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The Corporate Republic: Economics of Power - Paul A. Zecos
The Corporate Republic: Economics of Power
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Since 1973, Fortune 1000 corporations have performed very poorly on average. Despite acquisitions, the group collectively has eliminated over 2 million jobs and has significantly and consistently underperformed in comparison to the rest of the economy. The roots of the United States' economic... show more
Since 1973, Fortune 1000 corporations have performed very poorly on average. Despite acquisitions, the group collectively has eliminated over 2 million jobs and has significantly and consistently underperformed in comparison to the rest of the economy. The roots of the United States' economic problems in terms of growth, overleverage, and inability to compete on a worldwide basis are seeded in large public corporations. The problem with these corporations is that they are internally socialistic and dictatorial and, thus, pruduce the same type of results and problems as socialistic-dictatorial nations like the Soviet Union, Czechoslovakia, and China. Large corporations inherently are unable to grow fast enough over the long term for the same reasons that nations with similar governances can't grow. A more capitalistic and more Republican governance is recommended. The rationale for its implementation are described in this book and supported by illustative cases. --- from book's dustjacket
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Format: Unknown Binding
ISBN: 9780962192005 (0962192007)
Publisher: Paul A. Zecos
Pages no: 176
Edition language: English
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