Economy & Finance
The Raging 2020sThe Raging 2020s

The Raging 2020s

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Alec Ross

Picture yourself as a pizza delivery driver who must share 20% of tips with the shop owner after deducting expenses like gas. If you earn $25 in tips and spend $5 on gas, you keep $16 while the owner gets $4. Now, imagine this system on a corporate scale, where the government replaces the shop owner. Though taxes are meant to function this way, large corporations often exploit loopholes to avoid paying their share. For example, by using tactics like transfer pricing, they create artificial expenses to reduce taxable income. On a global scale, companies like Google have used complex schemes, such as the “Double Irish with a Dutch Sandwich,” to shift profits to tax havens like Bermuda, avoiding billions in taxes. These funds could otherwise support public services, highlighting the need for systemic tax reform.

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Worum geht es?

This book delves into the intricate dynamics of modern society, exploring themes like economic inequality, corporate influence, and the evolving role of governments. Through vivid analogies and real-world examples, it examines how outdated systems, unchecked capitalism, and technological advancements challenge societal norms. Offering insights into global models and potential solutions, it encourages readers to rethink the balance between power, responsibility, and progress.

Buchzusammenfassung

Alec Ross is an entrepreneur, professor, and former technology policy advisor for Secretary of State Hillary Clinton during the Obama administration. He is a Distinguished Visiting Professor at the University of Bologna in Italy and a Board Partner at the venture capital firm Amplo. His 2016 book Industries of the Future is a New York Times best seller and was named Book of the Year by the TriBeCa Film Festival’s Disruptive Innovation Foundation.

Picture yourself as a pizza delivery driver who must share 20% of tips with the shop owner after deducting expenses like gas. If you earn $25 in tips and spend $5 on gas, you keep $16 while the owner gets $4. Now, imagine this system on a corporate scale, where the government replaces the shop owner. Though taxes are meant to function this way, large corporations often exploit loopholes to avoid paying their share. For example, by using tactics like transfer pricing, they create artificial expenses to reduce taxable income. On a global scale, companies like Google have used complex schemes, such as the “Double Irish with a Dutch Sandwich,” to shift profits to tax havens like Bermuda, avoiding billions in taxes. These funds could otherwise support public services, highlighting the need for systemic tax reform.

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Alle Bissen
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When Governments Fail, Corporations Rise

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Reviving Worker Power: Lessons from Unions and Nordic Models

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How Corporations Outsmart Taxes: A Pizza Analogy

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Reforming Global Tax Systems to Curb Evasion

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Bridging the Tech Gap in Cyber Defense

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Choosing Between Freedom and Control

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