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Risk and Ruin: Enron and the Culture of American Capitalism by Gavin Benke (Engl

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ISBN-13
9780812250206
Book Title
Risk and Ruin
ISBN
9780812250206
Publication Year
2018
Type
Textbook
Format
Hardcover
Language
English
Publication Name
Risk and Ruin: Enron and the Culture of American Capitalism
Item Height
229mm
Author
Gavin Benke
Publisher
University of Pennsylvania Press
Item Width
152mm
Subject
Business, Criminology
Number of Pages
272 Pages

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Product Information

At the time of its collapse in 2001, Enron was one of the largest companies in the world, boasting revenue of over $100 billion. During the 1990s economic boom, the Houston, Texas-based energy company had diversified into commodities and derivatives trading and many other ventures-some more legal than others. In the lead-up to Enron's demise, it was revealed that the company's financial success was sustained by a creatively planned and well-orchestrated accounting fraud. The story of Enron and its disastrous aftermath has since become a symbol of corporate excess and negligence, framed as an exceptional event in the annals of American business. With Risk and Ruin, Gavin Benke places Enron's fall within the larger history and culture of late twentieth-century American capitalism. In many ways, Benke argues, Enron was emblematic of the transitions that characterized the era. Like Enron, the American economy had shifted from old industry to the so-called knowledge economy, from goods to finance, and from national to global modes of production. Benke dives deep into the Enron archives, analyzing company newsletters, board meeting minutes, and courtroom transcriptions to chart several interconnected themes across Enron's history: the changing fortunes of Houston; the shifting attitudes toward business strategy, deregulation, and the function of the market among policy makers and business leaders; and the cultural context that accompanied and encouraged these broader political and economic changes. Considered against this backdrop, Enron takes on new significance as a potent reminder of the unaddressed issues still facing national and global economies. Published in cooperation with the William P. Clements Center for Southwest Studies at Southern Methodist University.

Product Identifiers

Publisher
University of Pennsylvania Press
ISBN-13
9780812250206
eBay Product ID (ePID)
15046694271

Product Key Features

Author
Gavin Benke
Publication Name
Risk and Ruin: Enron and the Culture of American Capitalism
Format
Hardcover
Language
English
Subject
Business, Criminology
Publication Year
2018
Type
Textbook
Number of Pages
272 Pages

Dimensions

Item Height
229mm
Item Width
152mm

Additional Product Features

Title_Author
Gavin Benke
Series Title
American Business, Politics, and Society
Country/Region of Manufacture
United States

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