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The speculation economy : how finance triumphed over industry / Lawrence E. Mitchell.

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Lippincott Library HC103 .M684 2007
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Format:
Book
Author/Creator:
Mitchell, Lawrence E.
Series:
BK currents book
A BK currents book
Language:
English
Subjects (All):
United States--Economic policy.
United States.
Economic policy.
Industries--United States.
Industries.
Corporations--United States.
Corporations.
Finance--United States.
Finance.
Speculation--United States.
Speculation.
Physical Description:
xiii, 395 pages ; 24 cm.
Edition:
First edition.
Place of Publication:
San Francisco, CA : Berrett-Koehler Publishers, [2007]
Summary:
As the 20th century dawned there was a silent but fateful transformation in the purpose of the American economy. Finance stopped serving industry and twisted industry to serve its own ends. THE SPECULATION ECONOMY shows this reversal of economic priorities, and its sometimes-disastrous consequences, demonstrated most recently by Enron.
Contents:
The principle of cooperation
Sanctuary
Transcendental value
The new property
The complex whole
Much ado about nothing
Panic and progress
The speculation economy
The end of reform
Manufacturing securities.
Notes:
Includes bibliographical references (pages 344-377) and index.
ISBN:
9781576754009
1576754006
OCLC:
136777874

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