Download The economic illusion: False choices between prosperity and social justice fb2

by Robert Kuttner

Author:

Robert Kuttner
ISBN:

0395353475
ISBN13:

978-0395353479
Genre:

No category
Publisher:

Houghton Mifflin; First Printing edition (1984)
Pages:

308 pages
Language:

English
FB2 format

1421 kb
ePUB format

1222 kb
DJVU format

1960 kb
Rating:

4.5
Votes:

232
Formats:

lit azw mobi docx

More..

Robert Kuttner is author of The End of Laissez-Faire: National Purpose and the Global Economy After the Cold .

Comparing the economic standing of several countries in the late 1970s and 1980s, Kuttner provided convincing evidence that countries which had national economic policies managing trade, strong labor unions, and progressive tax policies were faring better than the .

Economic Illusion book. Goodreads helps you keep track of books you want to read. Start by marking Economic Illusion: False Choices Between Prosperity and Social Justice as Want to Read: Want to Read saving. Start by marking Economic Illusion: False Choices Between Prosperity and Social Justice as Want to Read: Want to Read savin. ant to Read.

Book Overview By carefully examining issues where economic growth and social justice . of purchasing power in the .

of purchasing power in the .

In "The Economic Illusion" Robert Kuttner sets out to refute the conventional view that a more egalitarian distribution . By carefully examining issues where economic growth and social justice appear to be in conflict issues.

By carefully examining issues where economic growth and social justice appear to be in conflict issues. such as social security, protectionism, income taxation, and welfare he convincingly argues that equality and economic prosperity are not mutually exclusive pursuits.

The Economic Illusion: False Choices Between Prosperity and Social Justice . Book by Robert Kuttner, 1984.

The Economic Illusion: False Choices Between Prosperity and Social Justice, . 69, University of Pennsylvania Press. The economic illusion: false choices between prosperity and social justice, Houghton Mifflin Harcourt (HMH). Obama's Challenge (Large Print): America's Economic Crisis and the Power of a Transformative Presidency. Barack Obama approaches the Presidency at a critical m. т 3082. LibRing - система поиска книг в интернет-магазинах.

Kuttner, Robert, The Economic Illusion: False Choices between Prosperity and Social Justice, Houghton Mifflin (Boston, MA), 1984. Kuttner, Robert, The Life of the Party: Democratic Prospects in 1988 and Beyond, Viking (New York, NY), 1987.

But that, writes Robert Kuttner, is not the way things turned out. Instead, America's best chance for radical financial reform turned into Wall Street's greatest victory. Obama filled his administration with allies of financial elites who were more interested in business as usual than in transformative change. As a consequence, Main Street remained mired in deep recession. Instead of being the instrument of economic renewal, Obama became the target of economic frustration.

The Swedish example is particularly important to Kuttner because he believes full employment to be the linchpin of an economy that is both productive and just.

In The Economic Illusion Robert Kuttner sets out to refute the conventional view that a more egalitarian distribution of income and services is only achievable at the expense of a prosperous and growing capitalism. By carefully examining issues where economic growth and social justice appear to be in conflict—issues such as social security, protectionism, income taxation, and welfare—he convincingly argues that equality and economic prosperity are not mutually exclusive pursuits.

As a means to reconcile equality with efficiency—i.e., prosperity—Kuttner argues for economic polices that would deemphasize private markets, for an increase in trade protection, and for an adapted version of the technical approaches of such countries as Sweden, Germany, Austria, and Japan.

Kuttner concludes his arguments with the suggestion that injustice is not necessarily an economic issue and that practical social alternatives are possible.

September

Kuttner presented a well-developed argment for embracing Keynesian full employment policies which, according to Kuttner, would not require a trade-off between equality and efficiency.
Kuttner develops his argument with the most thorough and understandable discussion of the difference in ideologies betwen supply and demand economic theories I've ever read.
Utilizing the foundational principles of supply and demand theories Kuttner goes on to analyze the historic development, practices and effects of differing economic policies in the U.S. Kuttner's analysis describes the descent of Keynesian policies and the ascent of supply-side policies, pinpointing 1978 as the year business interests "...mounted an extensive campaign to convine public opinion that low taxes on the wealthy are the key to broad prosperity." (53) As a result of the effectiveness of this campaign Kuttner contended Ronald Reagan's election and a return to supply-side economic policies were essentially foregone conclusions.
Providing an analysis of supply-side fallacies of capital, savings, debt, housing, taxes and welfare which promote efficiency over equality, Kuttner further contended conservative reliance upon low-wage competition strategies resulted in an aggregate loss of purchasing power in the U.S., further exacerbating the chasm between the rich and poor.
Comparing the economic standing of several countries in the late 1970s and 1980s, Kuttner provided convincing evidence that countries which had national economic policies managing trade, strong labor unions, and progressive tax policies were faring better than the U.S. in the changing economic order.

Aedem

You must be kidding. What is the methodology used to support the author's hypotheses ?
Cherry pick examples that support them and ignore examples that do not ? Apparently so.
Everything is based on 'social justice' which is never defined but must mean income equality.
Yet F.Hayek dismissed social justice as a bogus concept in law. liberty and legislation volume 2. Needless to say, Hayek is not in the index, using the author's cherry picking methodology.
Another irritating feature of this tract is the author's mode of critique.
For example, in M. Friedman's analysis of unions' wage increases (basic demand-supply analysis) Kuttner says, well it depends on what kind of union. No, it doesn't. It depends only on demand-supply analysis.This is just one of numerous examples of the authors' shoddy reasoning. Another is in pointing out that conclusions depend on assumptions.It doesn't follow that if some assumptions do not hold that therefore neither do the conclusions. That's because the assumptions are usually only sufficient (not necessary) conditions. I suggest the author learn some basic logic and then read Friedman on positive economics.

eBooks simillar to The economic illusion: False choices between prosperity and social justice: