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

By: Faux, Geoffrey P.
Material type: TextTextPublisher: Hoboken, NJ : John Wiley & Sons, Inc., [2012]Bibliography: Includes bibliographical references (pages 265-284) and index.Description: v, 298 pages ; 25 cm.Content type: text Media type: unmediated Carrier type: volumeISBN: 9780470182390; 0470182393.Subject(s): Middle class -- United States -- Economic conditions | United States -- Economic policy -- 2009- | United States -- Economic conditions -- 2009-DDC classification: 330.973 Online resources: Table of contents
Contents:
Part I: The Pursuit of Folly -- 1. The Politics of Hope -- 2. A Brief History of America's Cushion -- 3. The Cushion Deflates -- 4. The Age of Reagan: American Abandoned -- Part II: What the Crash Revealed About the Future of the Middle Class -- 5. Who Knew? They Knew. -- 6. Obama: The Same Pile of Sand -- 7. The Shaky Case for Optimism -- Part III: When What We See Coming, Comes -- 8. The Politics of Austerity -- 9. Grand Bargain? A Done Deal. -- 10. Flickering Hope: Schools, Trade Winds, and the Bubble's Return -- 11. The Servant Economy -- Acknowledgments -- Index
Summary: 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. It was an accident of history, 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. Faux explores a future economy nearly devoid of production and exports, with the most profitable industries existing to solely to serve the wealthiest 1%.
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Item type Current library Collection Call number Status Date due Barcode
Two Weeks Davenport Library Circulating Collection Print-Circulating 330.973 F276 2012 (Browse shelf(Opens below)) Available 34284003137544

Includes bibliographical references (pages 265-284) and index.

Part I: The Pursuit of Folly -- 1. The Politics of Hope -- 2. A Brief History of America's Cushion -- 3. The Cushion Deflates -- 4. The Age of Reagan: American Abandoned -- Part II: What the Crash Revealed About the Future of the Middle Class -- 5. Who Knew? They Knew. -- 6. Obama: The Same Pile of Sand -- 7. The Shaky Case for Optimism -- Part III: When What We See Coming, Comes -- 8. The Politics of Austerity -- 9. Grand Bargain? A Done Deal. -- 10. Flickering Hope: Schools, Trade Winds, and the Bubble's Return -- 11. The Servant Economy -- Acknowledgments -- Index

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. It was an accident of history, 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. Faux explores a future economy nearly devoid of production and exports, with the most profitable industries existing to solely to serve the wealthiest 1%.

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