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BL
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| Record Number
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1034171
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| Doc. No
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b788541
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| Main Entry
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Garfinkle, Norton,1931-
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| Title & Author
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The American dream vs. the gospel of wealth : : the fight for a productive middle-class economy /\ Norton Garfinkle.
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| Publication Statement
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New Haven :: Yale University Press,, ©2006.
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| Series Statement
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The future of American democracy
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| Page. NO
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1 online resource (ix, 230 pages) :: illustrations
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| ISBN
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030013780X
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: 1281735248
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: 9780300137804
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: 9781281735249
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0300108605
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9780300108606
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| Bibliographies/Indexes
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Includes bibliographical references (pages 205-219) and index.
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| Contents
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The American economic vision -- Lincoln's economics : the origin of the American dream -- The gospel of wealth -- The age of reform -- The business of America is business -- The renewal of the American dream -- The new gospel of wealth -- The current debate : supply-side vs. demand-side economics -- The way forward.
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| Abstract
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Norton Garfinkle paints a disquieting picture of America today: a nation increasingly divided between economic winners and losers, a nation in which the middle-class American Dream seems more and more elusive. Recent government policies reflect a commitment to a new supply-side winner-take-all Gospel of Wealth. Garfinkle warns that this supply-side economic vision favours the privileged few over the majority of American citizens striving to better their economic condition. Garfinkle employs historical insight and data-based economic analysis to demonstrate compellingly the sharp departure of the supply-side Gospel of Wealth from an American ideal that dates back to Abraham Lincoln, the vision of America as a society in which ordinary, hard-working individuals can get ahead and attain a middle-class living, and in which government plays an active role in expanding opportunities and ensuring against economic exploitation. Supply-side economic policies increase economic disparities and, the author insists, they fail on technical, factual, moral, and political grounds. He outlines a fresh economic vision, consonant with the great American tradition of ensuring strong economic growth while preserving the middle-class American Dream.
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| Subject
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Democracy-- United States.
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Middle class-- United States.
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Supply-side economics-- United States.
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BUSINESS ECONOMICS-- Economic Conditions.
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BUSINESS ECONOMICS-- Economic History.
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BUSINESS ECONOMICS-- Economics-- Comparative.
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Democracy.
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Economic history.
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Economic policy.
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Middle class.
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POLITICAL SCIENCE-- Economic Conditions.
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POLITICAL SCIENCE-- General.
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Supply-side economics.
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United States, Economic conditions.
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United States, Economic policy.
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United States.
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| Dewey Classification
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330.973
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| LC Classification
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HC103.G32 2006eb
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| Parallel Title
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American dream versus the gospel of wealth
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