Aftershock
Subtitle: The Next Economy and America's Future
By: Robert B. Reich.
Edition: First edition
Publisher: Alfred A. Knopf
Published: September 21, 2010
Place of publication: New York City, New York, USA
Language: eng
Format: Hardcover
Number of pages: 174
ISBN-13: 9780307592811
Subjects: United States -- Economic conditions -- 2009-; United States -- Economic conditions -- 2001-2009; United States -- Social conditions -- 21st century -- Forecasting
First sentence: In September 2009, on the eve of a meeting of the twenty largest economies, Treasury Secretary Tim Geithner, assessing what had happened to the United States on the years leading up to the Great Recession, repeated the conventional view that "for too long Americans were buying too much and saving too little."
Description: Celebrated economic policy maker and political theorist Robert B. Reich argues that the nation's 2008 economic collapse is the result of an increasing concentration of income and wealth at the top--and a middle class that had to go deeply into debt to maintain a decent standard of living. To ensure that prosperity is widely shared, he continues, requires the implementation of a much broader safety net for the middle class financed by higher marginal tax rates on the very wealthy.
Notes: Includes bibliographical references and index.
$25.00;C$28.95
Printing statement: First Edition
Table of contents: label: CONTENTS; label: introduction: The Pendulum
pagenum: 3; label: PART I; label: The Broken Bargain; label: 1. Eccles’s Insights
pagenum: 11; label: 2. Parallels
pagenum: 18; label: 3. The Basic Bargain
pagenum: 26; label: 4. How Concentrated Income at the Top Hurts the Economy
pagenum: 32; label: 5. Why Policymakers Obsess About the Financial Economy Instead of About the Real One
pagenum: 38; label: 6. The Great Prosperity: 1947-1975
pagenum: 42; label: 7. How We Got Ourselves in the Same Mess Again
pagenum: 50; label: 8. How Americans Kept Buying Anyway: The Three Coping Mechanisms
pagenum: 60; label: 9. The Future Without Coping Mechanisms
pagenum: 64; label: 10. Why China Won’t Save Us
pagenum: 69; label: 11. No Return to Normal
pagenum: 79; label: PART II; label: Backlash; label: 1. The 2020 Election
pagenum: 79; label: 2. The Politics of Economics, 2010-2020
pagenum: 82; label: 3. Why Can’t We be Content with Less?
pagenum: 85; label: 4. The Pain of Economic Loss
pagenum: 89; label: 5. Adding Insult to Injury
pagenum: 92; label: 6. Outrage at a Rigged Game
pagenum: 101; label: 7. The Politics of Anger
pagenum: 114; label: PART III; label: The Bargain Restored; label: 1. What Should be Done: A New Deal for the Middle Class
pagenum: 127; label: 2. How it Could be Done
pagenum: 141; label: Acknowledgments
pagenum: 147; label: Notes
pagenum: 149; label: Index
pagenum: 163