Plenty of nothing : the downsizing of the American dream and the case for structural Keynesianism

The Resource Plenty of nothing : the downsizing of the American dream and the case for structural Keynesianism

Label

Plenty of nothing : the downsizing of the American dream and the case for structural Keynesianism

Title remainder

the downsizing of the American dream and the case for structural Keynesianism

Statement of responsibility

Thomas I. Palley

Language

eng

Summary

Palley's book challenges the economic orthodoxies of the political right and center, popularized by such economists as Milton Friedman and Paul Krugman. He marshals a powerful array of economic facts and arguments to show that the interests of working families have gradually been sacrificed to those of corporations
Expanding on traditional Keynesian economics, he argues that, although capitalism is the most productive system ever devised, it also tends to generate deep economic inequalities and encourage the pursuit of profit at the expense of all else. He challenges fatalists who say we can do nothing about this - that economic insecurity and stagnant wages are the inevitable results of irresistible globalization
Palley argues that capitalism comes in a range of forms and that government can and should shape it from a "mean street" system into a "main street" system through monetary, fiscal, trade, and regulatory policies that serve the cause of widespread prosperity

Cataloging source

DLC

Dewey number

338.973

Illustrations

illustrations

Index

index present

LC call number

HC106.8

LC item number

.P345 1998

Literary form

non fiction

Nature of contents

bibliography

Context

Context of Plenty of nothing : the downsizing of the American dream and the case for structural Keynesianism

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Context