Supercapitalism
The Transformation of Business, Democracy, and Everyday Life
by Robert B. Reich · first published 2007
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You should take a look at the book 'Supercapitalism" by Robert Reich - it may give you a new perspective on how business has evolved over the past 30 years. One of the major themes is that the focus went from people as citizens and unto people as consumers.…
on “Don’t Mistake Ambition for Entitlement” ↗Just curious - have you read Supercapitalism by Robert Reich? He tries to explain the reasons for the various changes in American capitalism over the past 50 years.
on “Don’t Mistake Ambition for Entitlement” ↗…participant (duh). As long as investors and consumers indulge in irrational exuberance like there's no tomorrow CEO will continue to be overpaid and bubble will burst. Robert Reich says it best in his book Supercapitalism.
on “Stock Market Meltdowns - Why they will happen again and again and again” ↗Two great books on this topic you may have already read - Robert Putnam's "Bowling Alone" as well as Supercapitalism by Robert Reich. Reading these two works has really shifted my view on regulation and govenment in general from "something other people do" to something I think about in a more participatory way. Putnam…
on “The Modern Workforce” ↗…be paid on time and want repeat business (4) Customers, who want great products at the minimum price possible I'm American. One thing I've noticed reading economic histories of the US, such as Reich's Supercapitalism, is how shareholder/profit-oriented US business became, around say, the late 1970s/early 1980s. This was the heyday of leveraged buyouts, and I can't help but think that, in terms of operating quality…
on “Whole Foods is struggling” ↗