Economic Collapse, Economic Change: Getting to the Roots of the Crisis
This thoughtful book offers a widely accessible account of the recent economic collapse and crisis, emphasizing the deep nexus of economic inequality, undemocratic power, and leave-it-to-the-market ideology at its root.
The authors develop this theory in detail, including clear analysis of the data, terms, and policies that dominate discussion of the crash. Based on their understanding of the origins of the crisis, they propose a program for reform that is equally dependent on popular action and changes in government policy.
The book's engaging prose makes it appealing both to students and to general readers seeking an understanding of the crisis that moves beyond recent headlines to address the underlying systems and conditions that continue to make the American economy vulnerable.
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2 Where Are We Now? Why Is This a Crisis?
The Changing Terrain of Inequality Power and Ideology
3 Ideology and Power in the PostWorld War II Era
Change in the Last Quarter of the Twentieth Century
PART III The Emergence of Crisis in the United States
Loosening the Reins on Finance
6 Tracking the Evolution of the Crisis
8 China the United States and the Crisis
PART V Moving in a Different Direction
10 Moving in a Different Direction
Appendix A Brief Notes on Wealth and Power
Appendix B Whats Wrong with the Case for FreeMarket Globalization?
About the Authors
PART IV Globalization and Instability
7 Shaping the Global Economy