While I'm not an MBA or an economics scholar, I'm bright enough to recognize that the business environment in the US has seemed extreme for some time now. I've found a book that supports my layman's impression.
Much of what's happened seems to have come from corrections to the harsh business climate of the 1970's. But after the pendulum swung toward the side of a less restrictive business climate it has continued to swing farther on in that direction. I agree with the author that there is room to correct American capitalism without throwing it out entirely and embracing socialism. Or perhaps I hope he is correct in that belief.
Much of what's happened seems to have come from corrections to the harsh business climate of the 1970's. But after the pendulum swung toward the side of a less restrictive business climate it has continued to swing farther on in that direction. I agree with the author that there is room to correct American capitalism without throwing it out entirely and embracing socialism. Or perhaps I hope he is correct in that belief.
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