Title
The Profit Paradox: How Thriving Firms Threaten The Future Of Work,New
Delivery time: 8-12 business days (International)
A Pioneering Account Of The Surging Global Tide Of Market Powerand How It Stifles Workers Around The Worldin An Era Of Technological Progress And Easy Communication, It Might Seem Reasonable To Assume That The Worlds Working People Have Never Had It So Good. But Wages Are Stagnant And Prices Are Rising, So That Everything From A Bottle Of Beer To A Prosthetic Hip Costs More. Economist Jan Eeckhout Shows How This Is Due To A Small Number Of Companies Exploiting An Unbridled Rise In Market Powerthe Ability To Set Prices Higher Than They Could In A Properly Functioning Competitive Marketplace. Drawing On His Own Groundbreaking Research And Telling The Stories Of Common Workers Throughout, He Demonstrates How Market Power Has Suffocated The World Of Work, And How, Without Better Mechanisms To Ensure Competition, It Could Lead To Disastrous Market Corrections And Political Turmoil.The Profit Paradox Describes How, Over The Past Forty Years, A Handful Of Companies Have Reaped Most Of The Rewards Of Technological Advancementsacquiring Rivals, Securing Huge Profits, And Creating Brutally Unequal Outcomes For Workers. Instead Of Passing On The Benefits Of Better Technologies To Consumers Through Lower Prices, These Superstar Companies Leverage New Technologies To Charge Even Higher Prices. The Consequences Are Already Immense, From Unnecessarily High Prices For Virtually Everything, To Fewer Startups That Can Compete, To Rising Inequality And Stagnating Wages For Most Workers, To Severely Limited Social Mobility.A Provocative Investigation Into How Market Power Hurts Average Working People, The Profit Paradox Also Offers Concrete Solutions For Fixing The Problem And Restoring A Healthy Economy.
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Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Frequently Asked Questions
- Q: What is the main topic of The Profit Paradox? A: The Profit Paradox explores how increasing market power among a few large companies impacts wages, prices, and overall economic inequality, ultimately threatening the future of work.
- Q: Who is the author of The Profit Paradox? A: The book is authored by Jan Eeckhout, an economist known for his research on market power and its effects on the economy.
- Q: What is the publication date of The Profit Paradox? A: The Profit Paradox was published on June 1, 2021.
- Q: How many pages does The Profit Paradox have? A: The book contains a total of 336 pages.
- Q: What type of binding does The Profit Paradox have? A: The book is available in hardcover binding.
- Q: What are the key themes discussed in The Profit Paradox? A: Key themes include technological advancements, market power exploitation, rising inequality, stagnant wages, and potential solutions for restoring a competitive economy.
- Q: Is The Profit Paradox suitable for general readers? A: Yes, The Profit Paradox is written for a general audience and provides accessible insights into complex economic issues.
- Q: What solutions does The Profit Paradox propose? A: The book offers concrete solutions aimed at improving market competition and reducing the negative effects of market power on workers.
- Q: Can The Profit Paradox help understand current economic challenges? A: Yes, the book provides a relevant analysis of current economic challenges related to market power and its effects on workers and consumers.
- Q: Where can I purchase The Profit Paradox? A: The Profit Paradox can be purchased from various online retailers, including major bookstores and e-commerce platforms.