A SCHOLARLY BOOK REPOSITORY
Because business enterprises are complex institutions, these questions can prove difficult to address. All too often, firms are treated as the atoms of economics, the irreducible unit of analysis. This accessible volume, suitable for course use, looks more closely at the American firm—into its internal workings and its genesis in the Gilded Age. Focusing on the crucial role of imperfect and asymmetric information in the operation of enterprises, Inside the Business Enterprise forges an innovative link between modern economic theory and recent business history.
In recent years, globalization and the expansion of information technologies have reshaped managerial practices, forcing multinational firms to adjust business practices to different environments and domestic companies to adjust to their foreign competitors. In International Differences in the Business Practices and Productivity of Firms, a distinguished group of contributors examines the phenomenon of widespread differences in managerial practices across firms, establishments within firms, and countries.
This volume brings together eight studies that combine qualitative and quantitative insider analysis of business practices such as the use of teams, incentive pay, lean manufacturing, and quality control, revealing the elements that determine which practices are adopted and why. International Differences in the Business Practices and Productivity of Firms offers a much-needed model for measuring the productivity and performance of international firms in a fast-paced global economy.
During the 1970s and 1980s, American manufacturing enterprises saw their technological dominance challenged by increasingly tough competition from abroad. This book investigates business responses to those challenges. On average, F. M. Scherer shows, 308 U.S. companies reacted to rising imports of high-technology products by cutting back research and development expenditures as a percentage of sales. The cutbacks were particularly large in industries protected by voluntary trade restraint agreements and other trade barriers.
Using statistical data and eleven in-depth case studies, Scherer finds that company responses to new high-technology competition from abroad were highly diverse. Aggressive reactions predominated in firms producing color film, wet shavers, medical imaging apparatus, fiber optics, and earth-moving equipment. But the efforts of U.S. manufacturers in other lines such as color television, VCRs, and facsimile machines, were too meager to repel technologically innovative overseas challengers. Exploring why reactions differed so much from case to case, Scherer finds systematic explanations in such variables as the multinationality of enterprises, domestic market structure, links to academic science bases, and the educational background of top managers. He concludes by offering proposals to improve the competitiveness of American high-technology companies.
Have you ever wondered why some work teams greatly out-perform others within the same organizational settings? Have you questioned whether work teams from very different sectors of the economy and society achieved a high performance level by using similar means? Have you considered what you or others might do to help eams increase their chances of becoming truly high performing? Increasing the Odds for High-Performance Teams is written for the business leader who is inquisitive but busy—who seeks new lessons about high team performance but wants them to be succinct and efficient.
The book is intended to assist professionals in private, public, and not-for-profit organizations who want to use teams to enhance job performance. Also, it is intended to be helpful to the team members, team leaders, mentors, coaches, and administrators across these sectors who want to diagnose their team and organizational conditions, in order to make improvements.
Investing in Natural Capital presents the results of a workshop held following the second biannual conference of the International Society for Ecological Economics. It focuses on the relation of human development to natural capital, and the relation of natural capital to environmental processes.
Because we are capable of understanding our impact on the environment and the importance of managing it sustainably, humans play a special role in our ecosystem. The book emphasizes the essential connections between natural ecosystems and human socioeconomic systems, and the importance of insuring that both remain resilient. Specific chapters deal with methodology, case material, and policy questions, and offer a thorough exploration of this provocative and important alternative to conventional economics.
Tracing the fundamental changes of the last forty years in international development policies toward the Third World, Dell details the transformation from a policy of collective responsibility on the part of the international community to the current status, in which the commitment of governments of industrial countries to Third World development is greatly diluted. He examines the growing conflicts in world trade and analyzes the failure of the international economic community to develop a long-run strategy for dealing with the world debt crisis.
Other topics addressed include the future of the international monetary system, the viability of small countries, strategies for development of basic needs, and the prospects for foreign private investment.
Institutions and Economic Performance explores the question of why income per capita varies so greatly across countries. Even taking into account disparities in resources, including physical and human capital, large economic discrepancies remain across countries. Why are some societies but not others able to encourage investments in places, people, and productivity?
The answer, the book argues, lies to a large extent in institutional differences across societies. Such institutions are wide-ranging and include formal constitutional arrangements, the role of economic and political elites, informal institutions that promote investment and knowledge transfer, and others. Two core themes run through the contributors’ essays. First, what constraints do institutions place on the power of the executive to prevent it from extorting the investments and effort of other people and institutions? Second, when are productive institutions self-enforcing?
Institutions and Economic Performance is unique in its melding of economics, political science, history, and sociology to address its central question.
In 2004, U.S. consumers spent $5.2 billion purchasing bottled water while the government only invested 5 percent of that amount to purchase critical watersheds, parks, and wildlife refuges-systems vital to clean water and healthy environments. How can we reverse the direction of such powerful economic forces?
A group of dedicated business-people-turned-environmental-entrepreneurs is pioneering a new set of tools for land conservation deals and other market-based strategies. These pragmatic visionaries have already used these methods to protect millions of acres of land and to transform the practices of entire industries. They are transforming the very nature of conservation by making it profitable.
Drawing on his vast experience in both business and land conservation at The Nature Conservancy (TNC), William Ginn offers a practical guide to these innovative methods and a road map to the most effective way to implement them. From conservation investment banking, to emerging markets for nature's goods and services, to new tax incentives that encourage companies to do the "right" thing, Ginn goes beyond the theories to present real-world applications and strategies. And, just as importantly, he looks at the lessons learned from what has not worked, including his own failed efforts in Papua New Guinea and TNC's controversial compatible development approach in Virginia. In an era of dwindling public resources and scarce charitable dollars, these tools reveal a new, and perhaps the only, pathway to achieving biodiversity goals and protecting our lands.
Conservation professionals, students of land conservation, and entrepreneurs interested in green business will find Ginn's tales of high-finance deals involving vast tracts of pristine land both informative and exciting. More than just talk, Investing in Nature will teach you how to think big about land conservation.
Debates continue to rage over the merits or flaws of public land and whether or not it should be privatized—or at least, radically reconfigured in some way. In Defense of Public Lands offers a comprehensive refutation of the market-oriented arguments. Steven Davis passionately advocates that public land ought to remain firmly in the public’s hands. He reviews empirical data and theoretical arguments from biological, economic, and political perspectives in order to build a case for why our public lands are an invaluable and irreplaceable asset for the American people.
In Defense of Public Lands briefly lays out the history and characteristics of public lands at the local, state, and federal levels while examining the numerous policy prescriptions for their privatization or, in the case of federal lands, transfer. He considers the dimensions of environmental health; markets and valuation of public land, the tensions between collective values and individual preferences, the nature and performance of bureaucratic management, and the legitimacy of interest groups and community decision-making. Offering a fair, good faith overview of the privatizers’ best arguments before refuting them, this timely book contemplates both the immediate and long-term future of our public lands.
Weaving together ethnography, archival research, and cultural history, Bobrow-Strain argues that prior to the upheavals of 1994 landowners were already squeezed between increasingly organized indigenous activism and declining political and economic support from the Mexican state. He demonstrates that indigenous mobilizations that began in 1994 challenged not just the economy of estate agriculture but also landowners’ understandings of progress, masculinity, ethnicity, and indigenous docility. By scrutinizing the elites’ responses to land invasions in relation to the cultural politics of race, class, and gender, Bobrow-Strain provides timely insights into policy debates surrounding the recent global resurgence of peasant land reform movements. At the same time, he rethinks key theoretical frameworks that have long guided the study of agrarian politics by engaging political economy and critical human geography’s insights into the production of space. Describing how a carefully defended world of racial privilege, political dominance, and landed monopoly came unglued, Intimate Enemies is a remarkable account of how power works in the countryside.
Michael J. Lansing aims to change that. Insurgent Democracy offers a new look at the Nonpartisan League and a new way to understand its rise and fall in the United States and Canada. Lansing argues that, rather than a spasm of populist rage that inevitably burned itself out, the story of the League is in fact an instructive example of how popular movements can create lasting change. Depicting the League as a transnational response to economic inequity, Lansing not only resurrects its story of citizen activism, but also allows us to see its potential to inform contemporary movements.
