03782nam 22007094a 450 991045194450332120200520144314.01-281-73524-897866117352410-300-13780-X10.12987/9780300137804(CKB)1000000000477742(StDuBDS)AH23049876(SSID)ssj0000102026(PQKBManifestationID)11116687(PQKBTitleCode)TC0000102026(PQKBWorkID)10048463(PQKB)10452577(MiAaPQ)EBC3420372(DE-B1597)485250(OCoLC)1024008293(DE-B1597)9780300137804(Au-PeEL)EBL3420372(CaPaEBR)ebr10210255(CaONFJC)MIL173524(OCoLC)923592696(EXLCZ)99100000000047774220060420d2006 uy 0engur|||||||||||txtccrThe American dream vs. the gospel of wealth[electronic resource] the fight for a productive middle-class economy /Norton GarfinkleNew Haven Yale University Pressc2006ix, 230 p. illThe future of American democracyBibliographic Level Mode of Issuance: Monograph0-300-10860-5 Includes bibliographical references (p. [205]-219) and index.The American economic vision -- Lincoln's economics : the origin of the American dream -- The gospel of wealth -- The age of reform -- The business of America is business -- The renewal of the American dream -- The new gospel of wealth -- The current debate : supply-side vs. demand-side economics -- The way forward.Norton Garfinkle paints a disquieting picture of America today: a nation increasingly divided between economic winners and losers, a nation in which the middle-class American Dream seems more and more elusive. Recent government policies reflect a commitment to a new supply-side winner-take-all Gospel of Wealth. Garfinkle warns that this supply-side economic vision favors the privileged few over the majority of American citizens striving to better their economic condition.Garfinkle employs historical insight and data-based economic analysis to demonstrate compellingly the sharp departure of the supply-side Gospel of Wealth from an American ideal that dates back to Abraham Lincoln-the vision of America as a society in which ordinary, hard-working individuals can get ahead and attain a middle-class living, and in which government plays an active role in expanding opportunities and ensuring against economic exploitation. Supply-side economic policies increase economic disparities and, Garfinkle insists, they fail on technical, factual, moral, and political grounds. He outlines a fresh economic vision, consonant with the great American tradition of ensuring strong economic growth, while preserving the middle-class American Dream.Future of American democracy.American dream versus the gospel of wealthMiddle classUnited StatesSupply-side economicsUnited StatesDemocracyUnited StatesUnited StatesEconomic conditionsUnited StatesEconomic policyElectronic books.Middle classSupply-side economicsDemocracy330.973Garfinkle Norton1931-1027499MiAaPQMiAaPQMiAaPQBOOK9910451944503321The American dream vs. the gospel of wealth2459545UNINA