99 percent economy: how democratic socialism can overcome the crises of capitalism

By:

Adler, Paul S

Material type: Text

TextSeries: Clarendon Lectures in Management StudiesPublication details: Oxford University Press New York 2019Description: vi, 232 pISBN:

9780190931889

Subject(s):

DDC classification:

330.122 ADL

Summary: We live in a time of crises - economic turmoil, workplace disempowerment, unresponsive government, environmental degradation, social disintegration, and international rivalry. In The 99 Percent Economy, Paul S. Adler, a leading expert on business management, argues that these crises are destined to deepen unless we radically transform our economy. But despair is not an option, and Adler provides a compelling alternative: democratic socialism. He argues that to overcome these crises we need to assert democratic control over the management of both individual enterprises and the entire national economy. To show how that would work, he draws on a surprising source of inspiration: the strategic management processes of many of our largest corporations. In these companies, the strategy process promises to involve and empower workers and to ensure efficiency and innovation. In practice, this promise is rarely realized, but in principle, that process could be consolidated within enterprises and it could be scaled-up to the national level. Standing in the way? Private ownership of society's productive resources, which is the foundation of capitalism's ruthless competition and focus on private gain at the cost of society, the environment, and future generations. Adler shows how socialized, public ownership of our resources will enable democratic councils at the local and national levels to decide on our economic, social, and environmental goals and on how to reach them. The growing concentration of industry makes this socialization step ever easier. Democratic socialism is not a leap into the unknown, Adler shows. Capitalist industry has built the foundations for a world beyond capitalism and its crises. (https://global.oup.com/academic/product/the-99-percent-economy-9780190931889?cc=in&lang=en&#)

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Holdings
Item type	Current library	Collection	Call number	Copy number	Status	Date due	Barcode
Book	Indian Institute of Management LRC General Stacks	Public Policy & General Management	330.122 ADL (Browse shelf(Opens below))	1	Checked out	03/01/2025	007400

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Previous	330.12 PRA My views and reviews: on contemporary policies and industries: Vol ii	330.12 PRA My views and reviews: on contemporary policies and industries: Vol ii	330.12 SAN It's ok to be angry about capitalism	330.122 ADL 99 percent economy: how democratic socialism can overcome the crises of capitalism	330.122 BAR Re-imagining capitalism	330.122 BRU Capitalism and christianity: origins, spirit and betrayal of the market economy	330.122 CAM What capitalism needs:	Next

Table of content:
Introduction

1. Five crises
2. The capitalist roots of these crises
3. A growing tension
4. The promise and limits of reform
5. Managing our economy, democratically and effectively
6. A democratic socialist America
7 . Getting there
References

[https://global.oup.com/academic/product/the-99-percent-economy-9780190931889?cc=in&lang=en&#]

We live in a time of crises - economic turmoil, workplace disempowerment, unresponsive government, environmental degradation, social disintegration, and international rivalry. In The 99 Percent Economy, Paul S. Adler, a leading expert on business management, argues that these crises are destined to deepen unless we radically transform our economy.

But despair is not an option, and Adler provides a compelling alternative: democratic socialism. He argues that to overcome these crises we need to assert democratic control over the management of both individual enterprises and the entire national economy. To show how that would work, he draws on a surprising source of inspiration: the strategic management processes of many of our largest corporations. In these companies, the strategy process promises to involve and empower workers and to ensure efficiency and innovation. In practice, this promise is rarely realized, but in principle, that process could be consolidated within enterprises and it could be scaled-up to the national level.

Standing in the way? Private ownership of society's productive resources, which is the foundation of capitalism's ruthless competition and focus on private gain at the cost of society, the environment, and future generations. Adler shows how socialized, public ownership of our resources will enable democratic councils at the local and national levels to decide on our economic, social, and environmental goals and on how to reach them. The growing concentration of industry makes this socialization step ever easier.

Democratic socialism is not a leap into the unknown, Adler shows. Capitalist industry has built the foundations for a world beyond capitalism and its crises.

(https://global.oup.com/academic/product/the-99-percent-economy-9780190931889?cc=in&lang=en&#)

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