Gerald F. Davis Livres

The turbulence of the stock market and the housing market in the early years of the 21st century have demonstrated the dangers of tying society too closely to financial markets. Managed by the Markets provides a guide to how we got here and unpacks the consequences of linking the well-being of society too closely to financial markets.

Although the fields of organization theory and social movement theory have long been viewed as belonging to different worlds, recent events have intervened, reminding us that organizations are becoming more movement-like and volatile and politicized while movements are more likely to borrow strategies from organizations. Topics covered in this volume range from globalization and transnational social movement organizations to community recycling programs.

The decline of American corporations has significant implications for income inequality and social stability. Once vital to the middle class by providing stable jobs, health benefits, and pensions, corporations like General Motors and Kodak have vanished, replaced by companies with smaller workforces and less commitment to employees. The rise of the "sharing economy" further complicates this, as many workers lack essential protections. Gerald Davis explores these trends and their impact on the economy, suggesting that the future could either exacerbate polarization or foster a more democratic economy.

The theme of corporate power, antitrust, and the changing shape of the economy are seeing a vast outpouring of interest. This Element brings a highly accessible view rooted in recent research and theory.