Hardcover, 352 pages
English language
Published Nov. 6, 2007 by Knopf.
The Squandering of America
How the Failure of Our Politics Undermines Our Prosperity
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A passionate, articulate argument detailing how the United States political system has failed to adapt to the economic challenges of the late 20th and early 21st centuries.The American economy is in peril. It has fallen hostage to a casino of financial speculation, creating instability as well as inequality. Tens of millions of workers are vulnerable to layoffs and outsourcing, health care and retirement burdens are increasingly being shifted from employers to individuals. Here Kuttner debunks alarmist claims about supposed economic hazards and exposes the genuine dangers: hedge funds and private equity run amok, sub-prime lenders, Wall Street middlemen, and America's dependence on foreign central banks. He then outlines a persuasive, bold alternative, a new model of managed capitalism that can deliver security and opportunity, and rekindle democracy as we know it.From the Trade Paperback edition.
Subjects
- Contemporary Economic Situations And Conditions
- Social Stratification
- Political Science
- Politics / Current Events
- Politics/International Relations
- Economic Conditions
- Public Policy - Economic Policy
- Political Science / Economic Policy
- Decision Making & Problem Solving
- Leadership
- Capitalism
- Environmental policy
- Free enterprise
- United States