Publisher's Synopsis
While America is at a crossroads regarding its economic future, many of us don't fully understand how we got here. In this powerful and accessible book, Thom Hartmann demystifies neoliberalism and explains how we can use this pivotal point in time to create a more positive future. This book traces the history of neoliberalism-which applies to a set of capitalistic philosophies favouring free trade, financial austerity, and deregulation-up to the present day. Hartmann explains how neoliberalism was sold as a cure for wars and the Great Depression. He outlines the impact that it has had on America, looking at different sectors including healthcare, unemployment, and education. Hartmann highlights how America can go one of two ways: continue going down the road to neoliberal oligarchy, as supported by the GOP, or choose to return to FDR's Keynesian economics, raise taxes on the rich, reverse "free trade," and create a more pluralistic society. Series Overview: The Thom Hartmann Hidden History Series breaks down the biggest issues in America today, places them in historic context, and provides real, tangible calls to action for individuals and society.