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Absentee Ownership - Business Enterprise in Recent Times - The Case of America (Hardcover)
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Absentee Ownership - Business Enterprise in Recent Times - The Case of America (Hardcover)
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Absentee Ownership is an inquiry into the economic situation as it
has taken shape in the twentieth century, particularly as
exemplified in the case of America. According to Thorstein Veblen,
absentee ownership is the main and immediate controlling interest
in the life of civilized men. It is the paramount issue between the
civilized nations, and guides the conduct of their affairs at home
and abroad. World War I, says Veblen, arose out of a conflict of
absentee interests and the peace was negotiated with a view to
stabilize them. Part I of the book is occupied with a summary
description of that range of economic circumstances and that
sequence of economic growth and change that led up through the
nineteenth century and have come to a head in the twentieth
century. Part II is an objective, theoretical analysis of those
economic circumstances described in the first part of the book.
Marion Levy writes in his introduction about the phrase "absentee
ownership" and how it has a definite connotation, representing a
dark figure in the economic system, a frustration of desired levels
of self-sufficiency. In the early days, the giants of business
enterprise had faces--Rockefeller, Vanderbilt, Ford, Edison--but
they all turned into faceless bureaucracies, says Levy. The giants
may not have been nice, but they had faces and human traits.
Absentee ownership wiped that out for the common man. Veblen's book
continues to be of vital importance to the studies of economics,
political theory, and sociology.
General
Imprint: |
Routledge
|
Country of origin: |
United Kingdom |
Release date: |
October 2017 |
First published: |
1997 |
Authors: |
Thorstein Veblen
|
Dimensions: |
234 x 156mm (L x W) |
Format: |
Hardcover
|
Pages: |
445 |
ISBN-13: |
978-1-138-51859-9 |
Categories: |
Books >
Business & Economics >
Economics >
General
|
LSN: |
1-138-51859-X |
Barcode: |
9781138518599 |
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