Plenty of Nothing : : The Downsizing of the American Dream and the Case for Structural Keynesianism / / Thomas I. Palley.
Business papers today are in a triumphant mood, buoyed by a conviction that the economic stagnation of the last quarter century has vanished in favor of a new age of robust growth. But if we are doing so well, many ask, why does it feel like we are working harder for less? Why, despite economic grow...
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Palley, Thomas I., author. aut http://id.loc.gov/vocabulary/relators/aut Plenty of Nothing : The Downsizing of the American Dream and the Case for Structural Keynesianism / Thomas I. Palley. Princeton, NJ : Princeton University Press, [2021] ©1998 1 online resource (264 p.) : 46 line illus. 21 tables text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda Frontmatter -- Contents -- List of Figures -- List of Tables -- Preface to the First Edition -- Introduction to the Paperback Edition -- CHAPTER 1. Debunking Economic Naturalism -- CHAPTER 2. Making Sense of the Economy and Economics -- CHAPTER 3. Plenty of Nothing: An Overview -- CHAPTER 4. The State of the American Dream -- CHAPTER 5. The Logic of Economic Power, Part I: Diagnosing the Problem -- CHAPTER 6. The Logic of Economic Power, Part II: Policies for Prosperity -- CHAPTER 7. The Triumph of Wall Street: Finance and the Federal Reserve -- CHAPTER 8. From New Deal to Raw Deal: The Attack on Government -- CHAPTER 9. Free Trade and the Race to the Bottom -- CHAPTER 10. International Money: Who Governs? -- CHAPTER 11. Structural Keynesianism and Globalization -- CHAPTER 12. Recipe for a Depression -- Epilogue: Ending Economic Fatalism -- Notes -- References -- Index restricted access http://purl.org/coar/access_right/c_16ec online access with authorization star Business papers today are in a triumphant mood, buoyed by a conviction that the economic stagnation of the last quarter century has vanished in favor of a new age of robust growth. But if we are doing so well, many ask, why does it feel like we are working harder for less? Why, despite economic growth, does inequality between rich and poor keep rising? In this wide-ranging and provocative book, Thomas Palley pulls together many threads of "new liberal" economic thought to offer detailed answers to these pressing questions. And he proposes a new economic model--structural Keynesianism--that he argues would return America to sustainable, fairly shared prosperity. The key, he writes, is to abandon the myth of a natural competitive economy, which has justified unleashing capital and attacking unions. This has resulted in an economy dominated by business. Palley's book, which began as a cover article for The Atlantic Monthly in 1996, challenges the economic orthodoxies of the political right and center, popularized by such economists as Milton Friedman and Paul Krugman. He marshals a powerful array of economic facts and arguments to show that the interests of working families have gradually been sacrificed to those of corporations. Expanding on traditional Keynesian economics, he argues that, although capitalism is the most productive system ever devised, it also tends to generate deep economic inequalities and encourage the pursuit of profit at the expense of all else. He challenges fatalists who say we can do nothing about this--that economic insecurity and stagnant wages are the inevitable results of irresistible globalization. Palley argues that capitalism comes in a range of forms and that government can and should shape it from a "mean street" system into a "main street" system through monetary, fiscal, trade, and regulatory policies that promote widespread prosperity. Plenty of Nothing offers a compelling alternative to conventional economic wisdom. The book is clearly and powerfully written and will provoke debate among economists and the general public about the most stubborn problems in the American economy. Mode of access: Internet via World Wide Web. In English. Description based on online resource; title from PDF title page (publisher's Web site, viewed 