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D.J. Mills
The Path of Least Resistance: The Evolution of Capitalism and Politics in America
The Path of Least Resistance: The Evolution of Capitalism and Politics in America
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The Path of Least Resistance: The Evolution of Capitalism and Politics in America is a thought-provoking look into the economic transformation associated with the U.S. economy over the past 40 years. The book explores the evolution of the global economy and the macroeconomic repercussions associated with its use. In many ways, it is a time capsule that chronicles the economic development of the United States -- from its birth to the present day. It examines the socioeconomic, political, and geopolitical factors that turned this once isolationist nation into a global economic and military power after World War II. Unfortunately, the so-called global economy would soon come of age. Its effects would slowly squander away much of America's industrial capacity as well as lost American jobs. This event would leave an indelible footprint on the U.S. economy in the years to follow.
The present-day global economy model has fundamentally transformed America's past perception of wealth creation. Given the economic effects of outsourcing, deregulation, and lower taxes, the U.S. economy has become largely subservient to the needs of corporate America and its lobbyist friends. In years past, the U.S. economy promoted the virtues of domestic production and consumption of national goods. Made in the USA still meant something to this nation and its leaders in government. Today, this label is nothing more than a fleeting memory.
It is somehow ironic, when one looks back, the economic transformation of the United States during the twentieth-century. America's Industrial Revolution helped foster an industrial juggernaut that promoted a growing middle-class sector. Its economy would revolutionize new products and ideas that would transform the world. The American Century would become a popular metaphor used to describe America's economic development during this period. Unfortunately, the evolution of the global economy would change all this. The repercussions associated with this economic model have included mounting U.S. job losses, escalating government spending, and spiraling national debt. Its most enduring legacy is the redistribution of wealth abroad.
This book examines the various forces that have reshaped the underlying fabric of our nation. These topics will include national debt, health care, entitlement programs, political parties, lobbyists and special interests, and the role of government in commerce. Another issue is the growing role the United States has played in global geopolitical affairs. More important than all these factors, the United States has become a nation without effective leadership, with no discernable goals or ambitions. These subjects are all indelibly entwined with one another and the future prosperity of this nation.
The present-day global economy model has fundamentally transformed America's past perception of wealth creation. Given the economic effects of outsourcing, deregulation, and lower taxes, the U.S. economy has become largely subservient to the needs of corporate America and its lobbyist friends. In years past, the U.S. economy promoted the virtues of domestic production and consumption of national goods. Made in the USA still meant something to this nation and its leaders in government. Today, this label is nothing more than a fleeting memory.
It is somehow ironic, when one looks back, the economic transformation of the United States during the twentieth-century. America's Industrial Revolution helped foster an industrial juggernaut that promoted a growing middle-class sector. Its economy would revolutionize new products and ideas that would transform the world. The American Century would become a popular metaphor used to describe America's economic development during this period. Unfortunately, the evolution of the global economy would change all this. The repercussions associated with this economic model have included mounting U.S. job losses, escalating government spending, and spiraling national debt. Its most enduring legacy is the redistribution of wealth abroad.
This book examines the various forces that have reshaped the underlying fabric of our nation. These topics will include national debt, health care, entitlement programs, political parties, lobbyists and special interests, and the role of government in commerce. Another issue is the growing role the United States has played in global geopolitical affairs. More important than all these factors, the United States has become a nation without effective leadership, with no discernable goals or ambitions. These subjects are all indelibly entwined with one another and the future prosperity of this nation.
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