Aftershock: The Next Economy and America's Future (Large Print / Hardcover, Large Print)

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In this timely polemic, Reich delivers an insightful new reading of the current economic crisis and a thoughtful, if likely to be controversial, plan for dealing with its aftermath. When the nation’s economy foundered in 2008, most people blamed Wall Street. Reich suggests a different reason for the meltdown. He argues that the real problem is structural: it lies in the increasing concentration of income and wealth at the top, and in a middle class that has had to go deeply into debt to maintain a decent standard of living. A quick history lesson, a primer on the virtues of Keynesian economics and the failure of 30 years of trickle-down theory, Aftershock makes for a bracing read. You may not like Reich's recommendation of increasing taxes for the rich, in fact you may bridle at the very notion of government stimulus and wealth redistribution but Reich raises real concerns that we are either going to deal with or face the consequences in the days to come.

— Matt, Los Angeles

Product Details
ISBN: 9781410434128
Large Print: Yes
Publisher: Thorndike Press
Publication Date: January 1st, 2011
Pages: 265