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THE POLITICAL ECONOMY OF HOPE AND FEAR By: Marcellus Andrews
Capitalism and the Black Condition in America
North Point Press
September 2001
On Sale: September 1, 2001
224 pages ISBN: 0814706800 EAN: 9780814706800 Trade Size
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Non-Fiction | Non-Fiction Political
"Andrews does a superb job in offering solutions to familiar problems for African Americans. Complete with charts, graphs, facts and figures, the author provides readers with a vivid display of how the scales of equality, wealth and power are tipped against people of color." -Upscale "Andrews' aim is to paint an intellectually defensible and decidedly anti-conservative picture of the complicated tie between race and economic well being." -Booklist "Fiery, passionate, and provocative, but also unflinchingly rigorous in its argument. It is rare for an economist to write with such fire bolstered by such a commitment to logical reasoning." -William A. Darity, Jr. The Political Economy of Hope and Fear analyses the role technology, capitalism and conservative economic and social policy have played in determining the economic status of black Americans at the end of the 20th century. Andrews argues that black people are poorer, sicker, and less well educated than whites because the blue collar road to middle-class life has given way to technology, globalization and free market conservatism.
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