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Author: Edward O'Donnell
Publisher: Columbia University Press
ISBN: 0231539266
Category : History
Languages : en
Pages : 377
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Book Description
America's remarkable explosion of industrial output and national wealth at the end of the nineteenth century was matched by a troubling rise in poverty and worker unrest. As politicians and intellectuals fought over the causes of this crisis, Henry George (1839–1897) published a radical critique of laissez-faire capitalism and its threat to the nation's republican traditions. Progress and Poverty (1879), which became a surprise best-seller, offered a provocative solution for preserving these traditions while preventing the amassing of wealth in the hands of the few: a single tax on land values. George's writings and years of social activism almost won him the mayor's seat in New York City in 1886. Though he lost the election, his ideas proved instrumental to shaping a popular progressivism that remains essential to tackling inequality today. Edward T. O'Donnell's exploration of George's life and times merges labor, ethnic, intellectual, and political history to illuminate the early militant labor movement in New York during the Gilded Age. He locates in George's rise to prominence the beginning of a larger effort by American workers to regain control of the workplace and obtain economic security and opportunity. The Gilded Age was the first but by no means the last era in which Americans confronted the mixed outcomes of modern capitalism. George's accessible, forward-thinking ideas on democracy, equality, and freedom have tremendous value for contemporary debates over the future of unions, corporate power, Wall Street recklessness, government regulation, and political polarization.
Author: Edward O'Donnell
Publisher: Columbia University Press
ISBN: 0231539266
Category : History
Languages : en
Pages : 377
Get Book
Book Description
America's remarkable explosion of industrial output and national wealth at the end of the nineteenth century was matched by a troubling rise in poverty and worker unrest. As politicians and intellectuals fought over the causes of this crisis, Henry George (1839–1897) published a radical critique of laissez-faire capitalism and its threat to the nation's republican traditions. Progress and Poverty (1879), which became a surprise best-seller, offered a provocative solution for preserving these traditions while preventing the amassing of wealth in the hands of the few: a single tax on land values. George's writings and years of social activism almost won him the mayor's seat in New York City in 1886. Though he lost the election, his ideas proved instrumental to shaping a popular progressivism that remains essential to tackling inequality today. Edward T. O'Donnell's exploration of George's life and times merges labor, ethnic, intellectual, and political history to illuminate the early militant labor movement in New York during the Gilded Age. He locates in George's rise to prominence the beginning of a larger effort by American workers to regain control of the workplace and obtain economic security and opportunity. The Gilded Age was the first but by no means the last era in which Americans confronted the mixed outcomes of modern capitalism. George's accessible, forward-thinking ideas on democracy, equality, and freedom have tremendous value for contemporary debates over the future of unions, corporate power, Wall Street recklessness, government regulation, and political polarization.
Author: Edward T. O'Donnell
Publisher:
ISBN: 9780231120005
Category : Equality
Languages : en
Pages : 0
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Book Description
Edward T. O'Donnell's exploration of Henry George's life and times merges labor, ethnic, intellectual, and political history to illuminate the early labor movement in New York during the Gilded Age. George's accessible, forward-thinking ideas on democracy, equality, and freedom have tremendous value for contemporary debates.
Author: Henry George
Publisher: Courier Dover Publications
ISBN: 048684207X
Category : Business & Economics
Languages : en
Pages : 83
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Book Description
In this concise text, the distinguished American philosopher John Dewey compiled excerpts from the massive Progress and Poverty to provide those unfamiliar with Henry George's work with the essence of the author's thinking on economics. In his Foreword, Dewey noted, "It would require less than the fingers of the two hands to enumerate those who from Plato down rank with [George]. No man, no graduate of a higher educational institution, has a right to regard himself as an educated man in social thought unless he has some first-hand acquaintance with the theoretical contribution of this great American thinker." Fifteen brief chapters feature passages from George's highly influential book and examine why poverty persists throughout periods of economic and technological progress as well as the basis for economic cycles of boom and bust.
Author: Henry George
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 424
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Book Description
Author: Anwar Shaikh
Publisher: Oxford University Press
ISBN: 0199390657
Category : Business & Economics
Languages : en
Pages : 896
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Book Description
Orthodox economics operates within a hypothesized world of perfect competition in which perfect consumers and firms act to bring about supposedly optimal outcomes. The discrepancies between this model and the reality it claims to address are then attributed to particular imperfections in reality itself. Most heterodox economists seize on this fact and insist that the world is characterized by imperfect competition. But this only ties them to the notion of perfect competition, which remains as their point of departure and base of comparison. There is no imperfection without perfection. In Capitalism, Anwar Shaikh takes a different approach. He demonstrates that most of the central propositions of economic analysis can be derived without any reference to standard devices such as hyperrationality, optimization, perfect competition, perfect information, representative agents, or so-called rational expectations. This perspective allows him to look afresh at virtually all the elements of economic analysis: the laws of demand and supply, the determination of wage and profit rates, technological change, relative prices, interest rates, bond and equity prices, exchange rates, terms and balance of trade, growth, unemployment, inflation, and long booms culminating in recurrent general crises. In every case, Shaikh's innovative theory is applied to modern empirical patterns and contrasted with neoclassical, Keynesian, and Post-Keynesian approaches to the same issues. Shaikh's object of analysis is the economics of capitalism, and he explores the subject in this expansive light. This is how the classical economists, as well as Keynes and Kalecki, approached the issue. Anyone interested in capitalism and economics in general can gain a wealth of knowledge from this ground-breaking text.
