Title
The Great Deformation: The Corruption Of Capitalism In America
Delivery time: 8-12 business days (International)
A New York Times Bestsellerthe Great Deformation Is A Searing Look At Washington'S Craven Response To The Recent Myriad Of Financial Crises And Fiscal Cliffs. It Counters Conventional Wisdom With An Eightyyear Revisionist History Of How The American Stateespecially The Federal Reservehas Fallen Prey To The Politics Of Crony Capitalism And The Ideologies Of Fiscal Stimulus, Monetary Central Planning, And Financial Bailouts. These Forces Have Left The Public Sector Teetering On The Edge Of Political Dysfunction And Fiscal Collapse And Have Caused America'S Private Enterprise Foundation To Morph Into A Speculative Casino That Swindles The Masses And Enriches The Few.Defying Right And Leftwing Boxes, David Stockman Provides A Catalogue Of Corrupters And Defenders Of Sound Money, Fiscal Rectitude, And Free Markets. The Former Includes Franklin Roosevelt, Who Fathered Crony Capitalism; Richard Nixon, Who Destroyed National Financial Discipline And The Bretton Woods Goldbacked Dollar; Fed Chairmen Greenspan And Bernanke, Who Fostered Our Present Scourge Of Bubble Finance And Addiction To Debt And Speculation; George W. Bush, Who Repudiated Fiscal Rectitude And Ballooned The Warfare State Via Senseless Wars; And Barack Obama, Who Revived Failed Keynesian Borrow And Spend Policies That Have Driven The National Debt To Perilous Heights. By Contrast, The Book Also Traces A Parade Of Statesmen Who Championed Balanced Budgets And Financial Market Discipline Including Carter Glass, Harry Truman, Dwight Eisenhower, Bill Simon, Paul Volcker, Bill Clinton, And Sheila Bair.Stockman'S Analysis Skewers Keynesian Spenders And Gop Taxcutters Alike, Showing How They Converged To Bloat The Welfare State, Perpetuate The Militaryindustrial Complex, And Deplete The Revenue Baseeven As The Fed'S Massive Money Printing Allowed Politicians To Enjoy Deficits Without Tears. But These Policies Have Also Fueled New Financial Bubbles And Favored Wall Street With Cheap Money And Rigged Stock And Bond Markets, While Crushing Main Street Savers And Punishing Family Budgets With Soaring Food And Energy Costs. The Great Deformation Explains How We Got Here And Why These Warped, Crony Capitalist Policies Are An Epochal Threat To Free Market Prosperity And American Political Democracy.
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Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Frequently Asked Questions
- Q: What is the main theme of 'The Great Deformation'? A: 'The Great Deformation' explores the corruption of capitalism in America, focusing on how government policies and financial practices have led to economic crises and the erosion of free markets.
- Q: Who is the author of 'The Great Deformation'? A: The author of 'The Great Deformation' is David A. Stockman, a former budget director under President Ronald Reagan.
- Q: What type of binding does this book have? A: 'The Great Deformation' is available in hardcover binding, ensuring durability and a premium feel.
- Q: How many pages does 'The Great Deformation' have? A: 'The Great Deformation' contains 768 pages, providing an in-depth analysis of economic conditions and policy impacts.
- Q: When was 'The Great Deformation' published? A: 'The Great Deformation' was published on April 2, 2013.
- Q: Is 'The Great Deformation' suitable for readers unfamiliar with economic concepts? A: While 'The Great Deformation' discusses complex economic ideas, it aims to be accessible to a general audience, making it suitable for readers with varying levels of economic knowledge.
- Q: What are some critical issues addressed in the book? A: 'The Great Deformation' critiques crony capitalism, fiscal stimulus, monetary central planning, and the influence of financial bailouts on both public and private sectors.
- Q: Does the book provide historical context for its arguments? A: Yes, the book offers an eighty-year revisionist history that illustrates how government actions have shaped the current economic landscape.
- Q: Who are some notable figures discussed in 'The Great Deformation'? A: The book discusses various figures, including Franklin Roosevelt, Richard Nixon, and Barack Obama, and their roles in shaping American economic policies.
- Q: What is the central argument of David Stockman in this book? A: David Stockman argues that the convergence of Keynesian and GOP tax-cutting policies has led to the bloat of the welfare state and financial instability, threatening free market prosperity.