The political economy of hope and fear
Subtitle: capitalism and the Black condition in America
By: Marcellus Andrews.
Publisher: New York University Press
Published: 1999
Place of publication: New York
Language: eng
Number of pages: 224
Subjects: African Americans -- Economic conditions; Capitalism -- United States -- History -- 20th century; United States -- Economic conditions -- 1945-; United States -- Economic policy
Description: The Political Economy of Hope and Fear fills an important intellectual gap in writing on race by developing a hard-nosed economic analysis of the links between competitive capitalism, racial hostility, and persistent racial inequality in post-Civil Rights America.

Andrews speaks to the anger and frustration that African Americans feel in the face of the nation's abandonment of racial equality as a worthy objective by showing how the considerable difficulties that black Americans face are related to fundamental changes in the economic fortunes of the U.S.

The Political Economy of Hope and Fear is an economist's plea for unsentimental thinking on the matter of race to replace the mixture of liberal hand wringing and conservative mythmaking that passes for serious analysis about the nation's racial predicament.
Notes: Includes bibliographical references (p. 215-220) and index.