In this fascinating new history, Judith Stein argues that in order to understand our current economic crisis we need to look back to the 1970s and the end of the age of the factory—the era of postwar liberalism, created by the New Deal, whose practices, high wages, and regulated capital produced both robust economic growth and greater income equality. When high oil prices and economic competition from Japan and Germany battered the American economy, new policies—both international and domestic—became necessary. But war was waged against inflation, rather than against unemployment, and the government promoted a balanced budget instead of growth. This, says Stein, marked the beginning of the age of finance and subsequent deregulation, free trade, low taxation, and weak unions that has fostered inequality and now the worst recession in sixty years.
Drawing on extensive archival research and covering the economic, intellectual, political, and labor history of the decade, Stein provides a wealth of information on the 1970s. She also shows that to restore prosperity today, America needs a new model: more factories and fewer financial houses.
"synopsis" may belong to another edition of this title.
"About this title" may belong to another edition of this title.
Shipping:
US$ 4.00
Within U.S.A.
Book Description Hardcover. Condition: new. New. Fast Shipping and good customer service. Seller Inventory # Holz_New_030011818X
Book Description Condition: New. Buy with confidence! Book is in new, never-used condition. Seller Inventory # bk030011818Xxvz189zvxnew
Book Description Condition: new. Seller Inventory # FrontCover030011818X
Book Description Hardcover. Condition: new. New. Seller Inventory # Wizard030011818X
Book Description Condition: New. New! This book is in the same immaculate condition as when it was published. Seller Inventory # 353-030011818X-new
Book Description Hardcover. Condition: Brand New. 367 pages. 9.50x6.00x0.75 inches. In Stock. Seller Inventory # 030011818X
Book Description Hardcover. Condition: New. Brand New!. Seller Inventory # VIB030011818X
Book Description Hardcover. Condition: new. New Copy. Customer Service Guaranteed. Seller Inventory # think030011818X
Book Description hardcover. Condition: New. New. book. Seller Inventory # D8S0-3-M-030011818X-6