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03280aam a2200445 i 4500 001 01D7C622E9E911EBBBC9467A3DECA4DB 003 SILO 005 20210721010052 008 210105s2021 njua b 001 0 eng 010 $a 2020052907 020 $a 0691226385 020 $a 9780691226385 020 $a 0691214476 020 $a 9780691214474 035 $a (OCoLC)1201298004 040 $a DLC $b eng $e rda $c DLC $d OCLCO $d OCLCF $d YDX $d MRB $d AUPTL $d ZWZ $d IOU $d SILO 042 $a pcc 082 00 $a 331.1 $2 23 100 1 $a Eeckhout, Jan, $e author. 245 14 $a The profit paradox : $b how thriving firms threaten the future of work / $c Jan Eeckhout. 246 30 $a How thriving firms threaten the future of work 264 1 $a Princeton : $b Princeton University Press, $c 2021. 300 $a viii, 327 pages : $b illustrations ; $c 24 cm 504 $a Includes bibliographical references and index. 520 $a "A book on why most things are more expensive or lower quality, and why we're all still working long hours for the same or lower wages. Does it ever seem like most things you buy are more expensive or not as good as they once were, or both? Does it ever seem odd that, despite having access to much better communication and cheaper transportation, we're all working just as many hours and for the same wages as workers decades ago? Well, we now know you're not wrong to wonder about these things. In recent years, economists have been documenting how most of the gains from technology and globalization have been going to an increasingly concentrated number of huge businesses, at the expense of consumers and workers. Prices are higher and wages are lower. The reason is market power. One of the first to authoritatively document the rise of market power was Jan Eeckhout. In this book, he will explain for a general audience how large firms have faced increasingly little competition, allowing them to charge higher prices than they otherwise could. And how we, as consumers, pay more for many goods and services-"everything from a bottle of beer to a flight to Houston to our grandmother's prosthetic hip." As a result, business profits have soared since 1980, and just a few "mega firms" dominate the marketplace. Eeckhout shows how the rise in market power has had radically negative effects on work and the lives of workers-trends that, if not reversed, may cause historical corrections in the form of wars and market collapse. Drawing on a wealth of research and the stories of working people, The Profit Paradox will explain in clear language the rise of market power, how it could change the world further if left unaddressed, and how we can tackle the problem"-- $c Provided by publisher. 650 0 $a Labor market. 650 0 $a Manpower policy. 650 0 $a Business enterprises $x Technological innovations. 650 0 $a Work. 650 0 $a Wages. 650 0 $a Working class. 941 $a 6 952 $l FGPD194 $d 20240515012903.0 952 $l BOPG851 $d 20231010023209.0 952 $l XXPH787 $d 20211002015552.0 952 $l KSPG296 $d 20210813014646.0 952 $l GBPF771 $d 20210803014651.0 952 $l BAPH771 $d 20210721010424.0 956 $a http://locator.silo.lib.ia.us/search.cgi?index_0=id&term_0=01D7C622E9E911EBBBC9467A3DECA4DB 994 $a C0 $b IOUInitiate Another SILO Locator Search