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. |
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Página 3
... nearly $ . trillion to the national debt in the brief span of five years,the administration was still confronted with an array of urgent spending requirements— billions for homeland security following the terrorist attacks of ...
... nearly $ . trillion to the national debt in the brief span of five years,the administration was still confronted with an array of urgent spending requirements— billions for homeland security following the terrorist attacks of ...
Página 17
... Nearly all the historical Gospel of Wealth themes are there: a laissez-faire economic philosophy, strong opposition to government intervention in the economy, a hatred of taxation, a desire to shrink government and strip it of resources ...
... Nearly all the historical Gospel of Wealth themes are there: a laissez-faire economic philosophy, strong opposition to government intervention in the economy, a hatred of taxation, a desire to shrink government and strip it of resources ...
Página 21
... Nearly twenty-five hundred years ago, long before the advent of modern industrialism, Aristotle observed that the most politically stable polities were democracies with a large middle class.6 The middle class acted as a buffer between ...
... Nearly twenty-five hundred years ago, long before the advent of modern industrialism, Aristotle observed that the most politically stable polities were democracies with a large middle class.6 The middle class acted as a buffer between ...
Página 28
... nearly as possible,” he wrote,“is a most worthy object of any good government.”The real evil of the southern slave system was the denial of this economic right.Indeed, Lincoln insisted that African Americans were entitled to the same ...
... nearly as possible,” he wrote,“is a most worthy object of any good government.”The real evil of the southern slave system was the denial of this economic right.Indeed, Lincoln insisted that African Americans were entitled to the same ...
Página 44
... nearly as possible,” he wrote, “is a most worthy object of any good government.” The real evil of slavery, in Lincoln's view, was precisely the denial of this right. Interestingly, in his campaign for president, Lincoln emphasized the ...
... nearly as possible,” he wrote, “is a most worthy object of any good government.” The real evil of slavery, in Lincoln's view, was precisely the denial of this right. Interestingly, in his campaign for president, Lincoln emphasized the ...
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 American Dream argued average bank BEST Bureau Bush business investment called citizens claim consumer consumption created Deal decades deficit demand demand-side Democratic economic growth economic policy economists effect expand federal government first fiscal Gospel of Wealth growing hands HIGHEST historical House important improvements income tax rate increase increasingly individual industrial inflation interest investment issues Kennedy kind labor Lincoln major marginal income tax ment MIDDLE middle-class millions monetary nearly nomic opportunity ordinary percent political President problem Product progress prosperity Reagan reducing reform Republican result risk role Roosevelt Security social society spending strong substantial supply supply-side tax cuts tion top marginal income unemployment Union United vision workers WORST York