The Patrons of Husbandry—or the Grange—is the longest-lived US agricultural society and, since its founding shortly after the Civil War, has had immeasurable influence on social change as enacted by ordinary Americans. The Grange sought to relieve the struggles of small farmers by encouraging collaboration. Pathbreaking for its inclusion of women, the Grange is also well known for its association with Gilded Age laws aimed at curbing the monopoly power of railroads.
In Essentials, Unity takes as its focus Grange founder Oliver Kelley and his home organization in Minnesota. Jenny Bourne draws upon numerous historical records to present a lively picture of a fraternal organization devoted to improving the lot of farmers but whose legacies extend far beyond agriculture. From struggles over minimum wage, birth control, and environmental regulation to the conflicts surrounding the Affordable Care Act, and from lunch-counter sit-ins to Occupy Wall Street, the Grange has shaped the very notion of collective action and how it is deployed even today. As this compact book so effectively illustrates, the history of the Patrons of Husbandry exposes the classic tension between the desires for achieving overall economic success and determining how the spoils are split.
JoAnna Poblete's Islanders in the Empire: Filipino and Puerto Rican Laborers in Hawai'i takes an in-depth look at how the two groups fared in a third new colony, Hawai'i. Using plantation documents, missionary records, government documents, and oral histories, Poblete analyzes how the workers interacted with Hawaiian government structures and businesses, how U.S. policies for colonial workers differed from those for citizens or foreigners, and how policies aided corporate and imperial interests.
A rare tandem study of two groups at work on foreign soil, Islanders in the Empire offers a new perspective on American imperialism and labor issues of the era.
Of the communal institutions elaborated by medieval Spaniards, the most significant and longest-lived were the irrigation communities which the Muslims had established centuries earlier in the Valencian region.
The objective of these remarkably democratic communities was justice and equity in water distribution; and the irrigators succeeded in combining traditional rules with consensual authority to maintain their systems with a minimum of conflict. Above the community level, however, regional powers including king, nobles, church, and town all sought to derive, at each other's expense, the maximum benefit from the available water supply. The resultant interplay of power politics was a sharp contrast to the democracy of the communities.
Thomas F. Glick has drawn on original documents of the fourteenth and fifteenth centuries to present in this volume a thorough and lively study of Valencian irrigation and society. In Part One Glick describes medieval Valencian irrigation in the epoch of its fullest documentation (1238-4500), focusing on the institutional dynamics of both the local irrigation communities--those irrigating from a single main canal--and the larger regional units, the huertas. He examines the huerta environment and the administration of the irrigation communities and then discusses intracommunity conflict, the city's role in irrigation development, the search for new sources of water, and regional arrangements for irrigation.
Part Two is concerned generally with the spread of Islamic irrigation technology and, more specifically, with cultural diffusion and the persistence of cultural forms during the transition in Spain from Islamic to Christian rule. Here the author examines the antecedents of medieval Valencian irrigation on the basis of Islamic survivals in medieval Christian institutions and of comparative data from other Islamic irrigation systems. He also touches on aspects of acculturation and cultural transition that extend beyond the geographical and temporal bounds of this study, explaining that "the history of Spanish irrigation is but one example of the administrative creativity and genius for cultural synthesis which characterized Iberian culture at the dawn of themodern age."
Using economic models and empirical analysis, this volume examines a wide range of agricultural and biofuel policy issues and their effects on American agricultural and related agrarian insurance markets. Beginning with a look at the distribution of funds by insurance programs—created to support farmers but often benefiting crop processors instead—the book then examines the demand for biofuel and the effects of biofuel policies on agricultural price uncertainty. Also discussed are genetically engineered crops, which are assuming an increasingly important role in arbitrating tensions between energy production, environmental protection, and the global food supply. Other contributions discuss the major effects of genetic engineering on worldwide food markets. By addressing some of the most challenging topics at the intersection of agriculture and biotechnology, this volume informs crucial debates.
Following the largest peasant revolution in history, Russia's urban-based Bolshevik regime was faced with a monumental task: to peacefully “modernize” and eventually “socialize” the peasants in the countryside surrounding Russia's cities. To accomplish this, the Bolshevik leadership created the People's Commissariat of Agriculture (Narkomzem), which would eventually employ 70,000 workers. This commissariat was particularly important, both because of massive famine and because peasants composed the majority of Russia's population; it was also regarded as one of the most moderate state agencies because of its nonviolent approach to rural transformation.
Working from recently opened historical archives, James Heinzen presents a balanced, thorough examination of the political, social, and cultural dilemmas present in the Bolsheviks' strategy for modernizing of the peasantry. He especially focuses on the state employees charged with no less than a complete transformation of an entire class of people. Heinzen ultimately shows how disputes among those involved in this plan-from the government, to Communist leaders, to the peasants themselves-led to the shuttering of the Commissariat of Agriculture and to Stalin's cataclysmic 1929 collectivization of agriculture.
Much has been debated about the presence of undocumented workers along the South Texas border, but these debates often overlook the more complete dimension: the region’s longstanding, undocumented economies as a whole. Borderlands commerce that evades government scrutiny can be categorized into informal economies (the unreported exchange of legal goods and services) or underground economies (criminal economic activities that, obviously, occur without government oversight). Examining long-term study, observation, and participation in the border region, with the assistance of hundreds of locally embedded informants, The Informal and Underground Economy of the South Texas Border presents unique insights into the causes and ramifications of these economic channels.
The third volume in UT–Pan American’s Borderlife Project, this eye-opening investigation draws on vivid ethnographic interviews, bolstered by decades of supplemental data, to reveal a culture where divided loyalties, paired with a lack of access to protection under the law and other forms of state-sponsored recourse, have given rise to social spectra that often defy stereotypes. A cornerstone of the authors’ findings is that these economic activities increase when citizens perceive the state’s intervention as illegitimate, whether in the form of fees, taxes, or regulation. From living conditions in the impoverished colonias to President Felipe Calderón’s futile attempts to eradicate police corruption in Mexico, this book is a riveting portrait of benefit versus risk in the wake of a “no-man’s-land” legacy.
The world’s multinational enterprises face a spell of rough weather, political economist Ray Vernon argues, not only from the host countries in which they have established their subsidiaries, but also from their home countries. Such enterprises—a few thousand in number, including Microsoft, Toyota, IBM, Siemens, Samsung, and others—now generate about half of the world’s industrial output and half of the world’s foreign trade; so any change in the relatively benign climate in which they have operated over the past decade will create serious tensions in international economic relations.
The warnings of such a change are already here. In the United States, interests such as labor are increasingly hostile to what they see as the costs and uncertainties of an open economy. In Europe, those who want to preserve the social safety net and those who feel that the net must be dismantled are increasingly at odds. In Japan, the talk of “hollowing out” takes on a new urgency as the country’s “lifetime employment” practices are threatened and as public and private institutions are subjected to unaccustomed stress. The tendency of multinationals in different countries to find common cause in open markets, strong patents and trademarks, and international technical standards has been viewed as a loss of national sovereignty and a weakening of the nation-state system, producing hostile reactions in home countries.
The challenge for policy makers, Vernon argues, is to bridge the quite different regimes of the multinational enterprise and the nation-state. Both have a major role to play, and yet must make basic changes in their practices and policies to accommodate each other.
In Defense of Monopoly offers an unconventional but empirically grounded argument in favor of market monopolies. Authors McKenzie and Lee claim that conventional, static models exaggerate the harm done by real-world monopolies, and they show why some degree of monopoly presence is necessary to maximize the improvement of human welfare over time.
Inspired by Joseph Schumpeter's suggestion that market imperfections can drive an economy's long-term progress, In Defense of Monopoly defies conventional assumptions to show readers why an economic system's failure to efficiently allocate its resources is actually a necessary precondition for maximizing the system's long-term performance: the perfectly fluid, competitive economy idealized by most economists is decidedly inferior to one characterized by market entry and exit restrictions or costs.
