Title
Pivotal Decade: How The United States Traded Factories For Finance In The Seventies
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In This Fascinating New History, Judith Stein Argues That In Order To Understand Our Current Economic Crisis We Need To Look Back To The 1970S And The End Of The Age Of The Factorythe Era Of Postwar Liberalism, Created By The New Deal, Whose Practices, High Wages, And Regulated Capital Produced Both Robust Economic Growth And Greater Income Equality. When High Oil Prices And Economic Competition From Japan And Germany Battered The American Economy, New Policiesboth International And Domesticbecame Necessary. But War Was Waged Against Inflation, Rather Than Against Unemployment, And The Government Promoted A Balanced Budget Instead Of Growth. This, Says Stein, Marked The Beginning Of The Age Of Finance And Subsequent Deregulation, Free Trade, Low Taxation, And Weak Unions That Has Fostered Inequality And Now The Worst Recession In Sixty Years.Drawing On Extensive Archival Research And Covering The Economic, Intellectual, Political, And Labor History Of The Decade, Stein Provides A Wealth Of Information On The 1970S. She Also Shows That To Restore Prosperity Today, America Needs A New Model: More Factories And Fewer Financial Houses.
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- Q: What are the dimensions of this book? A: The book measures eight point nine inches in length, five point seven one inches in width, and zero point nine one inches in height.
- Q: How many pages does this book have? A: This book contains three hundred sixty-seven pages, providing a comprehensive exploration of economic history.
- Q: What type of binding does this book have? A: This book is available in paperback binding, making it lightweight and easy to handle.
- Q: Who is the author of this book? A: The author of this book is Judith Stein, who offers a detailed analysis of the economic shifts in the 1970s.
- Q: What category does this book fall into? A: This book is categorized under Economic Conditions, focusing on historical economic analysis.
- Q: How do I read this book? A: You can read this book like any standard paperback; simply open it and start on the first page.
- Q: Is this book suitable for beginners in economics? A: Yes, this book is suitable for beginners, as it provides historical context and explanations of complex economic concepts.
- Q: What themes are covered in this book? A: The book covers themes such as economic competition, inflation, and the transition from factories to finance in the U.S.
- Q: Is this book appropriate for students? A: Yes, this book is appropriate for students interested in economic history and its implications for current economic conditions.
- Q: How should I store this book to keep it in good condition? A: Store this book in a cool, dry place, away from direct sunlight, to prevent fading and damage.
- Q: Can I clean this book if it gets dirty? A: Yes, you can clean the cover with a damp cloth, but avoid using any harsh chemicals that may damage the material.
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