The New York Times bestselling author of The Forgotten Man and Coolidge offers a stunning revision of our last great period of idealism, the 1960s, with burning relevance for our contemporary challenges. "Great Society is accurate history that reads like a novel, covering the high hopes and catastrophic missteps of our well-meaning leaders." --Alan Greenspan Today, a battle rages in our country. Many Americans are attracted to socialism and economic redistribution while opponents of those ideas argue for purer capitalism. In the 1960s, Americans sought the same goals many seek now: an end to poverty, higher standards of living for the middle class, a better environment and more access to health care and education. Then, too, we debated socialism and capitalism, public sector reform versus private sector advancement. Time and again, whether under John F. Kennedy, Lyndon Johnson, or Richard Nixon, the country chose the public sector. Yet the targets of our idealism proved elusive. What's more, Johnson's and Nixon's programs shackled millions of families in permanent government dependence. Ironically, Shlaes argues, the costs of entitlement commitments made a half century ago preclude the very reforms that Americans will need in coming decades. In Great Society, Shlaes offers a powerful companion to her legendary history of the 1930s, The Forgotten Man, and shows that in fact there was scant difference between two presidents we consider opposites: Johnson and Nixon. Just as technocratic military planning by "the Best and the Brightest" made failure in Vietnam inevitable, so planning by a team of the domestic best and brightest guaranteed fiasco at home. At once history and biography, Great Society sketches moving portraits of the characters in this transformative period, from U.S. Presidents to the visionary UAW leader Walter Reuther, the founders of Intel, and Federal Reserve chairmen William McChesney Martin and Arthur Burns. Great Society casts new light on other figures too, from Ronald Reagan, then governor of California, to the socialist Michael Harrington and the protest movement leader Tom Hayden. Drawing on her classic economic expertise and deep historical knowledge, Shlaes upends the traditional narrative of the era, providing a damning indictment of the consequences of thoughtless idealism with striking relevance for today. Great Society captures a dramatic contest with lessons both dark and bright for our own time.

Mid-twentieth-century capitalism has turned into global capitalism, and global capitalism - turbocharged, Web-based, and able to find and make almost anything just about anywhere - has turned into supercapitalism. But as Robert B. Reich makes clear in this eye-opening book, while supercapitalism is working wonderfully well to enlarge the economic pie, democracy - charged with caring for all citizens - is becoming less and less effective under its influence. Reich explains how widening inequalities of income and wealth, heightened job insecurity, and the spreading effects of global warming are the logical outcomes of supercapitalism. He shows us why companies, fighting harder than ever to maintain their competitive positions, have become even more deeply involved in politics; and how average citizens, seeking great deals and invested in the stock market to an unprecedented degree, are increasingly loath to stand by their values if it means biting the hands that feed them. As one of America's most influential voices, Reich sets out a clear course to a vibrant capitalism and a concurrent, equally vibrant democracy.

DYLAN RATIGAN’S mission is to uncover never-before-seen solutions to the most pressing issues of our time: government corruption, corporate communism, an ailing health care system, an age-old dependency on foreign oil, and a broken educational system. In this groundbreaking book, Ratigan makes a case that America has the opportunity to prosper, but only by setting clear goals. Ratigan believes that this country, now more than ever, needs passionate debate and smart policy, a brazen willingness to scrap what doesn’t work, and the entrepreneurial spirit to try what does. Ratigan has compiled brash and fresh solutions for building a new and better America, and with this book he has started the debate America deserves.

Rothbard opens with a theoretical treatment of business cycle theory, showing how an expansive monetary policy generates imbalances between investment and consumption. He proceeds to examine the Fed's policies of the 1920s, demonstrating that it was quite inflationary even if the effects did not show up in the price of goods and services. He showed that the stock market correction was merely one symptom of the investment boom that led inevitably to a bust. The Great Depression was not a crisis for capitalism but merely an example of the downturn part of the business cycle, which in turn was generated by government intervention in the economy. Had the book appeared in the 1940s, it might have spared the world much grief. Even so, its appearance in 1963 meant that free-market advocates had their first full-scale treatment of this crucial subject. The damage to the intellectual world inflicted by Keynesian- and socialist-style treatments would be limited from that day forward.--Amazon.com

The kind of investigative book that makes you sit up and take notice. Vulture capitalism has seen the corporation become more powerful than the state, and yet its work is often done by stealth, supported by political and media elites. The result is privatised wars and outsourced detention centres, mining companies pillaging precious land in developing countries and struggling nations invaded by NGOs and the corporate dollar. Best-selling journalist Antony Loewenstein travels to Afghanistan, Pakistan, Haiti, Papua New Guinea and across Australia to witness the reality of this largely hidden world of privatised detention centres, outsourced aid, destructive resource wars and militarized private security. Who is involved and why? Can it be stopped? What are the alternatives in a globalised world? Profits of Doom challenges the fundamentals of our unsustainable way of life and the money-making imperatives driving it. Endorsements for Profits of Doom: 'In Australia, so often bereft of voices of dissent and courage, Antony Loewenstein's tenacious work stands out. Profits of Doom is a journey into a world of mutated economics and corrupt politics that we ignore at our peril.' - John Pilger, independent investigative journalist, author and documentary film-maker 'A great exercise in joining the dots, on essential terrain that too often is ignored. At a time when rapacious private interests campaign to destroy government - so they can cash in on its absence - Loewenstein reports from the frontline in an insidious war.' - Paul McGeough, author of Kill Khalid and chief foreign correspondent for The Sydney Morning Herald 'The competition for the most depraved example of the predatory state capitalism of the Reagan-Thatcher neoliberal era is fierce. In this chilling study, based on careful and courageous reporting, and illuminated with perceptive analysis, Antony Loewenstein presents many competitors for the prize, while also helping us understand all too well the saying that man is a wolf to man.' - Noam Chomsky, Institute Professor at MIT and Professor of Linguistics and Philosophy, political activist and author 'Profits of Doom nails the mad idea that the drive for profits will create global wellbeing. Antony Loewenstein delivers a spine-chilling account of the post 9/11 world taken over by vulture capitalism and its political cronies. And this is what we are voting for.' - Bob Brown, former leader of the Australian Greens and director of Sea Shepherd 'Antony Loewenstein's Profits of Doom is a powerful indictment of the corporations and governments across the globe whose unquenchable thirst for resources and power threaten the stability - perhaps even the very existence - of the planet. Loewenstein is no armchair academic or cubicle journalist. The stories in the book are the product of years embedded, in military and economic warzones, with the disempowered of the world, the people from Pakistan to Papua New Guinea and beyond who have the audacity and bravery to fight back against all odds. Loewenstein's keen sense of justice is evident on every page of this book as he gives voice to the voiceless and confronts the powerful. Profits of Doom is a devastating, incisive follow-up to Naomi Klein's The Shock Doctrine.' - Jeremy Scahill, international best-selling author of Dirty Wars and Blackwater

First published in 2006. Routledge is an imprint of Taylor & Francis, an informa company.