Buch, Englisch, 461 Seiten, Format (B × H): 152 mm x 229 mm, Gewicht: 748 g
Buch, Englisch, 461 Seiten, Format (B × H): 152 mm x 229 mm, Gewicht: 748 g
ISBN: 978-0-521-02396-2
Verlag: Cambridge University Press
This multidisciplinary book looks at the long-term forces that are shaping the most important economic institutions in the U.S. in the coming decades. The style is lively and clear, with a series of appendices focusing on technical issues of interest to specialists. The author foresees a declining rate of growth, a widening of the inequalities of income, and an increasing share of individual markets taken by a small number of large corporations. Combined with declining social solidarity and trust in government, he foresees an ever harder edge to the way in which capitalism will function in the future. The economic role of government will decline in the fields of stabilization and regulation, but government expenditures will become higher due to the aging of the population. This provocative book looks at the U.S. from a novel viewpoint and shows how many commonly accepted views of the U.S. economy need to be revised.
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Acknowledgements; Part I. Introduction: 1. Setting the stage; Part II. Internal Influences on the Economic System: 2. Saving and economic growth; 3. Economic fluctuations and financial crises; 4. Economic inequality; 5. Globalization; Part III. External Influences on the Economic System: 6. Natural resources and the environment; 7. Social factors; 8. Political factors; Part IV. Changes in Crucial Economic Institutions and Organizations: 9. Evolution of business enterprises; 10. Evolution of market competition; 11. Evolution of government regulation and ownership; 12. Evolution of government spending; Part V. Summary: 13. Whither U.S. capitalism?; Appendices, Bibliography; Indexes.
