Predatory Value Extraction

How the Looting of the Business Corporation Became the Us Norm and How Sustainable Prosperity Can Be Restored

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This book explains how an ideology of corporate resource allocation known as 'maximizing shareholder value' (MSV) that emerged in the 1980s undermined the social foundations of sustainable prosperity in the United States, resulting in rising inequality and slow productivity growth, and sets out an agenda for restoring sustainable prosperity.