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The Servant Economy: Where America’s Elite Is Sending the Middle Class

Social science


by
Jeff Faux

Book Details

Format: EPUB

Page count: 336 pages

File size: 328 KB

Protection: DRM

Language: English

Renowned economist Jeff Faux explains why neither party’s leaders have a plan to remedy America’s unemployment, inequality, or long economic slide

America’s political and economic elite spent so long making such terrible decisions that they caused the collapse of 2008. So how can they continue down the same road? The simple answer, that no in charge one wants to publicly acknowledge: because things are still pretty great for the people who run America. It was an accident of history, Jeff Faux explains, that after World War II the U.S. could afford a prosperous middle class, a dominant military, and a booming economic elite at the same time. For the past three decades, all three have been competing, with the middle class always losing. Soon the military will decline as well.

Renowned economist Jeff Faux explains why neither party’s leaders have a plan to remedy America’s unemployment, inequality, or long economic slide

America’s political and economic elite spent so long making such terrible decisions that they caused the collapse of 2008. So how can they continue down the same road? The simple answer, that no in charge one wants to publicly acknowledge: because things are still pretty great for the people who run America. It was an accident… (more)

Renowned economist Jeff Faux explains why neither party’s leaders have a plan to remedy America’s unemployment, inequality, or long economic slide

America’s political and economic elite spent so long making such terrible decisions that they caused the collapse of 2008. So how can they continue down the same road? The simple answer, that no in charge one wants to publicly acknowledge: because things are still pretty great for the people who run America. It was an accident of history, Jeff Faux explains, that after World War II the U.S. could afford a prosperous middle class, a dominant military, and a booming economic elite at the same time. For the past three decades, all three have been competing, with the middle class always losing. Soon the military will decline as well.

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