One Market Under God: Extreme Capitalism, Market Populism, and the End of Economic Democracy

One Market Under God: Extreme Capitalism, Market Populism, and the End of Economic Democracy
Description
Five Stars rzrbks Thomas Frank tells the truth about the RW Garbage who are ruining our country --- including the Orange Illiterate.. "You might be disappointed" according to Amazon Customer. Fans of Thomas Frank might be disappointed with this book, the precursor to Kansas. One Market is smart, detailed and there is no shortage of Frank's wit and insight but the book is also a long, slow and tedious accounting of who said what and when. I gave up by chapter three.. Vox Populi for Billionaires David Swan There is a new conventional wisdom being constructed in the last few decades that we have finally reached the culmination of economic theory and all that's left is to tune the machine. The ultimate realization of western perfection is pure free market Capitalism. The villains of the scenario are uni
With incisive analysis, passionate advocacy, and razor-sharp wit, he asks where we?re headed-and whether we're going to like it when we get there.. Frank's target is "market populism"--the widely held belief that markets are a more democratic form of organization than democratically elected governments. Refuting the idea that billionaire CEOs are looking out for the interests of the little guy, he argues that "the great euphoria of the late nineties was never as much about the return of good times as it was the giddy triumph of one America over another." Frank is a latter-day Mencken, as readers of his journal The Baffler and his book The Conquest of Cool know. In a book that has been raising hackles far and wide, the social critic Thomas Frank skewers one of the most sacred cows of the go-go '90s: the idea that the new free-market economy is good for everyone
Their writings, he contends, have served to make "the world safe for billionaires" by winning the cultural and political battle--legitimizing the corporate culture and its demands for privatization, deregulation, and non-interference. Frank traces the roots of this movement from the 1920s, and sees its culmination in market populism as a fusion of the rebellious '60s with the greedy '80s. After nearly a decade of bull markets, Americans have come to equate free markets with democracy. This public relations campaign joins an almost mystical belief in markets, a contempt for government in any form, and an "ecstatic" confusion of markets with democracy. Never one for mincing words, social critic Thomas Frank, editor of The Baffler and author of The Conquest of Cool, challenges this myth. Frank's incisive prose verges on brilliant at times, though his yen for repetition can be exasperating