When More Is Not Better: Overcoming America's Obsession with Economic Efficiency | Barnes & Noble®

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By Roger L. Martin

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Overview

American democratic capitalism is in danger. How can we save it?

For its first two hundred years, the American economy exhibited truly impressive performance. The combination of democratically elected governments and a capitalist system worked, with ever-increasing levels of efficiency spurred by division of labor, international trade, and scientific management of companies. By the nation's bicentennial celebration in 1976, the American economy was the envy of the world.

But since then, outco...

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Business Economics Economics - General & Miscellaneous