The American Dream vs. The Gospel of Wealth: The Fight for a Productive Middle-Class Economy Norton Garfinkle

ISBN: 9780300108606

Published:

Hardcover

240 pages


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The American Dream vs. The Gospel of Wealth: The Fight for a Productive Middle-Class Economy  by  Norton Garfinkle

The American Dream vs. The Gospel of Wealth: The Fight for a Productive Middle-Class Economy by Norton Garfinkle
| Hardcover | PDF, EPUB, FB2, DjVu, talking book, mp3, RTF | 240 pages | ISBN: 9780300108606 | 7.30 Mb

Norton Garfinkle paints a disquieting picture of America today: a nation increasingly divided between economic winners and losers, a nationin whichthe middle-class American Dream seems more and more elusive. Recent government policies reflect aMoreNorton 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 favors 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, Garfinkle 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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