American Economics

The United States has been epitomized as a land of opportunity, where hard work and skill can bring personal success and economic well-being. The American Dream has captured the imagination of people from all walks of life, and to many, it represents the heart and soul of the country. But there is another, darker side to the bargain that America strikes with its people - it is the price we pay for our individual pursuit of the American Dream.

The Education Myth questions the idea that education represents the best, if not the only, way for Americans to access economic opportunity. As Jon Shelton shows, linking education to economic well-being was not politically inevitable. In the 18th and 19th centuries, for instance, public education was championed as a way to help citizens learn how to participate in a democracy. By the 1930s, public education, along with union rights and social security, formed an important component of a broad-based fight for social democracy.

Compared to other industrialized nations, the United States is losing ground across nearly every indicator of social health. Its race problem, argues Eduardo Porter, is largely to blame. In American Poison, the New York Times veteran shows how racial animus has stunted the development of nearly every institution crucial for a healthy society, including organized labor, public education, and the social safety net. The consequences are profound and are only growing graver with time.

Between 1865 and 1890, in the aftermath of the Civil War, virtually every important American labor reform organization advocated "cooperation" over "competitive" capitalism and several thousand cooperatives opened for business during this era. The men and women who built cooperatives were practical reformers and they established businesses to stabilize their work lives, families, and communities. Yet they were also utopians - envisioning a world free from conflict where workers would receive the full value of their labor.

What Went Wrong describes exactly what went wrong with the American economy, how countries around the world have avoided these problems, and what we need to do to get back on the right track.

While factories across the Midwest shutter their doors, Cleveland-based manufacturer Lincoln Electric has thrived for more than a century. In addition to being profitable and technologically innovative, through good times and bad, the company has fulfilled its unique promise of "guaranteed continuous employment." Workers are viewed as assets—not liabilities.

Over the last four decades, debt, bankruptcy, and home foreclosures have risen to epidemic levels, and the personal savings rate has sunk dangerously low. Why, in the richest nation on Earth, can't Americans hold on to their money? First published in 2008, Stuart Vyse's Going Broke described the epidemic of personal debt that existed in the years leading up to the Great Recession and anticipated the home mortgage crisis that started it. Ten years later, this fully updated new edition tackles the post-recession era of economic recovery.

Of the world's 200 largest economies, more than half are corporations. They have more influence on our lives than any other institution, but while boards of directors are supposed to police CEOs and provide independent leadership, they have become enabling lapdogs rather than trustworthy watchdogs.

This work is a collection of essays relating to social and economic, leadership, and ethics, ecological and religious issues that are facing the world today in order to understand the course of history that has led humanity to its present condition and then arrive at positive solutions that will lead to better outcomes for all humanity. It surveys the development and decline of major empires throughout history and focuses on the creation of American Empire along with the social, political and economic policies that led to the prominence of the United States of America as a Superpower ...

In 1980, Exxon U.S.A., the world's largest corporation, began development of a five-billion-dollar oil shale industry in the pristine Colorado River Valley. Within eighteen months, Exxon had canceled its elaborate Colony project and 2,100 workers were immediately laid off. Boomtown Blues chronicles the social, environmental, and economic havoc created by one of the most expensive boom and bust cycles in the history of the American West.

In 2000, after the Tribune Company acquired Times Mirror Corporation, it comprised the most powerful collection of newspapers in the world. How then did Tribune nosedive into bankruptcy and public scandal? In The Deal from Hell, veteran Tribune and Los Angeles Times editor James O'Shea takes us behind the scenes of the decisions that led to disaster in boardrooms and newsrooms from coast to coast, based on access to key players, court testimony, and sworn depositions.

Just as the industrial capitalism of the 19th century gave way to corporate capitalism in the 20th, recent decades have witnessed corporate capitalism evolving into a new phase, which Ehrenreich calls "Third Wave Capitalism." Third Wave Capitalism is marked by apparent contradictions: Rapid growth in productivity and lagging wages; fabulous wealth for the one percent and the persistence of high levels of poverty; increases in the standard of living and increases in mental illness, and much more.

More than 50 years ago, an assassin's bullet robbed us of one of the most eloquent voices for 20th-century human rights and justice. Drawing on a new generation of scholarship about the civil rights era, To the Promised Land goes beyond the iconic view of King as an advocate of racial harmony to explore his profound commitment to the poor and working class, and his call for "nonviolent resistance" to all forms of oppression, including economic injustice.

Are you a Christian parent looking for biblical answers on prayer and family finances? Parenting is never an easy job but with this book, you will learn to parent, pray, and manage your finances biblically. Get the information you need to faithfully follow the will of god and live free.

IBM is in serious trouble. Big Blue, as the company is known, tends to rely for its success on magical thinking but that magic ran out a long time ago. The company got in trouble back in the 1990s and had to hire for the first time an outside CEO, Lou Gerstner, to save the day. Gerstner pushed IBM into services with spectacular results but this hurt the company, too. As services have became commoditized IBM could only compete by offshoring the work and quality suffered.

A Tale of Two Economies details the ongoing battle between the material and the monetary economies. The good news is that the development of modern technology in our material economy has us on the brink of prosperity. The bad news is that a turf war over the money supply in our monetary economy is destroying our prospects for enjoying this success. Thus, we have rampant inflation and a growing gap between the rich and the poor today.

For some of the world's most powerful people, the Empire State Building is the ultimate prize. In a riveting chronicle of betrayal, revenge, family rivalry, and raw greed, Wall Street Journal columnist Pacelle tells the compelling tale of the Empire State Building ownership battle of the 1980s and '90s, bringing to life a colorful cast of characters that includes Donald Trump, Leona Helmsley, and the eccentric Japanese billionaire Hideki Yokoi.

Elegant, profound, and intoxicating—Spectral Evidence, Gregory Pardlo’s first major collection of poetry after winning the Pulitzer Prize for Digest, moves fluidly among considerations of the pro-wrestler Owen Hart; Tituba, the only Black woman to be accused of witchcraft during the Salem witch trials; MOVE, the movement and militant separatist group famous for its violent stand-offs with the Philadelphia Police Department (“flames rose like orchids . . . / blocks lay open like egg cartons”); and more.

For 75 years, the basic patterns of world politics and the contours of international economic activity took place in the shadow of American leadership and the institutions it designed—an order designed to avoid the horrors of previous eras, including, most poignantly, two world wars and the Great Depression. But all things must pass. The global financial crisis of 2008, the legacy of two long, losing wars, and the polarizing and tumultuous presidency of Donald Trump all suggest that global affairs have reached a turning point. The implications of this are profound.

Robber Barons and Wretched Refuse explores the connection between the so-called robber barons who led American big businesses during the Gilded Age and Progressive Era and the immigrants who composed many of their workforces.