The American dream vs. the gospel of wealth: the fight for a productive middle-class economy

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Publisher:
Yale University Press,
Pub. Date:
c2006.
Language:
English
Description
Norton Garfinkle paints a disquieting picture of America today: a nation increasingly divided between economic winners and losers, a nation in which the middle-class American Dream seems more and more elusive. Recent government policies reflect a commitment to a new supply-side winner-take-all Gospel of Wealth. Garfinkle warns that this supply-side economic vision favors the privileged few over the majority of American citizens striving to better their economic condition. Garfinkle employs historical insight and data-based economic analysis to demonstrate compellingly the sharp departure of the supply-side Gospel of Wealth from an American ideal that dates back to Abraham Lincoln—the vision of America as a society in which ordinary, hard-working individuals can get ahead and attain a middle-class living, and in which government plays an active role in expanding opportunities and ensuring against economic exploitation. Supply-side economic policies increase economic disparities and, Garfinkle insists, they fail on technical, factual, moral, and political grounds. He outlines a fresh economic vision, consonant with the great American tradition of ensuring strong economic growth, while preserving the middle-class American Dream.
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ISBN:
9780300137804
030013780
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full_title american dream vs the gospel of wealth the fight for a productive middle class economy
author garfinkle norton
grouping_category book
lastUpdate 2017-08-14 05:04:26AM

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physical ix, 230 p. : ill. ; 22 cm.
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series Future of American democracy
series2 The future of American democracy.
series_with_volume Future of American democracy
table_of_contents The American economic vision -- Lincoln's economics : the origin of the American dream -- The gospel of wealth -- The age of reform -- The business of America is business -- The renewal of the American dream -- The new gospel of wealth -- The current debate : supply-side vs. demand-side economics -- The way forward.
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title The American dream vs. the gospel of wealth the fight for a productive middle-class economy
title_alt American dream versus the gospel of wealth.
title_display The American dream vs. the gospel of wealth the fight for a productive middle-class economy
title_full The American dream vs. the gospel of wealth [electronic resource] : the fight for a productive middle-class economy / Norton Garfinkle
title_short The American dream vs. the gospel of wealth
title_sort american dream vs the gospel of wealth the fight for a productive middle-class economy
title_sub the fight for a productive middle-class economy