4 results for "Capitalism"

Great Society A New History

Amity Shlaes
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.
HarperCollins Publishers 2020-11-24 528 pages

Can American capitalism survive? why greed is not good, opportunity is not equal, and fairness won't make us poor

Pearlstein, Steven
Pulitzer Prize-winning economics journalist Steven Pearlstein argues that our thirty year experiment in unfettered markets has undermined core values required to make capitalism and democracy work. Thirty years ago, 'greed is good' and 'maximizing shareholder value' became the new mantras woven into the fabric of our business culture, economy, and politics. Although, around the world, free market capitalism has lifted more than a billion people from poverty, in the United States most of the benefits of economic growth have been captured by the richest 10%, along with providing justification for squeezing workers, cheating customers, avoiding taxes, and leaving communities in the lurch. As a result, Americans are losing faith that a free market economy is the best system. In Can American Capitalism Survive', Pulitzer Prize-winning journalist Steven Pearlstein chronicles our descent and challenges the theories being taught in business schools and exercised in boardrooms around the country. We're missing a key tenet of Adam Smith's wealth of nations: without trust and social capital, democratic capitalism cannot survive. Further, equality of incomes and opportunity need not come at the expense of economic growth. Pearlstein lays out bold steps we can take as a country: a guaranteed minimum income paired with universal national service, tax incentives for companies to share profits with workers, ending class segregation in public education, and restoring competition to markets. He provides a path forward that will create the shared prosperity that will sustain capitalism over the long term ; Thirty years ago, 'greed is good' and 'maximizing shareholder value' became the new mantras woven into the fabric of our business culture, economy, and politics. Pearlstein argues that our thirty year experiment in unfettered markets has undermined core values required to make capitalism and democracy work. He challenges the theories being taught in business schools and in boardrooms, believing that we're missing a key tenet of Adam Smith's wealth of nations: without trust and social capital, democratic capitalism cannot survive. -- adapted from jacket
St. Martin's Press 2018 244 pages

All together now: common sense for a fair economy

Bernstein, Jared.
So said American patriot Tom Paine. He, like the other Founders, saw this country as a unique opportunity to build a society that valued the wellbeing of all of its people over the interests of the few. In the past 230 years, we’ve lost sight of Paine’s vision. Our government has adopted a YOYO (you’re-on-your-own) response in the face of even the most pressing national problems—diminished job security, the rising number of Americans without health coverage, stagnant incomes, decaying public schools, and more. “Here’s a tax cut and a private account,” they tell us, “now go fend for yourself.” It hasn’t worked. The YOYO strategy has proven to be incapable of addressing the economic challenges that confront us and has instead led to a massive upward shift in wealth and opportunity favoring the few and deteriorating living standards and increasing insecurity for the rest of us. All Together Now details an alternative WITT (we’re-in-this-together) strategy for solving our most daunting problems. Detailing practical, collaborative responses to globalization, health care, employment, and other areas that could improve the lives of millions of Americans without increasing national spending, All Together Now shows that the challenges we face can be solved. Together, we can wield the tools of government to build a more just and equitable society.
Berrett-Koehler 2006-05-14 154 pages

Disaster capitalism: making a killing out of catastrophe

Loewenstein, Antony
"Crisis? What crisis? How powerful corporations make a killing out of disaster Award-winning journalist Antony Loewenstein travels across the US, Britain, Afghanistan, Pakistan, Haiti, Papua New Guinea and Australia to witness the reality of Disaster Capitalism--the hidden world of privatized detention centers and militarized private security, formed to protect corporations as they profit from war zones. He visits Britain's immigration detention centers, tours the prison system in the United States, and digs into the underbelly of the companies making a fortune from them. Loewenstein reveals the dark history of how large multinational corporations have become more powerful than governments, supported by media and political elites"--
Verso Books 2015-09-15 376 pages