The Squandering of America

The Squandering of America

  • Robert Kuttner
Publisher:VintageISBN 13: 9781400033638ISBN 10: 1400033632

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Know about the book -

The Squandering of America is written by Robert Kuttner and published by Vintage. It's available with International Standard Book Number or ISBN identification 1400033632 (ISBN 10) and 9781400033638 (ISBN 13).

A passionate, articulate argument detailing how the United States political system has failed to adapt to the economic challenges of the late 20th and early 21st centuries. The American economy is in peril. It has fallen hostage to a casino of financial speculation, creating instability as well as inequality. Tens of millions of workers are vulnerable to layoffs and outsourcing, health care and retirement burdens are increasingly being shifted from employers to individuals. Here Kuttner debunks alarmist claims about supposed economic hazards and exposes the genuine dangers: hedge funds and private equity run amok, sub-prime lenders, Wall Street middlemen, and America's dependence on foreign central banks. He then outlines a persuasive, bold alternative, a new model of managed capitalism that can deliver security and opportunity, and rekindle democracy as we know it.