07. Nov 2022) Achievement motivation. Keynesian economics. Success. BUSINESS & ECONOMICS / Economics / General. bisacsh Anderson, A. Aschauer, D. A. Bensinger, Richard. Bronfenbrenner, Kate. Bush administration: fiscal policy. Cold War. Corrigan, E. Gerald. Eisner, Robert. Eurodollar market. Federal Reserve Reform Act (1977). Fisher, Irving. Friedman, Milton. Friedman, Rose. Galbraith, John Kenneth. Gordon, D. M. Greenspan, Alan. Heilbroner, Robert. Howell, D.R. International Monetary Fund (IMF). Keynes, John Maynard. Mexican peso crisis (1995). Minsky, Hyman. Palley, Thomas I. Phelps, Edmund. Schor, Juliet. balance-of-power hypothesis. bankruptcy. bureaucratic-failure theory. capacity utilization: levels (1948-95). capitalism: Cold War victory of utopian. chief executive officer (CEO) pay. communism. comparative advantage. competition: for jobs. consumption-binge hypothesis. debt, household. demand: effect of deficient. deregulation: effect of. economic performance: of median family. economic theory: antilabor. employment cost index (ECI). exploitation. fatalism, economic. individualism, laissez-faire. insecurity, worker. investment diversion. job loss rates. labor standards, core. law of one price. lower class increase (1973-90). monetarists. oil shocks, post-1973 effect. product market competition. recession: 1990. Title is part of eBook package: De Gruyter Princeton University Press eBook-Package Archive 1927-1999 9783110442496 Title is part of eBook package: De Gruyter Princeton University Press eBook-Package Gap Years 9783110784237 https://doi.org/10.1515/9780691227603?locatt=mode:legacy https://www.degruyter.com/isbn/9780691227603 Cover https://www.degruyter.com/document/cover/isbn/9780691227603/original |
language |
English |
format |
eBook |
author |
Palley, Thomas I., Palley, Thomas I., |
spellingShingle |
Palley, Thomas I., Palley, Thomas I., Plenty of Nothing : The Downsizing of the American Dream and the Case for Structural Keynesianism / Frontmatter -- Contents -- List of Figures -- List of Tables -- Preface to the First Edition -- Introduction to the Paperback Edition -- CHAPTER 1. Debunking Economic Naturalism -- CHAPTER 2. Making Sense of the Economy and Economics -- CHAPTER 3. Plenty of Nothing: An Overview -- CHAPTER 4. The State of the American Dream -- CHAPTER 5. The Logic of Economic Power, Part I: Diagnosing the Problem -- CHAPTER 6. The Logic of Economic Power, Part II: Policies for Prosperity -- CHAPTER 7. The Triumph of Wall Street: Finance and the Federal Reserve -- CHAPTER 8. From New Deal to Raw Deal: The Attack on Government -- CHAPTER 9. Free Trade and the Race to the Bottom -- CHAPTER 10. International Money: Who Governs? -- CHAPTER 11. Structural Keynesianism and Globalization -- CHAPTER 12. Recipe for a Depression -- Epilogue: Ending Economic Fatalism -- Notes -- References -- Index |
author_facet |
Palley, Thomas I., Palley, Thomas I., |
author_variant |
t i p ti tip t i p ti tip |
author_role |
VerfasserIn VerfasserIn |
author_sort |
Palley, Thomas I., |
title |
Plenty of Nothing : The Downsizing of the American Dream and the Case for Structural Keynesianism / |
title_sub |
The Downsizing of the American Dream and the Case for Structural Keynesianism / |
title_full |
Plenty of Nothing : The Downsizing of the American Dream and the Case for Structural Keynesianism / Thomas I. Palley. |
title_fullStr |
Plenty of Nothing : The Downsizing of the American Dream and the Case for Structural Keynesianism / Thomas I. Palley. |
title_full_unstemmed |
Plenty of Nothing : The Downsizing of the American Dream and the Case for Structural Keynesianism / Thomas I. Palley. |
title_auth |
Plenty of Nothing : The Downsizing of the American Dream and the Case for Structural Keynesianism / |
title_alt |
