Coverart for item
The Resource The servant economy : where America's elite is sending the middle class, Jeff Faux

The servant economy : where America's elite is sending the middle class, Jeff Faux

Label
The servant economy : where America's elite is sending the middle class
Title
The servant economy
Title remainder
where America's elite is sending the middle class
Statement of responsibility
Jeff Faux
Title variation
servant economy
Title variation remainder
where Americas elite is sending the middle class
Creator
Subject
Genre
Language
eng
Summary
  • "Renowned economist Jeff Faux explains why neither party's leaders have a plan to remedy America's unemployment, inequality, or long economic slide. America's political and economic elite spent so long making such terrible decisions that they caused the collapse of 2008. So how can they continue down the same road? The simple answer, that no one in charge wants to publicly acknowledge: because things are still pretty great for the people who run America. It was an accident of history, Jeff Faux explains, that after World War II the U.S. could afford a prosperous middle class, a dominant military, and a booming economic elite at the same time. For the past three decades, all three have been competing, with the middle class always losing. Soon the military will decline as well. The most plausible projections Faux explores foresee a future economy nearly devoid of production and exports, with the most profitable industries existing to solely to serve the wealthiest 1%. The author's last book, The Global Class War, sold over 20,000 copies by correctly predicting the permanent decline of our debt-burdened middle class at the hands of our off-shoring executives, out of control financiers, and their friends in Washington Since his last book, Faux is repeatedly asked what either party will do to face these mounting crises. After looking over actual policies, proposed plans, non-partisan reports, and think tank papers, his astonishing conclusion: more of the same"--
  • "This book will describe, the dismantling of the New Deal profoundly affected the way in which the private corporate sector treated the future as well. Deregulation dramatically shortened the time horizons of American business. Time is money. Banks and investment houses were once again free to use the nation's capital to chase short-term speculative profits. The idea that had been emerging after World War II that corporations were social institutions -- responsible to their employees, suppliers, surrounding communities and other stakeholders -- faded"--
Summary
Argues that the current economic and political climate in the United States is creating lower income, less opportunity, and hardening class lines, thus causing the dismantling of the middle class dream
Tone
Writing style
Assigning source
  • Provided by publisher
  • Provided by publisher
http://library.link/vocab/ext/novelist/bookUI
10129680
Cataloging source
DLC
Dewey number
330.973
Index
index present
LC call number
HC106.84
LC item number
.F38 2012
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/resourcePreferred
True
Target audience
adult
http://bibfra.me/vocab/lite/titleRemainder
where America's elite is sending the middle class
Label
The servant economy : where America's elite is sending the middle class, Jeff Faux
Instantiates
Publication
Bibliography note
Includes bibliographical references (pages 265-284) and index
Carrier category
volume
Carrier MARC source
rdacarrier.
Content category
text
Content type MARC source
rdacontent.
Control code
769989918
Dimensions
25 cm.
Extent
v, 298 pages
Isbn
9780470182390
Lccn
2012013719
Media category
unmediated
Media MARC source
rdamedia.
Other control number
3990723
Label
The servant economy : where America's elite is sending the middle class, Jeff Faux
Publication
Bibliography note
Includes bibliographical references (pages 265-284) and index
Carrier category
volume
Carrier MARC source
rdacarrier.
Content category
text
Content type MARC source
rdacontent.
Control code
769989918
Dimensions
25 cm.
Extent
v, 298 pages
Isbn
9780470182390
Lccn
2012013719
Media category
unmediated
Media MARC source
rdamedia.
Other control number
3990723

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