|
Books > Social sciences > Politics & government > Central government > Central government policies
|
Buy Now
The Captured Economy - How the Powerful Become Richer, Slow Down Growth, and Increase Inequality (Hardcover)
Loot Price: R636
Discovery Miles 6 360
You Save: R81
(11%)
|
|
|
The Captured Economy - How the Powerful Become Richer, Slow Down Growth, and Increase Inequality (Hardcover)
Expected to ship within 10 - 15 working days
|
The relentless increase of inequality in twenty-first century
America has confounded analysts from both ends of the political
spectrum. While many can point to particular contributing causes,
so far none of the policies that have been enacted-not just in the
United States but in other advanced countries-have been able to
lessen the wealth and income gaps between the top decile and the
rest. Critics on the left are more forceful critics of rising
inequality, and they tend to blame capitalism and the private
sector. Predictably, they see solutions in government action. Many
on the right worry about the issue, too, but they come from a
position that is more sanguine about corporations and more
suspicious of government. But as the libertarian Brink Lindsey and
the liberal Steve Teles argue in The Captured Economy, perhaps all
of us-left, right, and center-are looking in the wrong places for
culprits and solutions. They hone in on the government-corporate
sector nexus, apportioning blame not only to both forces but also
to the distorted form of governance that this partnership has
created. Through armies of lobbyists, corporations and the wealthy
have become remarkably adept at shaping policy-even ostensibly
progressive policies-so that the field is tilted in their favor.
Corporations have become classic 'rentiers,' using their monopoly
power of influence over highly complicated legislative and
regulatory processes to shift resources in their direction. FCC
policy, health care regulation, banking regulation, labor policy,
defense spending, and much more: in all of these arenas,
well-resourced corporate rentiers have combined to ensure that the
government favors them over everyone else. The perverse result is a
state that shifts more and more wealth to the already-rich-even if
that was never the initial intent of Congress, the President, or
the electorate itself. Transforming this misshapen alliance will be
difficult, and Lindsey and Teles are realistic about the chances
for reform. To that end, they close with a set of reasonable policy
proposals that can help to reduce corporate rentiers' scope and
power to extract excessive rents via government policy. A powerful,
original, and genuinely counterintuitive interpretation of the
forces driving the increase in inequality, The Captured Economy
will be necessary reading for anyone concerned about the rising
social and economic divisions in contemporary America.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
|
You might also like..
|
Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
(1)
(1)
