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The profit paradox how thriving firms threaten the future of work

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서명/저자사항The profit paradox : how thriving firms threaten the future of work/ Jan Eeckhout.
개인저자Eeckhout, Jan,author.
발행사항Princeton: Princeton University Press, 2021.
형태사항1 online resource (viii, 327 pages): illustrations.
기타형태 저록Print version: Eeckhout, Jan. Profit paradox. Princeton : Princeton University Press, 2021 9780691214474
ISBN9780691217765
0691217769


서지주기Includes bibliographical references and index.
요약"A book on why most things are more expensive or lower quality, and why we're all still working long hours for the same or lower wages. Does it ever seem like most things you buy are more expensive or not as good as they once were, or both? Does it ever seem odd that, despite having access to much better communication and cheaper transportation, we're all working just as many hours and for the same wages as workers decades ago? Well, we now know you're not wrong to wonder about these things. In recent years, economists have been documenting how most of the gains from technology and globalization have been going to an increasingly concentrated number of huge businesses, at the expense of consumers and workers. Prices are higher and wages are lower. The reason is market power. One of the first to authoritatively document the rise of market power was Jan Eeckhout. In this book, he will explain for a general audience how large firms have faced increasingly little competition, allowing them to charge higher prices than they otherwise could. And how we, as consumers, pay more for many goods and services-"everything from a bottle of beer to a flight to Houston to our grandmother's prosthetic hip." As a result, business profits have soared since 1980, and just a few "mega firms" dominate the marketplace. Eeckhout shows how the rise in market power has had radically negative effects on work and the lives of workers-trends that, if not reversed, may cause historical corrections in the form of wars and market collapse. Drawing on a wealth of research and the stories of working people, The Profit Paradox will explain in clear language the rise of market power, how it could change the world further if left unaddressed, and how we can tackle the problem"--
해제Provided by publisher.
일반주제명Labor market.
Manpower policy.
Business enterprises --Technological innovations.
Work.
Wages.
Working class.
Business enterprises --Technological innovations.
Labor market.
Manpower policy.
Wages.
Work.
Working class.
언어영어
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