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Laddar... Power, Inc.: The Epic Rivalry Between Big Business and Government--and the Reckoning That Lies Aheadav David Rothkopf
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The world's largest company, Wal-Mart Stores, has revenues higher than the gross domestic product of all but twenty-five of the world's countries. Its employees outnumber the populations of almost one hundred nations. The world's largest asset manager, a New York company called BlackRock, controls assets greater than the national reserves of any country on the planet. A private philanthropy, the Gates Foundation, spends as much worldwide on health care as the World Health Organization. The rise of private power may be the most important and least understood trend of our time. Power, Inc. provides a fresh, timely look at how we have reached a point where thousands of companies have greater power than all but a handful of states. Beginning with the story of an inquisitive Swedish goat wandering off from his master and inadvertently triggering the birth of the oldest company still in existence, Power, Inc. follows the rise and fall of kings and empires, the making of great fortunes, and the chaos of bloody revolutions. A fast-paced tale in which champions of liberty are revealed to be paid pamphleteers of moneyed interests and greedy scoundrels trigger changes that have lifted billions from deprivation, Power, Inc. traces the bruising jockeying for influence right up to today's financial crises, growing inequality, broken international system, and battles over the proper role of government and markets. Rothkopf argues that these recent developments, coupled with the rise of powers like China and India, may not lead to the triumph of American capitalism that was celebrated just a few years ago. Instead, he considers an unexpected scenario, a contest among competing capitalisms offering different visions for how the world should work, a global ideological struggle in which European and Asian models may have important advantages. An important look at the power struggle that is defining our times, Power, Inc. also offers critical insights into how to succeed in the years ahead. Inga biblioteksbeskrivningar kunde hittas. |
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Google Books — Laddar... GenrerMelvil Decimal System (DDC)322.3Social sciences Political Science Relation of the state to organized groups and their members Business and industryKlassifikation enligt LCBetygMedelbetyg:
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Since the 1970's, with the takeover of the GOP by plutocrats behind the "Reagan Revolution", the power of the private monopolist stock companies which Adam Smith warned us about, has grown, and the resources of Government have shrunk to a smaller percentage than ever before in America.
Major corporations, operating "off-shore", now hold bigger reserves than most countries' GDPs. The world's currencies are only a small fraction of the cumulative value of the world's securities and derivatives, most of which are barely "regulated" or even understood. Few can rationally "rate" or valuate a Credit Default Swap marketed secretly by private investment banking houses.
Rothkopf wxpects the disparities in income will grow because they have gained clout worldwide and no Government is big enough to protect the freedom of the markets in which they are traded, and the massive wealth results in a "privatization" of the government or its outright corruption by lobbyists. With income disparity--led by China, and with the fastest "growth" in America--will come a complete collapse of the public sector. The oligarchs despise "government", regarded as "interference" with what is in effect, neofeudalist fiefdoms.
Rothkopf recognizes that a healthy society needs both a public and private sector. He fails to come to grips with the fact that the private sector does not recognize this "need" for the long-term values of a middle-class building infrastructure provided by a robust public sector. ( )