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New suburban communities have sprung up all over America, while industrial plants and other commercial districts in the inner city have been left to decay. Nowhere is this more evident that the midwestern United States, where newly formed communities have funneled jobs and income from the inner city. Generally known as sprawl, the problem is particularly acute in those metropolitan areas where deconcentration is taking place-decline in the central city coupled with suburban growth. This process creates benefits in the sububrs, but also increasingly poses costs in the form of congestion and increased infrastructure costs. When Corporations Leave Town analyzes and develops a consistent and comprehensive cost-benefit analysis of employment deconcentration, focussing on central cities and their suburbs. Sprawl and deconcentration have become big issues in Vice President Albert Gore's presidential campaign, and are the subject of a growing number of policy initiatives, conferences, and research efforts by organizing such as the Urban Land Institute, the National Homebuilders Association, and the Brookings Institute. Joseph Persky and Wim Wiewel compare the costs and benefits of a firm's locating in the central city with locating in the suburbs. They use a hypothetical model of a large manufacturing plant and a business services office in the Chicago metropolitan area to calculate tangible and intangible costs such as population and traffic congestion, air pollution, housing abandonment, loss of farmland, tax liabilities, and the strain put on suburban public resources. Persky and Wiewel then explore a broad range of public policies advocated for reversing or mitigating metropolitan deconcentration.
Nobel-Prize-winning economist Paul Krugman argues that business leaders need to understand the differences between economic policy on the national and international scale and business strategy on the organizational scale. Economists deal with the closed system of a national economy, whereas executives live in the open-system world of business. Moreover, economists know that an economy must be run on the basis of general principles, but businesspeople are forever in search of the particular brilliant strategy. Krugman's article serves to elucidate the world of economics for businesspeople who are so close to it and yet are continually frustrated by what they see. Since 1922, Harvard Business Review has been a leading source of breakthrough management ideas-many of which still speak to and influence us today. The Harvard Business Review Classics series now offers readers the opportunity to make these seminal pieces a part of your permanent management library. Each highly readable volume contains a groundbreaking idea that continues to shape best practices and inspire countless managers around the world-and will have a direct impact on you today and for years to come.
This is a book about the impact of high tech defense production on individuals, families, and communities. It analyzes the restructuring of an American industry around high tech defense production, and the effect of this restructuring on employment opportunities and on the redistribution of profits. The author is concerned with the construction of corporate hegemony which she defines in Gramscian terms as leadership by large corporations, establishing a pattern for industrial organization. Focusing on regional economic history and corporate policy, Dr. Nash identifies the interconnected issues that bear on the relationship between industrial transformation and social life, on the restructuring of the American economy, and the consequences of militarization and commercialization on the family and community.