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Original Essays | September 4, 2014

Edward E. Baptist: IMG The Two Bodies of The Half Has Never Been Told: Slavery and the Making of American Capitalism



My new book, The Half Has Never Been Told: Slavery and the Making of American Capitalism, is the story of two bodies. The first body was the new... Continue »
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This title in other editions

The Winner-Take-All Society: Why the Few at the Top Get So Much More Than the Rest of Us

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The Winner-Take-All Society: Why the Few at the Top Get So Much More Than the Rest of Us Cover

 

Synopses & Reviews

Publisher Comments:

Disney chairman Michael Eisner topped the 1993 Business Week chart of America's highest-paid executives, his $203 million in earnings roughly 10,000 times that of the lowest paid Disney employee.

During the last two decades, the top one percent of U.S. earners captured more than 40 percent of the country's total earnings growth, one of the largest shifts any society has endured without a revolution or military defeat. Robert H. Frank and Philip J. Cook argue that behind this shift lies the spread of "winner-take-all markets"—markets in which small differences in performance give rise to enormous differences in reward. Long familiar in sports and entertainment, this payoff pattern has increasingly permeated law, finance, fashion, publishing, and other fields. The result: in addition to the growing gap between rich and poor, we see important professions like teaching and engineering in aching need of more talent. This relentless emphasis on coming out on top—the best-selling book, the blockbuster film, the Super Bowl winner—has molded our discourse in ways that many find deeply troubling.

Synopsis:

Selected by Business Week as one of the 10 best business books of the year, this text is "a major contribution to the debate about the causes and consequences of inequality in America".--The New York Times Book Review.

Description:

Includes bibliographical references (p. 247-260) and index.

Table of Contents

Preface

Acknowledgments

1. Winner-Take-All Marekts

2. How Winner-Take-All Markets Arise

3. The Growth of Winner-Take-All Markets

4. Runaway Incomes at the Top

5. Minor-League Superstars

6. Too Many Contestants?

7. The Problem of Wasteful Investment

8. The Battle for Educational Prestige

9. Curbing Wasteful Competition

10. Media and Culture in the Winner-Take-All Society

11. Old Wine in New Bottles

Notes

Bibliography

Index

Product Details

ISBN:
9780140259957
With:
Cook, Philip J.
Author:
Cook, Philip J.
Author:
Frank, Robert H.
Author:
Frank, Robert
Publisher:
Penguin Books
Location:
New York :
Subject:
Success
Subject:
Sociology, anthropology and archaeology
Subject:
Popular Culture
Subject:
Entrepreneurship
Subject:
Consumer behavior
Subject:
Success in business
Subject:
Social conditions
Subject:
Competition
Subject:
Economics - Theory
Subject:
Fame
Subject:
Income distribution
Subject:
Popular Culture - General
Subject:
Economic History
Subject:
Economics - General
Copyright:
Edition Description:
Mass Market
Series Volume:
nr. 4, 1962
Publication Date:
19960931
Binding:
TRADE PAPER
Grade Level:
from 12
Language:
English
Illustrations:
Yes
Pages:
288
Dimensions:
8.42x5.56x.65 in. .61 lbs.
Age Level:
from 18

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Business » History and Biographies
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The Winner-Take-All Society: Why the Few at the Top Get So Much More Than the Rest of Us Used Trade Paper
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Product details 288 pages Penguin Books - English 9780140259957 Reviews:
"Synopsis" by , Selected by Business Week as one of the 10 best business books of the year, this text is "a major contribution to the debate about the causes and consequences of inequality in America".--The New York Times Book Review.

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