4 results for "Global Economy"

Capitalism hits the fan: the global economic meltdown and what to do about it

Wolff, Richard D.
"Capitalism Hits the Fan differs sharply from most other explanations offered by politicians, media commentators, and academics. Step by step, Professor Wolff shows that deep economic structures - the relationship of wages to profits, of workers to boards of directors, and of debts to income - account for the crisis. Government bailout interventions have thrown too little money too late at a problem that requires more than money to solve. As this book shows, we must now ask basic questions about capitalism as a system that has now convulsed the world economy into two great depressions in 75 years (and countless lesser crises, recessions, and cycles in between). The book's essays engage the long-overdue public discussion about basic structural changes and systemic alternatives needed not only to fix today's broken economy but to prevent future crises." --Book Jacket.
Olive Branch Press 2010 262 pages

After the empire: the breakdown of the American order

Todd, Emmanuel
Widely reviewed and critically praised, Emmanuel Todd's After the Empire predicts that the United States is forfeiting its superpower status as it moves away from traditional democratic values of egalitarianism and universalism, lives far beyond its means economically, and continues to anger foreign allies and enemies alike with its military and ideological policies. As America's global dominance evaporates, Todd foresees the emergence of a Eurasian alliance bringing together Europe, Russia, Japan, and the Arab-Islamic world. Todd calmly and straightforwardly takes stock of many negative trends, including America's weakened commitment to the socio-economic integration of African Americans, a bulimic economy that increasingly relies on smoke and mirrors and the goodwill of foreign investors, and a foreign policy that squanders the country's reserves of "soft power" while its militaristic arsonist-fireman behavior is met with increasing resistance. Written by a demographer and historian who foresaw the collapse of the Soviet Union, this original and daring book cannot be ignored. --
Columbia University Press 2003 233 pages

Understanding the crash

Tobocman, Seth
Understanding the Crash starts with a simple question that still haunts us all: What has happened to the world economy? With the kind of striking precision that only graphic nonfiction can provide, Seth Tobocman and Eric Laursen explain just how we got into this mess — and how we can get out of it. Looking back across more than a quarter century, the authors outline the roots of our current economic crisis. They show how the troubles of a working-class community in Cleveland or a newly built suburb of Miami became an international financial crisis, explaining the complex new forms of credit that came into being because of financial deregulation, and how they created an economic whirlpool. From there they discuss how, over the same time span, a smaller and smaller group of people came to control a larger and larger percentage of the world’s money — a result of rising inequality that, combined with the shortage of affordable housing, a decline in real wages, and our unwavering belief in an “ownership society,” impelled poor people into debt. Tobocman and Laursen conclude with a consideration of a restructured financial system and a look toward a culture of sustainability — one that covets real wealth in the form of security, meaningful work, and community.
Soft Skull Press 2010-06-08 116 pages

The tyranny of dead ideas: letting go of the old ways of thinking to unleash a new prosperity

Miller, Matthew
A leading political and business thinker identifies the greatest threat to our economic future: the things we think we know--but don't. In the face of global competition and rapid technological change, our economy is facing its most severe test in nearly a century. Yet our leaders have failed to prepare us for what lies ahead because they are in the grip of a set of "dead ideas" about how a modern economy should work. These ways of thinking--dubious at best and often dead wrong--are on a collision course with irreversible economic developments. Here, Matt Miller offers a blend of business-world acumen and public-policy vision to lay bare how this conventional wisdom holds our country back, and he introduces us to a new way of thinking--what he calls "tomorrow's destined ideas"--that can reinvigorate our economy, our politics, and our day-to-day lives. --From publisher description.
Times Books 2009 258 pages