Title
Black Markets... and Business Blues: The Manmade Crisis of 20072009 and the Road to a New Capitalism,Used
Sold by Ergodebooks, an authorized reseller.
Returns accepted within 30 days | support@ergodebooks.com
Shipping Information
- Free Standard Shipping — United States only
- Processing Time: 1–3 business days
- Estimated Delivery: 3–5 business days after dispatch
- Double-boxed, fully insured & discreetly packaged
- Tracking number sent via email once dispatched
- Orders over $250 require signature upon delivery. Taxes calculated at checkout.
Returns & Refund
Returns accepted within 30 days of delivery.
Damaged or Defective Item
Free return shipping + replacement or full refund
Wrong Item Received
Free return shipping + replacement or full refund
Change of Mind
Return shipping at customer's expense · 25% restocking fee applies
Payment Option
In Ottawa, Brussels, Paris, Berlin, London, some policy makers in and around governments nudged their society towards the American model of business and finance, write Professors Allaire and Firsirotu. Shareholders , now a changing, transient and impatient cohort of funds and speculators, want to dictate business decisions. The black markets of finance, the unregulated, secretive, barely licit, parts of the financial markets, have thrived and infected the entire economic system. Business blues, a feeling of insecurity and unfairness, pervades publicly traded companies as richly paid executives take all measures to boost share price, protect their precarious job, and please their financial masters. This system crashed in the fall of 2008. This is the time and opportunity, write the authors, for societies and their governments to make radical changes before the shaken, destabilized maestros of finance recover their aplomb. Whether that latest crisis leads the U.S. to adopt truly different economic arrangements remains unanswered, even doubtful. However, now that the American system of economics and finance has lost its lustre, other societies may, and should, choose to arrange their economic institutions in ways that suit them. What is required, according to the authors, is a new capitalism, a capitalism based on forms of business ownership and compensation which will maintain or bring back some level of trust and loyalty within companies, a long term perspective in their management and a due consideration of the stakeholders that give companies their legitimacy and purpose. The authors argue persuasively for a set of policies that will bring about this new form of capitalism, one that yields and countenances the good society.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.