Updated paperback edition includes a new chapter and a Reader's Guide ? [ Explores the real causes of the Enron fiasco and other recent corporate scandals ? [ Explodes the myth that the stock market is ''''''''democratizing'''''''' wealth ? [ Gives practical guidance to help employees and communities change corporate governance and unfetter the genius of the free market. Wealth inequality, corporate welfare, and industrial pollution are symptoms -...
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HistoryI highly recommend this book. Personally I have stored my older books by Mises, Hayek, Friedman, etc...away in my basement. Although still on the shelf, even Adam Smith and Ricardo are a bit outdated. Others may still believe in their theories, but I do not. I am looking for someone who can put forth a plan for economic reform. Ideas that again value work and economic stability from which strong families and engaged citizens...
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As much information as I absorb about our state of government, there are still some very broad assumptions which pass under my radar. This book shines a brilliant light on issues that are critically important for ANYONE who wishes to consider themselves 'informed'. The most basic mythology exposed: that those who speculate have superior & perpetual rights over those who earn by labor. The bias in our mass media & legal...
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For anyone who's ever felt a disconnect between what they're hearing about the economy and what they're experiencing personally, Marjorie Kelly's book is very enlightening. She challenges some of the fundamental assumptions we hold about the stock market's role in the overall economy. Particularly in the context of current debates about corporate responsibility legislation and the privatization of Social Security, this book...
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The central aim of "The Divine Right of Capital" is show that the structure and legal basis of the modern American corporation bears a great deal of resemblance to feudal estates of the Middle Ages. However, this situation is at odds with an era that holds democracy to be sacred. Large corporations that draw upon the ideas of an era of aristocratic privilege are contrasted with corporations organized democratically. A secondary...
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The Divine Right of Capital expands on a theme that many Leftist writers allude to but rarely explore in depth: the correlation between the profit motive and the co-optation of our democracy by private corporate interests. Inspired by the work of Thomas Paine -- who in an earlier era helped build support for the American Revolution by communicating to ordinary people in clear, uncluttered prose -- Marjorie Kelly makes her...
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