000			nam a22 7a 4500
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003			IN-BhIIT
005			20190427095151.0
008			190427b xxu||||| |||| 00| 0 eng d
020			_a9780241365908
040			_aCLIITBBS _beng _cOCLC
082			_223 _a330.973 _bGRE/C
100			_4author _aGreenspan, Alan _95432
245			_aCapitalism in America : _ba history / _cby Alan Greenspan and Adrian Wooldridge
260			_aNew York City : _bPenguin Press, _c[2018] ©2018
300			_a486 p.
520			_aIn Capitalism in America, Greenspan distills a lifetime of grappling with these questions into a thrilling and profound master reckoning with the decisive drivers of the US economy over the course of its history. In partnership with the celebrated Economist journalist and historian Adrian Wooldridge, he unfolds a tale involving vast landscapes, titanic figures, triumphant breakthroughs, enlightenment ideals as well as terrible moral failings. Every crucial debate is here--from the role of slavery in the antebellum Southern economy to the real impact of FDR's New Deal to America's violent mood swings in its openness to global trade and its impact. But to read Capitalism in America is above all to be stirred deeply by the extraordinary productive energies unleashed by millions of ordinary Americans that have driven this country to unprecedented heights of power and prosperity. At heart, the authors argue, America's genius has been its unique tolerance for the effects of creative destruction, the ceaseless churn of the old giving way to the new, driven by new people and new ideas. Often messy and painful, creative destruction has also lifted almost all Americans to standards of living unimaginable to even the wealthiest citizens of the world a few generations past. A sense of justice and human decency demands that those who bear the brunt of the pain of change be protected, but America has always accepted more pain for more gain, and its vaunted rise cannot otherwise be understood, or its challenges faced, without recognizing this legacy. For now, in our time, productivity growth has stalled again, stirring up the populist furies. There's no better moment to apply the lessons of history to the most pressing question we face."--Book jacket.
650			_aCapitalism -- United States -- History. _95433
650			_aUnited States -- Economic conditions. _95434
650			_aUnited States -- Economic policy. _95435
700			_4author _aWooldridge, Adrian _95436
942			_2ddc _cTRB