The Confiscation of American Prosperity
Subtitle: From Right-Wing Extremism and Economic Ideology to the Next Great Depression
Publisher: Palgrave Macmillan; Springer
Published: October 2, 2007
Language: eng
Format: Hardcover
Number of pages: 256
ISBN-13: 9780230600461
Subjects: International finance; Political economy; Conservatism; Contemporary Economic Situations And Conditions; Business & Economics; Business / Economics / Finance; Business/Economics; Economics - Comparative; Economics - Macroeconomics; Finance; Business & Economics / Economics / Comparative; Economic Conditions; Economics - Microeconomics; Political; Economics; Income distribution; United States
Description: Argues that the right-wing revolution in the United States has created deepening inequality and will lead to economic catastrophe. Makes the case that over the past three decades the rich have confiscated wealth and income from the poor and middle class to a far greater extent than many realize, and explores in detail important but commonly unmeasured dimensions of inequality. Also takes aim at the economics profession, criticising the analytical blinders that leave economists incapable of seeing the coming crisis. From publisher description.