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Author: Marjorie Kelly Publisher: Berrett-Koehler Publishers ISBN: 1523004797 Category : Business & Economics Languages : en Pages : 220
Book Description
This powerful analysis explains how the bias toward wealth that is woven into the very fabric of American capitalism is damaging people, the economy, and the planet and explores what the foundations of a new economy could be. This bold manifesto exposes seven myths underlying wealth supremacy—the bias that institutionalizes infinite extraction of wealth by and for the wealthy and is the hidden force behind economic injustice, the climate crisis, and so many other problems of our day: The Myth of Maximizing—No amount of wealth is ever enough. The Myth of Fiduciary Duty—Corporate managers' most sacred duty is to expand capital. The Myth of Corporate Governance—Corporate membership must be reserved for capital alone. The Myth of the Income Statement—Income to capital must always be increased, while income to labor must always be decreased. The Myth of Materiality—Profit—that is, material gain-alone is real, while social and environmental damages are not. The Myth of Takings—The first duty of government must be the protection of private property. The Myth of the Free Market—There should be no limits on the sphere of influence of corporations and capital. Kelly argues instead for the democratization of ownership: public ownership of vital services, worker-owned businesses, and more. And she sketches the outlines of a nonextractive capitalism that would be subordinate to the public interest. This is an ambitious reimagining of the very foundations of our economy and society.
Author: Marjorie Kelly Publisher: Berrett-Koehler Publishers ISBN: 1523004797 Category : Business & Economics Languages : en Pages : 220
Book Description
This powerful analysis explains how the bias toward wealth that is woven into the very fabric of American capitalism is damaging people, the economy, and the planet and explores what the foundations of a new economy could be. This bold manifesto exposes seven myths underlying wealth supremacy—the bias that institutionalizes infinite extraction of wealth by and for the wealthy and is the hidden force behind economic injustice, the climate crisis, and so many other problems of our day: The Myth of Maximizing—No amount of wealth is ever enough. The Myth of Fiduciary Duty—Corporate managers' most sacred duty is to expand capital. The Myth of Corporate Governance—Corporate membership must be reserved for capital alone. The Myth of the Income Statement—Income to capital must always be increased, while income to labor must always be decreased. The Myth of Materiality—Profit—that is, material gain-alone is real, while social and environmental damages are not. The Myth of Takings—The first duty of government must be the protection of private property. The Myth of the Free Market—There should be no limits on the sphere of influence of corporations and capital. Kelly argues instead for the democratization of ownership: public ownership of vital services, worker-owned businesses, and more. And she sketches the outlines of a nonextractive capitalism that would be subordinate to the public interest. This is an ambitious reimagining of the very foundations of our economy and society.
Author: Edgar Villanueva Publisher: Berrett-Koehler Publishers ISBN: 1523097914 Category : Business & Economics Languages : en Pages : 227
Book Description
Decolonizing Wealth is a provocative analysis of the dysfunctional colonial dynamics at play in philanthropy and finance. Award-winning philanthropy executive Edgar Villanueva draws from the traditions from the Native way to prescribe the medicine for restoring balance and healing our divides. Though it seems counterintuitive, the philanthropic industry has evolved to mirror colonial structures and reproduces hierarchy, ultimately doing more harm than good. After 14 years in philanthropy, Edgar Villanueva has seen past the field's glamorous, altruistic façade, and into its shadows: the old boy networks, the savior complexes, and the internalized oppression among the “house slaves,” and those select few people of color who gain access. All these funders reflect and perpetuate the same underlying dynamics that divide Us from Them and the haves from have-nots. In equal measure, he denounces the reproduction of systems of oppression while also advocating for an orientation towards justice to open the floodgates for a rising tide that lifts all boats. In the third and final section, Villanueva offers radical provocations to funders and outlines his Seven Steps for Healing. With great compassion—because the Native way is to bring the oppressor into the circle of healing—Villanueva is able to both diagnose the fatal flaws in philanthropy and provide thoughtful solutions to these systemic imbalances. Decolonizing Wealth is a timely and critical book that preaches for mutually assured liberation in which we are all inter-connected.
