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 29
Página 13
... individuals had opportunities to better their economic circumstances over the course of a lifetime , and just about everybody seemed to be busy pursuing these opportu- nities . People who started as servants could end up as farm owners ...
... individuals had opportunities to better their economic circumstances over the course of a lifetime , and just about everybody seemed to be busy pursuing these opportu- nities . People who started as servants could end up as farm owners ...
Página 14
... individual's economic advancement . In the political debates of his day , Lincoln was firmly on the side of what today we would call activist government . He favored large government expen- ditures for what were then called internal ...
... individual's economic advancement . In the political debates of his day , Lincoln was firmly on the side of what today we would call activist government . He favored large government expen- ditures for what were then called internal ...
Página 15
... individual , the millionaire , the industrial magnate , as prosperity's engine . The ideal behind the Ameri- can Dream was universality and equality of opportunity . The ideal behind the Gospel of Wealth was exceptional rewards for ...
... individual , the millionaire , the industrial magnate , as prosperity's engine . The ideal behind the Ameri- can Dream was universality and equality of opportunity . The ideal behind the Gospel of Wealth was exceptional rewards for ...
Página 21
... individuals can obtain a larger piece without necessarily taking it from someone else . Historically , the major result ( and to some degree also the cause ) of a growing economy has been the emergence of a strong middle class . Nearly ...
... individuals can obtain a larger piece without necessarily taking it from someone else . Historically , the major result ( and to some degree also the cause ) of a growing economy has been the emergence of a strong middle class . Nearly ...
Página 25
... individual economic policies opens the door to widespread demagoguery on these issues . Economic policy debate in the United States can be likened to a big snake oil yard sale , where what are offered are half - truths , myths , and ...
... individual economic policies opens the door to widespread demagoguery on these issues . Economic policy debate in the United States can be likened to a big snake oil yard sale , where what are offered are half - truths , myths , and ...
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