chanel sunglasses
sexy lingerie
nike shoes
running shoes
Editorial Reviews
From Publishers Weekly
The economic boom of the 1990s-low unemployment and inflation, a soaring stock market, big government surpluses-was actually something of a bust, according to this incisive study. Pollin, an academic economist and co-author of The Living Wage, presents his own research on the period and ably synthesizes a comprehensive left critique of Clintonomics. He argues that the Clinton-era boom was mediocre compared with previous ones and based on an unsustainable stock market bubble, the result of financial deregulation that left households and companies carrying high levels of debt and the economy unstable. The benefits, moreover, accrued mainly to the rich, he says; workers' wages stagnated for most of the period, even as their productivity climbed, thanks to pervasive job insecurity caused by foreign competition and weak unions. Meanwhile, Clinton's "Third Way" policies of welfare and social spending cutbacks and shrinking the relative size of government squandered a historic opportunity to reduce poverty. Abroad, the neoliberal prescription of government austerity, privatization and free trade pressed on Third World countries by the Clinton Administration led to slow growth, financial crises and depression. Needless to say, Pollin doesn't view Clinton's successor as an improvement, and lambastes what he sees as Bush's single-minded fixation on undermining organized labor and showering tax cuts on the rich. Pollin's sophisticated but accessible treatment, free of jargon and unobtrusively supported by telling statistics and graphs, is a model of lucid argumentation that will appeal to wonks and laypeople alike. His call for a social democratic program of full employment, higher minimum wages, labor rights and reinvigorated government regulation presents a compelling challenge to the free-market, free-trade orthodoxies of neoliberalism.
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.--This text refers to the Hardcover edition.
The Nation
An unsparing scrutiny of Clintonomics...Pollin doesn't shirk questions; he offers answers that steer past easy rhetorical flourishes about trade protections.
See all Editorial Reviews
The economic boom of the 1990s-low unemployment and inflation, a soaring stock market, big government surpluses-was actually something of a bust, according to this incisive study. Pollin, an academic economist and co-author of The Living Wage, presents his own research on the period and ably synthesizes a comprehensive left critique of Clintonomics. He argues that the Clinton-era boom was mediocre compared with previous ones and based on an unsustainable stock market bubble, the result of financial deregulation that left households and companies carrying high levels of debt and the economy unstable. The benefits, moreover, accrued mainly to the rich, he says; workers' wages stagnated for most of the period, even as their productivity climbed, thanks to pervasive job insecurity caused by foreign competition and weak unions. Meanwhile, Clinton's "Third Way" policies of welfare and social spending cutbacks and shrinking the relative size of government squandered a historic opportunity to reduce poverty. Abroad, the neoliberal prescription of government austerity, privatization and free trade pressed on Third World countries by the Clinton Administration led to slow growth, financial crises and depression. Needless to say, Pollin doesn't view Clinton's successor as an improvement, and lambastes what he sees as Bush's single-minded fixation on undermining organized labor and showering tax cuts on the rich. Pollin's sophisticated but accessible treatment, free of jargon and unobtrusively supported by telling statistics and graphs, is a model of lucid argumentation that will appeal to wonks and laypeople alike. His call for a social democratic program of full employment, higher minimum wages, labor rights and reinvigorated government regulation presents a compelling challenge to the free-market, free-trade orthodoxies of neoliberalism.
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.--This text refers to the Hardcover edition.
The Nation
An unsparing scrutiny of Clintonomics...Pollin doesn't shirk questions; he offers answers that steer past easy rhetorical flourishes about trade protections.
Product Details
(Publishers and authors: improve your sales)
|
|
Inside Another Edition of this Book Citations: This book cites 15 books Browse Sample Pages: Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover |
||
Inside This Book
(learn more)
Browse and search another edition of this book.
Browse and search another edition of this book.
First Sentence:
"In July 2002, the cover article of the leading economics newsweekly The Economist blared out: ""American Capitalism Takes a Beating.""" Read the first page Statistically Improbable Phrases (SIPs): (learn more)
including unit labor costs, sweatshop labor conditions, free market restructuring, capital gains tax revenues, employment targeting, total tax cut, fiscal turnaround, neoliberal era, presidential eras, inertial inflation, income pie, quarter lag, stock market bubble, labor market regulations, convertibility plan, fiscal surpluses, steel tariffs, fiscal stringency, household debt Capitalized Phrases (CAPs): (learn more)
Alan Greenspan, Federal Reserve, Latin America, Wall Street, Federal Funds, Washington Consensus, International Monetary Fund, South Africa, Bill Clinton, The Economist, South Korea, Bob Woodward, Business Week, East Asian, George Bush, John Maynard Keynes, Robert Gordon, Social Security, Adam Smith, Paul Krugman, Putting People First, Global Crossing, Ronald Reagan, Economic Report of the President, Eisenhower Republican New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
"In July 2002, the cover article of the leading economics newsweekly The Economist blared out: ""American Capitalism Takes a Beating.""" Read the first page Statistically Improbable Phrases (SIPs): (learn more)
including unit labor costs, sweatshop labor conditions, free market restructuring, capital gains tax revenues, employment targeting, total tax cut, fiscal turnaround, neoliberal era, presidential eras, inertial inflation, income pie, quarter lag, stock market bubble, labor market regulations, convertibility plan, fiscal surpluses, steel tariffs, fiscal stringency, household debt Capitalized Phrases (CAPs): (learn more)
Alan Greenspan, Federal Reserve, Latin America, Wall Street, Federal Funds, Washington Consensus, International Monetary Fund, South Africa, Bill Clinton, The Economist, South Korea, Bob Woodward, Business Week, East Asian, George Bush, John Maynard Keynes, Robert Gordon, Social Security, Adam Smith, Paul Krugman, Putting People First, Global Crossing, Ronald Reagan, Economic Report of the President, Eisenhower Republican New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
Citations (learn more)
This book cites 15
books:
See all 15 books this book cites
- Dow 36,000: The New Strategy for Profiting from the Coming Rise in the Stock Market by James K. Glassman on page 83, Back Matter, and Index
- Globalization and Progressive Economic Policy by Dean Baker in Back Matter (1), and Back Matter (2)
- New Perspectives in Monetary Macroeconomics : Explorations in the Tradition of Hyman P. Minsky by Robert Pollin in Back Matter (1), and Back Matter (2)
- Kicking Away the Ladder: Development Strategy in Historical Perspective (Anthem World Economics Series) by Ha-Joon Chang on page 191
Customers interested in this title may also be interested in
Sponsored Links ( What's this? )
Feedback
-
Contours Of Descent
New Books up to 40% Off! Buy Contours Of Descent
www.bestprices.com
Listmania!
- More political books to help reveal the truth!: by truthandjustice, concerned citizen
"currrent"/"events": by john presnall, none whatsoever
My Favorites: by intitomo, Researcher/Instructor
So You'd Like to...
- defeat the NEOCONSERVATIVE and FASCIST reaction: by Ted Feldman, Political scientist, Columbia U.
read recent great books about DEMOCRACY vs IMPERIALISM: by dudley_barb, alert librarian, Chicago
win the war of ideas in economics and in politics: by dickknowland, Historian, Stanford University
Look for similar items by category
Browse similar items in Books:
- Subjects > Business & Investing > Economics > Economic Conditions
- Subjects > Business & Investing > Economics > Economic Policy & Development
- Subjects > Business & Investing > Economics > General
- Subjects > Business & Investing > General
- Subjects > Business & Investing > International > Economic Conditions
- Subjects > Nonfiction > Politics > U.S.
Look for similar items by subject