8 results for "Economic History"

The conscience of a liberal

Krugman, Paul R.
Today's most widely read economist challenges America to reclaim the values that made it great. Here he studies the past eighty years of American history, from the reforms that tamed the harsh inequality of the Gilded Age to the unraveling of that achievement and the reemergence of immense economic and political inequality since the 1970s. Seeking to understand both what happened to middle-class America and what it will take to achieve a "new New Deal," Krugman has woven together a nuanced account of three generations of history with sharp political, social, and economic analysis. This book, written with Krugman's trademark ability to explain complex issues simply, may transform the debate about American social policy.--From publisher description.
W.W. Norton & Co 2009-01 296 pages

Angry white men: American masculinity at the end of an era

Kimmel, Michael S.
Sociologist Michael Kimmel, one of the leading writers on men and masculinity, has spent hundreds of hours in the company of America's angry white men--from white supremacists to men's rights activists to young students--in pursuit of a comprehensive diagnosis of their fears, anxieties, and rage. Kimmel locates this increase in anger in the seismic economic, social, and political shifts that have transformed the American landscape: Downward mobility, increased racial and gender equality, and tenaciously clinging to an anachronistic ideology of masculinity has left many men feeling betrayed and bewildered. Raised to expect unparalleled social and economic privilege, white men are suffering today from what Kimmel calls "aggrieved entitlement": a sense that those benefits that white men believed were their due have been snatched away from them. The election of Donald Trump proved that angry white men can still change the course of history. Here, Kimmel argues that we must consider the rage of this "forgotten" group and create solutions that address the concerns of all Americans.
Nation Books 2017-04-25 314 pages

Tailspin: the people and forces behind America's fifty-year fall--and those fighting to reverse it

Brill, Steven
"From the award-winning journalist and best-selling author of America's Bitter Pill: a tour de force examination of 1) how and why major American institutions no longer serve us as they should, causing a deep rift between the vulnerable majority and the protected few, and 2) how some individuals and organizations are laying the foundation for real, lasting change. In this revelatory narrative covering the years 1967 to 2017, Steven Brill gives us a stunningly cogent picture of the broken system at the heart of our society. He shows us how, over the last half-century, America's core values--meritocracy, innovation, due process, free speech, and even democracy itself--have somehow managed to power its decline into dysfunction. They have isolated our best and brightest, whose positions at the top have never been more secure or more remote. The result has been an erosion of responsibility and accountability, an epidemic of shortsightedness, an increasingly hollow economic and political center, and millions of Americans gripped by apathy and hopelessness. By examining the people and forces behind the rise of big-money lobbying, legal and financial engineering, the demise of private-sector unions, and a hamstrung bureaucracy, Brill answers the question on everyone's mind: How did we end up this way? Finally, he introduces us to those working quietly and effectively to repair the damages. At once a diagnosis of our national ills, a history of their development, and a prescription for a brighter future, Tailspin is a work of riveting journalism--and a welcome antidote to political despair"--
Alfred A. Knopf 2018-05-29 441 pages

Last best hope: America in crisis and renewal

Packer, George
2020: A ruthless pandemic, an inept and malign government response, polarizing protests, and an election marred by conspiracy theories left many citizens in despair about their country and its democratic experiment. Packer explores four narratives that now dominate American life: Free America, which imagines a nation of separate individuals and serves the interests of corporations and the wealthy; Smart America, the world view of Silicon Valley and the professional elite; Real America, the white Christian nationalism of the heartland; and Just America, which sees citizens as members of identity groups that inflict or suffer oppression. He shows that none of these narratives can sustain a democracy: we must look for a common American identity and find it in the passion for equality that Americans of diverse persuasions have held for centuries. -- adapted from jacket
Farrar, Straus and Giroux 2021-06-15 226 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

The vanishing middle class: prejudice and power in a dual economy

Temin, Peter
"The United States is becoming a nation of rich and poor, with few families in the middle. In this book, MIT economist Peter Temin offers an illuminating way to look at the vanishing middle class. Temin argues that American history and politics, particularly slavery and its aftermath, play an important part in the widening gap between rich and poor. Temin employs a well-known, simple model of a dual economy to examine the dynamics of the rich/poor divide in America, and outlines ways to work toward greater equality so that America will no longer have one economy for the rich and one for the poor. Many poorer Americans live in conditions resembling those of a developing country--substandard education, dilapidated housing, and few stable employment opportunities. And although almost half of black Americans are poor, most poor people are not black. Conservative white politicians still appeal to the racism of poor white voters to get support for policies that harm low-income people as a whole, casting recipients of social programs as the Other--black, Latino, not like "us." Politicians also use mass incarceration as a tool to keep black and Latino Americans from participating fully in society. Money goes to a vast entrenched prison system rather than to education. In the dual justice system, the rich pay fines and the poor go to jail."--Publisher's description
The MIT Press 2018-03-09 268 pages

The Paris Commune: a revolution in democracy

Gluckstein, Donny
For two months in 1871, the workers of Paris took control of Europe's most celebrated capital city. When they established the world's first workers' democracy--the Paris Commune--they found no ready-made blueprints, and no precedents to study for how to run their city without princes, prison wardens, or professional politicians. All they had was the boundless revolutionary enthusiasm of Paris's socialists, communists, anarchists, and radical Jacobins, all of whom threw their energies into creating a new society. As the city's bakers, industrial workers, and other "ruffians" built new institutions of collective political power to overturn social and economic inequality, their former rulers sought to thwart their efforts by any means necessary--ultimately deciding to drown the Communards in blood. By paying particular attention to the historic problems of the Commune, critical debates over its implications, and the glimpse of a better world the Commune provided, Gluckstein reveals its enduring lessons and inspiration for today's struggles. Donny Gluckstein is author of The Nazis, Capitalism and the Working Class and The Tragedy of Bukharin . He is a lecturer in history in Edinburgh and is a member of the Socialist Workers Party.
Haymarket Books 2011 248 pages