9780385547161
The Middle Out
In the first half of the twentieth century the Keynesian brand of economics, which saw government spending as a necessary spur to economic growth, prevailed. Then in the 1970s, conservatives fought back. The era of conservative dogma, often called neoliberal economics, begun. It ushered in increasing inequality, a shrinking middle class, and declining public investment. In The Middle Out, journalist Michael Tomasky narrates this history and reports on the work of today's progressive economists, who are using mountains of historical evidence to contradict neoliberal claims. Their research reveals conservative dogma to be unfounded and shows how concentrated wealth has been built on the exploitation of women, minorities, and the politically powerless. Middle-out economics, in contrast, is the belief that prosperity comes from a thriving middle class, and therefore government plays a role in supporting families and communities. This version of capitalism--more just, more equal, and in which prosperity is shared--could be the American future.
  • Publisher: Doubleday US
  • Publication date: 06/09/2022
  • ISBN: 9780385547161
  • Page extent: 304
  • Format: Hardback
  • Dimensions: 211 mm x 140 mm
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