The winner-take-all society : how more and more Americans compete for ever fewer and bigger prizes, encouraging economic waste, income inequality, and an impoverished cultural life
(Book)

Book Cover
Average Rating
Author
Frank, Robert H.,
Contributors
Cook, Philip J., 1946- author
Status
On Shelf
General Shelving - 3rd Floor
HB238 .F73 1995
1 available

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General Shelving - 3rd FloorHB238 .F73 1995On Shelf

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Subjects

LC Subjects
Competition.
Consumer behavior.
Fame -- Economic aspects.
Income distribution.
Success in business.
Success.
OCLC Fast Subjects
Competition
Consumer behavior
Fame -- Economic aspects
Income distribution
Success
Success in business
Other Subjects
83.05 economic sociology and psychology.
bibliografía.
bibliographie.
bibliography.
competencia.
competition.
Competition.
competitiveness.
competitividad.
comportamiento del consumidor.
comportement du consommateur.
compétitivité
concurrence.
Concurrentie.
consommateur.
Consommateurs -- Comportement.
Consumer behavior.
consumer behaviour.
consumer.
consumidor.
distribución del ingreso.
Ekonomi -- Förenta staterna.
Estados Unidos.
estrés.
Etats-Unis.
Fame -- Economic aspects.
income distribution.
Income distribution.
Inkomensverdeling.
Inkomstfördelning.
Markteconomie.
profit.
profit.
Renommée -- Aspect économique.
Revenu -- Répartition.
répartition du revenu.
réussite.
stress.
stress.
Succes.
Success in business.
success.
Success.
Succès dans les affaires.
Succès.
USA.
utilidad.
Verspilling.
éxito.

More Details

Format
Book
Physical Desc
x, 272 pages ; 25 cm
Language
English

Notes

Bibliography
Includes bibliographical references (pages 247-260) and index.
Description
In this book, two distinguished economists draw attention to an important and disturbing new trend that has dramatically transformed our economy in the last two decades: the spread of "winner-take-all" markets, where more and more people compete for ever fewer and bigger prizes. Such markets, where tiny differences in performance translate into huge differences in reward, have long been the hallmark of the performing arts and professional sports, where increasingly sophisticated recording technologies and the global reach of television have enabled millions to listen to and watch only "star" artists and athletes, leaving nothing for the also-rans. In recent years, however, winner-take-all markets have reached into virtually every part of the nation's economic life, spreading into such businesses as fashion, investment banking, and media; into professions like law and medicine; into higher education; and, increasingly, into management itself.
Description
While not for a moment denying that consumers have sometimes benefited - nobody has to listen to a second-rate soprano when virtually everyone can afford recordings of first-rate singers - Frank and Cook argue persuasively that, on balance, the result has been disastrous. They show how winner-take-all markets have dramatically widened the gap between rich and poor by concentrating all rewards among just a small handful of winners, and how they have lured some of our most talented individuals into socially unproductive and sometimes even destructive pursuits. Finally, in their relentless stress on winners - the bestselling novel, the blockbuster film, and so on - winner-take-all markets have diluted our culture in ways that many people find deeply disturbing.
Terms Governing Use and Reproduction
Current Copyright Fee: GBP25.00,0.,Uk
Local note
SACFinal081324

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Citations

APA Citation, 7th Edition (style guide)

Frank, R. H., & Cook, P. J. (1995). The winner-take-all society: how more and more Americans compete for ever fewer and bigger prizes, encouraging economic waste, income inequality, and an impoverished cultural life . Free Press.

Chicago / Turabian - Author Date Citation, 17th Edition (style guide)

Frank, Robert H. and Philip J. Cook. 1995. The Winner-take-all Society: How More and More Americans Compete for Ever Fewer and Bigger Prizes, Encouraging Economic Waste, Income Inequality, and an Impoverished Cultural Life. New York: Free Press.

Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)

Frank, Robert H. and Philip J. Cook. The Winner-take-all Society: How More and More Americans Compete for Ever Fewer and Bigger Prizes, Encouraging Economic Waste, Income Inequality, and an Impoverished Cultural Life New York: Free Press, 1995.

Harvard Citation (style guide)

Frank, R. H. and Cook, P. J. (1995). The winner-take-all society: how more and more americans compete for ever fewer and bigger prizes, encouraging economic waste, income inequality, and an impoverished cultural life. New York: Free Press.

MLA Citation, 9th Edition (style guide)

Frank, Robert H.,, and Philip J. Cook. The Winner-take-all Society: How More and More Americans Compete for Ever Fewer and Bigger Prizes, Encouraging Economic Waste, Income Inequality, and an Impoverished Cultural Life Free Press, 1995.

Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.

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