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For the past 20 years, corporations have been receiving huge tax breaks and subsidies in the name of "jobs, jobs, jobs." But, as Greg LeRoy demonstrates in this important new book, it's become a costly scam. Playing states and communities off against each other in a bidding war for jobs, corporations reduce their taxes to next-to-nothing and win subsidy packages that routinely exceed $100,000 per job. But the subsidies come with few strings attached....
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Joel Bakan, an eminent law professor and legal theorist, contends that "the corporation" is created by law to function much like a psychopathic personality, whose destructive behavior, if left unchecked, leads to scandal and ruin. Mandated to pursue, relentlessly and without exception, their own economic self-interest, regardless of the harmful consequences it might cause to others-a concept endorsed by no less a luminary than the Nobel Prize-winning...
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Pub. Date
2023.
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English
Description
"A Pulitzer Prize-winning and New York Times bestselling financial journalist and a policy analyst expose the greed and pillaging of a small group of celebrated Wall Street financiers who use excessive debt and dubious practices to undermine our nation's economy while enriching themselves: private equity"--
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Are you appalled by the antiwar tone the news media has taken since the war on terror began-especially "objective" news outlets like the New York Times and the network news? Are you wondering when liberal celebrities like Barbara Streisand, Sean Penn, and Susan Sarandon suddenly became geopolitical oracles whose advice we're supposed to value above the wisdom of tenured experts? Are you at a loss to decide who has betrayed us more outrageously: the...
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Rags-to-riches stories abound in American lore, but even Horatio Alger would have been hard-pressed to write one as powerful as Richard Grasso's: the son of a working-class family whose childhood dream was to become a cop. He grew up in New York City's outer boroughs, far removed from the marble halls, expensive suits, and imported cigars of the New York Stock Exchange. Here is the riveting story of how he rose to become the most influential CEO in...
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John Kenneth Galbraith has long been at the center of American economics, in key positions of responsibility during the New Deal, World War II, and since, guiding policy and debate. His trenchant new book distills this lifetime of experience in the public and private sectors; it is a scathing critique of matters as they stand today.
Sounding the alarm about the increasing gap between reality and "conventional wisdom" -- a phrase he coined -- Galbraith...
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Pub. Date
2012.
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English
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David Cay Johnston has made a name for himself as the defender of the common man, calling out the rich and powerful for cheating the system at the expense of everyone else. Whether he's exposing unjust loopholes in the tax code that help the rich get richer or pointing out how powerful corporations pocket government subsidies at excessive taxpayer expense, Johnston is an eloquent town crier for justice and equality. Now this bestselling author has...
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English
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When Sepp Blatter joined FIFA in 1975 it had just twelve employees. Forty years later, the FBI have accused fourteen executives of forty-seven counts of money laundering, racketeering and tax evasion linked to kickbacks. This book tells the story of how football got big, how FIFA got corrupt and what this means for soccer fans around the world.
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