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American Amnesia How the War on Government Led Us to Forget What Made America Prosper Epub

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 							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. Now in American Amnesia, 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.
   						

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