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Goliath - The 100-Year War Between Monopoly Power and Democracy (Paperback)
Loot Price: R466
Discovery Miles 4 660
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Goliath - The 100-Year War Between Monopoly Power and Democracy (Paperback)
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Loot Price R466
Discovery Miles 4 660
Expected to ship within 18 - 22 working days
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"Every thinking American must read" (The Washington Book Review)
this startling and "insightful" (The New York Times) look at how
concentrated financial power and consumerism has transformed
American politics, and business. Going back to our country's
founding, Americans once had a coherent and clear understanding of
political tyranny, one crafted by Thomas Jefferson and updated for
the industrial age by Louis Brandeis. A concentration of
power--whether by government or banks--was understood as autocratic
and dangerous to individual liberty and democracy. In the 1930s,
people observed that the Great Depression was caused by financial
concentration in the hands of a few whose misuse of their power
induced a financial collapse. They drew on this tradition to craft
the New Deal. In Goliath, Matt Stoller explains how
authoritarianism and populism have returned to American politics
for the first time in eighty years, as the outcome of the 2016
election shook our faith in democratic institutions. It has brought
to the fore dangerous forces that many modern Americans never even
knew existed. Today's bitter recriminations and panic represent
more than just fear of the future, they reflect a basic confusion
about what is happening and the historical backstory that brought
us to this moment. The true effects of populism, a shrinking middle
class, and concentrated financial wealth are only just beginning to
manifest themselves under the current administrations. The lessons
of Stoller's study will only grow more relevant as time passes. "An
engaging call to arms," (Kirkus Reviews) Stoller illustrates here
in rich detail how we arrived at this tenuous moment, and the steps
we must take to create a new democracy.
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