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The Predator State : How Conservatives Abandoned the Free Market and Why Liberals Should Too by James K. Galbraith (2008, Hardcover)

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Product Information

For nearly three decades, Washington has been in the grip of an economic orthodoxy defined by Ronald Reagan and embraced ardently by George W. Bush. It rests on four pillars: 1) Cut taxes on the wealthy, 2) Reduce regulation, 3) Fear inflation above all else, and 4) Insist on free-floating currency rates. Yet mainstream economists have spent much of the past decade examining the results, and declaring them rotten. Supply-side stimulation is a mirage. Deficits matter. Inequality matters. the disasters in Latin America--bread riots in Argentina, inflationary madness in Brazil - and Africa - bankrupt governments and capital flight - were a direct result of the Reagan-Bush agenda. James Galbraith is fed up, and determined to close the gap between what the economists know, and what the politicians ignore. In plain English, the Republican Party has been hijacked by political leaders who long since stopped caring if reality conformed to their message. Galbraith exposes the crumbling pillars one by one, naming names and pulling no punches. If you thought you should vote Republican for the sake of the economy, think again. Here's the "j'accuse" that the Bush economic agenda richly deserves - and a plan for what should replace it.

Product Identifiers

Publisher
Free Press
ISBN-10
141656683x
ISBN-13
9781416566830
eBay Product ID (ePID)
4038820861

Product Key Features

Book Title
Predator State : How Conservatives Abandoned the Free Market and Why Liberals Should Too
Author
James K. Galbraith
Format
Hardcover
Language
English
Topic
Economic History, Public Policy / Economic Policy, Political Ideologies / Conservatism & Liberalism, Free Enterprise
Publication Year
2008
Genre
Business & Economics, Political Science
Number of Pages
240 Pages

Dimensions

Item Length
9in
Item Height
0.9in
Item Width
6in
Item Weight
14.3 Oz

Additional Product Features

Lc Classification Number
Hb95.G35 2008
Reviews
"James Galbraith elegantly and effectively counters the economic fundamentalism that has captured public discourse in recent years, and offers a cogent guide to the real political economy. Myth-busting, far-ranging, and eye-opening." -- Robert B. Reich, Professor of Public Policy, University of California at Berkeley, "James Galbraith has written an extremely challenging book. Although its principal target is conservative economics, it is no less critical of conventional liberalism. Galbraith correctly recognizes that today both approaches are intellectually bankrupt and incapable of addressing the nation's pressing economic problems. I hopeThe Predator Statestimulates needed debate among both liberals and conservatives on the mistakes both sides have made that have gotten us to where we are now." -- Bruce Bartlett, author of Impostor: How George W. Bush Bankrupted America and Betrayed the Reagan Legacy, "James Galbraith has written an extremely challenging book. Although its principal target is conservative economics, it is no less critical of conventional liberalism. Galbraith correctly recognizes that today both approaches are intellectually bankrupt and incapable of addressing the nation's pressing economic problems. I hope The Predator State stimulates needed debate among both liberals and conservatives on the mistakes both sides have made that have gotten us to where we are now."-- Bruce Bartlett, author ofImpostor: How George W. Bush Bankrupted America and Betrayed the Reagan Legacy, "Shows how to break the spell that conservatives have cast over the minds of liberals (and everyone else) for many years." -- Joseph E. Stiglitz, Nobel Laureate in Economic Sciences (2001), "With a combination of erudition, insight, and wit worthy of John Kenneth Galbraith, Thorstein Veblen, and John Maynard Keynes, James K. Galbraith offers a critique of the conventional unwisdom about the economy that is as compelling as it is provocative." -- Michael Lind, Whitehead Senior Fellow at The New America Foundation and author ofThe American Way of Strategy
Table of Content
Preface PART ONE Another God That Failed1. Whatever Happened to the Conservatives? 2. The Freedom to Shop 3. Tax Cuts and the Marvelous Market of the Mind 4. Uncle Milton's War 5. The Impossible Dream of Budget Balance 6. There Is No Such Thing as Free Trade PART TWO The Simple Economics of Predators and Prey7. What the Rise of Inequality Is Really About 8. The Enduring New Deal 9. The Corporate Crisis 10. The Rise of the Predator State PART THREE Dealing with Predators11. The Inadequacy of Making Markets Work 12. The Need for Planning 13. The Case for Standards 14. Paying for ItAcknowledgments Index
Copyright Date
2008
Target Audience
Trade
Lccn
2008-006660
Dewey Decimal
330.9730931
Dewey Edition
22
Illustrated
Yes

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Most relevant reviews

5 out of 5 stars
by s-squared-fsOct 01, 2008
Puts the proposed Wallstreet bailout in a new light!
Why do conservative governments typically run even bigger deficits than liberal ones in spite of a professed commitment to minimizing government and lowering taxes? This book makes the argument that the far right no longer really believes in free market principles and instead is working to systematically highjack public institutions and tax revenues for private corporate and ideological enterprises, pushing all the business risk onto the tax payer. Certainly puts the proposed Wallstreet bailout in a different light!

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