Modern Economic Predation: War, Corporate Fraud, and Cruel Chimera of Labor Market Reforms
Galbraith, James K.
Modern Economic Predation: War, Corporate Fraud, and Cruel Chimera of Labor Market Reforms - 2006.
59
Just as growth defined the age of which Kuznets wrote his 1966 classic, Modern Economic Growth, so predation defines ours. This paper establishes the pedigree of the principle of economic predation in the theory of the leisure class outlined in the evolutionary political economy of Veblen. It then proposes updated applications in three topical fields: war (in Iraq), corporate governance (in the United States saving and loans bankruptcy), and the campaign for what is called “labor market reform” (in Europe).
Modern Economic Predation: War, Corporate Fraud, and Cruel Chimera of Labor Market Reforms - 2006.
59
Just as growth defined the age of which Kuznets wrote his 1966 classic, Modern Economic Growth, so predation defines ours. This paper establishes the pedigree of the principle of economic predation in the theory of the leisure class outlined in the evolutionary political economy of Veblen. It then proposes updated applications in three topical fields: war (in Iraq), corporate governance (in the United States saving and loans bankruptcy), and the campaign for what is called “labor market reform” (in Europe).
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