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The Great Equalizer: How Main Street Capitalism Can Create an Economy for Everyone
Smick, David M.
The experts say that America's best days are behind us, that mediocre long-term economic growth is baked in the cake, and that politically, socially, and racially, the United States will continue to tear itself apart. But David Smick - hedge fund strategist and author of the 2008 bestseller The World Is Curved - argues that the experts are wrong.In recent decades, a Corporate Capitalism of top down mismanagement and backroom deal-making has smothered America's innovative spirit. Policy now favors the big, the corporate, and the status quo at the expense of the small, the inventive, and the entrepreneurial. The result is that working and middle class Americans have seen their incomes flat-lining and their American Dreams slipping away. In response, Smick calls for the great equalizer, a Main Street Capitalism of mass small-business startups and bottom-up innovation, all unfolding on a level playing field. Introducing a fourteen-point plan of bipartisan reforms for unleashing America's creativity and confidence, his forward-thinking book describes a new climate of dynamism where every man and woman is a potential entrepreneur - especially those at the bottom rungs of the economic ladder.Ultimately, Smick argues, economies are more than statistical measurements of supply and demand, economic output, and rates of return. Economies are people - their hopes, fears, dreams, and expectations. The Great Equalizer is a call for a set of new paradigms that inspire and empower average American people to reimagine and reboot their economy. It is a manifesto asserting that, with a new kind of economic policy, America's best days lie ahead.
The Theft of a Decade
Sternberg, Joseph C.
The Theft of a Decade is a contrarian, revelatory analysis of how one generation pulled the rug out from under another, and the myriad consequences that has set in store for all of us. The millennial generation was the unfortunate victim of several generations of economic theories that made life harder for them than it was for their grandparents.Then came the crash of 2008, and the Boomer generation's reaction to it was brutal: politicians and policy makers made deliberate decisions that favored the interests of the Boomer generation over their heirs, the most egregious being over the use of monetary policy, fiscal policy and regulation. For the first time in recent history, policy makers gave up on investing for the future and instead mortgaged that future to pay for the ugly economic sins of the present.This book describes a new economic crisis, a sinister tectonic shift that is stealing a generation's future.
A timely exploration of the life and work of world-changing thinkers - from Adam Smith to John Maynard Keynes - and how their ideas would solve the great economic problems we face today.Since the days of Adam Smith, economists have grappled with a series of familiar problems – but often their ideas are hard to digest, even before we try to apply them to today's issues. Linda Yueh is renowned for her combination of erudition, as an accomplished economist herself, and accessibility, as a leading writer and broadcaster in this field. In What Would the Great Economists Do? she explains the key thoughts of history's greatest economists, how our lives have been influenced by their ideas and how they could help us with the policy challenges that we face today.In the light of current economic problems, and in particular economic growth, Yueh explores the thoughts of economists from Adam Smith and David Ricardo to contemporary academics Douglass North and Robert Solow. Along the way, she asks, for example, what do the ideas of Karl Marx tell us about the likely future for the Chinese economy? How do the ideas of John Maynard Keynes, who argued for government spending to create full employment, help us think about state intervention? And with globalization in trouble, what can we learn about handling Brexit and Trumpism?
More Than Good Intentions
American individuals and institutions spent billions of dollars to ease global poverty and accomplished almost nothing. At last we have a realistic way forward. Presenting innovative and successful development interventions around the globe, Dean Karlan and Jacob Appel show how empirical analysis coupled with the latest thinking in behavioral economics can make a profound difference. From Kenya, where teenagers reduced their risk of contracting AIDS by having more unprotected sex with partners their own age, to Mexico, where giving kids a one-dollar deworming pill boosted school attendance better than paying their families to send them, More Than Good Intentions reveals how to invest those billions far more effectively and begin transforming the well-being of the world.
People Get Ready
McChesney, Robert W
The consequences of the technological revolution are about to hit hard: unemployment will spike as new technologies replace labor in the manufacturing, service, and professional sectors of an economy that is already struggling. The end of work as we know it will hit at the worst moment imaginable: as capitalism fosters permanent stagnation, when the labor market is in decrepit shape, with declining wages, expanding poverty, and scorching inequality. Only the dramatic democratization of our economy can address the existential challenges we now face. Yet, the US political process is so dominated by billionaires and corporate special interests, by corruption and monopoly, that it stymies not just democracy but progress.The great challenge of these times is to ensure that the tremendous benefits of technological progress are employed to serve the whole of humanity, rather than to enrich the wealthy few. Robert W. McChesney and John Nichols argue that the United States needs a new economy in which revolutionary technologies are applied to effectively address environmental and social problems and used to rejuvenate and extend democratic institutions. Based on intense reporting, rich historical analysis, and deep understanding of the technological and social changes that are unfolding, they propose a bold strategy for democratizing our digital destiny—before it's too late—and unleashing the real power of the Internet, and of humanity.
