The Failure of Laissez Faire Capitalism and Economic Dissolution of the West

Business & Finance, Economics, Comparative Economics
Cover of the book The Failure of Laissez Faire Capitalism and Economic Dissolution of the West by Dr. Paul Craig Roberts, Dr. Paul Craig Roberts
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Dr. Paul Craig Roberts ISBN: 9780988406513
Publisher: Dr. Paul Craig Roberts Publication: March 19, 2013
Imprint: Smashwords Edition Language: English
Author: Dr. Paul Craig Roberts
ISBN: 9780988406513
Publisher: Dr. Paul Craig Roberts
Publication: March 19, 2013
Imprint: Smashwords Edition
Language: English

This very readable book by a distinguished economist, Wall Street Journal editor, and Assistant Secretary of the US Treasury is a major challenge both to economic theory and to media explanations of the ongoing 21st century economic crisis. The one percent have pulled off an economic and political revolution. By offshoring manufacturing and professional service jobs, US corporations destroyed the growth of consumer income, the basis of the US economy, leaving the bulk of the population mired in debt. Deregulation was used to concentrate income and wealth in fewer hands and financial firms in corporations “too big to fail,” removing financial corporations from market discipline and forcing taxpayers in the US and Europe to cover bankster losses. Environmental destruction has accelerated as economists refuse to count the exhaustion of nature’s resources as a cost and as corporations impose the cost of their activities on the environment and on third parties who do not share in the profits. This is the book to read for those who want to understand the mistakes that are bringing the West to its knees.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This very readable book by a distinguished economist, Wall Street Journal editor, and Assistant Secretary of the US Treasury is a major challenge both to economic theory and to media explanations of the ongoing 21st century economic crisis. The one percent have pulled off an economic and political revolution. By offshoring manufacturing and professional service jobs, US corporations destroyed the growth of consumer income, the basis of the US economy, leaving the bulk of the population mired in debt. Deregulation was used to concentrate income and wealth in fewer hands and financial firms in corporations “too big to fail,” removing financial corporations from market discipline and forcing taxpayers in the US and Europe to cover bankster losses. Environmental destruction has accelerated as economists refuse to count the exhaustion of nature’s resources as a cost and as corporations impose the cost of their activities on the environment and on third parties who do not share in the profits. This is the book to read for those who want to understand the mistakes that are bringing the West to its knees.

More books from Comparative Economics

Cover of the book Decision Making Under Monopoly by Dr. Paul Craig Roberts
Cover of the book Bear Traps on Russia's Road to Modernization by Dr. Paul Craig Roberts
Cover of the book Misère de la philosophie by Dr. Paul Craig Roberts
Cover of the book Regulation by Municipal Licensing by Dr. Paul Craig Roberts
Cover of the book Central Banks into the Breach by Dr. Paul Craig Roberts
Cover of the book East Asian Development by Dr. Paul Craig Roberts
Cover of the book Beyond Western Economics by Dr. Paul Craig Roberts
Cover of the book La UE como Potencia Económica Mundial by Dr. Paul Craig Roberts
Cover of the book Fiscal Adjustment and Economic Development by Dr. Paul Craig Roberts
Cover of the book Towards a New Russian Work Culture by Dr. Paul Craig Roberts
Cover of the book Planning and Profits in Socialist Economies by Dr. Paul Craig Roberts
Cover of the book The Long Haul by Dr. Paul Craig Roberts
Cover of the book International Trade Negotiations and Domestic Politics by Dr. Paul Craig Roberts
Cover of the book Human Capital Formation and Economic Growth in Asia and the Pacific by Dr. Paul Craig Roberts
Cover of the book Transition Economies by Dr. Paul Craig Roberts
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy