by Bennett Harrison ‧ RELEASE DATE: May 18, 1994
An arresting albeit donnish, reappraisal of the forces driving the global economy, from a man of the left who minces few words about his progressive agenda. Citing credible data—compiled by Dun & Bradstreet and others- -Harrison (Political Economy/Carnegie Mellon Univ.) puts paid to the widely held notion that small firms are the primary source of new jobs. Nor, he goes on to show, are bantamweights notably adept at creating, much less applying, advanced technologies. By almost any standard, according to Harrison (co-author of The Deindustrialization of America, not reviewed), large multinational corporations still dominate the marketplace. In response to a worldwide profit squeeze during the early 1970s, they shed staff, experimented with so-called outsource contracting, decentralized production as well as management-information facilities, concluded strategic alliances, and otherwise equipped themselves to survive and thrive in an increasingly competitive environment. Harrison's greatest fear is that lean may portend genuinely and persistently mean. His stated desire is ``to promote local economic development with equity,'' an objective he concedes could prove elusive in a world where regional output as often as not is remotely controlled. Focusing on the demand side of the equation, the author decries low-road economic rivalry in which wages and taxes are forced down to the detriment of the infrastructure and labor's purchasing power. To aid effective monitoring and regulation of the socioeconomic behavior of multinationals, he advocates that member countries of the Organization for Economic Cooperation and Development adopt the moral equivalent of common industrial policies, a position certain to draw fire from the right. While Harrison's graceless writing style and penchant for references of interest mainly to fellow academics could deny him a general readership, his persuasively documented and principled text represents a substantive contribution to the public debate on economic development at the community as well as the global level.
Pub Date: May 18, 1994
ISBN: 0-465-06942-8
Page Count: 304
Publisher: Basic Books
Review Posted Online: May 19, 2010
Kirkus Reviews Issue: April 1, 1994
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by Eric Schmidt ; Jonathan Rosenberg with Alan Eagle ‧ RELEASE DATE: Sept. 23, 2014
An informative and creatively multilayered Google guidebook from the businessman’s perspective.
Two distinguished technology executives share the methodology behind what made Google a global business leader.
Former Google CEO Schmidt (co-author: The New Digital Age: Reshaping the Future of People, Nations and Business, 2013) and former senior vice president of products Rosenberg share accumulated wisdom and business acumen from their early careers in technology, then later as management at the Internet search giant. Though little is particularly revelatory or unexpected, the companywide processes that have made Google a household name remain timely and relevant within today’s digitized culture. After several months at Google, the authors found it necessary to retool their management strategies by emphasizing employee culture, codifying company values, and rethinking the way staff is internally positioned in order to best compliment their efforts and potential. Their text places “Googlers” front and center as they adopted the business systems first implemented by Google founders Larry Page and Sergey Brin, who stressed the importance of company-wide open communication. Schmidt and Rosenberg discuss the value of technological insights, Google’s effective “growth mindset” hiring practices, staff meeting maximization, email tips, and the company’s effective solutions to branding competition and product development complications. They also offer a condensed, two-page strategy checklist that serves as an apt blueprint for managers. At times, statements leak into self-congratulatory territory, as when Schmidt and Rosenberg insinuate that a majority of business plans are flawed and that the Google model is superior. Analogies focused on corporate retention and methods of maximizing Google’s historically impressive culture of “smart creatives” reflect the firm’s legacy of spinning intellect and creativity into Internet gold. The authors also demarcate legendary application missteps like “Wave” and “Buzz” while applauding the independent thinkers responsible for catapulting the company into the upper echelons of technological innovation.
An informative and creatively multilayered Google guidebook from the businessman’s perspective.Pub Date: Sept. 23, 2014
ISBN: 978-1455582341
Page Count: 320
Publisher: Business Plus/Grand Central
Review Posted Online: July 21, 2014
Kirkus Reviews Issue: Aug. 15, 2014
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by Eric Schmidt ; Jared Cohen
by Gene Sperling ‧ RELEASE DATE: May 5, 2020
A declaration worth hearing out in a time of growing inequality—and indignity.
Noted number cruncher Sperling delivers an economist’s rejoinder to life, liberty, and the pursuit of happiness.
Former director of the National Economic Council in the administrations of Presidents Bill Clinton and Barack Obama, the author has long taken a view of the dismal science that takes economic justice fully into account. Alongside all the metrics and estimates and reckonings of GDP, inflation, and the supply curve, he holds the great goal of economic policy to be the advancement of human dignity, a concept intangible enough to chase the econometricians away. Growth, the sacred mantra of most economic policy, “should never be considered an appropriate ultimate end goal” for it, he counsels. Though 4% is the magic number for annual growth to be considered healthy, it is healthy only if everyone is getting the benefits and not just the ultrawealthy who are making away with the spoils today. Defining dignity, admits Sperling, can be a kind of “I know it when I see it” problem, but it does not exist where people are a paycheck away from homelessness; the fact, however, that people widely share a view of indignity suggests the “intuitive universality” of its opposite. That said, the author identifies three qualifications, one of them the “ability to meaningfully participate in the economy with respect, not domination and humiliation.” Though these latter terms are also essentially unquantifiable, Sperling holds that this respect—lack of abuse, in another phrasing—can be obtained through a tight labor market and monetary and fiscal policy that pushes for full employment. In other words, where management needs to come looking for workers, workers are likely to be better treated than when the opposite holds. In still other words, writes the author, dignity is in part a function of “ ‘take this job and shove it’ power,” which is a power worth fighting for.
A declaration worth hearing out in a time of growing inequality—and indignity.Pub Date: May 5, 2020
ISBN: 978-1-9848-7987-5
Page Count: 384
Publisher: Penguin Press
Review Posted Online: Feb. 25, 2020
Kirkus Reviews Issue: March 15, 2020
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