The Body Economic: Why Austerity Kills
Politicians have talked endlessly about the seismic economic and social impacts of the recent financial crisis, but many continue to ignore its disastrous effects on human health and have even exacerbated them, by adopting harsh austerity measures and cutting key social programs at a time when constituents need them most. The result, as pioneering public health experts David Stuckler and Sanjay Basu reveal in this provocative book, is that many countries have turned their recessions into veritable epidemics, ruining or extinguishing thousands of lives in a misguided attempt to balance budgets and shore up financial markets. Yet sound alternative policies could instead help improve economies and protect public health at the same time.In The Body Economic, Stuckler and Basu mine data from around the globe and throughout history to show how government policy becomes a matter of life and death during financial crises. In a series of historical case studies stretching from 1930s America, to Russia and Indonesia in the 1990s, to present-day Greece, Britain, Spain, and the U.S., Stuckler and Basu reveal that governmental mismanagement of financial strife has resulted in a grim array of human tragedies, from suicides to HIV infections. Yet people can and do stay healthy, and even get healthier, during downturns. During the Great Depression, U.S. deaths actually plummeted, and today Iceland, Norway, and Japan are happier and healthier than ever, proof that public wellbeing need not be sacrificed for fiscal health.Full of shocking and counterintuitive revelations and bold policy recommendations,The Body Economic offers an alternative to austerity one that will prevent widespread suffering, both now and in the future.
Equality for Women = Prosperity for All: the Disastrous Global Crisis of Gender Inequality
The economics of gender inequality is often reduced to equal pay for equal work. But there is much more to it than that. Can a woman, whether married or single, register a business in the same way as a man? Can she sign a contract? Do men and women have equal ownership rights to property? Does she have the right to confer citizenship on her children? Are there criminal sanctions for sexual harassment?Gender inequality in the fields of education, law, employment and wages lead to incalculable social and political disparities. These disparities in turn give rise to endemic poverty and violence, to individual frustration, social instability and cultural disaffection. When women are deprived of their rights, economies are eroded, democracies weakened, and the fabric of societies radically undermined. This pioneering book shows, once and for all, the direct correlation between the freedoms given to women and the prosperity enjoyed by all.
The Human Advantage: The Future of American Work in an Age of Smart Machines
Richards, Jay W.
Bestselling author Jay W. Richards makes the definitive case for how free enterprise and virtue can save the American Dream in an age of A.I. and mass disruption.
Creating Freedom: The Lottery of Birth, the Illusion of Consent, and the Fight for Our Future
The ideal of freedom is at the heart of our political and economic system. It is foundational to our sense of justice, our way of life, our conception of what it is to be human. But are we free in the way that we think we are? In Creating Freedom, Raoul Martinez brings together a torrent of mind-expanding ideas, facts, and arguments to dismantle sacred myths central to our society—myths about free will, free markets, free media, and free elections. From the lottery of our birth to the consent-manufacturing influence of concentrated power, this far-reaching manifesto lifts the veil on the mechanisms of control that pervade our lives. It shows that the more we understand how the world shapes us, the more effectively we can shape the world. A highly original exploration of the most urgent questions of our time, Creating Freedom reveals that we are far less free than we like to think, but it also shows that freedom is something we can create together. In fact, our very survival may depend on our doing so.
Ralph Nader has fought for over fifty years on behalf of American citizens against the reckless influence of corporations and their government patrons on our society. In Unstoppable, he ramps up the fight and shows how Left-Right coalitions can prevail over the corporate state and crony capitalism.Nader reminds us of the many surprising victories won by united progressive and conservative forces throughout history. As a participant in - and keen observer of - these budding alliances, he breaks new ground by showing how such coalitions can overcome specific obstacles that divide them, and how they can expand their power.
