Tuesday, August 5, 2008

Slackonomics

Whoa, someone actually published another book about Gen X.

"Slackonomics: Generation X in the Age of Creative Destruction" aims to get beyond "supercapitalism," a term the author uses for the market consequences that enhance individual choice but threaten the common good.

Chamberlain's analysis conflates supercapitalism -- a term coined by Robert Reich, former U.S. labor secretary -- and the notion of creative destruction articulated by Joseph Schumpeter, an early 20th-century economist. He called creative destruction the "essential fact about capitalism," adding it "incessantly revolutionizes the economic structure from within."


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