Literati is pleased to welcome Ross Business School professor Gerald F. Davis in support of his most recent book, The Vanishing American Corporation: Navigating the Hazards of a New Economy.
It may be hard to believe in an era of Walmart, Citizens United, and the Koch brothers, but corporations are on the decline. The number of American companies listed on the stock market dropped by half between 1996 and 2012. In recent years we’ve seen some of the most storied corporations go bankrupt (General Motors, Chrysler, Eastman Kodak) or disappear entirely (Bethlehem Steel, Lehman Brothers, Borders). Gerald Davis argues this is a root cause of the income inequality and social instability we face today. Corporations were once an integral part of building the middle class. He points out that in their heyday they offered millions of people lifetime employment, a stable career path, health insurance, and retirement pensions. They were like small private welfare states. The businesses that are replacing them will not fill the same role. For one thing, they employ far fewer people—the combined global workforces of Facebook, Yelp, Zynga, LinkedIn, Zillow, Tableau, Zulily, and Box are smaller than the number of people who lost their jobs when Circuit City was liquidated in 2009. And in the “sharing economy,” companies have no obligation to most of the people who work for them—at the end of 2014 Uber had over 160,000 “driver-partners” in the United States but recognized only about 2,000 people as actual employees. Davis tracks the rise of the large American corporation and the economic, social, and technological developments that have led to its decline. The future could see either increasing economic polarization, as careers turn into jobs and jobs turn into tasks, or a more democratic economy built from the grass roots. It’s up to us.
Gerald F. Davis is the Wilbur K. Pierpont Collegiate Professor of Management at the University of Michigan’s Ross School of Business. He has published widely in management, sociology, and finance. Recent books include Social Movements and Organization Theory (with Doug McAdam, W. Richard Scott, and Mayer N. Zald);Organizations and Organizing (with W. Richard Scott); Managed by the Markets(which won the 2010 Terry Award for best book from the Academy of Management); and Changing your Company from the Inside Out (with Christoper White). He is Editor of Administrative Science Quarterly and Director of the Interdisciplinary Committee on Organization Studies (ICOS) at the University of Michigan.
Dr. Monica Starkman, author of The End of Miracles, is a psychiatrist who is a faculty member of the University of Michigan Medical School Department of Psychiatry in Ann Arbor, Michigan. She is a clinician and a scientific researcher. Many of her publications in the scientific literature highlight concerns and conditions of women, such as the first study of women’s reactions to the use of fetal monitoring during labor. She has served on the editorial board of the Journal of Psychosomatic Obstetrics and Gynecology. She is a recognized expert on the effects of stress hormones on mood and on brain structure. Dr. Starkman has also published in The New Republic and Vogue magazine.
Local children’s writer and poet Shutta Crum reads her poetry. “Shutta invites us to sit on the front porch, to listen to the crickets, to watch the fireflies sparkle and dance on a warm summer night, and to listen,” says writer Charles Van Heck. The program begins with an open mike for poets, who are welcome to read their own work or a favorite poem by another writer.
Storytellers Guild members present a program of old tales and personal stories for grownups. Free; donations accepted.annarborstorytelling.org, facebook.com/annarborstorytellers. 665-2757.
The 2nd of 3 book crawls (see June 16 & 18) begins at the Ypsilanti District Library (229 W. Michigan Ave.) with storytelling by LaRon Williams (3 p.m.), a talk on ethnic and gender diversity in superheroes by comic ebook creator Jazmin Truesdale(4 p.m.), kids activities, a bookmobile, and more. 5 p.m. (Black Stone Bookstore & Cultural Center, 214 W. Michigan Ave.): Reading by local novelist Tiya Miles. 6 p.m. (Beezy’s Café, 20 N. Washington, Ypsilanti): Readings TBA. 7 p.m. (Chin-Azzaro Gallery, 9 S. Washington): Readings by Tennessee- and Michigan-based memoirist Deedra Climer and local novelist Heather Neff. 8 p.m. (Ypsi Alehouse, 124 Pearl St.):Readings by local memoirist R.J. Fox and Virginia-based mystery writer Tj O’Connor.
3-9 p.m., various Ypsilanti locations. Free admission. info@aabookfestival.org.
Sale of a wide variety of books, plus readings and spoken word performances, a drum circle (12:30-2 p.m.), balloon artists (2:30-4:30 p.m.), and more. Food available. The festival also includes 3 book crawls (see listings on June 16 & 17 and below).
Noon-5 p.m., Washington between 4th & 5th aves. Free admission.info@aabookfestival.org.
All invited to listen to guild members swap stories or bring their own to tell.
Local writer TBA. The program begins with an open mike for poets, who are welcome to read their own work or a favorite poem by another writer.
All invited to listen to guild members swap stories or bring their own to tell.
Peter Ho Davies is the author of two novels, The Fortunes and The Welsh Girl (long-listed for the Man Booker Prize), and two short story collections, The Ugliest House in the World (winner of the John Llewelyn Rhys Prize) and Equal Love (A New York Times Notable Book).
His work has appeared in Harpers, The Atlantic, The Paris Review, The Guardian and Washington Post among others, and has been widely anthologized, including selections for Prize Stories: The O. Henry Awards and Best American Short Stories. In 2003 Granta magazine named him among its Best of Young British Novelists.
Davies is also a recipient of fellowships from the Guggenheim Foundation and the National Endowment for the Arts, and is a winner of the PEN/Malamud Award.
Born in Britain to Welsh and Chinese parents, he now makes his home in the US. He has taught at the University of Oregon and Emory University, and is currently on the faculty of the Helen Zell MFA Program in Creative Writing at the University of Michigan in Ann Arbor.
