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People, Power, and Profits: Progressive Capitalism for an Age of Discontent

Author : Joseph E. Stiglitz
Publisher : W. W. Norton & Company
Page : 366 pages
File Size : 37,50 MB
Release : 2019-04-23
Category : Business & Economics
ISBN : 1324004223

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A Nobel prize winner challenges us to throw off the free market fundamentalists and reclaim our economy. We all have the sense that the American economy—and its government—tilts toward big business, but as Joseph E. Stiglitz explains in his new book, People, Power, and Profits, the situation is dire. A few corporations have come to dominate entire sectors of the economy, contributing to skyrocketing inequality and slow growth. This is how the financial industry has managed to write its own regulations, tech companies have accumulated reams of personal data with little oversight, and our government has negotiated trade deals that fail to represent the best interests of workers. Too many have made their wealth through exploitation of others rather than through wealth creation. If something isn’t done, new technologies may make matters worse, increasing inequality and unemployment. Stiglitz identifies the true sources of wealth and of increases in standards of living, based on learning, advances in science and technology, and the rule of law. He shows that the assault on the judiciary, universities, and the media undermines the very institutions that have long been the foundation of America’s economic might and its democracy. Helpless though we may feel today, we are far from powerless. In fact, the economic solutions are often quite clear. We need to exploit the benefits of markets while taming their excesses, making sure that markets work for us—the U.S. citizens—and not the other way around. If enough citizens rally behind the agenda for change outlined in this book, it may not be too late to create a progressive capitalism that will recreate a shared prosperity. Stiglitz shows how a middle-class life can once again be attainable by all. An authoritative account of the predictable dangers of free market fundamentalism and the foundations of progressive capitalism, People, Power, and Profits shows us an America in crisis, but also lights a path through this challenging time.

The Age of Discontent

Author : Matthew Rhodes-Purdy
Publisher : Cambridge University Press
Page : 309 pages
File Size : 29,58 MB
Release : 2023-02-28
Category : Political Science
ISBN : 1009279394

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Examines how emotions caused by economic crises inflame racial, ethnic, and regional tensions, consequently promoting populism, extremism, and conspiracy theories.

American Discontent

Author : John L. Campbell
Publisher : Oxford University Press
Page : 241 pages
File Size : 46,31 MB
Release : 2018-05-01
Category : Political Science
ISBN : 0190872454

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The 2016 presidential election was unlike any other in recent memory, and Donald Trump was an entirely different kind of candidate than voters were used to seeing. He was the first true outsider to win the White House in over a century and the wealthiest populist in American history. Democrats and Republicans alike were left scratching their heads-how did this happen? In American Discontent, John L. Campbell contextualizes Donald Trump's success by focusing on the long-developing economic, racial, ideological, and political shifts that enabled Trump to win the White House. Campbell argues that Trump's rise to power was the culmination of a half-century of deep, slow-moving change in America, beginning with the decline of the Golden Age of prosperity that followed the Second World War. The worsening economic anxieties of many Americans reached a tipping point when the 2008 financial crisis and Barack Obama's election, as the first African American president, finally precipitated the worst political gridlock in generations. Americans were fed up and Trump rode a wave of discontent all the way to the White House. Campbell emphasizes the deep structural and historical factors that enabled Trump's rise to power. Since the 1970s and particularly since the mid-1990s, conflicts over how to restore American economic prosperity, how to cope with immigration and racial issues, and the failings of neoliberalism have been gradually dividing liberals from conservatives, whites from minorities, and Republicans from Democrats. Because of the general ideological polarization of politics, voters were increasingly inclined to believe alternative facts and fake news. Grounded in the underlying economic and political changes in America that stretch back decades, American Discontent provides a short, accessible, and nonpartisan explanation of Trump's rise to power.

The Rise of the Tea Party

Author : Anthony DiMaggio
Publisher : NYU Press
Page : 289 pages
File Size : 12,51 MB
Release : 2012-11-01
Category : Political Science
ISBN : 1583673067

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What to make of the Tea Party? To some, it is a grassroots movement aiming to reclaim an out-of-touch government for the people. To others, it is a proto-fascist organization of the misinformed and manipulated lower middle class. Either way, it is surely one of the most significant forms of reaction in the age of Obama. In this definitive socio-political analysis of the Tea Party, Anthony DiMaggio examines the Tea Party phenomenon, using a vast array of primary and secondary sources as well as first-hand observation. He traces the history of the Tea Party and analyzes its organizational structure, membership, ideological coherence, and relationship to the mass media. And, perhaps most importantly, he asks: is it really a movement or just a form of “manufactured dissent” engineered by capital? DiMaggio’s conclusions are thoroughly documented, surprising, and bring much needed clarity to a highly controversial subject.

