The Land of Too Much presents a simple but powerful hypothesis that addresses three questions: Why does the United States have more poverty than any other developed country? Why did it experience an attack on state intervention starting in the 1980s, known today as the neoliberal revolution? And why did it recently suffer the greatest economic meltdown in seventy-five years? Although the United States is often considered a liberal, laissez-faire state, Monica Prasad marshals convincing evidence to the contrary. Indeed, she argues that a strong tradition of government intervention undermined the development of a European-style welfare state. The demand-side theory of comparative political economy she develops here explains how and why this happened. Her argument begins in the late nineteenth century, when America's explosive economic growth overwhelmed world markets, causing price declines everywhere. While European countries adopted protectionist policies in response, in the United States lower prices spurred an agrarian movement that rearranged the political landscape. The federal government instituted progressive taxation and a series of strict financial regulations that ironically resulted in more freely available credit. As European countries developed growth models focused on investment and exports, the United States developed a growth model based on consumption. These large-scale interventions led to economic growth that met citizen needs through private credit rather than through social welfare policies. Among the outcomes have been higher poverty, a backlash against taxation and regulation, and a housing bubble fueled by "mortgage Keynesianism." This book will launch a thousand debates.
Monica Prasad is Associate Professor of Sociology and Faculty Fellow in the Institute for Policy Research at Northwestern University.
上世纪50年代,西欧诸国对美国的崛起感到惊恐,短短半个世纪的时间,美国的GDP翻了一百倍,谁可复制呢?所幸诸国虽热衷于探究美式增长的原因,却并未效仿它。因为巨大的财富不能跟想象中的奢侈和享受划等号,富裕掺杂了挣扎和悲伤。 比较历史学家莫妮卡·普拉萨德创作了《过剩...
评分19世纪末20世纪早期,美国经济的爆炸式增长,让很多欧洲大国都望而生畏,可是,就是在这片过剩之地上,在这种井喷式经济增长的同时,美国社会中的贫困和饥饿却成了一个难以解决的现象,那么这些饿殍遍野到底是什么造成的?真的是美国政府的无为?还是经验和政策的偏差? 这些现...
评分有为政府的理念在中国始终是盛行的,近年来尤为昌盛。政府官员抱持这一理念自不待言。在新自由主义退潮和新发展主义兴起的背景下,这一理念在学界的拥趸也日益增多。将中国经济奇迹归功于“两手抓”,即市场“看不见的手”与政府“看得见的手”的联合作用,成为中国模式论(无...
评分英文原版的第一段: Doctors began to notice the first cases of the strange disease in 1959. Thousands of babies with stunted limbs and other severe birth defects were being born all over Germany, Britain, Sweden, Australia, dozens of countries. Many died fr...
评分上世纪50年代,西欧诸国对美国的崛起感到惊恐,短短半个世纪的时间,美国的GDP翻了一百倍,谁可复制呢?所幸诸国虽热衷于探究美式增长的原因,却并未效仿它。因为巨大的财富不能跟想象中的奢侈和享受划等号,富裕掺杂了挣扎和悲伤。 比较历史学家莫妮卡·普拉萨德创作了《过剩...
论点或许有待商榷(政经知识有限,无法评论),但真是难得的好看。从题目到问题到材料的编织,野心勃勃又能讲好故事,很佩服。
评分与现有研究和学派的丰富对话,有洞见的观点,像韦伯一样的将各种遥远的、破碎的元素编织在一起的能力,只是编织得不够紧密,对大财团和产业领导人的角色几乎没有提及,似乎故事不够完整。
评分与现有研究和学派的丰富对话,有洞见的观点,像韦伯一样的将各种遥远的、破碎的元素编织在一起的能力,只是编织得不够紧密,对大财团和产业领导人的角色几乎没有提及,似乎故事不够完整。
评分太棒了!!论述非常严谨,逻辑无比缜密,但是又不会偏离对问题的真诚探讨。你所能想到的疑惑,作者都能及时给出了解释。这样的学术著作让人受益匪浅。近几年看过的最好的非虚构!需要少许经济学基础。
评分与现有研究和学派的丰富对话,有洞见的观点,像韦伯一样的将各种遥远的、破碎的元素编织在一起的能力,只是编织得不够紧密,对大财团和产业领导人的角色几乎没有提及,似乎故事不够完整。
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