The book begins with a penetrating analysis of the main features of today's capitalism and in particular the conflict between shareholders and managers. It moves on to focus on the consequences of globalization in the decision-making processes of large corporations and represents an important...

This paper presents an analysis of the evolution of industrial wages in a selection of OECD countries, using data drawn from the Structural Analysis Database and a sequence of techniques that apply cluster and discriminant analysis to time-series of wage change by industry. The principal finding...

The "American Model" serves as a point of reference in discussions of economic policy around the world, especially in Europe. Many claim that the American version of the free market represents an ideal type - it is the highest form of capitalism. Senior Scholar James K. Galbraith argues,...