The American Dream vs. The Gospel of Wealth: The Fight for a Productive Middle-Class EconomyYale University Press, 2008 M10 1 - 240 páginas Norton Garfinkle paints a disquieting picture of America today: a nation increasingly divided between economic winners and losers, a nation in which the middle-class American Dream seems more and more elusive. Recent government policies reflect a commitment to a new supply-side winner-take-all Gospel of Wealth. Garfinkle warns that this supply-side economic vision favors the privileged few over the majority of American citizens striving to better their economic condition.Garfinkle employs historical insight and data-based economic analysis to demonstrate compellingly the sharp departure of the supply-side Gospel of Wealth from an American ideal that dates back to Abraham Lincoln—the vision of America as a society in which ordinary, hard-working individuals can get ahead and attain a middle-class living, and in which government plays an active role in expanding opportunities and ensuring against economic exploitation. Supply-side economic policies increase economic disparities and, Garfinkle insists, they fail on technical, factual, moral, and political grounds. He outlines a fresh economic vision, consonant with the great American tradition of ensuring strong economic growth, while preserving the middle-class American Dream. |
Dentro del libro
Resultados 1-5 de 28
Página 1
... created over 23 million new jobs , an average of more than 2.9 million a year.1 Americans were enjoying an unprecedented level of prosperity . Govern- ment's fiscal house was in order . The federal government. Introduction.
... created over 23 million new jobs , an average of more than 2.9 million a year.1 Americans were enjoying an unprecedented level of prosperity . Govern- ment's fiscal house was in order . The federal government. Introduction.
Página 2
... created fell far short of economists ' estimates of the minimum of 150,000 per month needed to accommodate new entrants to the labor force . In- deed in the five years of the Bush administration from 2001 to 2005 , the economy created ...
... created fell far short of economists ' estimates of the minimum of 150,000 per month needed to accommodate new entrants to the labor force . In- deed in the five years of the Bush administration from 2001 to 2005 , the economy created ...
Página 3
... creation , and growth — had not panned out . At the same time , having added nearly $ 2.3 trillion to the national debt in the brief span of five years , the administration was still confronted with an array of urgent spending ...
... creation , and growth — had not panned out . At the same time , having added nearly $ 2.3 trillion to the national debt in the brief span of five years , the administration was still confronted with an array of urgent spending ...
Página 8
... created , in effect , a mirror image of demand - side theory . The real engine of growth in an economy was not demand , said the supply - siders , but rather supply . The problem was that the gov- ernment was pumping too much demand ...
... created , in effect , a mirror image of demand - side theory . The real engine of growth in an economy was not demand , said the supply - siders , but rather supply . The problem was that the gov- ernment was pumping too much demand ...
Página 14
... creation of the land grant colleges . He be- lieved , in the famous words of his Gettysburg address , that government should be not just " of the people ” and “ by the people , " but also “ for the people . ” Yet in the era of ...
... creation of the land grant colleges . He be- lieved , in the famous words of his Gettysburg address , that government should be not just " of the people ” and “ by the people , " but also “ for the people . ” Yet in the era of ...
Contenido
1 | |
12 | |
27 | |
47 | |
4 The Age of Reform | 69 |
5 The Business of America Is Business | 88 |
6 The Renewal of the American Dream | 107 |
7 The New Gospel of Wealth | 144 |
SupplySide vs DemandSide Economics | 163 |
9 The Way Forward | 189 |
GDP Consumption Investment Employment Unemployment and Marginal Tax Rates 19512004 | 201 |
Notes | 205 |
Index | 221 |
Otras ediciones - Ver todas
The American Dream vs. The Gospel of Wealth: The Fight for a Productive ... Norton Garfinkle Vista previa limitada - 2008 |
The American Dream Vs. the Gospel of Wealth: The Fight for a Productive ... Norton Garfinkle Vista previa limitada - 2007 |
Términos y frases comunes
administration aggregate demand Ameri American Dream bank BEST Budget Bureau of Economic Bush tax cuts business investment business owners citizens clear the path consumer decades deficit spending demand-side democracy Democratic economic growth economic policy economists effect Engen and Skinner federal government Federal Reserve fiscal policy G.I. Bill GDP growth Gilded Age Gospel of Wealth Historical Statistics Ibid Income and Product income tax rate increase increasingly industrial inflation Kennedy Keynes Keynesian laissez-faire Lincoln low top marginal major marginal income tax marginal tax rates ment MIDDLE middle-class millions monetary policy National Income neo-Keynesian economics nomic personal consumption political President progress progressive tax prosperity Reagan real growth recession reducing reform Republican role Roosevelt Social Darwinism society stagflation supply-side economics supply-side tax cuts tariffs tax cuts Tax Policy taxpayers tion top marginal income top marginal rate U.S. Department U.S. economy unemployment Union United vision workers WORST York