Who stole our market economy? : the desperate need for socioeconomic progress

• Main Author: Samli, A. Coskun (Author)
• Format: Electronic eBook
• Language: English
• Published: Cham, Switzerland : Palgrave Macmillan, [2017]
• Subjects: United States > Economic conditions > 2009-; Capitalism > United States > 21st century.; United States.; Since 2000; elektronické knihy; electronic books
• ISBN: 9783319538013; 9783319538006
• Physical Description: 1 online resource

This book discusses the current landscape of our market economy, which is in the hands of financiers and billionaires who decrease competition as well as consumer power. In order for society to fully thrive and provide its members higher living standards and quality of life, it must distribute and d...

Table of Contents:

• Who Stole Our Market Economy?; Preface; Acknowledgments; Contents; About the Authors; 1 Introduction; Conclusions; References; 2 What About a Market System?; The Magic of the Market System; The Key Features of a Market System; How Vulnerable Is the Market System?; Five Deadly Social Activities; Deregulation; Merger Mania; Outsourcing; Tax Cuts; Privatization; Top-Down Management; Too Big to Failers; Poor Income Distribution; The Greed Factor; What May Be in Store?; Considering the Quality of Life; Misunderstanding of the Market Economy; Background of Modern CEOs; Conclusions; References.
• 3 What Is Happening to the US Economy?The Disappearing Magic of the Market Economy; Emergence of a Finance Economy; Critical Implications; Increased Working Poor; More Power for 1 Percenters; Progressive Behavior Is Lacking; Just What Is Blocking Economic Progress?; Bureaucracies; Industrial Giants; Role of Education; Government's Resources; Anti-entrepreneurial Setting; Too Much Emphasis on Present; Increasing Poverty; What About Entrepreneurship?; Conclusions; Appendix; Bureaucratic Barriers to Economic Progress; Introduction; Basic Functions of Bureaucracies.
• Dysfunctionality of BureaucraciesBlocking Economic Progress; Remedial Action; Conclusions and Future Research; References; 4 Who Is the Culprit?; The Greed Factor; The Ambition Factor; Dimensions of Ambition; Dimensions of Greed; Contrasting Greed and Ambition; Deadly Sins; Conclusions; References; 5 Deadly Social Activities; One Percenters' Concerns; The Five Deadly Social Activities; Deregulation; Merger Mania; Lowering Taxes; Privatization; Offshoring; Conclusions; References; 6 Regulation or Deregulation; The Law of the Jungle; The Dangers of Not Having Regulations.
• The Market System Cannot Work Without RegulationsRegulations and Laws for an Advanced Society; Individual Rights Once Again; Crime Prevention; The Progressive Society; Conclusions; References; 7 Is Merger Mania a Disease?; Why Mergers?; How Significant Is Merger Activity?; The Impact of Merger Mania; A Critical Review; The Need for Entrepreneurship; Conclusions; References; 8 Offshoring: The Big Problem; Why Offshoring?; Reshoring Efforts; Three Key Concepts; Conclusions; References; 9 The Role of Taxation; Coping with Minimum Wages; Proper Salary Scales.
• American Innovativeness: Where Are You?Taxation Must Be More Progressive; More on Critical Thinking; Wages and Salaries Must Progress; The Impact of Bush Tax Cuts; Conclusions; References; 10 Privatization; Disastrous Impact on Education; Privatization's Impact on Education; Continuing Propaganda and Lobbying; Privatization of the Prison System; Privatization of Water; Privatization: Where Are We Going?; Private Is Not Better; Conclusions; Appendix; About Increasing Production; The Counterpoint; References; 11 Regaining Our Market System; Progressive Behavior Is Necessary.