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| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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211217b xxu||||| |||| 00| 0 eng d |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER |
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| International Standard Book Number |
9780691214474 |
| 082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER |
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| Classification number |
331.1 |
| Item number |
EEC |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
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| Personal name |
Eeckhout, Jan |
| 245 ## - TITLE STATEMENT |
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| Title |
Profit Paradox : How Thriving Firms Threaten the Future of Work |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
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| Name of publisher, distributor, etc |
Princeton University Press |
| Date of publication, distribution, etc |
2021 |
| Place of publication, distribution, etc |
Princeton : |
| 300 ## - PHYSICAL DESCRIPTION |
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| Extent |
viii, 327 p. ; |
| Other physical details |
ill., |
| Dimensions |
24 cm |
| 365 ## - TRADE PRICE |
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| Price amount |
27.95 |
| Price type code |
USD |
| Unit of pricing |
78.20 |
| 504 ## - BIBLIOGRAPHY, ETC. NOTE |
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| Bibliography, etc |
Includes bibliographical references and index. |
| 520 ## - SUMMARY, ETC. |
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| Summary, etc |
In an era of technological progress and easy communication, it might seem reasonable to assume that the world's working people have never had it so good. But wages are stagnant and prices are rising, so that everything from a bottle of beer to a prosthetic hip costs more. Economist Jan Eeckhout shows how this is due to a small number of companies exploiting an unbridled rise in market power the ability to set prices higher than they could in a properly functioning competitive marketplace. Drawing on his own groundbreaking research and telling the stories of common workers throughout, he demonstrates how market power has suffocated the world of work, and how, without better mechanisms to ensure competition, it could lead to disastrous market corrections and political turmoil. The Profit Paradox describes how, over the past forty years, a handful of companies have reaped most of the rewards of technological advancements acquiring rivals, securing huge profits, and creating brutally unequal outcomes for workers. Instead of passing on the benefits of better technologies to consumers through lower prices, these "superstar" companies leverage new technologies to charge even higher prices. The consequences are already immense, from unnecessarily high prices for virtually everything, to fewer startups that can compete, to rising inequality and stagnating wages for most workers, to severely limited social mobility. A provocative investigation into how market power hurts average working people, The Profit Paradox also offers concrete solutions for fixing the problem and restoring a healthy economy. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Technological innovations |
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| Topical term or geographic name as entry element |
Work |
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| Topical term or geographic name as entry element |
Market |
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| Topical term or geographic name as entry element |
Wages |
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| Topical term or geographic name as entry element |
Business enterprises |
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| Topical term or geographic name as entry element |
Labor market |
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| Topical term or geographic name as entry element |
Manpower policy |
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| Topical term or geographic name as entry element |
Working class |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
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| Source of classification or shelving scheme |
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| Item type |
Books |