Too Much Stuff : Capitalism in Crisis /

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Where has capitalism gone wrong? Why are advanced capitalist economies so sick, and why do conventional policy solutions such as reduced taxes and increased money supply produce only wider income disparity and inequality? We are now living in a new world in which a majority of people enjoys the high...

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Detalles Bibliográficos
Autor principal: Yamamura, Kōzō (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Bristol, UK : Policy Press, 2017.
Colección:Book collections on Project MUSE.
Temas:
Industrieländer.
USA.
Japan.
Deutschland.
Wirtschaftspolitik.
Kapitalismus.
Politische Krise
Wirtschaftliche Lage
Kapitalismus
Income distribution.
Capitalism.
POLITICAL SCIENCE > Public Policy > Economic Policy.
POLITICAL SCIENCE > Economic Conditions.
BUSINESS & ECONOMICS > Economics > Macroeconomics.
Electronic books.
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Intro
  • TOO MUCH STUFF
  • Contents
  • Preface and acknowledgements
  • 1. A new perspective on capitalism's "sickness"
  • Introduction
  • Capitalist economies: the realities
  • We need a systemic change
  • About this book
  • 2. Inspiration in the Kaufhaus des Westens
  • The Kaufhaus des Westens
  • "Necessary luxuries"
  • Persistent lack of demand
  • Conclusion
  • 3. Unreal tax rates
  • Introduction
  • The US
  • Japan
  • Germany
  • The downward trend in interest rates
  • Liberal politicians and conservative fiscal policy
  • Conclusion
  • 4. Printing money
  • Introduction
  • Ultra-easy monetary policy
  • The lack of a common macroeconomic theory
  • Neoclassical economic theory
  • The ineffectiveness of ultra-easy monetary theory
  • Conclusion
  • 5. Inequality and discontent
  • Introduction
  • The Occupy Movement
  • Thomas Piketty and Capital in the 21st Century
  • Disparity in income and wealth distribution
  • Conclusion
  • 6. Buckling bridges and crumbling mountains
  • Introduction
  • Social safety nets and infrastructural investment
  • The crumbling Eiger
  • Conclusion
  • 7. The United States: stagnation and gridlock
  • From Ronald Reagan to George W. Bush, 1981-2009
  • The Obama years, 2009-16
  • Conclusion
  • 8. Japan: bubbles, "lost years" and Abenomics
  • Introduction
  • The bubble and the "lost" years, 1980-2008
  • Government since 2009: from incompetent to delusional
  • Conclusion
  • 9. Unified Germany: a divided nation
  • Introduction
  • 1980-2008: German politics move to the Right
  • From 2009 to the present: the high cost of Merkel's policies
  • Conclusion
  • 10. Four European economies
  • Introduction
  • From the 1980s to 2008
  • From 2009 to the present
  • Conclusion
  • 11. Reform to the rescue
  • Great Britain1
  • The United States2
  • 12. Adapting capitalism and changing politics
  • Introduction
  • Increasing tax revenues.
  • Political change
  • Can "big government" and democracy coexist?
  • Quality and quantity in GDP growth
  • 13. Conclusion
  • Postscript
  • In the new world of too much stuff, you will be poorer than your parents
  • Income and wealth distributions are still unequal and becoming more so.
  • The real unemployment rate is not falling and wages are not rising
  • The undesirable effects of printing money are proliferating
  • Germany cannot continue fiscal austerity and its huge trade surplus
  • The more things change, the more they remain the same
  • Projected growth rates of the developed economies remain dismal
  • Notes
  • Index.

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