An economy is not a board game in which players compete for a limited number of properties, nor is it much like the kind of blackboard games that economists use to develop their monopoly models. As McKenzie and Lee demonstrate, the creation of goods and services in the real world requires not only competition but the prospect of gains beyond a normal competitive rate of return.
For the past several decades, a climate of deregulation has encompassed industries ranging from public utilities to mass transportation. Harry Martin Trebing has been at the forefront of this debate as one of the world’s foremost specialists in the field of public utility regulation. Warren J. Samuels and Edythe S. Miller have collected a series of articles that assess Trebing’s theories on public utility regulation while examining his towering contribution to the field.
The industrialization process in Mexico began before that of any other nation in Latin America except Argentina, with the most rapid expansion of new industrial firms occurring in the 1930s and 1940s, and import substitution in capital goods evident as early as the late 1930s. Though Mexico’s trade relations have always been dependent on the United States, successive Mexican presidents in the postwar period attempted to control the penetration of foreign capital into Mexican markets.
In Industry, the State, and Public Policy in Mexico, Dale Story, recognizing the significance of the Mexican industrial sector, analyzes the political and economic role of industrial entrepreneurs in postwar Mexico. He uses two original data sets—industrial production data for 1929–1983 and a survey of the political attitudes of leaders of the two most important industrial organizations in Mexico—to address two major theoretical arguments relating to Latin American development: the meaning of late and dependent development and the nature of the authoritarian state. Story accepts the general relevance of these themes to Mexico but asserts that the country is an important variant of both.
With regard to the authoritarian thesis, the Mexican authoritarian state has demonstrated some crucial distinctions, especially between popular and elite sectors. The incorporation of the popular sector groups has closely fit the characteristics of authoritarianism, but the elite sectors have operated fairly independently of state controls, and the government has employed incentives or inducements to try to win their cooperation.
In short, industrialists have performed important functions, not only in accumulating capital and organizing economic enterprises but also by bringing together the forces of social change. Industrial entrepreneurs have emerged as a major force influencing the politics of growth, and the public policy arena has become a primary focus of attention for industrialists since the end of World War II.
Section I considers the experiences of high-income countries, examining the limitations of industrialization for the advancement of women; returns to secondary education for women; and state control of women's education and labor market productivity through the design of tax systems and the public subsidy of children.
The remaining four sections investigate health, education, household structure and labor markets, and measurement issues in low-income countries, including the effect of technological change on transfers of wealth to and from children in India; women's and men's responses to the costs of medical care in Kenya; the effects of birth order and sex on educational attainment in Taiwan; wage returns to schooling in Indonesia and in Cote d'Ivoire; and the increasing prevalence of female-headed households and the correlates of gender differences in wages in Brazil.
This collection brings together innovative new ideas and data sources in order to provide more satisfying alternatives to the trade versus technology debate and to assess directly the specific impact of international trade on U.S. wages. This timely volume offers a thorough appraisal of the wage distribution predicament, examining the continued effects of technology and globalization on the labor market.
Often overlooked in labor history, the hoboes who rode the rails in search of seasonal work nevertheless secured a place in the American imagination. Frank Tobias Higbie weaves together history, anthropology, gender studies, and literary analysis to reposition these workers at the center of Progressive Era debates over class, race, manly responsibility, community, and citizenship. Combining incisive cultural criticism with labor history, Higbie illustrates how these so-called marginal figures were in fact integral to communities and to cultural conflicts over class, masculinity, and sexuality. He draws from life histories, the investigations of social reformers, and the organizing materials of the Industrial Workers of the World to present a complex portrait of hobo life, from its often violent and dangerous working conditions to its ethic of “transient mutuality” that enabled survival and resistance on the road.
Frank and compelling,Indispensable Outcasts examines hoboes within the sprawling story of American labor while meditating on writing history from the bottom up and the ways a fascination with personal narrative can color a historian's work.
The Jewish Labor Bund was one of the major political forces in early twentieth-century Eastern Europe. But the decades after the Second World War were years of enormous difficulty for Bundists. Like millions of other European Jews, they faced the challenge of resurrecting their lives, so gravely disrupted by the Holocaust. Not only had the organization lost many members, but its adherents were also scattered across many continents. In this book, David Slucki charts the efforts of the surviving remnants of the movement to salvage something from the wreckage.
Covering both the Bundists who remained in communist Eastern Europe and those who emigrated to the United States, France, Australia, and Israel, the book explores the common challenges they faced—building transnational networks of friends, family, and fellow Holocaust survivors, while rebuilding a once-local movement under a global umbrella. This is a story of resilience and passion—passion for an idea that only barely survived Auschwitz.
This history of Alabama's coal miners documents the struggle not
only between labor and management but also between interracial unionism
and white supremacy.
Much of Alabama's labor history is written in its coal
fields. This book records the critical contribution that District 20 of
the United Mine Workers of America played in the state's labor movement
through its strong stands on such issues as child labor, public education,
and inter-racial unions.
Standing at the cutting edge of social and political
history, these essays cover five periods over a century of union activity:
the emergence of a militant labor force during mining's formative years;
the World War I era, when mine operators tried to divide black and white
labor; the increasing role of the state in labor relations during the interwar
years; rapid changes in the union between 1942 and 1975; and the 1977-79
strike, the largest in the United Mine Workers' history.
Through historic
photographs and depictions of living and working conditions, contributors
Edwin L. Brown, Colin J. Davis, Daniel Letwin, Brian M. Kelly, Peter Alexander,
Glenn Feldman, and Robert H. Woodrum portray the world that miners, both
black and white, made. In a state where racial segregation was the norm,
even the earliest District 20 contract proposals demanded equal pay for
equal work regardless of color. It Is Union and Liberty shows that the
UMW in Alabama stands apart from perceptions of southern trade unionism
as exclusionary and racially fragmented. It sheds light on an important
segment of the state's labor history and is a testament to District 20
on its centennial celebration.
Edwin Brown is Associate
Professor in the Center for Labor Education and Research and Colin Davis is Associate Professor in the Department of History, both at
the University of Alabama at Birmingham.
Improving the Measurement of Consumer Expenditures begins with a comprehensive review of current methodologies for collecting consumer expenditure data. Subsequent chapters highlight the range of different objectives that expenditure surveys may satisfy, compare the data available from consumer expenditure surveys with that available from other sources, and describe how the United States’s current survey practices compare with those in other nations.
The papers in this volume cover such issues as the interaction of pension-funding decisions and corporate finances; the role of pensions in providing adequate and secure retirement income, including the integration of pension plans with social security and significant drops in the U.S. saving rate; and the incentive effects of pension plans on labor market behavior and the implications of plans on labor market behavior and the implications of plans for different demographic groups.
Issues in Pension Economics offers important empirical studies and makes valuable theoretical contributions to current thinking in an area that will most likely continue to be a source of controversy and debate for some time to come. The volume should prove useful to academics and policymakers, as well as to members of the business and labor communities.
In Invoking the Invisible Hand Robert Asen scrutinizes contemporary debates over proposals to privatize Social Security. Asen argues that a rights-based rhetoric employed by Social Security's original supporters enabled advocates of privatization to align their proposals with the widely held belief that Social Security functions simply as a return on a worker's contributions and that it is not, in fact, a social insurance program.
By analyzing major debates over a preeminent American institution, Asen reveals the ways in which language is deployed to identify problems for public policy, craft policy solutions, and promote policies to the populace. He shows how debate participants seek to create favorable contexts for their preferred policies and how they connect these policies to idealized images of the nation.
The Inclusive Corporation succinctly presents disability-related information and resources that business managers need, and does so in a way that is highly readable and easy to use. The book is respectful and understanding of business requirements, while at the same time conveying a comprehensive knowledge of disability issues.
Matters of legal compliance, social responsibility, recruitment, diversity, employee supervision, customer service, product design and marketing — all are dealt with in The Inclusive Corporation. The result of the author's many years of experience working with businesses to improve their ability to include disabled people both as customers and employees, The Inclusive Corporation will be welcomed by people with disabilities and by business professionals nationwide.
