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Epic Recession: Prelude to Global Depression.

Rasmus, Jack

ISBN 10: 0745329985 / ISBN 13: 9780745329987
Gebraucht / Soft cover / Anzahl: 1
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Titel: Epic Recession: Prelude to Global Depression...

Einband: Soft cover

Beschreibung:

London :. Pluto Press, 2010. Paperback. 340 pp.Book DescriptionThe US is still in deep trouble. Banks are sustained by trillions of government dollars, unemployment is approaching 25 million and the long-term future of the economy is in doubt. In Epic Recession, Jack Rasmus shows that we need a new way of understanding the crisis if things are to improve. Rasmus interrogates US economic history to show that the current predicament is what he terms an 'Epic Recession', neither a full-blown depression or a short-lived period of contraction followed by a swift return to growth. He then shows that the only way to prevent the onset of depression is to radically restructure the economy through a massive job creation program, nationalisations, a fundamentally new kind of banking structure and a long-term redistribution of income through better healthcare and benefit systems. Epic Recession provides a rallying point for trade unionists and concerned citizens who want to ensure that any recovery is felt further than Wall street.English text. Condition : very good. Condition : very good. ISBN 9780745329987[KEYWORDS: ECONOMICS, *. Buchnummer des Verkäufers 41773

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Inhaltsangabe: The US is still in deep trouble. Banks are sustained by trillions of government dollars, unemployment is approaching 25 million and the long-term future of the economy is in doubt. In Epic Recession, Jack Rasmus shows that we need a new way of understanding the crisis if things are to improve. Rasmus interrogates US economic history to show that the current predicament is what he terms an 'Epic Recession', neither a full-blown depression or a short-lived period of contraction followed by a swift return to growth. He then shows that the only way to prevent the onset of depression is to radically restructure the economy through a massive job creation program, nationalisations, a fundamentally new kind of banking structure and a long-term redistribution of income through better healthcare and benefit systems. Epic Recession provides a rallying point for trade unionists and concerned citizens who want to ensure that any recovery is felt further than Wall street.

Über den Autor: Jack Rasmus is a Professor of Economics at St. Marys College and Santa Clara University. He is a freelance economics journalist and author of The War At Home: The Corporate Offensive From Ronald Reagan To George W. Bush (2006) and several stageplays. He has been a business economist, market analyst, vice-president of the National Writers Union and elected local union president and organizer for various labor unions.

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