The Winner-take-all Society: Why the Few at the Top Get So Much More Than the Rest of Us
Why does the top one per cent of the population capture such a disproportionate amount of the wealth? Why do top athletes win dozens of sponsorship deals, yet competitors who finish just moments behind struggle to attract a single deal? Why does one product become a runaway success, while others flounder and fail? The answer is the rise of 'winner-take-all' markets, in which small differences in performance lead to huge differences in reward.
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LibraryThing ReviewUser Review - jasonli - LibraryThing
"The Winner-Take-All Society" is two economics professors talking about how competitive markets try so hard to undercut each other that the industry as a whole suffers financially. Their arguments are ... Read full review
THE WINNER-TAKE-ALL SOCIETY: How More and More Americans Compete for Ever Fewer and Bigger Rewards, Encouraging Economic Waste, Growing Income Inequality, and an Impoverished Cultured LifeUser Review - Jane Doe - Kirkus
An unsettling report from two economists on how new competitive forces are impacting Americans' social, business, and ethical lives. According to the Frank (Cornell Univ.; Passions Within Reason, 1988 ... Read full review