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The Contours of Descent: Us Economic Fractures and the Landscape
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eBay item number:134984419269
Item specifics
- Condition
- Book Title
- The Contours of Descent: Us Economic Fractures and the Landscape
- ISBN
- 9781859846735
- Publication Year
- 2003
- Type
- Textbook
- Format
- Hardcover
- Language
- English
- Publication Name
- The Contours of Descent: Us Economic Fractures and the Landscape of Global Austerity
- Item Height
- 210mm
- Publisher
- Verso Books
- Item Width
- 165mm
- Subject
- Economics
- Item Weight
- 499g
- Number of Pages
- 128 Pages
About this product
Product Information
In the past twenty-five years the free-market neoliberal model has been hailed as a panacea for economic ills in both the advanced economies and the developing world. Pollin dissects this model as it has been implemented in the US during the Clinton and Bush administrations under Greenspan's Chairmanship of the Federal Reserve, and in developing countries under the auspices of the IMF. Clinton's Third Way policies were hailed as combining a pro-business stance with social responsibility. This approach seemed to be vindicated by the extraordinary fall in both inflation and unemployment. In fact, the apparent successes of the Clinton years were based on anti-labor policies, the stagnation of real wages, deregulation of financial markets, and an historically unprecedented stock market boom. Even before 9/11 there were indications that the Clinton bubble would collapse into recession. Bush's response was to give big tax breaks to the rich, introduce more anti-labor measures, and cut social spending at both the federal and state levels. Both Clinton and Bush have applied free-market policies only selectively within the US itself, when such policies have most benefited the interests of business. At the same time, through the IMF, the US has compelled developing countries to slash public spending, deregulate financial markets and dismantle trade barriers virtually across the board. Argentina's embrace of this policy package culminated in financial ruin. Throughout Asia and Africa, sweatshops and poverty are the testaments to a bankrupt economic model. Pollin concludes by exploring concrete proposals that would promote full employment, economic growth and increased equality in the US and throughout the less developed countries, drawing ong the spreading movements for living wages, the Tobin Tax on financial speculation, and more generally workable alternatives to neoliberal globalization.
Product Identifiers
Publisher
Verso Books
ISBN-13
9781859846735
eBay Product ID (ePID)
87066856
Product Key Features
Publication Name
The Contours of Descent: Us Economic Fractures and the Landscape of Global Austerity
Format
Hardcover
Language
English
Subject
Economics
Publication Year
2003
Type
Textbook
Number of Pages
128 Pages
Dimensions
Item Height
210mm
Item Width
165mm
Item Weight
499g
Additional Product Features
Country/Region of Manufacture
United Kingdom
Item description from the seller
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- GB 724 4981 18
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eBay item number:134984419269
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