The Profit Paradox / Jan Eeckhout

Public ISBD Titre : The Profit Paradox : How Thriving Firms Threaten the Future of Work Type de document : texte imprimé Auteurs : Jan Eeckhout, Auteur Editeur : Princeton University Press Année de publication : 2021 Importance : 327 p Note générale : 01 EEC Langues : Anglais (eng) Tags : Capitalisme  Monopole  Croissance économique  Salaire  Economie numérique Index. décimale : 01 Economie Résumé : In an era of technological progress and easy communication, it might seem reasonable to assume that the world’s working people have never had it so good. But wages are stagnant and prices are rising, so that everything from a bottle of beer to a prosthetic hip costs more. Economist Jan Eeckhout shows how this is due to a small number of companies exploiting an unbridled rise in market power—the ability to set prices higher than they could in a properly functioning competitive marketplace. Drawing on his own groundbreaking research and telling the stories of common workers throughout, he demonstrates how market power has suffocated the world of work, and how, without better mechanisms to ensure competition, it could lead to disastrous market corrections and political turmoil. The Profit Paradox : How Thriving Firms Threaten the Future of Work [texte imprimé] / Jan Eeckhout, Auteur . - [S.l.] : Princeton University Press, 2021 . - 327 p. 01 EEC Langues : Anglais (eng) Tags : Capitalisme  Monopole  Croissance économique  Salaire  Economie numérique Index. décimale : 01 Economie Résumé : In an era of technological progress and easy communication, it might seem reasonable to assume that the world’s working people have never had it so good. But wages are stagnant and prices are rising, so that everything from a bottle of beer to a prosthetic hip costs more. Economist Jan Eeckhout shows how this is due to a small number of companies exploiting an unbridled rise in market power—the ability to set prices higher than they could in a properly functioning competitive marketplace. Drawing on his own groundbreaking research and telling the stories of common workers throughout, he demonstrates how market power has suffocated the world of work, and how, without better mechanisms to ensure competition, it could lead to disastrous market corrections and political turmoil.

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