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Creative destruction : how to start an economic renaissance /

A new technological revolution is needed, backed by political and cultural change to address Western economic stagnation. This means embracing the major disruption required to our companies and workforce to focus on embryonic technological sectors.

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Mullan, Phil (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Bristol, UK ; Chicago, IL, USA : Policy Press, 2017.
Temas:
Acceso en línea:Texto completo

MARC

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520 |a A new technological revolution is needed, backed by political and cultural change to address Western economic stagnation. This means embracing the major disruption required to our companies and workforce to focus on embryonic technological sectors. 
505 0 |a Intro -- CREATIVE DESTRUCTION -- Contents -- List of figures and boxes -- Figures -- Boxes -- List of abbreviations -- Acknowledgements -- Introduction -- Introduction. A decade after the Western financial crisis -- Why no revival of growth? -- The Long Depression -- The state and the zombie economy -- Part I . The state we're in -- 1. Decay and resilience -- False dawns and flawed forecasts -- 2. Productivity in decline -- Why productivity matters -- The deterioration in productivity -- The impact on living standards -- Productivity: investment and innovation -- Productivity controversies -- A new ICT economy? -- The UK productivity puzzle -- 3. Innovation puzzles -- The meaning of innovation -- Measuring innovation -- Innovation and productivity -- Innovation and production -- The state's role in R & D -- and its neglect -- 4. Why investment matters -- Gross investment -- The decay in net business investment -- Why investment still matters -- In conclusion -- Part II. The Long Depression -- 5. The problem of profitability -- The puzzle of low investment -- Resolving the low investment puzzle -- From boom to slump: a crisis of profitability -- 6. The end of growth -- How the crisis of profitability curtails business investment -- Investment languishes despite rising individual company profits -- The intractability of low profitability -- The intellectual challenge -- Part III. How we got stuck -- 7. Contained depression -- The moderated business cycle -- The atrophy of economic dynamism -- Creative destruction drives social productivity -- The decline in business and job turnover -- 8. The zombie economy -- Less creative destruction -- The rise of the zombie economy -- Unintended outcomes -- A contained depression is no better than its predecessor -- 9. The intellectual crisis of capitalism -- The intellectual retreat from change. 
505 8 |a The ubiquity of business uncertainty -- Shifting views on uncertainty, the future and change -- The ebbing of Enlightenment values -- A century of setbacks -- Temporary relief -- Enemies evaporated -- The diminishing of the human -- The economic impact of Enlightenment values -- A cultural aversion to restructuring -- 10. Discomfort with change -- Heightened fixation on risk -- The ascendancy of techno-pessimism -- The mantra of sustainability -- 11. The appeal of muddling through -- The depoliticisation of economic intervention -- The discrediting of state economic policies -- TINA and the rise of technocratic governance -- Resilience enhanced ... -- ... at home ... -- ... and through internationalisation -- 12. The limits of muddling through -- False comfort -- Perpetuation -- Exhaustion -- Destabilisation -- In conclusion -- Part IV. The way out -- 13. Escaping the Long Depression -- The economic challenge -- State-led restructuring -- The state and the Second World War -- The great evasion: political obstacle to change -- Creating the political climate for restructuring -- Democratic disruption -- Notes -- References -- Index. 
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