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The Predator State

Author: James K. Galbraith
Publisher: Simon and Schuster
ISBN: 1416566848
Size: 18.79 MB
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The cult of the free market has dominated economic policy-talk since the Reagan revolution of nearly thirty years ago. Tax cuts and small government, monetarism, balanced budgets, deregulation, and free trade are the core elements of this dogma, a dogma so successful that even many liberals accept it. But a funny thing happened on the bridge to the twenty-first century. While liberals continue to bow before the free-market altar, conservatives in the style of George W. Bush have abandoned it altogether. That is why principled conservatives -- the Reagan true believers -- long ago abandoned Bush. Enter James K. Galbraith, the iconoclastic economist. In this riveting book, Galbraith first dissects the stale remains of Reaganism and shows how Bush and company had no choice except to dump them into the trash. He then explores the true nature of the Bush regime: a "corporate republic," bringing the methods and mentality of big business to public life; a coalition of lobbies, doing the bidding of clients in the oil, mining, military, pharmaceutical, agribusiness, insurance, and media industries; and a predator state, intent not on reducing government but rather on diverting public cash into private hands. In plain English, the Republican Party has been hijacked by political leaders who long since stopped caring if reality conformed to their message. Galbraith follows with an impertinent question: if conservatives no longer take free markets seriously, why should liberals? Why keep liberal thought in the straitjacket of pay-as-you-go, of assigning inflation control to the Federal Reserve, of attempting to "make markets work"? Why not build a new economic policy based on what is really happening in this country? The real economy is not a free-market economy. It is a complex combination of private and public institutions, including Social Security, Medicare and Medicaid, higher education, the housing finance system, and a vast federal research establishment. The real problems and challenges -- inequality, climate change, the infrastructure deficit, the subprime crisis, and the future of the dollar -- are problems that cannot be solved by incantations about the market. They will be solved only with planning, with standards and other policies that transcend and even transform markets. A timely, provocative work whose message will endure beyond this election season, The Predator State will appeal to the broad audience of thoughtful Americans who wish to understand the forces at work in our economy and culture and who seek to live in a nation that is both prosperous and progressive.

Summary The Predator State

Author: BusinessNews Publishing
Publisher: Primento
ISBN: 2511002426
Size: 34.27 MB
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The must-read summary of James K. Galbraith's book: “The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too”. This complete summary of "The Predator State" by James K. Galbraith, a renowned American economist, presents his argument that Reagan's economic policies were replaced by capitalism under the Bush administration, and that tax cuts, deregulation and privatization will eventually lead to lower prosperity and economic disaster. Added-value of this summary: • Save time • Understand how the free market economy damages long-term prosperity • Expand your knowledge of American politics and economics To learn more, read "The Predator State" and discover how further deregulation and less government involvement could lead to disaster.

Politik Und Konomie

Author: Jürgen Hartmann
Publisher: Springer-Verlag
ISBN: 365818812X
Size: 52.78 MB
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​Politik und Ökonomie sind unauflösbar miteinander verknüpft. In der Wissenschaft sind sie einander fremd. Dieses Buch schildert die wichtigsten Stränge der für die Gegenwart bedeutsamen Wirtschaftstheorien und das Verhältnis der Politikwissenschaft zur Wirtschaftspolitik. Weitere Kapitel schildern die Bedeutung der Ideologien, der Notenbanken, der Regierungen und der Finanzmärkte an den Beispielen der USA, Deutschlands, Japans und der Eurozone. Dabei werden unter anderem die Ursachen und Folgen der großen Finanzkrise von 2008, die Eurokrise und das Problem der schuldenfinanzierten Staatshaushalte erörtert.

Wie Funktioniert Wirtschaft

Author: Pirmin Fessler
Publisher: Promedia Verlag
ISBN: 3853718167
Size: 79.19 MB
Format: PDF
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"Wie funktioniert Wirtschaft?" ist eine allgemein verständliche Einführung zum Begreifen ökonomischer Prozesse im Zeitalter der Globalisierung, die dazu dient, auch Krisenerscheinungen besser verstehen zu können. Für die vorliegende zweite Auflage wurden sämtliche Beispiele und Statistiken aktualisiert und zusätzliche Abschnitte zur seit 2007 anhaltenden Krise verfasst. Folgende Fragestellungen begleiten die Lesenden: *) Wie funktionieren Märkte - und warum funktionieren sie manchmal eben nicht? Wann braucht es staatliche Eingriffe - und wessen Interessen folgen sie? *) Was ist Geld? Warum steigen Preise normalerweise, warum steigen sie manchmal zu schnell - und warum kann es schlecht sein, wenn sie einmal fallen? *) Wie funktioniert das Finanzsystem - und warum bricht es von Zeit zu Zeit zusammen? *) Welche Maßnahmen sind möglich, wenn die Wirtschaft in eine Rezession rutscht - und welche Risiken sind mit diesen Maßnahmen verbunden? *) Warum wird internationaler Handel betrieben? Macht uns Handel alle reicher - warum sind dann so viele arm? *) Warum wird die internationale Einkommens- und Vermögensverteilung immer ungleicher - und warum wird dadurch das internationale Wirtschaftssystem fragiler? Wir stehen vor einer verzerrten öffentlichen Debatte: Auf der einen Seite erscheint das Funktionieren von Wirtschaft ausschließlich dem Reich der Experten zugehörig. Deren Entscheidungen sind für die Öffentlichkeit nicht nachvollziehbar, aber ihnen ist zu folgen, sonst droht - angeblich - ein Zusammenbruch. Auf der anderen Seite gibt es eine Reihe von trivialen Stehsätzen einer neoliberal ausgerichteten Volkswirtschaftslehre. Diese sind griffig, oftmals aber problematisch. Geboten werden etwa Maximen wie "Wir dürfen nicht mehr ausgeben als einnehmen, denn Schulden gehen auf Kosten künftiger Generationen". Solche Aussagen sind nicht notwendigerweise falsch, immer aber zu einfach - und lassen sich auch nicht aus volkswirtschaftlicher Theorie herleiten.

