Songs Of Profit Songs Of Loss Private Equity Wealth And Inequality

Author by : Daniel Scott Souleles
Languange : en
Publisher by : U of Nebraska Press
Format Available : PDF, ePub, Mobi
Total Read : 12
Total Download : 673
File Size : 44,6 Mb
GET BOOK

Description : Since the early 1980s, private equity investors have heralded and shepherded massive changes in American capitalism. From outsourcing to excessive debt taking, private equity investment helped normalize once-taboo business strategies while growing into an over $3 trillion industry in control of thousands of companies and millions of workers. Daniel Scott Souleles opens a window into the rarefied world of private equity investing through ethnographic fieldwork on private equity financiers. Songs of Profit, Songs of Loss documents how and why investors buy, manage, and sell the companies that they do; presents the ins and outs of private equity deals, management, and valuation; and explains the historical context that gave rise to private equity and other forms of investor-led capitalism. In addition to providing invaluable ethnographic insight, Songs of Profit, Songs of Loss is also an anthropological study of inequality as Souleles connects the core components of financial capitalism to economic disparities. Souleles uses local ideas of “value” and “time” to frame the ways private equity investors comprehend their work and to show how they justify the prosperity and poverty they create. Throughout, Souleles argues that understanding private equity investors as contrasted with others in society writ large is essential to fully understanding private equity within the larger context of capitalism in the United States.


The Routledge Handbook Of Critical Finance Studies

Author by : Christian Borch
Languange : en
Publisher by : Routledge
Format Available : PDF, ePub, Mobi
Total Read : 77
Total Download : 446
File Size : 45,7 Mb
GET BOOK

Description : There has been an increasing interest in financial markets across sociology, history, anthropology, cultural studies, and related disciplines over the past decades, with particular intensity since the 2007–2008 crisis which prompted new analyses of the workings of financial markets and how “scandals of Wall Street” might have huge societal ramifications. The sociologically inclined landscape of finance studies is characterized by different more or less well- established homogeneous camps, with more micro-empirical, social studies of finance approaches on the one end of the spectrum and more theoretical, often neo-Marxist approaches, on the other. Yet alternative approaches are also gaining traction, including work that emphasizes the cultural homologies and interconnections with finance as well as work that, more broadly, is both empirically rigorous and theoretically ambitious. Importantly, across these various approaches to finance, a growing body of literature is taking shape which engages finance in a critical manner. The term “critical finance studies” nonetheless remains largely unfocused and undefined. Against this backdrop, the key rationales of The Routledge Handbook of Critical Finance Studies are firstly to provide a coherent notion of this emergent field and secondly to demonstrate its analytical usefulness across a wide range of central aspects of contemporary finance. As such, the volume will offer a comprehensive guide to students and academics on the field of Finance and Critical Finance Studies, Heterodox Economics, Accounting, and related Management disciplines.


Kochland

Author by : Christopher Leonard
Languange : en
Publisher by : Simon & Schuster
Format Available : PDF, ePub, Mobi
Total Read : 81
Total Download : 863
File Size : 42,6 Mb
GET BOOK

