Black Markets and Business Blues: The Man-Made Crisis of 2007-2009 and the Road to a New Capitalism by Yvan AllaireBlack Markets and Business Blues: The Man-Made Crisis of 2007-2009 and the Road to a New Capitalism by Yvan Allaire

Black Markets and Business Blues: The Man-Made Crisis of 2007-2009 and the Road to a New Capitalism

byYvan Allaire, Mihaela Firsirotu

Hardcover | September 21, 2009

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In Ottawa, Brussels, Paris, Berlin, London, some policy makers in and around governments nudged their society towards the American model of business and finance. "Shareholders," now a changing, transient and impatient cohort of funds and speculators, want to dictate business decisions.

The black markets of finance, the unregulated, secretive, barely licit parts of the financial markets have thrived and infected the entire economic system. Business blues, a feeling of insecurity and unfairness take all measures to boost share price, protect their precarious job, and please their financial masters....

This book tells a sad tale of how the American financial system and corporate model have proven fragile and destructive. This book also tells of the consequences: the short-term management of companies, avarice, lack of loyalty within companies and weak governance. This is also a hopeful tale: people brought the system down and people can build it back up again.

Black Markets and Business Blues proposes specific policy recommendations to bring about a new form of capitalism that puts finance in its place, enhances the welfare of our society and protects the long-term health of our economic system.

Yvan Allaire, Ph.D., FRSC is an author of prized articles, professor, consultant to senior management, and former senior executive of a Canadian multinational. Allaire brings a wealth of experience and expertise to corporate and social issues, ranging from business strategy to policy making, and was called "Canada's top authority on co...
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Title:Black Markets and Business Blues: The Man-Made Crisis of 2007-2009 and the Road to a New CapitalismFormat:HardcoverDimensions:302 pages, 9 × 6 × 1 inPublished:September 21, 2009Publisher:FI PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:2922285456

ISBN - 13:9782922285451

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