Author: Richard A. D'Aveni Publisher: Simon and Schuster ISBN: 0684871807 Category : Competition Languages : en Pages : 346
Book Description
HYPER-COMPETITION, 'the modern-day analogue to The Art of War' (Fortune), gave managers no holds barred strategies to create chaos, seize control of their industries, and rout rivals. Now, Richard D'Aveni shows how managers in large and mid-size global companies can defend themselves from these hyper-competitive attacks, squash revolutionary upstarts, and fashion a favourable world for themselves. Throughout history, great powers have built and reshaped their territory, absorbeed or deflected revolutions (most of which fail anyway), and managed their relations with one overriding aim: strategic supremacy. Here, D'Aveni demonstrates how global corporations can do likewise in a hyper-competitive world. They must reconceptualize traditional portfolios into powerful competitive arsenals he calls 'spheres of interest' (like Disney and Microsoft); douse disruptions using counter-revolutionary tactics (Anheuser-Busch bought the microbrew industry); contain competitors of equal size (like NBC did ABD; and master the art of competitive configuration (like Proctor & Gamble and Johnson & Johnson).
Author: Marjorie Kelly Publisher: Berrett-Koehler Publishers ISBN: 1609945220 Category : Business & Economics Languages : en Pages : 343
Book Description
A collection of company profiles that “succeeds in demonstrating how more sustainable business ventures can function in practice” (Publishers Weekly). As long as businesses are set up to focus exclusively on maximizing financial income for the few, our economy will be locked into endless growth and widening inequality. But now people are experimenting with new forms of ownership, which Marjorie Kelly calls generative: aimed at creating the conditions for life for many generations to come. These designs may hold the key to the deep transformation our civilization needs. To understand these emerging alternatives, Kelly reports from all over the world, visiting a community-owned wind facility in Massachusetts, a lobster cooperative in Maine, a multibillion-dollar employee-owned department-store chain in London, a foundation-owned pharmaceutical company in Denmark, a farmer-owned dairy in Wisconsin, and other places where a hopeful new economy is being built. Along the way, she finds the five essential patterns of ownership design that make these models work. “This magnificent book is a kind of recipe for how civilization might cope with its too-big-to-fail problem. It’s a hardheaded, clear-eyed, and therefore completely moving account of what a different world might look like—what it already does look like in enough places that you will emerge from its pages inspired to get involved.” —Bill McKibben, author of Deep Economy
Author: Jared A. Ball Publisher: Springer Nature ISBN: 3030423557 Category : Business & Economics Languages : en Pages : 116
Book Description
This Palgrave Pivot offers a history of and proof against claims of "buying power" and the impact this myth has had on understanding media, race, class and economics in the United States. For generations Black people have been told they have what is now said to be more than one trillion dollars of "buying power," and this book argues that commentators have misused this claim largely to blame Black communities for their own poverty based on squandered economic opportunity. This book exposes the claim as both a marketing strategy and myth, while also showing how that myth functions simultaneously as a case study for propaganda and commercial media coverage of economics. In sum, while “buying power” is indeed an economic and marketing phrase applied to any number of racial, ethnic, religious, gender, age or group of consumers, it has a specific application to Black America.
Author: Marjorie Kelly Publisher: Berrett-Koehler Publishers ISBN: 1523099941 Category : Social Science Languages : en Pages : 220
Book Description
Seven principles for a just and sustainable system, accompanied by true stories of “the people creating the institutions of the next economy” (Kat Taylor, cofounder, Beneficial State Bank). The extractive economy we live with now—designed by the 1 percent for the 1 percent—enables the financial elite to squeeze out maximum gain for themselves, heedless of damage to people or planet. But in this compelling book, Marjorie Kelly and Ted Howard show that there is a new economy emerging, focused on helping everyone thrive while respecting planetary boundaries. At a time when competing political visions are at stake the world over, this book urges a move beyond tinkering at the margins to address the systemic crisis of our economy. Kelly and Howard outline seven principles of what they call a Democratic Economy: community, inclusion, place (keeping wealth local), good work (putting labor before capital), democratized ownership, ethical finance, and sustainability. Each principle is paired with a place putting it into practice: Pine Ridge, Preston, Portland, Cleveland, and more. Included are stories not just of activists and grassroots leaders but of the unexpected accomplices of the Democratic Economy. Seeds of a future beyond corporate capitalism and state socialism are being planted in hospital procurement departments, pension fund offices, and even company boardrooms. The future remains uncertain—but Kelly and Howard help us understand how to nurture and grow those seeds into an equitable, ecologically sustainable economy that benefits all of us, not just the billionaires. “As champions of worker and community ownership, Kelly and Howard remind us that economic democracy is essential to political democracy and a viable human future.” —David Korten, author of When Corporations Rule the World
Author: Donald Yacovone Publisher: Vintage ISBN: 0593467167 Category : Education Languages : en Pages : 465
