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This book is not an academic treatise. It is a concise story that tells what America’s multinationals did to the U.S. economy and how they did it. It is an applied and actionable book which includes many suggested solutions that function as steps the reader can take in their company.

This book is based on a promise made by multinationals in 2018 when 181 CEOs signed a commitment letter to lead their companies not just for the benefit of their investors, but for the benefit of all stakeholders: customers, employees, suppliers, communities, and shareholders.

During the last 40 years, the American dream has been dismantled by the policies and decisions of the multinational corporations (MNCs). Instead of benefitting all stake holders, they chose to favor their shareholders over all stake holders and short-term profits over society and country. To begin this process of change to achieve these new commitments, they must first understand what corporations did wrong since 1980 that didn’t benefit the other stakeholders.

This book will provide managers a detailed summary of the problems and obstacles they will need to address and overcome if they are going to make good on their commitment to meet the needs of all stakeholders, including employees, suppliers, communities, and an economy that serves all Americans. It also offers many solutions that will help them improve their job performance.

It is in the interest of America’s multinationals to find ways to protect their technologies, reduce outsourcing, and shift their focus to playing in a long-term economic game if they want to be competitive in the future.

Table of Contents

  1. Cover
  2. Half-Title Page
  3. Title Page
  4. Copyright
  5. Dedication
  6. Description
  7. Contents
  8. List of Figures
  9. List of Tables
  10. Preface
  11. Chapter 1 Introduction
  12. Chapter 2 Outsourcing by Multinational Corporations
  13. Chapter 3 A Surge in Inequality
  14. Chapter 4 The Myth of Free Trade
  15. Chapter 5 Innovation and the Loss of Technology
  16. Chapter 6 The Slow Erosion of American Manufacturing Industries
  17. Chapter 7 Financialization and the Shareholder Revolution
  18. Chapter 8 The Threat of Wall Street
  19. Chapter 9 The Problems of Tax Reduction
  20. Chapter 10 Buying Government With Lobbying Money
  21. Chapter 11 The Rise of Monopolies and Oligopolies
  22. Chapter 12 The Jobs Are There. Where Is the Training?
  23. Chapter 13 The Postindustrial Service Economy
  24. Chapter 14 The Threat of China
  25. Chapter 15 Decline of Productivity and GDP Growth
  26. Chapter 16 The Truth About Currency Manipulation and a Strong Dollar
  27. Chapter 17 We Must Save America’s Manufacturing Sector
  28. Chapter 18 Hope Is Not a Plan
  29. Chapter 19 Solutions
  30. About the Author
  31. Index
  32. Backcover
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