Do you want to age independently in your own home and neighborhood? Staying home, aging in place, is most people's preference, but most American housing and communities are not adapted to the needs of older people. And with the fastest population growth among people over 65, finding solutions for successful aging is important not only for individual families, but for our whole society. In Independent for Life, former HUD Secretary Henry Cisneros and a team of experts on aging, architecture, construction, health, finance, and politics assess the current state of housing and present new possibilities that realistically address the interrelated issues of housing, communities, services, and financial concerns.
Independent for Life covers a wide range of smart solutions, including remodeling current housing and building new homes for accessibility and safety, retrofitting existing neighborhoods to connect needed services and amenities, and planning new communities that work well for people of all ages. Case studies show how the proposals can be implemented. The authors offer action plans for working with policy makers at local, state, and national levels to address the larger issues of aging in place, including family financial security, real estate markets, and the limitations of public support. Lists of essential resources, including a detailed "to do" list of aging in place priorities and an individual home assessment, complete the volume.
Gyger focuses on three interrelated themes: the circumstances that made Peru a fertile site for innovation in low-cost housing under a succession of very different political regimes; the influences on, and movements within, architectural culture that prompted architects to consider self-help housing as an alternative mode of practice; and the context in which international development agencies came to embrace these projects as part of their larger goals during the Cold War and beyond.
In the Shadows of State and Capital tells the story of how Ecuadorian peasants gained, and then lost, control of the banana industry. Providing an ethnographic history of the emergence of subcontracting within Latin American agriculture and of the central role played by class conflict in this process, Steve Striffler looks at the quintessential form of twentieth-century U.S. imperialism in the region—the banana industry and, in particular, the United Fruit Company (Chiquita). He argues that, even within this highly stratified industry, popular struggle has contributed greatly to processes of capitalist transformation and historical change.
Striffler traces the entrance of United Fruit into Ecuador during the 1930s, its worker-induced departure in the 1960s, the troubled process through which contract farming emerged during the last half of the twentieth century, and the continuing struggles of those involved. To explore the influence of both peasant activism and state power on the withdrawal of multinational corporations from banana production, Striffler draws on state and popular archives, United Fruit documents, and extensive oral testimony from workers, peasants, political activists, plantation owners, United Fruit administrators, and state bureaucrats. Through an innovative melding of history and anthropology, he demonstrates that, although peasant-workers helped dismantle the foreign-owned plantation, they were unable to determine the broad contours through which the subsequent system of production—contract farming—emerged and transformed agrarian landscapes throughout Latin America.
By revealing the banana industry’s impact on processes of state formation in Latin America, In the Shadows of State and Capital will interest historians, anthropologists, and political scientists, as well as scholars of globalization and agrarian studies.
In Industrializing the Rockies, David A. Wolff places these deadly conflicts and strikes in the context of the Western coal industry from its inception in 1868 to the age of maturity in the early twentieth century. The result is the first book-length study of the emergence of coalfield labor relations and a general overview of the role of coal mining in the American West.
Wolff examines the coal companies and the owners' initial motivations for investment and how these motivations changed over time. He documents the move from speculation to stability in the commodities market, and how this was reflected in the development of companies and company towns.
Industrializing the Rockies also examines the workers and their workplaces: how the miners and laborers struggled to maintain mining as a craft and how the workforce changed, ethnically and racially, eventually leading to the emergence of a strong national union. Wolff shines light on the business of coal mining detailing the market and economic forces that influenced companies and deeply affected the lives of the workers.
On June 4, 1923, the Bolivian military turned a machine gun on striking miners in the northern Potosí town of Uncía. The incident is remembered as Bolivia’s first massacre of industrial workers. The violence in Uncía highlights a formative period in the development of a working class who would eventually challenge the oligarchic control of the nation.
Robert L. Smale begins his study as Bolivia’s mining industry transitioned from silver to tin; specifically focusing on the region of Oruro and northern Potosí. The miners were part of a heterogeneous urban class alongside artisans, small merchants, and other laborers. Artisan mutual aid societies provided miners their first organizational models and the guidance to emancipate themselves from the mine owners’ political tutelage. During the 1910s both the Workers’ Labor Federation and the Socialist Party appeared in Oruro to spur more aggressive political action. In 1920 miners won a comprehensive contract that exceeded labor legislation debated in Congress in the years that followed. Relations between the working class and the government deteriorated soon after, leading to the 1923 massacre in Uncía. Smale ends his study with the onset of the Great Depression and premonitions of war with Paraguay—twin cataclysms that would discredit the old oligarchic order and open new horizons to the labor movement.
This period’s developments marked the entry of workers and other marginalized groups into Bolivian politics and the acquisition of new freedoms and basic rights. These events prefigure the rise of Evo Morales—a union activist born in Oruro—in the early twenty-first century.
The Mexican Revolution has long been considered a revolution of peasants. But Aurora Gómez-Galvarriato’s investigation of the mill towns of the Orizaba Valley reveals that industrial workers played a neglected but essential role in shaping the Revolution. By tracing the introduction of mechanized industry into the valley, she connects the social and economic upheaval unleashed by new communication, transportation, and production technologies to the political unrest of the revolutionary decade. Industry and Revolution makes a convincing argument that the Mexican Revolution cannot be understood apart from the changes wrought by the Industrial Revolution, and thus provides a fresh perspective on both transformations.
By organizing collectively on a wide scale, the spinners and weavers of the Orizaba Valley, along with other factory workers throughout Mexico, substantially improved their living and working conditions and fought to secure social and civil rights and reforms. Their campaigns fed the imaginations of the masses. The Constitution of 1917, which embodied the core ideals of the Mexican Revolution, bore the stamp of the industrial workers’ influence. Their organizations grew powerful enough to recast the relationship between labor and capital, not only in the towns of the valley, but throughout the entire nation.
The story of the Orizaba Valley offers insight into the interconnections between the social, political, and economic history of modern Mexico. The forces unleashed by the Mexican and the Industrial revolutions remade the face of the nation and, as Gómez-Galvarriato shows, their consequences proved to be enduring.
"Fink places American labor history in the broader context of American political historiography better than any other historian I can think of." -- James R. Barrett, author of Work and Community in the Jungle: Chicago's Packinghouse Workers, 1894-1922
This timely study is unique in presenting new data sets on the labor force, wage rates, and demographic conditions of both the U.S. and source-area economies through the 1980s. The contributors analyze the economic effects of immigration on the United States and selected source areas, with a focus on Puerto Rico and El Salvador. They examine the education and job performance of foreign-born workers; assimilation, fertility, and wage rates; and the impact of remittances by immigrants to family members on the overall gross domestic product of source areas.
A revealing and original examination of a topic of growing importance, this book will stand as a guide for further research on immigration and on the economies of developing countries.
Prompted by the growing internationalization of the U.S. labor market since the 1970s, contributors to Immigration, Trade, and the Labor Market provide an innovative and comprehensive analysis of the labor market impact of the international movements of people, goods, and capital. Their provocative findings are brought into perspective by studies of two other major immigrant-recipient countries, Canada and Australia. The differing experiences of each nation stress the degree to which labor market institutions and economic policies can condition the effect of immigration and trade on economic outcomes
Contributors trace the flow of immigrants by comparing the labor market and migration behavior of individual immigrants, explore the effects of immigration on wages and employment by comparing the composition of the work force in local labor markets, and analyze the impact of trade on labor markets in different industries. A unique data set was developed especially for this study—ranging from an effort to link exports/imports with wages and employment in manufacturing industries, to a survey of illegal Mexican immigrants in the San Diego area—which will prove enormously valuable for future research.
Responding to the fact that the more common, elite-centered “national” histories distort or erase the importance of gender, race, ethnicity, popular consciousness, and identity, contributors to this volume correct this imbalance by moving these previously overlooked issues to the center of historical research and analysis. In so doing, they describe how these marginalized working peoples of the Hispanic Caribbean Basin managed to remain centered on not only class-based issues but on a sense of community, a desire for dignity, and a struggle for access to resources. Individual essays include discussions of plantation justice in Guatemala, highland Indians in Nicaragua, the effects of foreign corporations in Costa Rica, coffee production in El Salvador, banana workers in Honduras, sexuality and working-class feminism in Puerto Rico, the Cuban sugar industry, agrarian reform in the Dominican Republic, and finally, potential directions for future research and historiography on Central America and the Caribbean.