Author: Francis K. Peddle
Publisher: Rowman & Littlefield
ISBN: 1611479428
Category : Political Science
Languages : en
Pages : 506
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Book Description
Volume II of this series presents the unabridged text of Progress and Poverty, arguably the most influential work of Henry George. The original text is supplemented by notes that explain the changes George made during his lifetime and the many references he made to history, literature, economics, and public policy.
Author: Craig Steven Wilder
Publisher: Columbia University Press
ISBN: 9780231506632
Category : History
Languages : en
Pages : 356
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Book Description
Spanning three centuries of Brooklyn history from the colonial period to the present, A Covenant with Color exposes the intricate relations of dominance and subordination that have long characterized the relative social positions of white and black Brooklynites. Craig Steven Wilder -- examining both quantitative and qualitative evidence and utilizing cutting-edge literature on race theory -- demonstrates how ideas of race were born, how they evolved, and how they were carried forth into contemporary society. In charting the social history of one of the nation's oldest urban locales, Wilder contends that power relations -- in all their complexity -- are the starting point for understanding Brooklyn's turbulent racial dynamics. He spells out the workings of power -- its manipulation of resources, whether in the form of unfree labor, privileges of citizenship, better jobs, housing, government aid, or access to skilled trades. Wilder deploys an extraordinary spectrum of evidence to illustrate the mechanics of power that have kept African American Brooklynites in subordinate positions: from letters and diaries to family papers of Kings County's slaveholders, from tax records to the public archives of the Home Owners Loan Corporation. Wilder illustrates his points through a variety of cases, including banking interests, the rise of Kings County's colonial elite, industrialization and slavery, race-based distribution of federal money in jobs, and mortgage loans during and after the Depression. He delves into the evolution of the Brooklyn ghetto, tracing how housing segregation corralled African Americans in Bedford-Stuyvesant. The book explores colonial enslavement, the rise of Jim Crow, labor discrimination and union exclusion, and educational inequality. Throughout, Wilder uses Brooklyn as a lens through which to view larger issues of race and power on a national level. One of the few recent attempts to provide a comprehensive history of race relations in an American city, A Covenant with Color is a major contribution to urban history and the history of race and class in America.
Author: Karen Petrou
Publisher: John Wiley & Sons
ISBN: 1119726743
Category : Business & Economics
Languages : en
Pages : 291
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Book Description
The first book to reveal how the Federal Reserve holds the key to making us more economically equal, written by an author with unparalleled expertise in the real world of financial policy Following the 2008 financial crisis, the Federal Reserve’s monetary policy placed much greater focus on stabilizing the market than on helping struggling Americans. As a result, the richest Americans got a lot richer while the middle class shrank and economic and wealth inequality skyrocketed. In Engine of Inequality, Karen Petrou offers pragmatic solutions for creating more inclusive monetary policy and equality-enhancing financial regulation as quickly and painlessly as possible. Karen Petrou is a leading financial-policy analyst and consultant with unrivaled knowledge of what drives the decisions of federal officials and how big banks respond to financial policy in the real world. Instead of proposing legislation that would never pass Congress, the author provides an insider's look at politically plausible, high-impact financial policy fixes that will radically shift the equality balance. Offering an innovative, powerful, and highly practical solution for immediately turning around the enormous nationwide problem of economic inequality, this groundbreaking book: Presents practical ways America can and should tackle economic inequality with fast-acting results Provides revealing examples of exactly how bad economic inequality in America has become no matter how hard we all work Demonstrates that increasing inequality is disastrous for long-term economic growth, political action, and even personal happiness Explains why your bank's interest rates are still only a fraction of what they were even though the rich are getting richer than ever, faster than ever Reveals the dangers of FinTech and BigTech companies taking over banking Shows how Facebook wants to control even the dollars in your wallet Discusses who shares the blame for our economic inequality, including the Fed, regulators, Congress, and even economists Engine of Inequality: The Fed and the Future of Wealth in America should be required reading for leaders, policymakers, regulators, media professionals, and all Americans wanting to ensure that the nation’s financial policy will be a force for promoting economic equality.
Author: Chong-Bum An
Publisher: BRILL
ISBN: 1684175291
Category : History
Languages : en
Pages : 202
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Book Description
"In the early 1990s, South Korea was showcased as a country that had combined extraordinary economic growth with a narrowing of income distribution, achieving remarkably low rates of unemployment and poverty. In the years following the financial crisis of 1997–1998, however, these rates ballooned to pre-crisis levels, giving rise to the perception that the gap between the rich and the poor in Korea had once again widened. Income Inequality in Korea explores the relationship between economic growth and social developments in Korea over the last three decades. Analyzing the forces behind the equalizing trends in the 1980s and early 1990s, and the deterioration evident in the post-crisis years, Chong-Bum An and Barry Bosworth investigate the macroeconomic conditions, gains in educational attainment, demographic changes and conditions in labor markets, and social welfare policies that have contributed to the evolution of income inequality over time. The authors also raise fundamental questions about whether the pre-crisis pattern of combining strong economic growth with improving equality can be restored, as well as how government policies might be designed to promote that objective. The book concludes with a discussion of some proposals for improving the efficacy of redistributive policies in Korea."
Author: Franklin Obeng-Odoom
Publisher: Cambridge University Press
ISBN: 1108491995
Category : Business & Economics
Languages : en
Pages : 379
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Book Description
Explores and challenges existing conventions of inequality in Africa while offering new insights to explain persistent poverty across the continent.
