A Corporate Welfare Economy

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Routledge, 12 Feb 2016 - 218 halaman

Although political rhetoric and public perception continue to assume that the United States is the very definition of a free market economy, a different system entirely has in actuality come to prominence over the past half century.

This Corporate Welfare Economy (CWE) has come about as government come increasingly under the influence of corporate interests and lobbyists, with supposedly equalising factors such as regulation skewed in order to suit the interests of the privileged while an overwhelming majority of US citizens have experienced a decline in their standard of living.

James Angresano examines the characteristics of this mode of capitalism, both from the theoretical point of view but also with key reference to the different sectors of the economy – trade, manufacturing, industry and defense among them.

 

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Introduction
1
1 The Corporate Welfare Economy
5
2 Declining Economic and Social Indicators
24
3 The Highly Concentrated Nexus of Power
40
4 Limiting and Shaping Discourse
66
5 Trading Favors within the Nexus
98
6 Recognize the CWE Exists Reject the CWE Reestablish a CommunityFriendly Economy
152
The Beam in the Authors Eyes Community Values Trump Free Market Values
175
Who Is Likelier to Accurately Predict Economic Policy Outcomes An Expert Econometrician or a Chimpanzee? ...
178
Bibliography
184
Index
213
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Tentang pengarang (2016)

James Angresano is a retired Professor of Economics. He has taught and done research at colleges and universities in the United States and throughout Europe, China, and Egypt.

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