This collection will have a wide audience among Caribbeanists and Central Americanists, as well as students of gender studies, and labor, social, Latin American, and agrarian history.
Contributors. Patricia Alvarenga, Barry Carr, Julie A. Charlip, Aviva Chomsky, Dario Euraque, Eileen Findlay, Cindy Forster, Jeffrey L. Gould, Lowell Gudmundson, Aldo A. Lauria Santiago, Francisco Scarano, Richard Turits
The authors offer a unique portrait of the social upheaval, why it is happening and where it may take the country. Following the fall of reformism, the rise of Ahmadinejad and the recent outbursts of ethnic violence, this book provides rare insights into the inner contradictions of the Islamic Republic.
The second part of the book deals with the international issues facing Iran - in particular the nuclear question, Iran's oil reserves and the serious threat of invasion. It is a sobering account of the realities of life in Iran, and the threat that war poses to the democratic aspirations of the Iranian people.
Transnational corporations straddle the globe, largely unseen by the public. Cargill, with its headquarters in the US, is the largest private corporation in North America, and possibly in the world. Cargill trades in food commodities and produces a great many of them: grains, flour, malt, corn, cotton, salt, vegetable oils, fruit juices, animal feeds, and meat. Among its most profitable activities is its trade in the global financial markets. There are few national economies unaffected by Cargill's activities, and few eaters in the north whose food does not pass through Cargill's hands at some point. Yet Cargill remains largely invisible to most people and accountable to no one outside the company.
This is the second edition of an explosive book that breaks the silence on the true extent of Cargill's power and influence worldwide -- its ability to shape national policies, and the implications of these strategies for all of us. Thoroughly revised and updated, Kneen's new book offers shocking new evidence of Cargill's activities since the book was first published in 1995. He examines how it has succeeded in eliminating competition by undertaking joint ventures with virtually all of its suppossed competitors. He shows how this massive corporation continues to aquire and divest, extending its grip even further in what amounts to almost total control of the global food system.
Starting with the notion of Germany as the ideal site for academic study and travel in the nineteenth century and concluding with the twentieth-century image of Germany as an aggressive country, this innovative work examines the ever-changing image of Germans and Germany in the writings of Louisa May Alcott, Samuel Clemens, Henry James, William James, George Santayana, W. E. B. Du Bois, John Dewey, H. L. Mencken, Katherine Anne Porter, Kay Boyle, Thomas Wolfe, Upton Sinclair, Gertrude Stein, Kurt Vonnegut, Thomas Pynchon, William Styron, Walker Percy, and John Hawkes, among others.
Most studies of deindustrialization in the United States emphasize the economic impact of industrial decline; few consider the social, human costs. "I Was Content and Not Content": The Story of Linda Lord and the Closing of Penobscot Poultry is a firsthand account of a plant closure, heavily illustrated through photographs and told through edited oral history interviews. It tells the story of Linda Lord, a veteran of Penobscot Poultry Company in Belfast, Maine, and her experience when the plant—Maine’s last poultry-processing plant— closed its doors in 1988, costing over four hundred people their jobs and bringing an end to a once productive and nationally competitive agribusiness.
Linda Lord’s story could be that of any number of Americans—blue- and white-collar—effected by the rampant and widespread downsizing over the past several decades. She began working at Penobscot straight out of high school and remained with the company for over twenty years. Lord worked in all aspects of poultry processing, primarily in the "blood tunnel," where she finished off the birds that had been missed by the automatic neck-cutting device—a job held by few women. Single and self-supporting, Lord was thirty-nine years old when the plant closed. In part because she was the primary caretaker for her elderly parents, Lord did not want to leave Maine for a better job but did want to stay in the area that had been her home since birth.
The book is comprised of distinct sections representing different perspectives on Lord’s story and the plant’s demise. Cedric N. Chatterley’s gritty black-and-white photographs, reproduced here as duotones, document the final days at the poultry plant and chronicle Lord’s job search, as well as her daily life and community events. Lord’s oral history interviews, interspersed with the photographs, reveal her experiences working in poultry processing and her perspectives on the plant’s closing. Carolyn Chute’s essay reflects on her own struggles as a worker in Maine, and, more generally, on the way workers are perceived in America. Alicia J. Rouverol’s historical essay explores the rise and fall of Maine’s poultry industry and the reasons for its demise. Stephen A. Cole’s epilogue brings the story full circle when he tells of his most recent visit with Linda Lord. Michael Frisch (Portraits in Steel, A Shared Authority) contributes a foreword.
Lord’s story and the story of Penobscot’s closing brings into question the relationship of business to community, reminding us that businesses and communities are in fact integrally linked—or, perhaps more accurately, should be. Her narrative makes plain that plant closings have particular ramifications for women workers, but her experience also points to the way in which all individuals cope with change, hardship, and uncertain times to create possibilities where few exist. Perhaps most important, her story reveals some of the challenges and complexities that most human beings share.
Although much has already been written about the rise and fall of Enron, four important questions remain unanswered: What management behavior and practices led Enron down the path from truly innovative to fraudulent management? How could Enron’s board of directors have failed to detect the business, ethical, and legal risks embedded in the company’s aggressive financial strategies and accounting practices? Why did Enron’s external watchdogs—security analysts, credit-rating agencies, and regulatory agencies—fail to bark? What actions can prevent Enron-type breakdowns in the future? Innovation Corrupted addresses each of these questions.
In contrast to the time-line narratives of previous books on Enron that offer interesting but largely unsystematic insight into individual actions and organizational processes, Innovation Corrupted pursues a more methodical analysis of the causes and lessons of Enron’s collapse. Based upon newly available sources, Salter identifies the social pathologies and administrative failures that fostered the company’s ethical drift and inhibited the board of directors from exercising effective governance and control. Salter also goes beyond the work of previous books by proposing practical recommendations for preventing future Enron-type disasters. These prescriptions relate to board oversight, financial incentives for executives, and, most importantly, the maintenance of ethical discipline when operating in the murky borderlands of the law. It was in this shadowed space that Enron’s senior executives lost their way.
Youngstown, Ohio, and the surrounding Mahoning Valley supplied the iron that helped transform the United States into an industrial powerhouse in the nineteenth century. The story of the Mahoning Valley’s unorthodox rise from mid-scale iron producer to twentieth-century “Steel Valley” is a tale of innovation, stagnation, and, above all, extreme change. Located halfway between Pittsburgh and Cleveland, the Mahoning Valley became a major supplier of pig iron to America’s biggest industrial regions. For much of the nineteenth century, outside consumers relied on the Valley’s pig iron, but this reliance nurtured a reluctance on the part of Youngstown iron companies to diversify or expand their production.
In Iron Valley: The Transformation of the Iron Industry in Ohio’s Mahoning Valley, 1802–1913, Clayton J. Ruminski argues that Youngstown-area iron manufacturers were content to let others in the industry innovate, and only modernized when market conditions forced them to do so. Desperate to find new markets, some Youngstown iron manufacturers eventually looked toward steel and endured a rapid, but successful, industrial transformation that temporarily kept their old enterprises afloat in a rapidly evolving industry. Richly illustrated with rare photographs of Mahoning Valley ironmasters, mills, furnaces, and workers, Iron Valley sheds light on a previously underrepresented and vital region that built industrial America.
Three years later, James Bridge, who had served as Carnegie's personal secretary, published this book. In it he recounted the events that led up to the final confrontation between two of America's most powerful capitalists. The book created a sensation when it appeared in 1903. Not only did it describe the raw emotions of Carnegie and Frick, those most brilliant and uneasy of business partners, it also told of the history and inner workings of the industrial giant, Carnegie Steel.
Bridge was an open partisan of Frick, and the portrait of Carnegie that emerges from this book is not flattering. But he was an experienced journalist, and he uses sources carefully. His book remains a striking insider's narrative of the American steel industry in the last decades of the nineteenth century-as well as the most revealing account of the emotions of some of its major owners.
The introduction by John Ingram places the book in perspective for both the historian and general reader.
