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The Vanishing American Corporation
Book

The Vanishing American Corporation

Navigating the Hazards of a New Economy

Berrett-Koehler, 2016 plus...


Editorial Rating

9

Qualities

  • Eye Opening
  • Visionary
  • Eloquent

Recommendation

If you like books that offer a new way of looking at the familiar and that challenge your previously held assumptions, you will revel in this one. Professor Gerald F. Davis notes that corporations have been the bogeyman in many narratives, embodying all the sins of capitalist greed. But he warns you to be careful what you wish for: With outsourcing, corporate raiders, the Internet and “platform capitalism,” the American public corporation is dying out, and with its demise go prospects for middle-class jobs and careers. The picture Davis paints is realistic and sobering, and, as the best books do, his work could change the way you look at the world. getAbstract recommends this enlightening text to employers and employees – corporate or not.

Take-Aways

  • The year 1970 marked the peak of employment in America’s large public corporations and the time when rate of income inequality was the lowest in US history. 
  • In the 1980s, conglomerates focused on core businesses and shareholder value.
  • American manufacturing jobs were outsourced and offshored in the 1990s.   

About the Author

Gerald F. Davis is a professor of management and sociology at the University of Michigan.