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 7
... opportunities as well as a measure of economic secu- rity for ordinary workers and their families . Government was understood to have an active role - indeed , a responsibility— in this process . The demand - side consensus constituted ...
... opportunities as well as a measure of economic secu- rity for ordinary workers and their families . Government was understood to have an active role - indeed , a responsibility— in this process . The demand - side consensus constituted ...
Página 11
... opportunities for all ? When the richest nation in the world has to borrow hundreds of billions to pay its bills , when its middle - class citi- zens sit on a mountain of debt to maintain their living stan- dard , when the nation's ...
... opportunities for all ? When the richest nation in the world has to borrow hundreds of billions to pay its bills , when its middle - class citi- zens sit on a mountain of debt to maintain their living stan- dard , when the nation's ...
Página 12
... opportunity through hard work to build a comfortable middle - class life . To a large degree , the history of American economic pol- icy making is the story of the waxing and waning of this middle - class ideal . When Alexis de ...
... opportunity through hard work to build a comfortable middle - class life . To a large degree , the history of American economic pol- icy making is the story of the waxing and waning of this middle - class ideal . When Alexis de ...
Página 13
... opportunity was , in truth , the defining feature of America , its very essence and its justification for existing . He was the first to fully grasp the meaning of what was later called the American Dream . The freedom guaranteed by the ...
... opportunity was , in truth , the defining feature of America , its very essence and its justification for existing . He was the first to fully grasp the meaning of what was later called the American Dream . The freedom guaranteed by the ...
Página 15
... opportunity . The ideal behind the Gospel of Wealth was exceptional rewards for exceptional achievement . The American Dream aspired to a middle - class society . The Gospel of Wealth was content with a society sharply divided between ...
... opportunity . The ideal behind the Gospel of Wealth was exceptional rewards for exceptional achievement . The American Dream aspired to a middle - class society . The Gospel of Wealth was content with a society sharply divided between ...
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