Beyond $15: Immigrant Workers, Faith Activists, and the Revival of the Labor Movement
With captivating narrative and insightful commentary, labor organizer Jonathan Rosenblum reveals the inside story of the first successful fight for a $15 minimum wage, which renewed a national labor movement through bold strategy and broad inclusiveness. Just outside Seattle, an unlikely alliance of Sea-Tac Airport workers, union and community activists, and clergy staged face-to-face confrontations with corporate leaders to unite a diverse, largely immigrant workforce in a struggle over power between airport workers and business and political elites. Digging deep into the root causes of poverty wages, Rosenblum gives a blunt assessment of the daunting problems facing unions today. Beyond $15 provides an inspirational blueprint for a powerful, all-inclusive labor movement and is a call for workers to reclaim their power in the new economy.
Sleeping Giant: The Untapped Economic and Political Power of America's New Working Class
Overview not currently available
The Price of Government: Getting the Results We Need in an Age of Permanent Fiscal Crisis
Government fiscal problems have reached crisis proportions and generated headlines all over the country. In Oregon, schools are forced to close early because money to operate them runs out. In New York City, firehouse closings cause celebrity-studded neighborhood protests. Twenty-two state governors, from both parties and all regions of the country, have proposed tax increases to make up for falling revenues, rising expenses, and falling federal support. In Washington, the federal government projects a half-trillion-dollar deficit. The fiscal crisis in government at every level is the most severe it's been since World War II.Where David Osborne's 1992 New York Times bestseller Reinventing Government was descriptive, showing readers a new model of government then emerging around the country, The Price of Government is prescriptive. It offers specific solutions, drawn from the authors' ten years of experience applying reinvention strategies, and shows how to apply them in the context of a permanent fiscal crisis. The authors describe how a budget process that starts with results, not spending programs, has been a springboard for transformation in governments at all levels. The Price of Government will interest everyone who is concerned with how our tax money is spent - and how to get the government we need to thrive and prosper.
Raw Deal: How the "Uber Economy" and Runaway Capitalism Are Screwing American Workers
The US workforce, which has been one of the most productive and wealthiest in the world, is undergoing an alarming transformation. Increasing numbers of workers find themselves on shaky ground, turned into freelancers, temps and contractors. Even many full-time and professional jobs are experiencing this precarious shift. Within a decade, a near-majority of the 145 million employed Americans will be impacted. Add to that the steamroller of automation, robots and artificial intelligence already replacing millions of workers and projected to "obsolesce" millions more, and the jobs picture starts looking grim.Now a weird yet historic mash-up of Silicon Valley technology and Wall Street greed is thrusting upon us the latest economic fraud: the so-called "sharing economy," with companies like Uber, Airbnb and TaskRabbit allegedly "liberating workers" to become "independent" and "their own CEOs," hiring themselves out for ever-smaller jobs and wages while the companies profit.But this "share the crumbs" economy is just the tip of a looming iceberg that the middle class is drifting toward. Raw Deal: How the "Uber Economy" and Runaway Capitalism Are Screwing American Workers,by veteran journalist Steven Hill, is an exposé that challenges conventional thinking, and the hype celebrating this new economy, by showing why the vision of the "techno sapien" leaders and their Ayn Rand libertarianism is a dead end.In Raw Deal, Steven Hill proposes pragmatic policy solutions to transform the US economy and its safety net and social contract, launching a new kind of deal to restore power back into the hands of American workers.
The Inequality Paradox: How Capitalism Can Work for Everyone
In his illuminating new book, Douglas McWilliams argues that inequality is largely driven not by a conspiracy of the rich, as Thomas Piketty suggests, but by technology and globalization tat have led to the paradox of rising inequality even as worldwide poverty drops. But what are the implications of this seeming contradiction, and what ultimately drives the global distribution of wealth? What can societies do to reshape capitalism for the 21st century? Drawing on the latest research, McWilliams investigates how wealth is concentrated and why it persistently remains in the hands of very few. In accessible and thought-provoking prose, McWilliams poses a comprehensive theory on why capitalism has not met its match in the form of increasingly disparate income distribution, but warns of the coming wave of technological development—the fourth industrial revolution—that threatens to create a scarcity of unskilled jobs that will lead to even greater inequality and explains what governments can do to prepare for this. From the inquisitive layperson to the professional economist or policymaker, The Inequality Paradox is essential reading for understanding the global economy in its present state. McWilliams is a fresh, authoritative voice entering the global discussion, making this book indispensable in preparing for the imminent economic challenges of our changing world.
Third World America
Huffington, Arianna S.
