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Third wave capitalism : how money, power, and the pursuit of self-interest have imperiled the American dream / John Ehrenreich.
Author
Ehrenreich, John, 1943-
[Browse]
Format
Book
Language
English
Published/Created
Ithaca ; London : ILR Press, an imprint of Cornell University Press, [2016]
©2016
Description
1 online resource (244 pages)
Availability
Available Online
JSTOR DDA
Ebook Central Perpetual, DDA and Subscription Titles
Details
Subject(s)
Capitalism
—
United States
—
History
—
20th century
[Browse]
Capitalism
—
United States
—
History
—
21st century
[Browse]
United States
—
Social conditions
—
20th century
[Browse]
United States
—
Social conditions
—
21st century
[Browse]
Summary note
"In Third Wave Capitalism, John Ehrenreich documents the emergence of a new stage in the history of American capitalism. Just as the industrial capitalism of the nineteenth century gave way to corporate capitalism in the twentieth, 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 1 percent and the persistence of high levels of poverty; increases in the standard of living and increases in mental illness, personal misery, and political rage; the apotheosis of the individual and the deterioration of democracy; increases in life expectancy and out-of-control medical costs; an African American president and the incarceration of a large percentage of the black population. Ehrenreich asserts that these phenomena are evidence that a virulent, individualist, winner-take-all ideology and a virtual fusion of government and business have subverted the American dream. Greed and economic inequality reinforce the sense that each of us is 'on our own.' The result is widespread lack of faith in collective responses to our common problems. The collapse of any organized opposition to business demands makes political solutions ever more difficult to imagine. Ehrenreich traces the impact of these changes on American health care, school reform, income distribution, racial inequities, and personal emotional distress. Not simply a lament, Ehrenreich's book seeks clues for breaking out of our current stalemate and proposes a strategy to create a new narrative in which change becomes possible"--Provided by publisher.
Bibliographic references
Includes bibliographical references and index.
Reproduction note
Electronic reproduction. New York Available via World Wide Web.
Source of description
Print version record.
Language note
In English.
ISBN
9781501703591 ((electronic bk.))
1501703595 ((electronic bk.))
Doi
10.7591/9781501703591
Statement on language in description
Princeton University Library aims to describe library materials in a manner that is respectful to the individuals and communities who create, use, and are represented in the collections we manage.
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Third wave capitalism : how money, power, and the pursuit of self-interest have imperiled the American dream / John Ehrenreich. / John Ehrenreich.
id
99125356149406421
Third wave capitalism : how money, power, and the pursuit of self-interest have imperiled the American dream / John Ehrenreich.
id
9996520733506421