Frontmatter -- Contents -- List of Figures -- List of Tables -- Preface to the First Edition -- Introduction to the Paperback Edition -- CHAPTER 1. Debunking Economic Naturalism -- CHAPTER 2. Making Sense of the Economy and Economics -- CHAPTER 3. Plenty of Nothing: An Overview -- CHAPTER 4. The State of the American Dream -- CHAPTER 5. The Logic of Economic Power, Part I: Diagnosing the Problem -- CHAPTER 6. The Logic of Economic Power, Part II: Policies for Prosperity -- CHAPTER 7. The Triumph of Wall Street: Finance and the Federal Reserve -- CHAPTER 8. From New Deal to Raw Deal: The Attack on Government -- CHAPTER 9. Free Trade and the Race to the Bottom -- CHAPTER 10. International Money: Who Governs? -- CHAPTER 11. Structural Keynesianism and Globalization -- CHAPTER 12. Recipe for a Depression -- Epilogue: Ending Economic Fatalism -- Notes -- References -- Index |
title_new |
Plenty of Nothing : |
title_sort |
plenty of nothing : the downsizing of the american dream and the case for structural keynesianism / |
publisher |
Princeton University Press, |
publishDate |
2021 |
physical |
1 online resource (264 p.) : 46 line illus. 21 tables |
contents |
Frontmatter -- Contents -- List of Figures -- List of Tables -- Preface to the First Edition -- Introduction to the Paperback Edition -- CHAPTER 1. Debunking Economic Naturalism -- CHAPTER 2. Making Sense of the Economy and Economics -- CHAPTER 3. Plenty of Nothing: An Overview -- CHAPTER 4. The State of the American Dream -- CHAPTER 5. The Logic of Economic Power, Part I: Diagnosing the Problem -- CHAPTER 6. The Logic of Economic Power, Part II: Policies for Prosperity -- CHAPTER 7. The Triumph of Wall Street: Finance and the Federal Reserve -- CHAPTER 8. From New Deal to Raw Deal: The Attack on Government -- CHAPTER 9. Free Trade and the Race to the Bottom -- CHAPTER 10. International Money: Who Governs? -- CHAPTER 11. Structural Keynesianism and Globalization -- CHAPTER 12. Recipe for a Depression -- Epilogue: Ending Economic Fatalism -- Notes -- References -- Index |
isbn |
9780691227603 9783110442496 9783110784237 |
callnumber-first |
H - Social Science |
callnumber-subject |
HC - Economic History and Conditions |
callnumber-label |
HC106 |
callnumber-sort |
HC 3106.8 |
url |
https://doi.org/10.1515/9780691227603?locatt=mode:legacy https://www.degruyter.com/isbn/9780691227603 https://www.degruyter.com/document/cover/isbn/9780691227603/original |
illustrated |
Illustrated |
dewey-hundreds |
100 - Philosophy & psychology |
dewey-tens |
150 - Psychology |
dewey-ones |
158 - Applied psychology |
dewey-full |
158 |
dewey-sort |
3158 |
dewey-raw |
158 |
dewey-search |
158 |
doi_str_mv |
10.1515/9780691227603?locatt=mode:legacy |
work_keys_str_mv |
AT palleythomasi plentyofnothingthedownsizingoftheamericandreamandthecaseforstructuralkeynesianism |
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ids_txt_mv |
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carrierType_str_mv |
cr |
hierarchy_parent_title |
Title is part of eBook package: De Gruyter Princeton University Press eBook-Package Archive 1927-1999 Title is part of eBook package: De Gruyter Princeton University Press eBook-Package Gap Years |
is_hierarchy_title |
Plenty of Nothing : The Downsizing of the American Dream and the Case for Structural Keynesianism / |
container_title |
Title is part of eBook package: De Gruyter Princeton University Press eBook-Package Archive 1927-1999 |
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In this wide-ranging and provocative book, Thomas Palley pulls together many threads of "new liberal" economic thought to offer detailed answers to these pressing questions. And he proposes a new economic model--structural Keynesianism--that he argues would return America to sustainable, fairly shared prosperity. The key, he writes, is to abandon the myth of a natural competitive economy, which has justified unleashing capital and attacking unions. This has resulted in an economy dominated by business. Palley's book, which began as a cover article for The Atlantic Monthly in 1996, challenges the economic orthodoxies of the political right and center, popularized by such economists as Milton Friedman and Paul Krugman. He marshals a powerful array of economic facts and arguments to show that the interests of working families have gradually been sacrificed to those of corporations. 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