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Title: The Divine Right of Capital: Dethroning the Corporate Aristocracy by Marjorie Kelly, William Greider ISBN: 1-57675-237-2 Publisher: Berrett-Koehler Publishers Pub. Date: 01 January, 2003 Format: Paperback Volumes: 1 List Price(USD): $17.95 |
Average Customer Rating: 4.21 (19 reviews)
Rating: 5
Summary: Highly Recommended!
Comment: In The Divine Right of Capital, Marjorie Kelly has written a thoughtful, somewhat revolutionary book questioning the basic paradigm of corporate capital: maximizing shareholders' earnings. She compares stockholders who own corporate wealth to feudal European aristocracy as she contends that the current system bestows riches on owners - who add little value to the company - while the employees do all the work. She focuses on this argument despite recent history, during which managers have extracted more value from companies than owners. Her book is a fascinating, clearly written and cogently argued attack, although she repeats some of the central points. Kelly covers the six principles that uphold the economic aristocracy and the six qualities needed to shift to the economic democracy she advocates. While we from getAbstract don't agree with Kelly's philosophy, we suspect that her lively book will intrigue economists, academics and others who like to contemplate the way whole systems function, whether for good or ill.
Rating: 5
Summary: Necessary New Perspective
Comment: For anyone who's ever felt a disconnect between what they're hearing about the economy and what they're experiencing personally, Marjorie Kelly's book is very enlightening. She challenges some of the fundamental assumptions we hold about the stock market's role in the overall economy. Particularly in the context of current debates about corporate responsibility legislation and the privatization of Social Security, this book is very important. "The Divine Right of Capital" is a must-read for social justice activists and market conservatives alike as we all try to figure out what to do with this broken system in post-Enron America. Love them or hate them, the ideas Kelly offers up are innovative and groundbreaking.
Note: I've talked to a couple of more radical/anarchist/extreme whatever types who found this a little on the tame side because it's so darn grounded in reality. If you're really about tearing down the whole system (not my approach, but best of luck), there might be more satisfying extremist rants out there. For everyone else, read this now!
Rating: 5
Summary: Essential reading
Comment: As much information as I absorb about our state of government, there are still some very broad assumptions which pass under my radar. This book shines a brilliant light on issues that are critically important for ANYONE who wishes to consider themselves 'informed'.
The most basic mythology exposed: that those who speculate have superior & perpetual rights over those who earn by labor. The bias in our mass media & legal institutions is so outrageous that at first it's difficult to accept just how deeply we are being bluffed.
I am now on my second reading. If you only read one nonfiction book this year (instead of the Wall Street fiction & PR positioned as fact) do yourself a huge favor & buy this book.
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Title: Alternatives to Economic Globalization by John Cavanagh, Jerry Mander, Sarah Anderson, Debi Barker, Maude Barlow, Walden Bello, Robin Broad, Tony Clarke, Edward Goldsmith, Randy Hayes ISBN: 1576752046 Publisher: Berrett-Koehler Pub Pub. Date: 15 November, 2002 List Price(USD): $16.95 |
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Title: Unequal Protection: The Rise of Corporate Dominance and the Theft of Human Rights by Thom Hartmann ISBN: 1579546277 Publisher: Rodale Books Pub. Date: 04 October, 2002 List Price(USD): $26.95 |
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Title: The Post-Corporate World: Life After Capitalism by David C. Korten ISBN: 1887208038 Publisher: Berrett-Koehler Publishers Pub. Date: 30 September, 2000 List Price(USD): $19.95 |
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Title: When Corporations Rule the World by David C. Korten ISBN: 1887208046 Publisher: Berrett-Koehler Pub Pub. Date: 10 May, 2001 List Price(USD): $16.95 |
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Title: The Soul of Capitalism: Opening Paths to a Moral Economy by William Greider ISBN: 0684862190 Publisher: Simon & Schuster Pub. Date: 01 September, 2003 List Price(USD): $28.00 |
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