted into political campaigns;
• deals that enrich the few at the expense of the many;
• billion-dollar bailouts;
• trillions of newly printed dollars flowing from government to Wall Street at giveaway interest rates;
• Brand-name economists hired to defend the indefensible with a smokescreen of economic theory.
When private interests need a political...
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In 2004, Carl Schramm, president of the Kauffman Foundation, the world's leading foundation for entrepreneurship, published a groundbreaking essay with a radical premise: that Americans literally have no conception of the secret that truly underlies our economic success, and that for the United States to survive and continue to lead the world's economy, it is imperative we learn to understand and employ that secret. The secret that has led the American...
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How the financial system undermined social ideals, damaged trust in the markets, robbed investors of trillions--and what to do about it.
There is no one better qualified to tell us about the failures of the American financial system and the grotesque abuses that have taken place in recent years than John C. Bogle, founder and former chief executive of the Vanguard mutual fund group. This legendary mutual fund pioneer has witnessed firsthand the
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The sustainable business expert and author of Climate Solutions presents a plan to upgrade capitalism to meet the challenges of the twenty-first century.
The commons-the collective natural and cultural resources that belong to all of humanity-is currently under siege. It is being squandered under our current version of corporate, globalized capitalism. This is Capitalism 2.0. And, according to Peter Barnes, we're long overdue for an upgrade.
Our...
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Pulitzer Prize-winning economic journalist Steven Pearlstein argues that our thirty year experiment in unfettered markets has undermined core values required to make capitalism and democracy work. Thirty years ago, "greed is good" and "maximizing shareholder value" became the new mantras woven into the fabric of our business culture, economy, and politics. Although, around the world, free market capitalism has lifted more than a billion people from...
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Although the terrorist attacks of 11 September 2001 shocked the world, America has confronted terrorism at home for well over a century. With the invention of dynamite in 1866, Americans began to worry about anonymous acts of mass violence in a way that differed from previous generations' fears of urban riots, slave uprisings, and mob violence. Focusing on the volatile period between the 1886 Haymarket bombing and the 1920 bombing outside J. P. Morgan's...
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In 1956, a U.S. lawyer-economist, Louis O. Kelso, created the employee stock ownership plan (ESOP) to enable the employees of a closely held newspaper chain to buy out its retiring owners. Two years later, Kelso and his co-author, the philosopher Mortimer J. Adler, explained the macro-economic theory on which the ESOP is based in this best-selling book, The Capitalist Manifesto."When you read this book, you must be prepared for a shock-particularly...
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The Myth of Capitalism tells the story of how America has gone from an open, competitive marketplace to an economy where a few very powerful companies dominate key industries that affect our daily lives. Digital monopolies like Google, Facebook, and Amazon act as gatekeepers to the digital world. Amazon is capturing almost all online shopping dollars. We have the illusion of choice, but for most critical decisions, we have only one or two companies,...
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WHY FEEL EMBARRASSED BY BUSINESS? Every American benefits every day from the phenomenal productivity of the free market, so why do so many people feel guilty or skeptical about our business system? In this passionately argued, eye-opening book, talk-radio star and bestselling author Michael Medved provides detailed and devastating rebuttals to the most widely circulated smears against capitalism. MYTH: Big business is bad, small business is good....
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We all know that the very rich have gotten a lot richer these past few decades while most Americans haven't. In fact, the exorbitantly paid have continued to thrive during the current economic crisis, even as the rest of Americans have fallen behind. Why do the "have-it-alls" have so much more? Lots of so-called experts claim to have solved this great mystery, but no one has really gotten to the bottom of it-until now.In their lively and provocative...
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Argues that the solution to increasing income inequality in the United States is not to increase taxes on the rich, but to phase out welfare programs and create a culture of achievement.
To save the American Dream we're told that we need to fight inequality through tax hikes, wealth redistribution schemes, and a far higher minimum wage. Watkins and Brook believe that the American Dream is under attack-- but that the real key to making America a freer,...
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