|
Books > Business & Economics > Economics > Economic theory & philosophy
|
Buy Now
The Boom and the Bubble - The US in the World Economy (Paperback)
Loot Price: R614
Discovery Miles 6 140
|
|
|
The Boom and the Bubble - The US in the World Economy (Paperback)
Expected to ship within 10 - 15 working days
|
A sustained period of significant growth in the US, however, seemed
to save the day against all the odds. So impressive was the surface
appearance of this rescue mission that all manner of commentators
proclaimed-once again-that a 'new economy' or 'new paradigm' of
unlimited and harmonious growth had been forged. Today, as
recession looms, the babble about Internet start-ups is exposed as
vapid. Yet the pundits are no nearer an understanding of how or why
the boom turned into a bubble, or why the bubble has burst. In this
crisp and forensic book, Robert Brenner demonstrates that the boom
was always a fragile phenomenon-buoyed up by absurd levels of debt
and stock-market overvaluation-which never broke free from the
fundamental malady of overcapacity and overproduction which
continues to afflict the global economy. Carefully dismantling the
myths and hype that surround the US boom in terms of profitability,
investment, and productivity, Brenner restores the properly
international context to the process. He portrays the 'zero-sum'
character of the American success, which presupposed the relative
weakness of its main German and Japanese competitors: a strategy
that has laid huge obstacles in the path of a 'soft landing' to end
the current phase of growth. A substantial new Postscript provides
and up-to-date analysis of the Bush economic debacle-the crisis of
manufacturing, the telecom bust, the record twin deficits,
plummeting employment, and the real estate bubble.
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..
|
Email address subscribed successfully.
A activation email has been sent to you.
Please click the link in that email to activate your subscription.
Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
(1)
(6)
