The Vanishing American Corporation by Gerald F Davis

The Vanishing American Corporation by Gerald F Davis

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The Vanishing American Corporation by Gerald F Davis

It may be hard to believe in an era of Walmart, Citizens United, and the Koch brothers, but corporations are on the decline. The number of American companies listed on the stock market dropped by half between 1996 and 2012. In recent years we've seen some of the most storied corporations go bankrupt (General Motors, Chrysler, Eastman Kodak) or disappear entirely (Bethlehem Steel, Lehman Brothers, Borders). Gerald Davis argues this is a root cause of the income inequality and social instability we face today. Corporations were once an integral part of building the middle class. He points out that in their heyday they offered millions of people lifetime employment, a stable career path, health insurance, and retirement pensions. They were like small private welfare states. The businesses that are replacing them will not fill the same role. For one thing, they employ far fewer people - the combined global workforces of Facebook, Yelp, Zynga, LinkedIn, Zillow, Tableau, Zulily, and Box are smaller than the number of people who lost their jobs when Circuit City was liquidated in 2009. And in the ''sharing economy, '' companies have no obligation to most of the people who work for them - at the end of 2014 Uber had over 160,000 ''driver - partners'' in the United States but recognized only about 2,000 people as actual employees. Davis tracks the rise of the large American corporation and the economic, social, and technological developments that have led to its decline. The future could see either increasing economic polarization, as careers turn into jobs and jobs turn into tasks, or a more democratic economy built from the grass roots. It's up to us.
Gerald Davis has authored eight books, some of which are printed in four languages. He earned his Doctor of Divinity from Gulf Coast Seminary in Panama City, Florida.

Some of his peers have dubbed him the preacher that makes the Bible come alive. Many ministers know Gerald as a pastors' pastor.

Gerald has the following mandate from God: Teach My people how to get from now until dying time walking in success.

To learn more about Gerald, visit www.geralddavis.org.
SKU Unavailable
ISBN 13 9781458734938
ISBN 10 1458734935
Title The Vanishing American Corporation
Author Gerald F Davis
Condition Unavailable
Binding Type Paperback
Publisher ReadHowYouWant
Year published 2016-05-02
Number of pages 344
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.