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The Confiscation of American Prosperity [electronic resource] : From Right-Wing Extremism and Economic Ideology to the Next Great Depression / by M. Perelman.

By: Contributor(s): Material type: TextTextPublisher: New York : Palgrave Macmillan US : Imprint: Palgrave Macmillan, 2007Edition: 1st ed. 2007Description: XIV, 239 p. online resourceContent type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9780230607064
Subject(s): Additional physical formats: Printed edition:: No title; Printed edition:: No title; Printed edition:: No title; Printed edition:: No titleDDC classification:
  • 657
LOC classification:
  • HF5601-5688
  • HF5667-5668.252
Online resources: In: Springer Nature eBookSummary: This book argues that the right-wing revolution in the United States has created deepening inequality and will lead to economic catastrophe. The author makes the case that over the past three decades the rich have confiscated wealth and income from the poor and middle class to a far greater extent than many realize, and he explores in detail important but commonly unmeasured dimensions of inequality. He also takes aim at the economics profession, criticising the analytical blinders that leave economists incapable of seeing the coming crisis.
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This book argues that the right-wing revolution in the United States has created deepening inequality and will lead to economic catastrophe. The author makes the case that over the past three decades the rich have confiscated wealth and income from the poor and middle class to a far greater extent than many realize, and he explores in detail important but commonly unmeasured dimensions of inequality. He also takes aim at the economics profession, criticising the analytical blinders that leave economists incapable of seeing the coming crisis.

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