The Judas Economy: The Triumph of Captial and the Betrayal of Work
Author: William Wolman, Anne Colamosca
List Price: $25.00
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ISBN: 0201442094
Publisher: Addison-Wesley Pub Co (May, 1997)
Sales Rank: 201,769
Average Customer Rating: 4 out of 5
Customer Reviews
Rating: 3 out of 5
Missing the point
The authors have got their premise correct, but in my opinion miss the point in their conclusion. Many of the chapters (especially the one on Bangalore) do not really come to grips with the point of the argument. The title is about the triumph of "Capital" and the betrayal of "Work", a tantalizing title and a true statement in this age. They failed to expand their argument and prove their point.
Rating: 4 out of 5
Very involving and with sound logic to support conclusions
This book takes economics out of abstract textbook equations and applies it to government, culture,etc.The book makes good use of statistics,for things like concentration of wealth among different income levels and the average wage increases through the years of all kinds of education levels.It is explained why cultural differences can make one country more competitive in one area than another, and other ways in which culture impacts economics and vice versa.For example, Indians are credited with drawing corporations with their close family ties:there's usually someone to watch over the kids while Mommy or Daddy takes another shift, and there's no day-care expenses or parents taking time off to be with a sick child. Finally,it's not too technical and it's a whole lot more interesting than some economic material I've digested.
Rating: 5 out of 5
In the late 20th century, big money holds all the cards.
A great primer on the post-coldwar economy where the balance of power has shifted dramatically in favor of capital over labor. Wolman and Colamosca contend that the mobility of capital (in contrast to labor), has lead to a shifting of the balance of power between capital and labor. The "average worker", including many of our best and brightest, will continue to see their plight worsen as the nation as a whole prospers. A very readable if not distressing account of the consequences of our world view where the market-gods reign supreme. Similar Products
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