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181   $ctxt
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183   $acr
200 10$aEpic recession$b[electronic resource] $eprelude to global depression /$fJack Rasmus
210   $aLondon ;$aNew York $cPluto Press$d2010
215   $a1 online resource (352 p.) 
300   $aBibliographic Level Mode of Issuance: Monograph
311   $a0-7453-2999-3 
311   $a0-7453-2998-5 
320   $aIncludes bibliographical references and index.
327   $aQuantitative characteristics of epic recession -- Qualitative characteristics of epic recession -- The dynamics of epic recession -- U.S. depressions in the nineteenth century -- 'Type I' epic recession : 1907-1914 -- 'Type II' epic recession : 1929-1931 -- The epic recession of 2007-2010 -- The Bush-Obama recovery programs -- An alternative program for economic recovery.
330   $bThe US is still in deep trouble. Banks are sustained by trillions of government dollars, unemployment is approaching 25 million and the long-term future of the economy is in doubt. In Epic Recession, Jack Rasmus shows that we need a new way of understanding the crisis if things are to improve.Rasmus interrogates US economic history to show that the current predicament is what he terms an 'Epic Recession', neither a full-blown depression or a short-lived period of contraction followed by a swift return to growth. He then shows that the only way to prevent the onset of depression is to radically restructure the economy through a massive job creation program, nationalisations, a fundamentally new kind of banking structure and a long-term redistribution of income through better healthcare and benefit systems.Epic Recession provides a rallying point for trade unionists and concerned citizens who want to ensure that any recovery is felt further than Wall street.
606   $aGlobal Financial Crisis, 2008-2009
607   $aUnited States$xEconomic conditions$y2009-
607   $aUnited States$xEconomic policy$y2009-
607   $aUnited States$xEconomic conditions
607   $aUnited States$xEconomic policy
615  0$aGlobal Financial Crisis, 2008-2009.
676   $a330.9730932
700   $aRasmus$b Jack$01152107
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996   $aEpic recession$93758948
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