Predatory Value Extraction

Discover the profound insights of William Lazonick in his compelling book, Predatory Value Extraction, published by Oxford University Press in 2019. This thought-provoking hardback, spanning 252 pages, delves into the ideology of 'maximizing shareholder value' (MSV) that took root in the 1980s. Lazonick argues that this approach has significantly undermined the social foundations necessary for sustainable prosperity in the United States, leading to increased inequality and sluggish productivity growth.

In Predatory Value Extraction, Lazonick not only critiques the detrimental effects of MSV but also sets forth a comprehensive agenda aimed at restoring sustainable prosperity. This book is essential for anyone interested in economic policy and the future of corporate governance.

Join the conversation on how we can reshape our economic landscape for the better. Don't miss out on this vital read!