LEADER 04007nam 2200649 450 001 9910809602103321 005 20200520144314.0 010 $a0-300-16329-0 024 7 $a10.12987/9780300163292 035 $a(CKB)2550000001204979 035 $a(PromptCat)40017837042 035 $a(MH)012341218-8 035 $a(SSID)ssj0001400664 035 $a(PQKBManifestationID)12629083 035 $a(PQKBTitleCode)TC0001400664 035 $a(PQKBWorkID)11338242 035 $a(PQKB)10578966 035 $a(DE-B1597)485793 035 $a(OCoLC)884499544 035 $a(DE-B1597)9780300163292 035 $a(Au-PeEL)EBL4585711 035 $a(CaPaEBR)ebr11234826 035 $a(MiAaPQ)EBC4585711 035 $a(EXLCZ)992550000001204979 100 $a20160804h20102010 uy 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aPivotal decade $ehow the United States traded factories for finance in the seventies /$fJudith Stein 210 1$aNew Haven, [Connecticut] ;$aLondon, [England] :$cYale University Press,$d2010. 210 4$dİ2010 215 $a1 online resource (xvi, 367 p. )$cill. ; 300 $aIncludes index. 311 $a0-300-11818-X 320 $aIncludes bibliographical references and index. 327 $tFront matter --$tContents --$tPreface --$tAcknowledgments --$t1. ''The Great Compression'' --$t2. 1971: Affluence Challenged and Restored --$t3. 1972: The Last Election of the 1960's --$t4. OPEC and the Trade Unionism of the Developing World --$t5. 1975: ''Capitalism is on the Run'' --$t6. 1976: Morality and Economy --$t7. International Keynesianism in a Troubled World --$t8. Labor to Capital: Domestic Keynesianism on the Ropes --$t9. From Virtuous Circle to Perfect Storm: Oil Crisis, II --$t10. 1979-80: ''The Gnomes of Zurich Got Their Way'' --$t11. Age of Inequality --$tNotes --$tIndex 330 $aIn this fascinating new history, Judith Stein argues that in order to understand our current economic crisis we need to look back to the 1970's and the end of the age of the factory-the era of postwar liberalism, created by the New Deal, whose practices, high wages, and regulated capital produced both robust economic growth and greater income equality. When high oil prices and economic competition from Japan and Germany battered the American economy, new policies-both international and domestic-became necessary. But war was waged against inflation, rather than against unemployment, and the government promoted a balanced budget instead of growth. This, says Stein, marked the beginning of the age of finance and subsequent deregulation, free trade, low taxation, and weak unions that has fostered inequality and now the worst recession in sixty years. Drawing on extensive archival research and covering the economic, intellectual, political, and labor history of the decade, Stein provides a wealth of information on the 1970's. She also shows that to restore prosperity today, America needs a new model: more factories and fewer financial houses. 606 $aKeynesian economics 606 $aFinancial institutions$zUnited States 607 $aUnited States$xEconomic policy$y1971-1981 607 $aUnited States$xPolitics and government$y1969-1974 607 $aUnited States$xPolitics and government$y1974-1977 607 $aUnited States$xPolitics and government$y1977-1981 615 0$aKeynesian economics. 615 0$aFinancial institutions 676 $a330.973092 700 $aStein$b Judith$f1940-$01221242 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910809602103321 996 $aPivotal decade$93961467 997 $aUNINA 999 $aThis Record contains information from the Harvard Library Bibliographic Dataset, which is provided by the Harvard Library under its Bibliographic Dataset Use Terms and includes data made available by, among others the Library of Congress