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Capitalism at Work PDF
By:Robert L. Bradley
Published on 2009 by Scrivener Pub

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Capitalism took the blame for Enron. Yet Enron was anything but a free-market enterprise, and company-architect Ken Lay was hardly a principled capitalist. Enron was a politically dependent company and, as it turned out, a grotesque outcome of America?s modern mixed economy.Capitalism at Work makes a clear finding: The socioeconomic framework that enabled Enron?and also contributed to its demise?was political capitalism. In contrast to free-market capitalism, political capitalism is a system in which business interests routinely seek, obtain, and employ government intervention for their own advantage, at the expense of consumers, taxpayers, and/or competitors. Ken Lay, a politician masquerading as a corporate chieftain, claimed allegiance to free markets while manipulating the levers of government to propel Enron into new and higher orbits.Capitalism at Work integrates three centuries of leading capitalist thought - much of it based on the insights of capitalist philosophers Adam Smith, Samuel Smiles, and Ayn Rand - to show how errant thinking and fads in the humanities helped set the stage for an Enron. It demonstrates that arrogant behavior in the ivory tower is little different from arrogant behavior in the boardroom. Indeed, ?Enron? moments in the disciplines of history, philosophy, and the social sciences have contributed to the failure to draw the right lessons from the greatest business debacle of modern times.

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Book which was published by Scrivener Pub since 2009 have ISBNs, ISBN 13 Code is 9780976404170 and ISBN 10 Code is 0976404176

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