It could happen here : America on the brink /
The severe economic downturn has been blamed on many things: deregulation, derivatives, greedy borrowers, negligent lenders. But could there be a deeper problem that is so severe, so long-lasting, and so dangerous that it makes these problems look minor? Could we be facing an existential challenge t...
| Main Author: | |
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| Format: | Book |
| Language: | English |
| Published: |
[New York] :
Harper,
[2009]
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| Edition: | 1st ed. |
| Subjects: |
| Summary: | The severe economic downturn has been blamed on many things: deregulation, derivatives, greedy borrowers, negligent lenders. But could there be a deeper problem that is so severe, so long-lasting, and so dangerous that it makes these problems look minor? Could we be facing an existential challenge to the promise of America? Inequality has reached historical highs. Throughout human history, this level of disparity has proven intolerable, almost always leading to political upheaval. Though many believe that America will never face a second revolution, that our politics are stable, Yale School of Management senior faculty fellow Bruce Judson makes the case that revolution is a real possibility here, driven by a thirty-year, unprecedented rise of inequality. As Judson shows, revolutions can occur suddenly, as happened with the Soviet Union's 1991 dissolution, and America today exhibits the central precursors to a collapse.--From publisher description. |
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| Physical Description: | xii, 228 pages ; 22 cm. |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 9780061689109 0061689106 |