Book Description
A powerful exploration of the past and present arc of America’s white supremacy—from the country’s inception and Revolutionary years to its 19th century flashpoint of civil war; to the Civil Rights movement of the 1960s and today’s Black Lives Matter. “The most profoundly original cultural history in recent memory.” —Henry Louis Gates, Jr., Harvard University “Stunning, timely . . . an achievement in writing public history . . . Teaching White Supremacy should be read widely in our roiling debate over how to teach about race and slavery in classrooms." —David W. Blight, Sterling Professor of American History, Yale University; author of the Pulitzer Prize–winning Frederick Douglass: Prophet of Freedom Donald Yacovone shows us the clear and damning evidence of white supremacy’s deep-seated roots in our nation’s educational system through a fascinating, in-depth examination of America’s wide assortment of texts, from primary readers to college textbooks, from popular histories to the most influential academic scholarship. Sifting through a wealth of materials from the colonial era to today, Yacovone reveals the systematic ways in which this ideology has infiltrated all aspects of American culture and how it has been at the heart of our collective national identity. Yacovone lays out the arc of America’s white supremacy from the country’s inception and Revolutionary War years to its nineteenth-century flashpoint of civil war to the civil rights movement of the 1960s and today’s Black Lives Matter. In a stunning reappraisal, the author argues that it is the North, not the South, that bears the greater responsibility for creating the dominant strain of race theory, which has been inculcated throughout the culture and in school textbooks that restricted and repressed African Americans and other minorities, even as Northerners blamed the South for its legacy of slavery, segregation, and racial injustice. A major assessment of how we got to where we are today, of how white supremacy has suffused every area of American learning, from literature and science to religion, medicine, and law, and why this kind of thinking has so insidiously endured for more than three centuries.
Author: Robert B. Williams Publisher: Taylor & Francis ISBN: 1315395576 Category : Business & Economics Languages : en Pages : 221
Book Description
The American Dream is under assault. This threat results not from a lack of means, but from an unwillingness to share. Total household wealth increased by half in the past generation, but barely one fifth of American households captured this new wealth. For the rest, the dream of owning a home, gaining a secure retirement, and ensuring a college education for their kids is disappearing. Worse still, the widening wealth divide largely tracks our racial fault lines. The Privileges of Wealth investigates the impact of the rising concentration of wealth. It describes how households accumulate wealth along three pathways: household saving, appreciation of assets, and family gifts and inheritances. In addition, federal wealth policies, in the form of assorted tax deductions and credits, act as a fourth pathway that favors wealthy households. For those with means, each pathway operates as a virtuous cycle enabling families to build wealth with increasing ease. For those without, these same pathways are experienced as vicious cycles. The issue of wealth privilege is even more pronounced when examining the racial wealth gap. Typically, White households own ten times the wealth of Black or Latino families. This chasm results from the durability and transferability of wealth across generations and serves as a persistent legacy of our history of racial enslavement, expropriation, and exclusion. Current policies favoring the wealthy are simply cementing these wealth disparities. This book explains how these sources of wealth privilege are systemic features of our economy and the basis of rising disparities. The arguments and evidence presented here offer a compelling case for how our current policies are undermining the American Dream for most Americans while fortifying a White plutocracy, with dire consequences for us all.
Author: Maribel Morey Publisher: UNC Press Books ISBN: 1469664755 Category : Social Science Languages : en Pages : 329
Book Description
Since its publication in 1944, many Americans have described Gunnar Myrdal's An American Dilemma as a defining text on U.S. race relations. Here, Maribel Morey confirms with historical evidence what many critics of the book have suspected: An American Dilemma was not commissioned, funded, or written with the goal of challenging white supremacy. Instead, Morey reveals it was commissioned by Carnegie Corporation president Frederick Keppel, and researched and written by Myrdal, with the intent of solidifying white rule over Black people in the United States. Morey details the complex global origins of An American Dilemma, illustrating its links to Carnegie Corporation's funding of social science research meant to help white policymakers in the Anglo-American world address perceived problems in their governance of Black people. Morey also unpacks the text itself, arguing that Myrdal ultimately complemented his funder's intentions for the project by keeping white Americans as his principal audience and guiding them towards a national policy program on Black Americans that would keep intact white domination. Because for Myrdal and Carnegie Corporation alike, international order rested on white Anglo-Americans' continued ability to dominate effectively.
Author: Marjorie Kelly
Author: Marjorie Kelly
Author: Edgar Villanueva
Author: Richard A. D'Aveni
Author: Marjorie Kelly
Author: Jared A. Ball
Author: Marjorie Kelly
Author: Donald Yacovone
Author: Robert B. Williams
Author: Maribel Morey
Author: Ernst M. Conradie