The Profit Paradox: How Thriving Firms Threaten the Future of Work Eeckhout Jan
The Profit Paradox: How Thriving Firms Threaten the Future of Work Eeckhout Jan A pioneering account of the surging global tide of market power--and how it stifles workers around the worldIn an era…
Specifikacia The Profit Paradox: How Thriving Firms Threaten the Future of Work Eeckhout Jan
The Profit Paradox: How Thriving Firms Threaten the Future of Work Eeckhout Jan
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. 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. But wages are stagnant and prices are rising, so that everything from a bottle of beer to a prosthetic hip costs more.
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
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