Predatory Value Extraction by William Lazonick & Jang-Sup Shin

Predatory Value Extraction

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  • Genre Public Administration
  • Publisher Oxford University Press
  • Released
  • Size 3.01 MB
  • Length 325 Pages

Description

This book explains how an ideology of corporate resource allocation known as 'maximizing shareholder value' (MSV) that emerged in the 1980s undermined the social foundations of sustainable prosperity in the United States, resulting in rising inequality and slow productivity growth, and sets out an agenda for restoring sustainable prosperity.

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