Description : NEW YORK TIMES BESTSELLER * NEW YORK TIMES NOTABLE BOOK OF 2019 * WINNER OF THE J ANTHONY LUKAS WORK-IN-PROGRESS AWARD * FINANCIAL TIMES’ BEST BOOKS OF 2019 * NPR FAVORITE BOOKS OF 2019 * FINALIST FOR THE FINACIAL TIMES/MCKINSEY BUSINESS BOOK OF 2019 * KIRKUS REVIEWS BEST BOOKS OF 2019 * SCHOOL LIBRARY JOURNAL BEST BOOKS OF 2019 “Superb…Among the best books ever written about an American corporation.” —Bryan Burrough, The New York Times Book Review Just as Steve Coll told the story of globalization through ExxonMobil and Andrew Ross Sorkin told the story of Wall Street excess through Too Big to Fail, Christopher Leonard’s Kochland uses the extraordinary account of how one of the biggest private companies in the world grew to be that big to tell the story of modern corporate America. The annual revenue of Koch Industries is bigger than that of Goldman Sachs, Facebook, and US Steel combined. Koch is everywhere: from the fertilizers that make our food to the chemicals that make our pipes to the synthetics that make our carpets and diapers to the Wall Street trading in all these commodities. But few people know much about Koch Industries and that’s because the billionaire Koch brothers have wanted it that way. For five decades, CEO Charles Koch has kept Koch Industries quietly operating in deepest secrecy, with a view toward very, very long-term profits. He’s a genius businessman: patient with earnings, able to learn from his mistakes, determined that his employees develop a reverence for free-market ruthlessness, and a master disrupter. These strategies made him and his brother David together richer than Bill Gates. But there’s another side to this story. If you want to understand how we killed the unions in this country, how we widened the income divide, stalled progress on climate change, and how our corporations bought the influence industry, all you have to do is read this book. Seven years in the making, Kochland “is a dazzling feat of investigative reporting and epic narrative writing, a tour de force that takes the reader deep inside the rise of a vastly powerful family corporation that has come to influence American workers, markets, elections, and the very ideas debated in our public square. Leonard’s work is fair and meticulous, even as it reveals the Kochs as industrial Citizens Kane of our time” (Steve Coll, Pulitzer Prize–winning author of Private Empire).


Hedged Out

Author by : Megan Tobias Neely
Languange : en
Publisher by : Univ of California Press
Format Available : PDF, ePub, Mobi
Total Read : 98
Total Download : 437
File Size : 43,6 Mb
GET BOOK

Description : Preface -- Introduction : hedging in and out -- From financial steward to flash boy -- Pathways to the working rich -- Getting the job -- Inside the firm -- Moving up the ranks -- Reaching the top -- View from the top -- Conclusion : picking winners and losers -- Methodological appendix : studying up.


Anthro Vision

Author by : Gillian Tett
Languange : en
Publisher by : Simon and Schuster
Format Available : PDF, ePub, Mobi
Total Read : 95
Total Download : 549
File Size : 50,5 Mb
GET BOOK

Description : In an age when the business world is dominated by technology and data analysis, award-winning financial journalist and anthropology PhD Gillian Tett presents a radically different strategy for success: businesses can revolutionize their understanding of behavior by studying consumers, markets, and organizations through an anthropological lens. Amid severe digital disruption, economic upheaval, and political flux, how can we make sense of the world? Leaders today typically look for answers in economic models, Big Data, or artificial intelligence platforms. Gillian Tett points to anthropology—the study of human culture. Anthropologists train to get inside the minds of other people, helping them not only to understand other cultures but also to appraise their own environment with fresh perspective as an insider-outsider, gaining lateral vision. Today, anthropologists are more likely to study Amazon warehouses than remote Amazon tribes; they have done research into institutions and companies such as General Motors, Nestlé, Intel, and more, shedding light on practical questions such as how internet users really define themselves; why corporate projects fail; why bank traders miscalculate losses; how companies sell products like pet food and pensions; why pandemic policies succeed (or not). Anthropology makes the familiar seem unfamiliar and vice versa, giving us badly needed three-dimensional perspective in a world where many executives are plagued by tunnel vision, especially in fields like finance and technology. Lively, lucid, and practical, Anthro-Vision offers a revolutionary new way for understanding the behavior of organizations, individuals, and markets in today’s ever-evolving world.


