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How the War on Government Led Us to Forget What Made America Prosper
Simon & Schuster
April 2016
On Sale: March 29, 2016
464 pages
ISBN: 1451667825
EAN: 9781451667820
Kindle: B010MHAITI
Hardcover / e-Book
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Non-Fiction
From the groundbreaking author team behind the bestselling Winner-Take-All Politics, a timely and topical work that examines whatβs good for American business and whatβs good for Americansβand why those interests are misaligned. In Winner-Take-All Politics, Jacob S. Hacker and Paul Pierson explained how political elites have enabled and propelled plutocracy. Now in American Amnesia, they trace the economic and political history of the United States over the last century and show how a viable mixed economy has long been the dominant engine of Americaβs prosperity. Like every other prospering democracy, the United States developed a mixed economy that channeled the spirit of capitalism into strong growth and healthy social development. In this bargain, government and business were as much partners as rivals. Public investments in education, science, transportation, and technology laid the foundation for broadly based prosperity. Programs of economic security and progressive taxation provided a floor of protection and business focused on the pursuit of profitβand government addressed needs business could not. The mixed economy was the most important social innovation of the twentieth century. It spread a previously unimaginable level of broad prosperity. It enabled steep increases in education, health, longevity, and economic security. And yet, extraordinarily, it is anathema to many current economic and political elites. And as the advocates of anti-government free market fundamentalist have gained power, they are hell-bent on scrapping the instrument of nearly a century of unprecedented economic and social progress. In American Amnesia, Hacker and Pierson explain howβand why they must be stopped.
 Media BuzzPBS News Hour - December 1, 2016
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