American Gridlock, H. Woody Brock
American Gridlock, H. Woody Brock
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American Gridlock
Why the Right and Left Are Both Wrong - Commonsense 101 Solutions to the Economic Crises

Author: H. Woody Brock

Narrator: Maurice England

Unabridged: 11 hr 55 min

Format: Digital Audiobook Download

Publisher: Ascent Audio

Published: 07/20/2020

Includes: Bonus Material Bonus Material Included


Synopsis

Due to an alleged breakdown of capitalism, the U.S. is in perilous shape.  Given the long-term retrenchment of consumers, there is little likelihood of a return to strong economic growth.   Meanwhile, the U.S. fiscal deficit is at a record 12% of GDP, and will likely remain high for decades.  Newscasters and pundits alike are asking whether the U.S. could become a banana republic and everyday citizens are concerned that politicians are more interested in getting elected than offering genuine solutions.  In Capitalism 2.0 economist Woody Brock attempts to bridge the Left/Right divide and provide a path out of our economic quagmire.  It is not a question of free market capitalism versus a government controlled economy, Brock writes.  Rather it is a question of enacting policies to generate economic growth to reduce our debt-to-GDP ratio and to reform our political system to prevent politicians from mortgaging our future by promising benefits that we can no longer afford.  Fundamentally, Brock argues we need to re-think our moribund political philosophies and to understand that capitalism is consistent with a just society, and that political parties by serving the short-term interests of their constituent groups are the greatest danger to the U.S. economy and the U.S. as a global power.

Reviews

Goodreads review by Silash on September 06, 2013

This review also appears on my blog www.silashruparell.com My one liner: Subtitled "Why the Right and Left are Both Wrong - Commonsense 101 Solutions to the Economic Crises." Although it has some flaws, this book is a rarity in the post-financial crisis literature, as it heavily emphasises first prin......more

Goodreads review by Cody on July 03, 2016

I really liked this book. Brock presupposes that most people will have a basic knowledge of the subjects that he covers in his six chapters, and while it may have been beneficial to simplify things a little more, he's not discussing simple topics so I was ok with that. Plus I'd assume that anyone pi......more

Goodreads review by Andrew on May 18, 2012

This book is one of those rare titles that truly makes you think. So much of what the author states is truly commonsense and yet why has no one thought of it before? If like me you are fed up with the dogma of the left and right and what the author calls the "debate of the deaf" then prepare for a br......more