Back To America

Author by : William H. Westermeyer
Languange : en
Publisher by : U of Nebraska Press
Format Available : PDF, ePub, Mobi
Total Read : 62
Total Download : 419
File Size : 51,6 Mb
GET BOOK

Description : Back to America is an ethnography of local activist groups within the Tea Party, one of the most important recent political movements to emerge in the United States and one that continues to influence American politics. Though often viewed as the brainchild of conservative billionaires and Fox News, the success of the Tea Party movement was as much, if not more, the result of everyday activists at the grassroots level. William H. Westermeyer traces how local Tea Party groups (LTPGs) create submerged spaces where participants fashion action-oriented collective and personal political identities forged in the context of cultural or figured worlds. These figured worlds allow people to establish meaningful links between their own lives and concerns, on the one hand, and the movement's goals and narratives, on the other. Collectively, the production and circulation of the figured worlds within LTPGs provide the basis for subjectivities that often nurture political activism. Westermeyer reveals that LTPGs are vibrant and independent local organizations that, while constantly drawing on nationally disseminated cultural images and discourses, are far from simple agents of the larger organizations and the media. Back to America offers a welcome anthropological approach to this important social movement and to our understanding of grassroots political activism writ large.


The Sage Handbook Of Cultural Anthropology

Author by : Lene Pedersen
Languange : en
Publisher by : SAGE
Format Available : PDF, ePub, Mobi
Total Read : 72
Total Download : 987
File Size : 50,8 Mb
GET BOOK

Description : The SAGE Handbook of Cultural Anthropology is an essential resource for social scientists globally and contains a rich body of chapters on all major topics relevant to the field, whilst also presenting a possible road map for the future of the field.


Dark Finance

Author by : Fabio Mattioli
Languange : en
Publisher by : Stanford University Press
Format Available : PDF, ePub, Mobi
Total Read : 44
Total Download : 201
File Size : 48,9 Mb
GET BOOK

Description : Dark Finance offers one of the first ethnographic accounts of financial expansion and its political impacts in Eastern Europe. Following workers, managers, and investors in the Macedonian construction sector, Fabio Mattioli shows how financialization can empower authoritarian regimes—not by making money accessible to everyone, but by allowing a small group of oligarchs to monopolize access to international credit and promote a cascade of exploitative domestic debt relations. The landscape of failed deals and unrealizable dreams that is captured in this book portrays finance not as a singular, technical process. Instead, Matttioli argues that finance is a set of political and economic relations that entangles citizens, Eurocrats, and workers in tense paradoxes. Mattioli traces the origins of illiquidity in the reorganization of the European project and the postsocialist perversion of socialist financial practices—a dangerous mix that hid the Macedonian regime's weakness behind a façade of urban renewal and, for a decade, made it seem omnipresent and invincible. Dark Finance chronicles how, one bad deal at a time, Macedonia's authoritarian regime rode a wave of financial expansion that deepened its reach into Macedonian society, only to discover that its domination, like all speculative bubbles, was teetering on the verge of collapse.


Top Heavy

Author by : Edward N. Wolff
Languange : en
Publisher by : Brookings Inst Press
Format Available : PDF, ePub, Mobi
Total Read : 42
Total Download : 853
File Size : 55,8 Mb
GET BOOK

Description : Once considered the land of opportunity, it is thought that America now has a gap between the haves and the have-nots that is much wider than in Europe, and that the concentration of wealth is at its highest point since World War II. This book places the distribution of household wealth in the USA in a historical and international context. The book aims to establish long-term trends of American wealth inequality and compares them with those of the UK, Sweden, and France. It then points out that a majority of OECD countries have a wealth tax, and explores the potential benefits and costs of a wealth tax in the US along the lines of levies that many European nations charge.


The Hidden Cost Of Being African American

Author by : Thomas M. Shapiro
Languange : en
Publisher by : Oxford University Press, USA
Format Available : PDF, ePub, Mobi
Total Read : 67
Total Download : 251
File Size : 50,8 Mb
GET BOOK

Description : Shapiro, the author of "Black Wealth/White Wealth, " blends personal stories, interviews, empirical data, and analysis to illuminate how family assets produce dramatic consequences in the everyday lives of ordinary citizens.


