 |
recommend book⇒The Rigged Game: Corporate America and A People Betrayed | |||
| by | John Hively | 978-1-55164-280-2 | paperback | |
|---|---|---|---|---|
| publisher | Black Rose | 978-1-55164-281-9 | hardcover | |
| published | 2006-07-15 | |||
| This is a book about how a tiny wealthy elite, through corporations, have absconded with a larger and larger share of the wealth from the working people. It also analyses the consequence of doing this to excess, such as happened in the Great Depression. To boost dividends, corporations lay off employees, outsource or reduce wages. The wealthy who now have the lion’s share of the money don’t buy more food, stereos etc. They invest their wealth. So over all, when many corporations do this at once, demand for goods collapses and the economy goes into recession. Similarly, to boost dividends, co-operating so-called competitors simultaneously raise their prices. This is the opposite of what you normally do in times of slowing sales. The strategy lowers demand even further, in a vicious downward spiral. | ||||
| Greyed out stores probably do not have the item in stock. Try looking for it with a bookfinder. | ||||
 |
available on the web at: |
http://mindprod.com/book/9781551642802.html |
optional Replicator mirror
|
J:\mindprod\book\9781551642802.html | |
 |
Please email your
feedback for publication,
letters to the editor, errors, omissions, typos, formatting errors, ambiguities, unclear
wording, broken/redirected link reports, suggestions to improve this page or comments to
Roedy Green :
 .
If you want your message, your name or email kept confidential,
not considered for public posting, please explicitly specify that.
Unless you state otherwise,
I will treat your message as a letter to the editor that I may or may not publish
in the
feedback section.
After that, it will be too late to retract it.
If you disagree with something I said, especially when sending an ad-hominem attack,
a rant composed mainly of obscenities or a death threat, please quote the offending passage
and cite the web page where you found it, tell me why you think it is wrong,
and, if possible, provide some supporting evidence.
I can’t very well fix erroneous or ambiguous text if I can’t find it. | |
| no blog for this page | Canadian
Mind
Products
IP:[65.110.21.43] Your face IP:[54.242.233.11] |
|
| Feedback | You are visitor number 1. | |