Charles Schwab was known to his employees, business associates, and competitors as a congenial and charismatic person-a 'born salesman.' Yet Schwab was much more than a salesman-he was a captain of industry, a man who streamlined and economized the production of steel and ran the largest steelmaking conglomerate in the world. A self-made man, he became one of the wealthiest Americans during the Gilded Age, only to die penniless in 1939.
Schwab began his career as a stake driver at Andrew Carnegie's Edgar Thomson steel works in Pittsburgh at the age of seventeen. By thirty-five, he was president of Carnegie Steel. In 1901, he helped form the U.S. Steel Corporation, a company that produced well over half the nation's iron and steel. In 1904, Schwab left U.S. Steel to head Bethlehem Steel, which after twelve years under his leadership, became the second-largest steel producer in America. President Woodrow Wilson called on Schwab to head the Emergency Fleet Corporation to produce merchant ships for the transport of troops and materials abroad during World War I.
Kenneth Warren presents a compelling biography that chronicles the startling success of Schwab's business career, his leadership abilities, and his drive to advance steel-making technology and operations. Through extensive research and use of previously unpublished archival documentation, Warren offers a new perspective on the life of a monumental figure--a true visionary--in the industrial history of America.
By drawing on a detailed field research and other sources, this book explains precisely which resistance strategies are able to influence both political and economic outcomes. Kröger expands the focus of traditionally Latin American extractivism research to other contexts such as India and the growing extractivist movement in the Global North. In addition, as the book is a multi-sited political ethnography, it will appeal to sociologists, political scientists, anthropologists, geographers, and others using field research among other methods to understand globalization and global political interactions. It is the most comprehensive book on the political economy and ecology of iron ore and steel. This is astonishing, given the fact that iron ore is the second-most important commodity in the world after oil.
How can workers retain job security in an industry currently experiencing extensive restructuring and retrenchment? In the United States, massive layoffs in the 1980s in industries like steel have resulted in increased worker demands for job security provisions in collective agreements and legal protections against layoffs. In many Western European countries, where private-sector practices ensuring strong job security and laws regulating layoff practices were well established, the 1980s brought strong pressure from business to relax job security in order to facilitate rapid restructuring.
Susan Houseman's book presents some of the first hard evidence on the economic effects of providing job security, evidence gathered during the restructuring of the European Community's steel industry in the 1970s and 1980s. The author reviews personnel practices by the Community's leading steel companies, basing her analysis on extensive interviews with employers, workers, and government officials in West Germany, France, Britain, Belgium, Luxembourg, Italy, and the Netherlands. Drawing on economic theory, she shows that the extent of workers' rights to job security will affect how an industry optimally adjusts to a decline in demand and to a situation of excess capacity.
Using detailed plant data, she shows that job security for workers affected decisions concerning employment, production, investment, and plant closures in the industry, While job security for workers may slow the process of industrial restructuring and result in lower productivity, the author points out that it also generates important social benefits, including community stability and a more equitable distribution of the risks and costs of economic change.
This book will draw the attention of policymakers in government and in international organizations such as the European Community, the OECD, and the ILO. It will also be of interest to scholars in labor economics, industrial relations, public policy, and business.
After the 1925 discovery of diamonds in the semi-desert of the northwest coast of South Africa, De Beers Consolidated Mines Ltd. virtually proclaimed its dominion over the whole region. In the town of Kleinzee, the company owns all the real estate and infrastructure, and controls and administers both the town and the industry.
Peter Carstens’s In the Company of Diamonds draws a stark and startling portrait of this closed community, one that analyzes the power and hegemonic techniques used to acquire that power and maintain it.
As a prototypical company town, Kleinzee is subordinated to the industry and will of the owners. Employees and workers are variously differentiated and ordered according to occupation, ethnic variation, and other social criteria, a pattern reflected most markedly in the allocation of housing. Managers live in large, ranch-style houses, while contract workers are lodged in single-sex compounds.
As a community type, company towns like Kleinzee are not entirely unique, and Professor Carstens successfully draws a number of structural parallels with other closed and incomplete social formations such as Indian reservations, military bases, colleges, prisons, and mental hospitals.
Quantitative measures of international exchange have historically focused on trade in tangible products or capital. However, services have recently become a larger portion of developed economies and international trade, and will only increase in the future. In International Trade in Services and Intangibles in the Era of Globalization, Marshall Reinsdorf and Matthew J. Slaughter examine new and emerging patterns of trade, especially the growing importance of transactions involving services or intangible assets such as intellectual property.
A distinguished team of contributors analyzes the challenges involved in measuring trade in intangibles, the comparative advantages enjoyed by United States service industries, and the heightened international competition for jobs, capital investment, economic growth, and tax revenue that results from trade in services. This comprehensive volume will be necessary reading for scholars seeking to understand the rapidly changing global economy.
In Inclusive Transportation: A Manifesto for Repairing Divided Communities, transportation expert Veronica O. Davis shines a light on the inequitable and often destructive practice of transportation planning and engineering. She calls for new thinking and more diverse leadership to create transportation networks that connect people to jobs, education, opportunities, and to each other.
Inclusive Transportation is a vision for change and a new era of transportation planning. Davis explains why centering people in transportation decisions requires a great shift in how transportation planners and engineers are trained, how they communicate, the kind of data they collect, and how they work as professional teams. She examines what “equity” means for a transportation project, which is central to changing how we approach and solve problems to create something safer, better, and more useful for all people.
Davis aims to disrupt the status quo of the transportation industry. She urges transportation professionals to reflect on past injustices and elevate current practice to do the hard work that results in more than an idea and a catchphrase.
Inclusive Transportation is a call to action and a practical approach to reconnecting and shaping communities based on principles of justice and equity.
This new, expanded edition brings the story of the Interstates into the twenty-first century. It includes an account of the destruction of homes, businesses, and communities as the urban expressways of the highway network destroyed large portions of the nation’s central cities. Mohl and Rose analyze the subsequent urban freeway revolts, when citizen protest groups battled highway builders in San Francisco, Baltimore, Memphis, New Orleans, Washington, DC, and other cities. Their detailed research in the archival records of the Bureau of Public Roads, the Federal Highway Administration, and the U.S. Department of Transportation brings to light significant evidence of federal action to tame the spreading freeway revolts, curb the authority of state highway engineers, and promote the devolution of transportation decision making to the state and regional level. They analyze the passage of congressional legislation in the 1990s, especially the Intermodal Surface Transportation Efficiency Act (ISTEA), that initiated a major shift of Highway Trust Fund dollars to mass transit and light rail, as well as to hiking trails and bike lanes. Mohl and Rose conclude with the surprising popularity of the recent freeway teardown movement, an effort to replace deteriorating, environmentally damaging, and sometimes dangerous elevated expressway segments through the inner cities. Sometimes led by former anti-highway activists of the 1960s and 1970s, teardown movements aim to restore the urban street grid, provide space for new streetcar lines, and promote urban revitalization efforts. This revised edition continues to be marked by accessible writing and solid research by two well-known scholars.
Raymond A. Mohl is distinguished professor of history at the University of Alabama at Birmingham. He is the author of South of the South: Jewish Activists and the Civil Rights Movement in Miami, 1945-1960 and co-editor of The Making of Urban America, 3rd edition.
Mark H. Rose is professor of history at Florida Atlantic University. He is the author of Cities of Light and Heat: Domesticating Gas and Electricity in Urban America and coauthor of The Best Transportation System in the World: Railroads, Trucks, Airlines and American Public Policy in the Twentieth Century.
Praise for the previous edition of Interstate
"The tale that Mark Rose relates in great detail is an illuminating one of pressure politics, revealing aspects of the fragmentation of social and political life rarely examined by scholars." —Richard Lowitt, American Studies
"The best researched, most readable single document on the formation of U.S. auto-dominant policy. . . ." —Robert C. Stuart, Policy Studies Journal
"Rose has done pioneering work in highway history. This is a small book but an important one. We are becoming more acutely aware that in our world technology and politics are inextricably intertwined. Here is an excellent case study."—John B. Rae, ISIS
"An extensively researched, brief, and important study that adds to our knowledge of interest group politics and the impact of the motor vehicle in the United States."
