The Middle Out
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The Middle Out by Michael Tomasky
Political journalist Michael Tomasky tracks an exciting change among progressive economists who are overturning decades of conservative dogma and offering an alternative version of capitalism that can serve broadly shared prosperity to all. In the first half of the twentieth century the Keynesian brand of economics, which saw government spending as a necessary spur to economic growth, prevailed. Then in the 1970s, conservatives fought back. Once they got people to believe a few simple ideas instead--that only the free market could produce growth, that taxes and regulation stifle growth--the battle was won. The era of conservative dogma, often called neoliberal economics, had begun. It ushered in increasing inequality, a shrinking middle class, and declining public investment. For fifty years, liberals have not been able to make a dent in it. Until now. In The Middle Out, journalist Michael Tomasky narrates this history and reports on the work of today's progressive economists who are using mountains of historical evidence to contradict neoliberal claims. Their research reveals conservative dogma to be unfounded and shows how concentrated wealth has been built on the exploitation of women, minorities and the politically powerless. Middle out economics, by contrast, is the belief that prosperity comes from a thriving middle class, and therefore government plays a role in supporting families and communities. This version of capitalism --more just, more equal, and in which prosperity is shared--could be the American future.
Tomasky, Michael: - Michael Tomasky is a columnist for the Daily Beast, a contributing opinion writer for the New York Times, a regular contributor to the New York Review of Books, and the editor of Democracy: A Journal of Ideas. He lives in Maryland.
| SKU | Unavailable |
| ISBN 13 | 9780385547161 |
| ISBN 10 | 0385547161 |
| Title | The Middle Out |
| Author | Michael Tomasky |
| Condition | Unavailable |
| Binding Type | Hardback |
| Publisher | Random House USA Inc |
| Year published | 2022-09-06 |
| Number of pages | 304 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |