Predatory Value Extraction: How the Looting of the Business Corporation Became the US Norm and How Sustainable Prosperity Can Be Restored - Lazonick, William (Professor of Economics, Professor of Economics, University of Massachusetts Lowell) - Books - Oxford University Press - 9780198846772 - December 4, 2019
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Predatory Value Extraction: How the Looting of the Business Corporation Became the US Norm and How Sustainable Prosperity Can Be Restored

Lazonick, William (Professor of Economics, Professor of Economics, University of Massachusetts Lowell)

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Predatory Value Extraction: How the Looting of the Business Corporation Became the US Norm and How Sustainable Prosperity Can Be Restored

This book explains how an ideology of corporate resource allocation known as 'maximizing shareholder value' (MSV) that emerged in the 1980s undermined the social foundations of sustainable prosperity in the United States, resulting in rising inequality and slow productivity growth, and sets out an agenda for restoring sustainable prosperity.


256 pages

Media Books     Hardcover Book   (Book with hard spine and cover)
Released December 4, 2019
ISBN13 9780198846772
Publishers Oxford University Press
Pages 252
Dimensions 165 × 236 × 19 mm   ·   512 g