—Blaine A. Brownell, American Historical Review
"An excellent contribution to political and transportation history. . . . an extremely useful account of the various hearings, conferences, and behind-the-scenes maneuverings that finally led to federal absorption of 90 percent of construction costs through the instrumentality of the Highway Trust Fund. . . . an impressive beginning to historical scholarship on a vastly important topic."
—Kenneth T. Jackson, Journal of American History
"A remarkably thorough, objective survey and analysis of the role of various interest groups in fashioning highway policies in the 1940s and 1950s. . . . a pioneer, definitive examination of highway development and transportation policy-making from the standpoints of various special interest groups."
—Michael Robinson, Public Works Historical Society
"This volume will fill an important area in many collections that probably have several volumes on transportation development after 1956. Persons interested in political processes, policy formation, and urban history will find this volume a useful and important contribution toward understanding the post-World War II period."
—Choice
After a half-century of glacial creep, television technology has begun to change at the same dizzying pace as computer software. What this will mean--for television, for computers, and for the popular culture where these video media reign supreme--is the subject of this timely book. A noted communications economist, Bruce Owen supplies the essential background: a grasp of the economic history of the television industry and of the effects of technology and government regulation on its organization. He also explores recent developments associated with the growth of the Internet. With this history as a basis, his book allows readers to peer into the future--at the likely effects of television and the Internet on each other, for instance, and at the possibility of a convergence of the TV set, computer, and telephone.
The digital world that Owen shows us is one in which communication titans jockey to survive what Joseph Schumpeter called the "gales of creative destruction." While the rest of us simply struggle to follow the new moves, believing that technology will settle the outcome, Owen warns us that this is a game in which Washington regulators and media hyperbole figure as broadly as innovation and investment. His book explains the game as one involving interactions among all the players, including consumers and advertisers, each with a particular goal. And he discusses the economic principles that govern this game and that can serve as powerful predictive tools.
The missing link between the international trade regime and human rights has become one of the key concerns of critics of the WTO. The World Trade Forum 2001 at the World Trade Institute in Berne provided a unique framework for considering the manifold issues relevant to this topic. This book goes beyond listing the different arguments in favor of or against globalization and offers recommendations to the international community for possible reforms so as to better account for the human rights interests affected by the process of globalization.
Frederick M. Abbott is the Edward Ball Eminent Scholar Professor of International Law at Florida State University College of Law. He is the editor of China in the World Trading System: Defining the Principles of Engagement (1998) and author of The International Intellectual Property System: Commentary and Materials (with Thomas Cottier and Francis Gurry, 1999).
Christine Breining-Kaufmann is Professor of Law at the University of Zurich and Senior Research Fellow as well as a member of the Board of the World Trade Institute in Berne. Her publications include Hunger als Rechtsproblem: Völkerrechtliche Aspekte eines Rechtes auf Nahrung (1991) and Globalization and Labour Rights: The Conflicting Relationship between Core Labour Rights and International Economic Institutions (2006).
Thomas Cottier is Managing Director of the World Trade Institute and Professor of Law at the University of Berne. He has co-edited the previous four volumes of the World Trade Forum series.
Issues in US-EC Trade Relations presents the results of a conference organized by the NBER and the Centre for European Policy Studies. In it, North American and European trade specialists offer theoretical, empirical, and historical analyses of some of the major issues on which American and Community officials disagree and also formulate realistic policies for settling present disputes. Contributors consider such topics as the legal aspects of trade between the two regions, agricultural policy, different ways the United States and members of the European Community use embargoes to attempt to induce foreign countries to change particular political actions, the growing trend toward protectionism and responses to this policy, international trade in services, and trade policy in oligopolistic environments. In most cases, each general subject is approached from both an American and a European perspective.
The chapters represent a spectrum of approaches, including theoretical analysis, quantitative measurement, and evaluations of policies and institutions from economic and legal perspectives. The multi-lateral issues cover the analysis of the economic effects of a new WTO negotiating round and the range of issues that are to be addressed there, including reform of Japan's agricultural policies, services liberalization, antidumping, intellectual property rights, and trade and the environment. The regional issues include theoretical and simulation analysis of the benefits of preferential trading arrangements and the policy of open regionalism that is being sought by APEC members. U.S.-Japan bilateral relations are studied by analyzing the major actions and positions taken by the two nations in the context of their national trade laws and policies, how trade policies are implemented, the effects of bilateral trade agreements on the United States and Japan, and the interplay of legal decisions reached in WTO actions with bilateral and unilateral measures undertaken by the two nations.
The book is designed for a broad audience consisting of academic economists, lawyers, policymakers, and students interested in U.S.-Japan international economic relations.
Robert M. Stern is Professor Emeritus of Economics and Public Policy, University of Michigan.
The economic sanctions imposed on Iraq from 1990 to 2003 were the most comprehensive and devastating of any established in the name of international governance. The sanctions, coupled with the bombing campaign of 1991, brought about the near collapse of Iraq’s infrastructure and profoundly compromised basic conditions necessary to sustain life.
In a sharp indictment of U.S. policy, Joy Gordon examines the key role the nation played in shaping the sanctions, whose harsh strictures resulted in part from U.S. definitions of “dual use” and “weapons of mass destruction,” and claims that everything from water pipes to laundry detergent to child vaccines could produce weapons. Drawing on internal UN documents, confidential minutes of closed meetings, and interviews with foreign diplomats and U.S. officials, Gordon details how the United States not only prevented critical humanitarian goods from entering Iraq but also undermined attempts at reform; unilaterally overrode the UN weapons inspectors; and manipulated votes in the Security Council. In every political, legal, and bureaucratic domain, the deliberate policies of the United States ensured the continuation of Iraq’s catastrophic condition.
Provocative and sure to stir debate, this book lays bare the damage that can be done by unchecked power in our institutions of international governance.
The essays in Imperial Decline describe the major changes that have occurred in Russia’s relations with China, Japan, and South Korea under Boris Yeltin’s presidency, speculating about both Russia’s future in the region and the impact this future could have on relations with the United States. Contributors to this volume demonstrate how incoherent taxation and investment, uncoordinated and contradictory economic policies, runaway inflation and currency instability, and problems of defense now constrain the possibility of Russia expanding its economic influence in the region. This book is essential for students and scholars of international relations, foreign policy, and Russian history.
Contributors. Stephen J. Blank, Bruce A. Elleman, Harry Gelman, Hongchan Chun , Rajan Menon, Alvin Z. Rubinstein, Oles M. Smolansky, Henry Trofimenko, Charles E. Ziegler
Comprised of twelve fascinating studies, International Trade in East Asia highlights many of the trading practices between countries within the region as well as outside of it. The contributors bring into focus some of the region's endemic and external barriers to international trade and discuss strategies for improving productivity and fostering trade relationships. Studies on some of the factors that drive exports, the influence of research and development, the effects of foreign investment, and the ramifications of different types of protectionism will particularly resonate with the financial and economic communities who are trying to keep pace with this dramatically altered landscape.
--William S. Laufer, Professor, The Wharton School of Business
"This delightful and serious book involves a matter I have long felt of first importance. That is our tendency to make social truth and acceptance conform to personal or larger corporate interests. On this I have written , but gladly yield to this persuasive parallel. No one concerned with literate, informed, and relevant---as distinct from self-serving---truth should miss It's Legal but It Ain't Right."
--John Kenneth Galbraith
"This absorbing and well-written book of essays on the harmful consequences of legal industries skillfully illuminates the ways in which some corporate harms fail to be transformed into criminal law-making and enforcement, and offers cogent suggestions for better regulation in the public interest."
--Dr. Michael Levi, Professor of Criminology, Cardiff University
Many U.S. corporations and the goods they produce negatively impact our society without breaking any laws. We are all too familiar with the tobacco industry's effect on public health and health care costs for smokers and nonsmokers, as well as the role of profit in the pharmaceutical industry's research priorities. It's Legal but It Ain't Right tackles these issues, plus the ethical ambiguities of legalized gambling, the firearms trade, the fast food industry, the pesticide industry, private security companies, and more. Aiming to identify industries and goods that undermine our societal values and to hold them accountable for their actions, this collection makes a valuable contribution to the ongoing discussion of ethics in our time.