Rethinking Ideology in the Age of Global Discontent

Author : Barrie Axford
Publisher : Routledge
Page : 319 pages
File Size : 26,37 MB
Release : 2017-12-01
Category : Political Science
ISBN : 1351611747

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Over the last decade, anti-government demonstrations worldwide have brought together individuals and groups that were often assumed unlikely to unite for a common cause due to differences in ideological tendencies. They have particularly highlighted the role of youth, women, social media, and football clubs in establishing unusual alliances between far left and far right groups and/or secular and religious segments of the society. In this wide-ranging volume, the contributors question to what extent political ideologies have lost their explanatory power in contemporary politics and society. This book aims to contribute to the ongoing debates about the relationship between ideology and public protests by introducing the global context that allows the comparison of societies in different parts of the world in order to reveal the general patterns underlying the global era. Tackling a highly topical issue, this book will be of particular interest to students and scholars of international relations, social movements and globalization.

Our Divided Political Heart

Author : E.J. Dionne Jr.
Publisher : Bloomsbury Publishing USA
Page : 353 pages
File Size : 22,43 MB
Release : 2012-05-22
Category : Political Science
ISBN : 160819440X

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America today is at a political impasse; we face a nation divided and discontented. Acclaimed political commentator E.J. Dionne argues that Americans can't agree on who we are as a nation because we can't agree on who we've been, or what it is, philosophically and spiritually, that makes us "Americans." Dionne places our current quarrels in the long-standing tradition of struggle between two core values: the love of individualism and our reverence for community. Both make us who we are, and to ignore either one is to distort our national character. He sees the current Tea Party as a representation of hyper-individualism, and takes on their agenda-serving distortions of history, from the Revolution to the Civil War and the constitutional role of government. Tea Partiers have reacted fiercely to President Obama, who seeks to restore a communitarian balance - a cause in American liberalism which Dionne traces through recent decades. The ability of the American system to self-correct may be one of its greatest assets, but we have been caught in cycles of over-correcting. Dionne seeks, through an understanding of our factious past, to rediscover the idea of true progress, and the confidence that it can be achieved.

Caste

Author : Isabel Wilkerson
Publisher : Random House Trade Paperbacks
Page : 545 pages
File Size : 47,89 MB
Release : 2023-02-14
Category : Social Science
ISBN : 0593230272

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#1 NEW YORK TIMES BESTSELLER • OPRAH’S BOOK CLUB PICK • “An instant American classic and almost certainly the keynote nonfiction book of the American century thus far.”—Dwight Garner, The New York Times The Pulitzer Prize–winning, bestselling author of The Warmth of Other Suns examines the unspoken caste system that has shaped America and shows how our lives today are still defined by a hierarchy of human divisions—now with a new Afterword by the author. #1 NONFICTION BOOK OF THE YEAR: Time ONE OF THE BEST BOOKS OF THE YEAR: The Washington Post, The New York Times, Los Angeles Times, The Boston Globe, O: The Oprah Magazine, NPR, Bloomberg, The Christian Science Monitor, New York Post, The New York Public Library, Fortune, Smithsonian Magazine, Marie Claire, Slate, Library Journal, Kirkus Reviews Winner of the Carl Sandberg Literary Award • Winner of the Los Angeles Times Book Prize • National Book Award Longlist • National Book Critics Circle Award Finalist • Dayton Literary Peace Prize Finalist • PEN/John Kenneth Galbraith Award for Nonfiction Finalist • PEN/Jean Stein Book Award Longlist • Kirkus Prize Finalist “As we go about our daily lives, caste is the wordless usher in a darkened theater, flashlight cast down in the aisles, guiding us to our assigned seats for a performance. The hierarchy of caste is not about feelings or morality. It is about power—which groups have it and which do not.” In this brilliant book, Isabel Wilkerson gives us a masterful portrait of an unseen phenomenon in America as she explores, through an immersive, deeply researched, and beautifully written narrative and stories about real people, how America today and throughout its history has been shaped by a hidden caste system, a rigid hierarchy of human rankings. Beyond race, class, or other factors, there is a powerful caste system that influences people’s lives and behavior and the nation’s fate. Linking the caste systems of America, India, and Nazi Germany, Wilkerson explores eight pillars that underlie caste systems across civilizations, including divine will, bloodlines, stigma, and more. Using riveting stories about people—including Martin Luther King, Jr., baseball’s Satchel Paige, a single father and his toddler son, Wilkerson herself, and many others—she shows the ways that the insidious undertow of caste is experienced every day. She documents how the Nazis studied the racial systems in America to plan their outcasting of the Jews; she discusses why the cruel logic of caste requires that there be a bottom rung for those in the middle to measure themselves against; she writes about the surprising health costs of caste, in depression and life expectancy, and the effects of this hierarchy on our culture and politics. Finally, she points forward to ways America can move beyond the artificial and destructive separations of human divisions, toward hope in our common humanity. Original and revealing, Caste: The Origins of Our Discontents is an eye-opening story of people and history, and a reexamination of what lies under the surface of ordinary lives and of American life today.

