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Flyer_Paul Adler.pdf
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Flyer_Paul Adler.pdf
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The Los Angeles Institute for
the Humanities welcomes
Paul Adler
Friday, January 10, 2020; 12 noon to 2 p.m.
at USC’s Doheny Memorial Library Rm. 241
Paul Adler, Professor of Management and
Organization, of Sociology, and of Environmental
Studies at USC and LAIH Fellow, discusses his new
book, The 99 Percent Economy: How Democratic
Socialism Can Overcome the Crises of Capitalism.
Adler says of The 99 Percent Economy: “The book
focuses on six crises--economic irrationality,
workplace disempowerment, government
unresponsiveness, environmental degradation,
social disintegration, and international conflict--and
argues that the root cause of each lies in the
capitalist nature of our economic system. I show
why, so long as the core of the economy remains
capitalist, neither voluntary corporate efforts nor
government regulation can overcome these crises,
even if sometimes they can be somewhat mitigated.
To overcome them, we need to reorient production
and investment to the needs of people and planet,
rather than leaving such decisions in the hands of
the top managers of enterprises driven by the need
for profits. We must assert democratic control over
the management of society’s productive resources,
both within individual enterprises and across the
entire national economy
“No country has successfully implemented such a
system in a way that would meet our expectations of
democracy, innovativeness, efficiency, and
motivation, but I argue that we can find something
close to a working model in a surprising place--in the
strategic management process used by some of our
largest corporations. Many of these corporations
operate internally like planned economies--
coordinating their subunits’ production and
investment through strategic management rather
than relying on market-like competition among
subunits--and in doing so, they face many of the
same challenges as socialist planning would. This
experience yields valuable lessons for socialism,
because in some of these corporations, the strategic
management process is remarkably participative, as
well as delivering impressive levels of innovation,
efficiency, and motivation.”
This luncheon is sponsored by Albert Litewka.
RSVP by January 7, 2020 to lahuman@usc.edu.
Free parking is available at USC. Use
Reservation ID 316430. Enter at the
McCarthy Way Structure off Figueroa St.
Abstract (if available)
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Flyer_Paul Adler
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