Rating Agenturen

Author: Werner Rügemer
Publisher: transcript Verlag
ISBN: 3839419778
Size: 39.25 MB
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Wer steckt eigentlich hinter den Rating-Agenturen, von denen im Zuge der Finanzkrise so oft die Rede ist? Und nach welchen Kriterien arbeiten sie? In diesem Buch wird zum ersten Mal die Eigentümerstruktur der drei großen Agenturen offengelegt: Es handelt sich dabei um die größten Hedge- und Investmentfonds, die aus der hohen und dauerhaften Verschuldung von Unternehmen, Staaten und Konsumenten Gewinn ziehen. Ein Blick auf die Praxis der Rating-Agenturen zeigt: Ihre Macht gewinnen sie durch ihre Eigentümer, aber auch durch die staatlich und überstaatlich erteilte Wächterfunktion. Sie sind mit Fonds, Banken, Staaten, Zentralbanken, Europäischer Union und Internationalem Währungsfonds Teil der gegenwärtigen Kapitalmacht. Als vermeintlich unabhängige und objektive Wächter des Marktes helfen sie ihren Eigentümern dabei, Unternehmen, Staaten und ganze Volkswirtschaften zu enteignen. Dabei schrecken sie vor suggestiven Ratings ebenso wenig zurück wie vor der Inszenierung von Krisen.

Economic Inequality And What You Can Do About It

Author: Richard Dumont
Publisher: FriesenPress
ISBN: 1460207327
Size: 72.88 MB
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Economic Inequality and What YOU Can Do About It: A Primer and Call to Action! has been written to appeal to a broad, intelligent, thoughtful, and open-minded readership. Professional jargon is avoided and the author relies on common sense and down-to-earth sociology to make his case. An independent anonymous reviewer wrote "Economic Inequality is an informative, persuasive, and concise book that balances the thin line between detailed information and a fun reading experience. It is clear that the author has done an exhaustive amount of research on the topic and his expertise pulls the reader through the book. His humor and experience as a teacher helps to lighten the mood on what could otherwise be a dry topic. The questions immersed in each chapter are interesting and insightful. The writing is unexpectedly light, friendly, and fun. His teaching skills allow the reader to experience the book as if being instructed in a classroom and makes the proceeding calculations more fun. It is a wonderful book." Henry Mannle exclaimed "It's the rebuttal to Adam Smith. Well written, easy to follow and interesting without ideological harping! High points are the significance of the Gini ratios and the concept of relative deprivation."

Economics Of The 1

Author: John F. Weeks
Publisher: Anthem Press
ISBN: 0857281178
Size: 34.84 MB
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How much do economists really know? In most cases, they claim to have profound knowledge but in fact understand little and obscure almost everything. Most people are convinced that economics should be left to the ‘experts’, when they themselves are perfectly capable of understanding it. This book explains that mainstream economics serves the interests of the rich through its logical inconsistency and unabashedly reactionary conclusions. John F. Weeks exposes the myths of mainstream economics and explains in straightforward language why current policies fail to serve the vast majority of people in the United States, Europe and elsewhere. Their failure to serve the interests of the many results from their devoted service to the few.

Any Way You Slice It

Author: Stan Cox
Publisher: New Press, The
ISBN: 1595588841
Size: 59.11 MB
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Rationing: it’s a word—and idea—that people often loathe and fear. Health care expert Henry Aaron has compared mentioning the possibility of rationing to “shouting an obscenity in church.” Yet societies in fact ration food, water, medical care, and fuel all the time, with those who can pay the most getting the most. As Nobel Prize–winning economist Amartya Sen has said, the results can be “thoroughly unequal and nasty.” In Any Way You Slice It, Stan Cox shows that rationing is not just a quaint practice restricted to World War II memoirs and 1970s gas station lines. Instead, he persuasively argues that rationing is a vital concept for our fragile present, an era of dwindling resources and environmental crises. Any Way You Slice It takes us on a fascinating search for alternative ways of apportioning life’s necessities, from the goal of “fair shares for all” during wartime in the 1940s to present-day water rationing in a Mumbai slum, from the bread shops of Cairo to the struggle for fairness in American medicine and carbon rationing on Norfolk Island in the Pacific. Cox’s question: can we limit consumption while assuring everyone a fair share? The author of Losing Our Cool, the much debated and widely acclaimed examination of air-conditioning’s many impacts, here turns his attention to the politically explosive topic of how we share our planet’s resources.

Property Owning Democracy

Author: Martin O'Neill
Publisher: John Wiley & Sons
ISBN: 1444355171
Size: 76.88 MB
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Property-Owning Democracy: Rawls and Beyond features a collection of original essays that represent the first extended treatment of political philosopher John Rawls' idea of a property-owning democracy. Offers new and essential insights into Rawls's idea of "property-owning democracy" Addresses the proposed political and economic institutions and policies which Rawls's theory would require Considers radical alternatives to existing forms of capitalism Provides a major contribution to debates among progressive policymakers and activists about the programmatic direction progressive politics should take in the near future