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Table of Contents
Who Stole Our Market Economy?; Preface; Acknowledgments; Contents; About the Authors; 1 Introduction; Conclusions; References; 2 What About a Market System?; The Magic of the Market System; The Key Features of a Market System; How Vulnerable Is the Market System?; Five Deadly Social Activities; Deregulation; Merger Mania; Outsourcing; Tax Cuts; Privatization; Top-Down Management; Too Big to Failers; Poor Income Distribution; The Greed Factor; What May Be in Store?; Considering the Quality of Life; Misunderstanding of the Market Economy; Background of Modern CEOs; Conclusions; References.
3 What Is Happening to the US Economy?The Disappearing Magic of the Market Economy; Emergence of a Finance Economy; Critical Implications; Increased Working Poor; More Power for 1 Percenters; Progressive Behavior Is Lacking; Just What Is Blocking Economic Progress?; Bureaucracies; Industrial Giants; Role of Education; Government's Resources; Anti-entrepreneurial Setting; Too Much Emphasis on Present; Increasing Poverty; What About Entrepreneurship?; Conclusions; Appendix; Bureaucratic Barriers to Economic Progress; Introduction; Basic Functions of Bureaucracies.
Dysfunctionality of BureaucraciesBlocking Economic Progress; Remedial Action; Conclusions and Future Research; References; 4 Who Is the Culprit?; The Greed Factor; The Ambition Factor; Dimensions of Ambition; Dimensions of Greed; Contrasting Greed and Ambition; Deadly Sins; Conclusions; References; 5 Deadly Social Activities; One Percenters' Concerns; The Five Deadly Social Activities; Deregulation; Merger Mania; Lowering Taxes; Privatization; Offshoring; Conclusions; References; 6 Regulation or Deregulation; The Law of the Jungle; The Dangers of Not Having Regulations.
The Market System Cannot Work Without RegulationsRegulations and Laws for an Advanced Society; Individual Rights Once Again; Crime Prevention; The Progressive Society; Conclusions; References; 7 Is Merger Mania a Disease?; Why Mergers?; How Significant Is Merger Activity?; The Impact of Merger Mania; A Critical Review; The Need for Entrepreneurship; Conclusions; References; 8 Offshoring: The Big Problem; Why Offshoring?; Reshoring Efforts; Three Key Concepts; Conclusions; References; 9 The Role of Taxation; Coping with Minimum Wages; Proper Salary Scales.
American Innovativeness: Where Are You?Taxation Must Be More Progressive; More on Critical Thinking; Wages and Salaries Must Progress; The Impact of Bush Tax Cuts; Conclusions; References; 10 Privatization; Disastrous Impact on Education; Privatization's Impact on Education; Continuing Propaganda and Lobbying; Privatization of the Prison System; Privatization of Water; Privatization: Where Are We Going?; Private Is Not Better; Conclusions; Appendix; About Increasing Production; The Counterpoint; References; 11 Regaining Our Market System; Progressive Behavior Is Necessary.
3 What Is Happening to the US Economy?The Disappearing Magic of the Market Economy; Emergence of a Finance Economy; Critical Implications; Increased Working Poor; More Power for 1 Percenters; Progressive Behavior Is Lacking; Just What Is Blocking Economic Progress?; Bureaucracies; Industrial Giants; Role of Education; Government's Resources; Anti-entrepreneurial Setting; Too Much Emphasis on Present; Increasing Poverty; What About Entrepreneurship?; Conclusions; Appendix; Bureaucratic Barriers to Economic Progress; Introduction; Basic Functions of Bureaucracies.
Dysfunctionality of BureaucraciesBlocking Economic Progress; Remedial Action; Conclusions and Future Research; References; 4 Who Is the Culprit?; The Greed Factor; The Ambition Factor; Dimensions of Ambition; Dimensions of Greed; Contrasting Greed and Ambition; Deadly Sins; Conclusions; References; 5 Deadly Social Activities; One Percenters' Concerns; The Five Deadly Social Activities; Deregulation; Merger Mania; Lowering Taxes; Privatization; Offshoring; Conclusions; References; 6 Regulation or Deregulation; The Law of the Jungle; The Dangers of Not Having Regulations.
The Market System Cannot Work Without RegulationsRegulations and Laws for an Advanced Society; Individual Rights Once Again; Crime Prevention; The Progressive Society; Conclusions; References; 7 Is Merger Mania a Disease?; Why Mergers?; How Significant Is Merger Activity?; The Impact of Merger Mania; A Critical Review; The Need for Entrepreneurship; Conclusions; References; 8 Offshoring: The Big Problem; Why Offshoring?; Reshoring Efforts; Three Key Concepts; Conclusions; References; 9 The Role of Taxation; Coping with Minimum Wages; Proper Salary Scales.
American Innovativeness: Where Are You?Taxation Must Be More Progressive; More on Critical Thinking; Wages and Salaries Must Progress; The Impact of Bush Tax Cuts; Conclusions; References; 10 Privatization; Disastrous Impact on Education; Privatization's Impact on Education; Continuing Propaganda and Lobbying; Privatization of the Prison System; Privatization of Water; Privatization: Where Are We Going?; Private Is Not Better; Conclusions; Appendix; About Increasing Production; The Counterpoint; References; 11 Regaining Our Market System; Progressive Behavior Is Necessary.