Publisher's Synopsis
In an era of Citizens United and 8-figure paychecks for CEOs, most of us imagine that corporations have never been more powerful. Yet public corporations - companies that sell shares to the public, rather than being privately owned - are in retreat in the US, while alternative ways of organising business, are on the rise. To many this will sound like good news but Gerald Davis points out that there's a considerable downside. In their heyday public corporations provided good salaries, benefits, training, lifetime employment, and retirement pensions features that are conspicuously absent from newer models championed by companies like Uber. This book explains the rise of the large American corporation, it's role in greatly expanding the middle class, and the economic pressures that are making it unsustainable.