This accessible exploration of corporate legitimacy and crime will be important reading for advocates, journalists, students, and anyone interested in the dichotomy between law and legitimacy.
The most significant conquest of the twentieth century may well have been the triumph of American consumer society over Europe’s bourgeois civilization. It is this little-understood but world-shaking campaign that unfolds in Irresistible Empire, Victoria de Grazia’s brilliant account of how the American standard of living defeated the European way of life and achieved the global cultural hegemony that is both its great strength and its key weakness today.
De Grazia describes how, as America’s market empire advanced with confidence through Europe, spreading consumer-oriented capitalism, all alternative strategies fell before it—first the bourgeois lifestyle, then the Third Reich’s command consumption, and finally the grand experiment of Soviet-style socialist planning. Tracing the peculiar alliance that arrayed New World salesmanship, statecraft, and standardized goods against the Old World’s values of status, craft, and good taste, Victoria de Grazia follows the United States’ market-driven imperialism through a vivid series of cross-Atlantic incursions by the great inventions of American consumer society. We see Rotarians from Duluth in the company of the high bourgeoisie of Dresden; working-class spectators in ramshackle French theaters conversing with Garbo and Bogart; Stetson-hatted entrepreneurs from Kansas in the midst of fussy Milanese shoppers; and, against the backdrop of Rome’s Spanish Steps and Paris’s Opera Comique, Fast Food in a showdown with advocates for Slow Food. Demonstrating the intricacies of America’s advance, de Grazia offers an intimate and historical dimension to debates over America’s exercise of soft power and the process known as Americanization. She raises provocative questions about the quality of the good life, democracy, and peace that issue from the vaunted victory of mass consumer culture.
Analyzing both the resistance from the Right and the support from the Left, Skrentny brings to light the unique moral culture that has shaped the affirmative action debate, allowing for starkly different policies for different citizens. He also shows, through an analysis of historical documents and court rulings, the complex and intriguing political circumstances which gave rise to these controversial policies.
By exploring the mystery of how it took less than five years for a color-blind policy to give way to one that explicitly took race into account, Skrentny uncovers and explains surprising ironies: that affirmative action was largely created by white males and initially championed during the Nixon administration; that many civil rights leaders at first avoided advocacy of racial preferences; and that though originally a political taboo, almost no one resisted affirmative action.
With its focus on the historical and cultural context of policy elites, The Ironies of Affirmative Action challenges dominant views of policymaking and politics.
Robert Jackall and Janice M. Hirota explore the fashioning of the apparatus of advocacy through the stories of two organizations, the Committee on Public Information, which sold the Great War to the American public, and the Advertising Council, which since the Second World War has been the main coordinator of public service advertising. They then turn to the career of William Bernbach, the adman's adman, who reinvented advertising and grappled creatively with the profound skepticism of a propaganda-weary midcentury public. Jackall and Hirota argue that the tools-in-trade and habits of mind of "image makers" have now migrated into every corner of modern society. Advocacy is now a vocation for many, and American society abounds as well with "technicians in moral outrage," including street-smart impresarios, feminist preachers, and bombastic talk-radio hosts.
The apparatus and ethos of advocacy give rise to endlessly shifting patterns of conflicting representations and claims, and in their midst Image Makers offers a clear and spirited understanding of advocacy in contemporary society and the quandaries it generates.
It was not until the twentieth century that Boston became better known for its role in investment management. In 1924, local financiers created the first mutual fund, an innovation almost a century in the making. After World War II, Boston originated venture capital with the founding of American Research & Development. This was soon followed by the development of private equity, the growth of the mutual fund industry, the pension "revolution" that changed and strengthened money management, the evolution in management of institutional endowments, and the rise of new family offices and hedge funds. The contributions of fiduciaries and investment managers have played an important part in the rise of the "New Boston" and made the city one of the most vibrant financial capitals in the world.
Investment Management in Boston is published in association with Massachusetts Historical Society.
The authors construct a consistent data base of information for eight countries and design a theoretically sound model to test and evaluate competing hypotheses incorporating the most recent theoretical developments. Additional chapters address an impressive variety of issues that complement and corroborate the core of the study. They answer such questions as these: Can countries conduct an independent monetary policy under fixed exchange rates? How closely tied are product prices across countries? How are disturbances transmitted across countries?
The International Transmission of Inflation is an important contribution to international monetary economics in furnishing an invaluable empirical foundation for future investigation and discussion.
Inflation, Tax Rules, and Capital Formation brings together fourteen papers that show the importance of the interaction between tax rules and monetary policy. Based on theoretical and empirical research, these papers emphasize the importance of including explicit specifications of the tax system in such study.
This volume presents the latest thoughts of a brilliant group of young economists on one of the most persistent economic problems facing the United States and the world, inflation. Rather than attempting an encyclopedic effort or offering specific policy recommendations, the contributors have emphasized the diagnosis of problems and the description of events that economists most thoroughly understand. Reflecting a dozen diverse views—many of which challenge established orthodoxy—they illuminate the economic and political processes involved in this important issue.
In Inflation Targeting, a distinguished group of contributors explores the many underexamined dimensions of inflation targeting—its potential, its successes, and its limitations—from both a theoretical and an empirical standpoint, and for both developed and emerging economies. The volume opens with a discussion of the optimal formulation of inflation-targeting policy and continues with a debate about the desirability of such a model for the United States. The concluding chapters discuss the special problems of inflation targeting in emerging markets, including the Czech Republic, Poland, and Hungary.
United States monetary policy has traditionally been modeled under the assumption that the domestic economy is immune to international factors and exogenous shocks. Such an assumption is increasingly unrealistic in the age of integrated capital markets, tightened links between national economies, and reduced trading costs. International Dimensions of Monetary Policy brings together fresh research to address the repercussions of the continuing evolution toward globalization for the conduct of monetary policy.
In this comprehensive book, the authors examine the real and potential effects of increased openness and exposure to international economic dynamics from a variety of perspectives. Their findings reveal that central banks continue to influence decisively domestic economic outcomes—even inflation—suggesting that international factors may have a limited role in national performance. International Dimensions of Monetary Policy will lead the way in analyzing monetary policy measures in complex economies.
This volume makes available the first English version of L’Économie mondiale et les frappes monétaires en France, 1493–1680, Frank C. Spooner’s original and distinguished contribution to economic and monetary history. Generously illustrated with maps and graphs, and abridged by the author, this study introduces the English-reading audience to the methodological approaches of the modern school of French economic history. In this edition, Spooner covers an additional forty-five years not included in his original work: the period 1680–1725 which marks the prelude to the great monetary reform and consolidation of France in 1726.
In addition to bringing the reader up to date on his continuing research, he presents a number of important conclusions concerning this economic era. Drawing from his vast insight into French monetary history and his thorough technical knowledge of French coinage and minds of the period, the author maps the historical and spatial perspectives of the two and a half centuries when France experienced successive periods of inflation as bullion, copper, and credit emerged into the forefront of economic affairs. To illustrate the way in which the sequence of these periods affected the structure of the French economy, he discusses how the relative supply and demand of the metals used in varying degrees as a medium of exchange increased the demand for the metal and influenced the credit system. Credit thus made a special contribution in coordinating and adjusting the various inconsistencies in the production and circulation of the different metals.
Throughout his study, Spooner attributes an important role to money as a significant factor in economic change and development in early modern Europe and focuses on the relationship between the supply of money and the level and pattern of economic activity.
Even though standard economic models predict that output will drop and unemployment will rise during disinflation, Israel saw a boom in private consumption and large increases in real wages that lasted for about three years. To understand how the effects of Israeli disinflation policies defied typical expectations, Leiderman investigates how monetary fiscal policy determined Israel's runaway inflation and how the country brought its economy abruptly under control. He finds that rates of inflation and consumption depend on the public's expectations about future fiscal adjustments and that foreign trade shocks do not inevitably lead to a long-term rise in the inflation rate. His illumination of international trade and domestic policies, past and present, will interest academic economists and policymakers alike.
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