Third Wave Capitalism: How Money, Power, and the Pursuit of Self-Interest Have Imperiled the American Dream
| Author | : | |
| Rating | : | 4.39 (856 Votes) |
| Asin | : | 1501702319 |
| Format Type | : | paperback |
| Number of Pages | : | 256 Pages |
| Publish Date | : | 2014-01-20 |
| Language | : | English |
DESCRIPTION:
Greed and economic inequality reinforce the sense that each of us is “on our own.” The result is widespread lack of faith in collective responses to our common problems. Just as the industrial capitalism of the nineteenth century gave way to corporate capitalism in the twentieth, recent decades have witnessed corporate capitalism evolving into a new phase, which Ehrenreich calls "Third Wave Capitalism."Third Wave Capitalism is marked by apparent contradictions: Rapid growth in productivity and lagging wages; fabulous wealth for the 1 percent and the persistence of high levels of poverty; increases in the standard of living and increases in mental illness, personal misery, and political rage; the apotheosis of the individual and the deterioration of democracy; increases in life expectancy and out-of-control medical costs; an African American president and the incarceration of a large percentage of the black population.Ehrenreich asserts that these phe
By allowing us to understand better, he also allows us to hope."E. John Ehrenreich looks beneath and also beyond the conventional explanations of the forces undercutting democracy. "What ails America? In John Ehrenreich's wide-ranging analysis, growing inequality and political discontent are part of a larger shift toward a new kind of capitalism unconstrained by forces that previously kept it in check, including government, unions, andhere’s a twistthe prosperity of the professional classes. An accumulation of signs of stress signal our arrival, he argues, at Third Wave Capitalismcharacterized by the dominance of large global corporations, a growing blur between the private and public sectors
Enlightening and Sobering Marcie J. Swift A deep and insightful work written by a scholar with a sensitive finger on the pulse of our rapidly changing and ailing country. If you are wondering how on earth we got to the chaotic mess we are in right now you will be enlightened by this very sobering, penetrating analysis.. Clare O'Beara said Third Wave Capitalism. The author tells us that he is confining his book to America without regard for the other global affairs which have impacted on its economy and society; hard to do but many Americans don't know much about the rest of the world anyway. I don't advise this as a course but it tends to simplify th. David Wineberg said Everything that's wrong in one tight package. The proposal is that there are three stages of capitalism. The first wave was industrial, the second was corporate, and the third is corporate strangulation, which John Ehrenreich calls Third Wave Capitalism. As evidence, the book is an endless litany of failure at the hands of special interes
John Ehrenreich is Professor of Psychology, State University of New York, College at Old Westbury. He is the author of Third Wave Capitalism: How Money, Power, and the Pursuit of Self-Interest Have Imperiled the American Dream, The Altruistic Imagination: A History of Social Work and Social Policy in