It's not an exaggeration to say that middle-class Americans are an endangered species and that the American Dream of a secure, comfortable standard of living has become as outdated as an Edsel with an eight-track player. That the United States of America is in danger of becoming a third world nation.   The evidence is all around us:   Our industrial base is vanishing, taking with it the kind of jobs that have formed the backbone of our economy for more than a century; our education system is in shambles, making it harder for tomorrow's workforce to acquire the information and training it needs to land good twenty-first century jobs; our infrastructure - our roads, our bridges, our sewage and water, our transportation and electrical systems - is crumbling; our economic system has been reduced to recurring episodes of Corporations Gone Wild; our political system is broken, in thrall to a small financial elite using the power of the checkbook to control both parties.   And America's middle class, the driver of so much of our economic success and political stability, is rapidly disappearing, forcing us to confront the fear that we are slipping as a nation - that our children and grandchildren will enjoy fewer opportunities and face a lower standard of living than we did.   It's the dark flipside of the American Dream - an American Nightmare of our own making.   Arianna Huffington, who, with the must-read Huffington Post, has her finger on the pulse of America, unflinchingly tracks the gradual demise of America as an industrial, political, and economic leader.  In the vein of her fiery bestseller Pigs at the Trough, Third World America points fingers, names names, and details who's killing the American Dream.   Finally, calling on the can-do attitude that is part of America's DNA, Huffington shows precisely what we need to do to stop our freefall and keep America from turning into a third world nation.   Third World America is a must-read for anyone disturbed by our country's steady descent from 20th century superpower to backwater banana republic.
The Frugal Superpower: America's Global Leadership in a Cash-Strapped Era
Overview not currently available
Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone Else
In the last few decades what it means to be rich has changed dramatically. Forget the 1%; it's the wealthiest .01% who are fast outpacing the rest of us. Today's colossal fortunes are amassed by the diligent toiling of smart, perceptive businessmen who see themselves as deserving victors in a cutthroat international competition.Cracking open this tight-knit world is Chrystia Freeland, an acclaimed business journalist. At ease in Davos or Dubai, Freeland has reported on the lives and minds of these new super-elites for nearly a decade. Grounding her interviews in the economics and history of modern capitalism, she provides examples of the new wealth and its consequences. She showcases the $3 million birthday party of a New York financier months before the financial meltdown; details the closed-door 2005 SEC meeting where the US government allowed investment banks to write their own regulatory laws; and tells how the Bank of Canada's Mark Carney became a key figure in the central battle between the plutocracy and the rest of us.
Speaking Out Louder: Ideas That Work for Canadians (Revised and Updated)
On August 22, 2011, Jack Layton, Official Opposition Leader, died as he lived, with dignity, bestowing to his country a message of hope. Canada was in mourning and within hours of his death, tens of thousands of Canadians -- from NDP supporters to political opponents -- paid tribute to the man and his legacy through public vigils, memorials, and expressions of grief. Originally published in 2006, Speaking Out Louder represents Layton's "blueprint for Canada" Highly acclaimed and powerfully written, this book captures Jack Layton's political vision and exemplifies the optimism that marked his life's work. In it he shares personal stories and fascinating, behind-the-scenes details of his career in national politics and talks about the big issues (poverty, AIDS and healthcare, childcare, housing, education) and the ideas that work for Canadians.
The Body Economic
An agenda-shaping look at the human costs of financial crisis - the culmination of ten years’ work by two pioneering researchers.Politicians have talked endlessly about the seismic economic and social impact of the Great Recession, but many continue to ignore its disastrous effects on human health and have even exacerbated them by adopting harsh austerity measures and cutting key social programs at a time when citizens need them most. The result, as pioneering public health experts David Stuckler and Sanjay Basu reveal in this provocative book, is that many countries have turned their recessions into veritable epidemics, ruining or extinguishing thousands of lives in a misguided attempt to balance budgets and shore up financial markets. Yet sound alternative policies could help improve economies and protect public health at the same time.In The Body Economic, Stuckler and Basu mine data from around the globe and across history to show how government policy becomes a matter of life and death during financial crises. Through a series of case studies stretching from the United States in the 1930s to Russia and Indonesia in the 1990s and present-day Greece, Britain, Spain, Canada and America, Stuckler and Basu reveal that political mismanagement of financial crises has resulted in a grim array of human tragedies, including suicides, HIV infections, West Nile Virus and tuberculosis epidemics. Yet people can and do stay healthy, and even get healthier, during downturns. During the Great Depression, U.S. death rates actually plummeted, and today, people in Iceland, Norway and Japan are happier and healthier than ever.Full of shocking and counterintuitive revelations and bold policy recommendations, The Body Economic offers an alternative to austerity - one that will prevent widespread suffering, both now and in the future.
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