by Mark S. Mizruchi ‧ RELEASE DATE: May 7, 2013
Intriguing reading for an academic audience.
An expert in sociology and organizational methods challenges the view that business has too much influence on government.
Mizruchi (Sociology and Business Administration/Univ. of Michigan; The Structure of Corporate Political Action, 1992) argues that somewhere between the second Nixon administration and the first Reagan administration, the American business community began to go seriously off track. The author claims that business has abdicated responsibility for developing and advocating practical solutions to national, as opposed to purely sectional, interests. His view will perhaps come as a shock to those accustomed to the ideological divides of our current political landscape. Mizruchi shows how, in the past, businesses had been prepared to cooperate with both government and labor organizations in the common pursuit of national objectives. The New Deal was not the beginning of government involvement in business. Rather, government organized the corporate form to facilitate its purpose of canal construction and then railroad expansion. World War I was a high-water mark of government involvement, and business under Eisenhower was not ideologically averse to the continuation of the New Deal. Mizruchi takes up the question of interlocking directorates as indicative of the formation of corporate elites and discusses how financial institutions and groups have affected particular sectors like manufacturing and trade groups. The author traces two opposing conceptions of the corporation in economic theory and law: the free market theory, which accords primacy to transactions, freely determined between individuals, not corporations, and the view that a corporation is an organization with rules and goals of its own. Emphasis on shareholders' returns has strengthened the first and undermined the capacities of the second through weakening management.
Intriguing reading for an academic audience.Pub Date: May 7, 2013
ISBN: 978-0-674-07299-2
Page Count: 370
Publisher: Harvard Univ.
Review Posted Online: Feb. 26, 2013
Kirkus Reviews Issue: March 15, 2013
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by Paul Kalanithi ‧ RELEASE DATE: Jan. 19, 2016
A moving meditation on mortality by a gifted writer whose dual perspectives of physician and patient provide a singular...
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A neurosurgeon with a passion for literature tragically finds his perfect subject after his diagnosis of terminal lung cancer.
Writing isn’t brain surgery, but it’s rare when someone adept at the latter is also so accomplished at the former. Searching for meaning and purpose in his life, Kalanithi pursued a doctorate in literature and had felt certain that he wouldn’t enter the field of medicine, in which his father and other members of his family excelled. “But I couldn’t let go of the question,” he writes, after realizing that his goals “didn’t quite fit in an English department.” “Where did biology, morality, literature and philosophy intersect?” So he decided to set aside his doctoral dissertation and belatedly prepare for medical school, which “would allow me a chance to find answers that are not in books, to find a different sort of sublime, to forge relationships with the suffering, and to keep following the question of what makes human life meaningful, even in the face of death and decay.” The author’s empathy undoubtedly made him an exceptional doctor, and the precision of his prose—as well as the moral purpose underscoring it—suggests that he could have written a good book on any subject he chose. Part of what makes this book so essential is the fact that it was written under a death sentence following the diagnosis that upended his life, just as he was preparing to end his residency and attract offers at the top of his profession. Kalanithi learned he might have 10 years to live or perhaps five. Should he return to neurosurgery (he could and did), or should he write (he also did)? Should he and his wife have a baby? They did, eight months before he died, which was less than two years after the original diagnosis. “The fact of death is unsettling,” he understates. “Yet there is no other way to live.”
A moving meditation on mortality by a gifted writer whose dual perspectives of physician and patient provide a singular clarity.Pub Date: Jan. 19, 2016
ISBN: 978-0-8129-8840-6
Page Count: 248
Publisher: Random House
Review Posted Online: Sept. 29, 2015
Kirkus Reviews Issue: Oct. 15, 2015
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by Abhijit V. Banerjee & Esther Duflo ‧ RELEASE DATE: Nov. 12, 2019
Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal.
“Quality of life means more than just consumption”: Two MIT economists urge that a smarter, more politically aware economics be brought to bear on social issues.
It’s no secret, write Banerjee and Duflo (co-authors: Poor Economics: A Radical Rethinking of the Way To Fight Global Poverty, 2011), that “we seem to have fallen on hard times.” Immigration, trade, inequality, and taxation problems present themselves daily, and they seem to be intractable. Economics can be put to use in figuring out these big-issue questions. Data can be adduced, for example, to answer the question of whether immigration tends to suppress wages. The answer: “There is no evidence low-skilled migration to rich countries drives wage and employment down for the natives.” In fact, it opens up opportunities for those natives by freeing them to look for better work. The problem becomes thornier when it comes to the matter of free trade; as the authors observe, “left-behind people live in left-behind places,” which explains why regional poverty descended on Appalachia when so many manufacturing jobs left for China in the age of globalism, leaving behind not just left-behind people but also people ripe for exploitation by nationalist politicians. The authors add, interestingly, that the same thing occurred in parts of Germany, Spain, and Norway that fell victim to the “China shock.” In what they call a “slightly technical aside,” they build a case for addressing trade issues not with trade wars but with consumption taxes: “It makes no sense to ask agricultural workers to lose their jobs just so steelworkers can keep theirs, which is what tariffs accomplish.” Policymakers might want to consider such counsel, especially when it is coupled with the observation that free trade benefits workers in poor countries but punishes workers in rich ones.
Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal.Pub Date: Nov. 12, 2019
ISBN: 978-1-61039-950-0
Page Count: 432
Publisher: PublicAffairs
Review Posted Online: Aug. 28, 2019
Kirkus Reviews Issue: Sept. 15, 2019
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