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Employers Economics versus Employees Economy

How Adam Smiths Legacy Obscures Public Investment in the Private Sector

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  • 204 pages
  • 8 hours of reading

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Challenging traditional economic theories, this book highlights how public investment in education and workforce training surpasses private investment, contradicting Adam Smith's merchant's model. It explores how consensual pricing, business diversification, and authoritarian practices in global companies distort the assumed economic framework. By exposing the reliance on public support for corporate profits, it proposes an "economy of laws" approach that seeks to harmonize central planning with the autonomy of firms, advocating for extending citizens' rights into the workplace.

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Employers Economics versus Employees Economy, John F. M. McDermott

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Released
2017
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(Hardcover)
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