by W. David Marx · 18 Nov 2025 · 642pp · 142,332 words
wealth reflected a broader cultural shift. Flaunting money was once seen as gauche, but gaucheness itself was no longer socially disqualifying. In a high-pressure, winner-takes-all economy, the most successful millennials displayed their status by living and dressing like children and by outsourcing adult responsibility to focus entirely on self-optimization. The
by Sarah Chayes · 19 Jan 2015 · 352pp · 90,622 words
took me on a tour of shuttered factories and warehouses: Bata shoes, an electronics factory, despairingly empty.* The result of this oil “monoculture” is a winner-take-all economy, in which unemployment and penury rise steadily, while political office guarantees a space at the Nigerian version of Tunisia’s feeding-trough state. The official
by Matthew B. Crawford · 29 Mar 2015 · 351pp · 100,791 words
good democratic Übermensch. And while in Calvin’s time the threat of damnation might have been dismissed by some as a mere superstition, with our winner-take-all economy the risk of damnation has acquired real teeth. There is a real chance that you may get stuck at the bottom. MOBILITY AND THE DEMOCRATIC
by Conor Dougherty · 18 Feb 2020 · 331pp · 95,582 words
with a lack of space. It’s the concentration of opportunity and the rising cost of being near it. It says much about today’s winner-take-all economy that many of the cities with the most glaring epidemics of homelessness are growing technology and finance centers where good-paying jobs are plentiful and
by Erik Brynjolfsson · 23 Jan 2012 · 72pp · 21,361 words
of revenues in every market, from classical music’s Yo-Yo Ma to pop’s Lady Gaga. Economists Robert Frank and Philip Cook documented how winner-take-all markets have proliferated as technology transformed not only recorded music but also software, drama, sports, and every other industry that can be transmitted as digital bits
by George Gilder · 23 Feb 2016 · 209pp · 53,236 words
than wages in accordance with inexorable capitalist logic, the yield of investment exceeds the rate of economic growth. The harvest is an increasingly top-heavy, winner-take-all economy, smothering middle- and lower-class opportunities. President Obama’s friend and counselor Ta-Nehisi Coates, from his perch atop the bestseller lists and at the
by Andrew Yang · 15 Nov 2021
Americans own only 8 percent of stock market wealth, and the bottom 48 percent own zero. We are in the midst of the most extreme winner-take-all economy in the history of the world. This disparity might be more tolerable for the average American if costs were stable even as their income and
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file disappear. Top journalists continue to make good money; there will just be a lot fewer of them, with others looking up at them. The winner-take-all economy is subsuming the field as it is so many others. If you ask a journalist about the secular disruption, you’re likely to get a
by Jeff Booth · 14 Jan 2020 · 180pp · 55,805 words
creates a positive feedback loop of value leading to exponential growth. Designing a platform to take advantage of strong network effects creates lock-in and winner-take-all markets. The Internet itself has one of the strongest network effects, and consequently so do many of the top companies built on it. Ironically, network effects
by Arianna Huffington · 7 Sep 2010 · 300pp · 78,475 words
$46 million.49 HOMER SIMPSON HAS IT TOO GOOD: SNAPSHOTS FROM THE MIDDLE-CLASS BATTLEFIELD The numbers don’t lie: We increasingly live in a “winner take all” economy. Indeed, we’ve arrived at a point where even Homer Simpson—created as a classic American Everyman character—is now living a middle-class fantasy
by Cal Newport · 5 Jan 2016
the peak of the market thrive while the rest suffer. In a seminal 1981 paper, the economist Sherwin Rosen worked out the mathematics behind these “winner-take-all” markets. One of his key insights was to explicitly model talent—labeled, innocuously, with the variable q in his formulas—as a factor with “imperfect substitution
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