Inequality And Equity

Author by : Charles T. Stewart
Languange : en
Publisher by : Praeger
Format Available : PDF, ePub, Mobi
Total Read : 51
Total Download : 534
File Size : 47,9 Mb
GET BOOK

Description : Considers distribution not just in terms of income but also in terms of education and health care--two long-term determinants of income.


The Economic Future Of American Families

Author by : Frank Levy
Languange : en
Publisher by : The Urban Insitute
Format Available : PDF, ePub, Mobi
Total Read : 79
Total Download : 532
File Size : 43,7 Mb
GET BOOK

Description : This book analyzes the way families fared in the turbulent economy of the 1970s and 1980s, and a guess about the way today's younger families will manage the next few decades. According to Levy and Michel, each generation of workers is on its own "income track." Initially incomes are heavily influenced by the size of the age group, but later average incomes are influenced by growth in overall business productivity, changes in unemployment rates, average education levels and, for workers who do not go to college, the availability of manufacturing jobs. The authors estimated these relationships for past generations, and project income growth for baby-boom males who entered the labor force in the mid-1970s. They offer familiar remedies to spur productivity growth: raising average skill levels, and increasing personal savings. ISBN 0-87766-486-2: $31.50.


Confronting Income Inequality In Japan

Author by : Toshiaki Tachibanaki
Languange : en
Publisher by : Mit Press
Format Available : PDF, ePub, Mobi
Total Read : 47
Total Download : 531
File Size : 46,6 Mb
GET BOOK

Description : Contrary to general belief, and to Japan's own self-image, inequality of income and wealth distribution in Japan has grown in the past two decades. In this well-written and accessible book, Toshiaki Tachibanaki analyzes the movement toward more income inequality in Japan and offers policy recommendations to counter the trend. Tachibanaki, Japan's leading expert on income distribution, draws on new statistical data covering wealth, inheritance, farm and business holdings, salary, and other relevant factors, to demonstrate that Japan can no longer be thought of as a "90 percent middle-class society." The book, updated and substantially expanded from Tachibanaki's 1998 Japanese bestseller, discusses the history and the causes of Japan's increasing income inequality and analyzes the effect on wealth distribution of intergenerational transfer. Employing cross-national comparisons to the United States and Europe throughout, Confronting Income Inequality in Japan examines the contrast between equality of opportunity and equality of outcome, evaluates equality of opportunity in terms of education and occupation, analyzes the relationship between income distribution and income growth, discusses the role of hierarchical positions in organizations, and considers the differences between welfare states and nonwelfare states. Concluding with policy recommendations, Tachibanaki argues against the belief of some economists that greater inequality is unavoidable if Japan is to achieve a strong economic recovery.


New Rich New Poor New Russia

Author by : Bertram Silverman
Languange : en
Publisher by : Routledge
Format Available : PDF, ePub, Mobi
Total Read : 80
Total Download : 665
File Size : 42,9 Mb
GET BOOK

Description : Why are so many Russians ambivalent about the rapid economic and political changes they have been experiencing over the past decade? To answer that question, this book examines the unequal distribution of the costs and benefits of reform in Russia, its impact on the socioeconomic structure of the population, and the ways in which these changes violate social perceptions of equity and fairness. Among the major issues examined in this context are -- the emergence of the "new poor"; -- the changing economic and social status of women; -- the highly differentiated impact of marketization on various sectors of the working class; -- the social sources of recruitment of Russia's new entrepreneurial class and business elite.


Social Justice And Public Policy

Author by : Anthony Barnes Atkinson
Languange : en
Publisher by : Brighton, Sussex : Wheatsheaf Books
Format Available : PDF, ePub, Mobi
Total Read : 67
Total Download : 675
File Size : 50,9 Mb
GET BOOK

Description :


Development In Malaysia

Author by : Ozay Mehmet
Languange : en
Publisher by : Routledge
Format Available : PDF, ePub, Mobi
Total Read : 26
Total Download : 943
File Size : 42,7 Mb
GET BOOK

Description :