The Predator State

How Conservatives Abandoned the Free Market and Why Liberals Should Too

By: James K. Galbraith

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Paperback | 12 May 2009 | Edition Number 1

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240 Pages

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21.2 x 14.1 x 1.5

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Now available in paperback, this timely book challenges the cult of the free market that has dominated all political and economic discussion since the Reagan revolution.

Even many liberals have felt the need to genuflect before the altar of free markets, but in The Predator State, progressive economist James K. Galbraith suggests that, under the Bush administration, conservatives have clearly abandoned the Reagan dogma and replaced it with crony capitalism. Tax cuts for the wealthy, deregulation, and such schemes as privatizing Social Security would divert the national treasury into private hands and give rise to "The Predator State." The real economy, Galbraith argues, has never been entirely free of government support. Indeed, he says, much of our prosperity over the decades has been the result of a mix of private enterprise and public institutions, dating back to the New Deal. While conservatives have paid lip service to free markets as the solution to everything from health care to global warming, it is clear from the current banking and Wall Street upheavals that a lack of federal regulation has led to disaster.

With witty insight, Galbraith makes it clear that we live in the age of predation. He sounds the warning bell, but also points the way to a more prosperous and progressive future.

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"Shows how to break the spell that conservatives have cast over the minds of liberals (and everyone else) for many years." -- Joseph E. Stiglitz, Nobel Laureate in Economic Sciences (2001)

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Non-Fiction Economics Political Economy Politics & Government Political Ideologies & Movements Economic History Society & Culture Social Issues & Processes Economic Systems & Structures

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Introduction to the Paperback Edition	p. xi
Preface	p. xvii
Another God That Failed
Whatever Happened to the Conservatives?	p. 3
The Freedom to Shop	p. 15
Tax Cuts and the Marvelous Market of the Mind	p. 25
Uncle Milton's War	p. 38
The Impossible Dream of Budget Balance	p. 49
There Is No Such Thing as Free Trade	p. 65
The Simple Economics of Predators and Prey
What the Rise of Inequality Is Really About	p. 89
The Enduring New Deal	p. 103
The Corporate Crisis	p. 115
The Rise of the Predator State	p. 126
Dealing with Predators
The Inadequacy of Making Markets Work	p. 151
The Need for Planning	p. 164
The Case for Standards	p. 176
Paying for It	p. 196
Acknowledgments	p. 208
Index	p. 210
Table of Contents provided by Ingram. All Rights Reserved.

The Predator State

How Conservatives Abandoned the Free Market and Why Liberals Should Too

At a Glance

Paperback

Industry Reviews

Shipping

How to return your order

Defective items

You Can Find This Book In

Other Editions and Formats

ePUB

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