04918cam a2200661 i 4500 000226940 OCoLC 20220105164803.0 20200825062754.7 m d | | cr ||||||||||| 200421s2020 maua ob 001 0 eng NEZPRACOVANÝ IMPORT 2020012327 9781647820077 electronic book 1647820073 electronic book 9781647820060 hardcover 2357768 (N$T) (OCoLC)1154112858 pcc n us HB501 .M513 2020 330.973 23 Martin, Roger L., author. When more is not better : overcoming America's obsession with economic efficiency / Roger L. Martin. Boston, Massachusetts : Harvard Business Review Press, [2020] 1 online resource : illustrations text txt rdacontent computer n rdamedia online resource nc rdacarrier Includes bibliographical references and index. Introduction: A system out of balance -- Part A. Problem: The American economy as an efficient machine -- The chain of imperfection -- Towards a Pareto economy -- The American economy as a natural system -- Part B. Solutions: Achieving balance in America's natural system -- An agenda for business executives -- An agenda for political leaders -- An agenda for educators -- An agenda for citizens -- Closing thoughts. "American democratic capitalism is in danger. How can we save it? For its first 200 years, the American economy exhibited truly impressive performance. The combination of democratically elected governments and a capitalist system worked, with ever-increasing levels of efficiency, spurred by division of labor, international trade, and scientific management of companies. By the nation's bicentenary in 1976, the American economy was the envy of the world. But since then, outcomes have changed dramatically. Growth in the economic prosperity of the average American family has slowed to a crawl, while the wealth of the richest Americans has grown to a level never seen before. This imbalance threatens the American democratic capitalist system, which only works when the average family benefits enough to keep voting for it. In this bracing yet constructive book, world-renowned business thinker Roger Martin starkly outlines the fundamental problem: we have treated the economy as a machine for which the pursuit of ever-greater efficiency is considered an inherently good thing. But it has become too much of a good thing. Our obsession with efficiency has inadvertently shifted the shape of our economic outcomes: from a large middle class and smaller numbers of rich and poor (think of a bell-shaped curve) to a greater share of benefits accruing to a thin tail of already rich Americans (a Pareto distribution). We must stop treating the economy as a perfectible machine, Martin argues, and shift toward viewing it as a complex adaptive system in which we must seek a fundamental balance of efficiency with resilience. To achieve this, we need to keep in mind the whole while working on the component parts; pursue improvement, not perfection; and relentlessly tweak instead of attempting to find permanent solutions. Filled with keen economic insight and advice for citizens, executives, policymakers, and educators, When More Is Not Better is the must-read guide for saving democratic cap Description based on online resource; title from digital title page (viewed on August 24, 2020). Master record variable field(s) change: 050 Since 1945 fast Capitalism United States. Distribution (Economic theory) Industrial efficiency United States. Capitalism. fast (OCoLC)fst00846425 Distribution (Economic theory) fast (OCoLC)fst00895595 Economic history. fast (OCoLC)fst00901974 Industrial efficiency. fast (OCoLC)fst00970970 United States Economic conditions 1945- United States. fast (OCoLC)fst01204155 elektronické knihy fd186907 czenas electronic books eczenas Print version: Martin, Roger L.. When more is not better Boston, MA : Harvard Business Review Press, [2020] 9781647820060 (DLC) 2020012326 EBSCOhost https://zdroje.vse.cz/login?url=https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=2357768 Plný text HBR EB NEPOSILAT EB MAIN YBP Library Services YANK 16888003 EBSCOhost EBSC 2357768 92 N$T