American Amnesia: Business, Government, and the Forgotten Roots of Our Prosperity by Jacob S. Hacker

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Read American Amnesia: Business, Government, and the Forgotten Roots of Our Prosperity Online Free - From the groundbreaking author team behind the bestselling Winner-Take-All Politics, a timely and topical work that examines what’s good for American business and what’s good for Americans—and why those interests are misaligned.

In Winner-Take-All Politics, Jacob S. Hacker and Paul Pierson explained how political elites have enabled and propelled plutocracy. They trace the economic and political history of the United States over the last century and show how a viable mixed economy has long been the dominant engine of America’s prosperity.

Like every other prospering democracy, the United States developed a mixed economy that channeled the spirit of capitalism into strong growth and healthy social development. In this bargain, government and business were as much partners as rivals. Public investments in education, science, transportation, and technology laid the foundation for broadly based prosperity. Programs of economic security and progressive taxation provided a floor of protection and business focused on the pursuit of profit—and government addressed needs business could not.

The mixed economy was the most important social innovation of the twentieth century. It spread a previously unimaginable level of broad prosperity. It enabled steep increases in education, health, longevity, and economic security. And yet, extraordinarily, it is anathema to many current economic and political elites. And as the advocates of anti-government free market fundamentalist have gained power, they are hell-bent on scrapping the instrument of nearly a century of unprecedented economic and social progress. In American Amnesia, Hacker and Pierson explain how—and why they must be stopped.

Title : American Amnesia: Business, Government, and the Forgotten Roots of Our Prosperity
Author :
Rating :
ISBN : 1451667825
Edition Language : English
Format Type : Hardcover
Number of Pages : 368 pages


Book rated it ★★★★★

June 04, 2016

American Amnesia: How the War on Government Led US to Forget What Made America Prosper by Jacob S. Hacker and Paul Pierson “American Amnesia” is a much-needed refresher of what truly made America great and what we can do to restore a well-functioning government that promotes shared prosperity. Pol...

Rita rated it ★★★★★

October 09, 2016

The thesis of "American Amnesia" is that no nation achieves prosperity, and remains prosperous, unless they have a strong, central government with the power to rein in capitalistic excesses. Capitalism, if left to its own devices, will never make the necessary investments in education, infrastruc...

Mehrsa rated it ★★★★☆

December 14, 2017

Really useful catalogue and counterpoint to the libertarian/conservative/small government movement. Government actually works sometimes. And it has produced many economic gains. The book is a bit dry at times and sometimes repetitive, but good.

Brad rated it ★★★★☆

June 04, 2017

There is some vital content in American Amnesia and I recommend it for that reason alone. I'm not a fan of the authors' writing style, it feels a little too academic, perhaps making it less accessible to the people who need it the most. At the same time, the organization of the book could use a l...

Mack rated it ★★☆☆☆

July 01, 2017

It's not that this book is uninformative, it's just that it's kind of bland. It's basically an apologetic for the idea of a liberal mixed economy; clearly, that's something that needs all the defending it can get, especially in today's extremely right wing political climate. The authors mount a p...

John rated it ★★★★☆

May 17, 2016

An opus to the mixed economy. The authors challenge the reigning orthodoxy that the main role for government is defense and the redistribution of wealth from the makers to the takers, and that government is inefficient and inept. Instead, they argue that government is a necessary complement to pr...

Rick rated it ★★★★★

October 27, 2016

Another timely book. The authors suggest that the key to American postwar prosperity was the mixed-economy model enjoyed through the mid-sixties, which promoted infrastructure investment and scientific research through public and private partnerships. The Eisenhower administration was a particula...

Conor rated it ★★★★☆

December 30, 2016

This was an excellent companion to Listen, Liberal: Or, What Ever Happened to the Party of the People, insofar as it carefully explains the cynical obstructionism of the Republican Party throughout the Obama era, but with an update for the second term of his presidency. This book also wins points...

Regina rated it ★★★★★

March 02, 2017

This one. Everyone needs to read this one and then we all need to remember how great an efficient (not big and not small) government makes our lives - everything from the United States Postal Service to our national highway system to the CDC to NASA.

Kathryn rated it ★★★★☆

April 11, 2017

Great overview of the mixed economy and why it is important for the success of the nation. Book was an interesting dive, but was shallow in some ares and deep in others, leading to a few sections that dragged a bit. Overall, very happy with the read.

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