The Age of Discontent

Author : Matthew Rhodes-Purdy
Publisher : Cambridge University Press
Page : 309 pages
File Size : 46,19 MB
Release : 2023-02-28
Category : Political Science
ISBN : 1009279416

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The years following the 2008 financial crisis produced a surge of political discontent with populism, conspiracism, and Far Right extremism rising across the world. Despite this timing, many of these movements coalesced around cultural issues rather than economic grievances. But if culture, and not economics, is the primary driver of political discontent, why did these developments emerge after a financial collapse, a pattern that repeats throughout the history of the democratic world? Using the framework of 'Affective Political Economy', The Age of Discontent demonstrates that emotions borne of economic crises produce cultural discontent, thus enflaming conflicts over values and identities. The book uses this framework to explain the rise of populism and the radical right in the US, UK, Spain, and Brazil, and the social uprising in Chile. It argues that states must fulfill their roles as providers of social insurance and channels for citizen voices if they wish to turn back the tide of political discontent.

A Fierce Discontent

Author : Michael McGerr
Publisher : Simon and Schuster
Page : 428 pages
File Size : 18,30 MB
Release : 2010-05-11
Category : History
ISBN : 1439136033

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The Progressive Era, a few brief decades around the turn of the last century, still burns in American memory for its outsized personalities: Theodore Roosevelt, whose energy glinted through his pince-nez; Carry Nation, who smashed saloons with her axe and helped stop an entire nation from drinking; women suffragists, who marched in the streets until they finally achieved the vote; Andrew Carnegie and the super-rich, who spent unheard-of sums of money and became the wealthiest class of Americans since the Revolution. Yet the full story of those decades is far more than the sum of its characters. In Michael McGerr's A Fierce Discontent America's great political upheaval is brilliantly explored as the root cause of our modern political malaise. The Progressive Era witnessed the nation's most convulsive upheaval, a time of radicalism far beyond the Revolution or anything since. In response to the birth of modern America, with its first large-scale businesses, newly dominant cities, and an explosion of wealth, one small group of middle-class Americans seized control of the nation and attempted to remake society from bottom to top. Everything was open to question -- family life, sex roles, race relations, morals, leisure pursuits, and politics. For a time, it seemed as if the middle-class utopians would cause a revolution. They accomplished an astonishing range of triumphs. From the 1890s to the 1910s, as American soldiers fought a war to make the world safe for democracy, reformers managed to outlaw alcohol, close down vice districts, win the right to vote for women, launch the income tax, take over the railroads, and raise feverish hopes of making new men and women for a new century. Yet the progressive movement collapsed even more spectacularly as the war came to an end amid race riots, strikes, high inflation, and a frenzied Red scare. It is an astonishing and moving story. McGerr argues convincingly that the expectations raised by the progressives' utopian hopes have nagged at us ever since. Our current, less-than-epic politics must inevitably disappoint a nation that once thought in epic terms. The New Deal, World War II, the Cold War, the Great Society, and now the war on terrorism have each entailed ambitious plans for America; and each has had dramatic impacts on policy and society. But the failure of the progressive movement set boundaries around the aspirations of all of these efforts. None of them was as ambitious, as openly determined to transform people and create utopia, as the progressive movement. We have been forced to think modestly ever since that age of bold reform. For all of us, right, center, and left, the age of "fierce discontent" is long over.