Author: Ken-Hou Lin
Publisher: Oxford University Press, USA
ISBN: 0190638311
Category : Business & Economics
Languages : en
Pages : 241
Book Description
Finance is an inescapable part of American life. From how one pursues an education, buys a home, runs a business, or saves for retirement, finance orders the lives of ordinary Americans. And as finance continues to expand, inequality soars. In Divested, Ken-Hou Lin and Megan Tobias Neely demonstrate why widening inequality cannot be understood without examining the rise of big finance. The growth of the financial sector has dramatically transformed the American economy by redistributing resources from workers and families into the hands of owners, executives, and financial professionals. The average American is now divested from a world driven by the maximization of financial profit. Lin and Neely provide systematic evidence to document how the ascendance of finance on Wall Street, Main Street, and among households is a fundamental cause of economic inequality. They argue that finance has reshaped the economy in three important ways. First, the financial sector extracts resources from the economy at large without providing economic benefits to those outside the financial services industry. Second, firms in other economic sectors have become increasingly involved in lending and investing, which weakens the demand for labor and the bargaining power of workers. And third, the escalating consumption of financial products by households shifts risks and uncertainties once shouldered by unions, corporations, and governments onto families. A clear, comprehensive, and convincing account of the forces driving economic inequality in America, Divested warns us that the most damaging consequence of the expanding financial system is not simply recurrent financial crises but a widening social divide between the have and have-nots.
Divested
The Truth Divested of Mystery; Or, the Scriptures Scripturally Unfolded Relative to the First Principles of Truth ... By Philaleethes
A Theory of Natural Philosophy on Mechanical Principles Divested of All Immaterial Chymical Properties, Showing for the First Time the Physical Cause of Continuous Motion
Author: T. H. Pasley
Publisher:
ISBN:
Category : Mechanics
Languages : en
Pages : 466
Book Description
Publisher:
ISBN:
Category : Mechanics
Languages : en
Pages : 466
Book Description
Federal Trade Commission Decisions
Author: United States. Federal Trade Commission
Publisher:
ISBN:
Category : Competition, Unfair
Languages : en
Pages : 1188
Book Description
Publisher:
ISBN:
Category : Competition, Unfair
Languages : en
Pages : 1188
Book Description
Annual Report of the Securities and Exchange Commission
Author: United States. Securities and Exchange Commission
Publisher:
ISBN:
Category : Securities
Languages : en
Pages : 300
Book Description
Publisher:
ISBN:
Category : Securities
Languages : en
Pages : 300
Book Description
Lectures on Jurisprudence
Author: John Austin
Publisher:
ISBN:
Category : Jurisprudence
Languages : en
Pages : 678
Book Description
Publisher:
ISBN:
Category : Jurisprudence
Languages : en
Pages : 678
Book Description
Corporate Divestitures
Author: William J. Gole
Publisher: John Wiley & Sons
ISBN: 9780470293485
Category : Business & Economics
Languages : en
Pages : 320
Book Description
Providing practical application of best practices employed in the divestiture process, Corporate Divestitures provides you with detailed guidance on how your corporation should handle a divestiture. It provides a structured approach that emphasizes disciplined execution and illustrative documents and application aids that can be adapted for use in real-world situations.
Publisher: John Wiley & Sons
ISBN: 9780470293485
Category : Business & Economics
Languages : en
Pages : 320
Book Description
Providing practical application of best practices employed in the divestiture process, Corporate Divestitures provides you with detailed guidance on how your corporation should handle a divestiture. It provides a structured approach that emphasizes disciplined execution and illustrative documents and application aids that can be adapted for use in real-world situations.
Papercraft Corporation V. Federal Trade Commission
Code of Federal Regulations
Author:
Publisher:
ISBN:
Category : Banking law
Languages : en
Pages : 962
Book Description
Special edition of the Federal register, containing a codification of documents of general applicability and future effect as of Jan. ... with ancillaries.
Publisher:
ISBN:
Category : Banking law
Languages : en
Pages : 962
Book Description
Special edition of the Federal register, containing a codification of documents of general applicability and future effect as of Jan. ... with ancillaries.