Predator nation: corporate criminals, political corruption, and the hijacking of America

Over the last several decades, the United States has undergone one of the most radical social and economic transformations in its history: Finance has become America's dominant industry, while manufacturing has nearly disappeared. The financial sector has become increasingly criminalized, with wides...pread fraud going completely unpunished. Federal tax collections are at their lowest level in sixty years, with the wealthy enjoying the greatest tax reductions. Most shockingly, the United States, so long the beacon of opportunity for the ambitious poor, has become one of the world's most unequal societies. If you're smart and a hard worker, but your parents aren't rich, you're now better off being born in Munich or Singapore than in Cleveland or New York. This radical shift did not happen by accident. Author Ferguson shows how, since the Reagan administration, both major political parties have become captives of the moneyed elite. The Clinton administration dismantled the regulatory controls that protected the average citizen from avaricious financiers. The Bush team destroyed the federal revenue base with its tax cuts for the rich. And the Obama White House has allowed financial criminals to continue to operate unchecked, even after supposed "reforms" installed after the collapse of Ausführliche Beschreibung Beschreibung ausblenden

1. Person:	Ferguson, Charles
Format:	Buch
Sprache:	English
Veröffentlicht:	New York, NY Crown Business 2012
Beschreibung:	VII, 369 S. graph. Darst.
Ausgabe:	1. ed.
Schlagworte (STW):	Einkommensverteilung Interessenpolitik Soziale Lage Soziale Ungleichheit Sozialer Wandel USA Wirtschaftslage Wirtschaftspolitik
Schlagworte (SH):	Financial crises > United States Banks and banking > United States Global Financial Crisis, 2008-2009 Equality > United States United States > Economic conditions > 2009- United States > Economic policy United States > Politics and government
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