The Confiscation of American Prosperity: From Right-Wing Extremism and Economic Ideology to the Next Great Depression

The Confiscation of American Prosperity: From Right-Wing Extremism and Economic Ideology to the Next Great Depression

Author
Michael Perelman
Language
English
Edition
First Edition
Year
2007
Page
256
ISBN
0230600468,9780230600461,9780230607064
File Type
pdf
File Size
1.1 MiB

This book argues that the right-wing revolution in the United States has created deepening inequality and will lead to economic catastrophe. The author makes the case that over the past three decades the rich have confiscated wealth and income from the poor and middle class to a far greater extent than many realize, and he explores in detail important but commonly unmeasured dimensions of inequality. He also takes aim at the economics profession, criticising the analytical blinders that leave economists incapable of seeing the coming crisis.

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