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Stock Market Capitalism: Welfare Capitalism: Japan and Germany Versus the Anglo-Saxons

Stock Market Capitalism: Welfare Capitalism: Japan and Germany Versus the Anglo-Saxons

Paperback

Series: Japan Business and Economics

Business GeneralEconomics

ISBN10: 0199240612
ISBN13: 9780199240616
Publisher: Oxford University Press
Published: Jul 13 2000
Pages: 278
Weight: 0.86
Height: 0.62 Width: 6.46 Depth: 8.40
Language: English
This is a book about Washington Consensus capitalism and the controversies its encroachment causes in Japan and Germany. Many people in both those countries share the assumptions dominant today in Britain and America--that managers should be intent solely on creating shareholder value and that shareholders' financial logic alone should determine who buys what company on the stock exchange. That way efficiency (and hence global welfare) will be maximized.

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Business General