000 | 04029cam a2200421 i 4500 | ||
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001 | on1154112858 | ||
003 | OCoLC | ||
005 | 20240726105215.0 | ||
008 | 200421s2020 maua ob 001 0 eng | ||
010 | _a2020012327 | ||
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_aDLC _beng _erda _cDLC _dOCLCO _dOCLCF _dYDX _dNT _dYDX _dTXM _dTEFOD _dRECBK _dUMI _dEBLCP _dOCLCO _dVLB _dSFB |
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_a9781647820077 _q((electronic)l(electronic)ctronic) |
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042 | _apcc | ||
043 | _an-us--- | ||
050 | 0 | 4 |
_aHB501 _b.W446 2020 |
049 | _aMAIN | ||
100 | 1 |
_aMartin, Roger L., _e1 |
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245 | 1 | 0 |
_aWhen more is not better : _bovercoming America's obsession with economic efficiency / _cRoger L. Martin. |
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_aBoston, Massachusetts : _bHarvard Business Review Press, _c(c)2020. |
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_a1 online resource : _billustrations |
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_atext _btxt _2rdacontent |
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_acomputer _bc _2rdamedia |
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_aonline resource _bcr _2rdacarrier |
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_adata file _2rda |
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_aIntroduction: A system out of balance -- _tPart A. Problem: The American economy as an efficient machine -- _tThe chain of imperfection -- _tTowards a Pareto economy -- _tThe American economy as a natural system -- _tPart B. Solutions: Achieving balance in America's natural system -- _tAn agenda for business executives -- _tAn agenda for political leaders -- _tAn agenda for educators -- _tAn agenda for citizens -- _tClosing thoughts. |
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_a"American democratic capitalism is in danger. How can we save it? For its first 200 years, the American economy exhibited truly impressive performance. The combination of democratically elected governments and a capitalist system worked, with ever-increasing levels of efficiency, spurred by division of labor, international trade, and scientific management of companies. By the nation's bicentenary in 1976, the American economy was the envy of the world. But since then, outcomes have changed dramatically. Growth in the economic prosperity of the average American family has slowed to a crawl, while the wealth of the richest Americans has grown to a level never seen before. This imbalance threatens the American democratic capitalist system, which only works when the average family benefits enough to keep voting for it. In this bracing yet constructive book, world-renowned business thinker Roger Martin starkly outlines the fundamental problem: we have treated the economy as a machine for which the pursuit of ever-greater efficiency is considered an inherently good thing. But it has become too much of a good thing. Our obsession with efficiency has inadvertently shifted the shape of our economic outcomes: from a large middle class and smaller numbers of rich and poor (think of a bell-shaped curve) to a greater share of benefits accruing to a thin tail of already rich Americans (a Pareto distribution). We must stop treating the economy as a perfectible machine, Martin argues, and shift toward viewing it as a complex adaptive system in which we must seek a fundamental balance of efficiency with resilience. To achieve this, we need to keep in mind the whole while working on the component parts; pursue improvement, not perfection; and relentlessly tweak instead of attempting to find permanent solutions. Filled with keen economic insight and advice for citizens, executives, policymakers, and educators, When More Is Not Better is the must-read guide for saving democratic capitalism"-- _cProvided by publisher. |
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_aCapitalism _zUnited States. |
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650 | 0 | _aDistribution (Economic theory) | |
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_aIndustrial efficiency _zUnited States. |
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650 | 0 | _aElectronic books. | |
655 | 1 | _aElectronic Books. | |
856 | 4 | 0 |
_uhttps://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=2357768&site=eds-live&custid=s3260518 _zClick to access digital title | log in using your CIU ID number and my.ciu.edu password |
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_cOB _D _eEB _hHB _m2020 _QOL _R _x _8NFIC _2LOC |
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_a92 _bNT |
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_c92598 _d92598 |
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_a1 _bCynthia Snell _c1 _dCynthia Snell |