Illusions of prosperity

Description:

"In Illusions of Prosperity, Blau launches a far-reaching assault on the idea that "the market" knows best. Blau writes that while the share of the national income held by the bottom four-fifths of the population (the poor and broad middle class combined) has continued to decline, the top fifth gained 97 percent of the increase in total household income between 1979 and 1994. Blau looks at recent reforms in NAFTA, education, job training, welfare, and much more, showing that the new social policies have made matters worse, because reforms that rely on the market can't compensate for the market's deficiencies. Instead, he calls for a stronger, more caring government to counter the debilitating effects of the market, and he urges the development of the broadest possible political alliances to ensure economic security."--BOOK JACKET.

subjects: Income distribution,  Unemployment,  Plant shutdowns,  Foreign trade and employment,  Free trade,  Public welfare,  Economic policy,  Wages,  Business relocation,  Aide sociale,  Revenu,  Sozialpolitik,  Inkomensverdeling,  Economie de marche,  Privatisierung,  Arbeidersklasse,  Delocalisations (Economie),  Marktmechanisme,  Droit au travail,  Wirtschaftspolitik,  Chomage,  Securite economique,  Salaires,  Sociale politiek,  Soziale Sicherheit,  Travailleurs,  Usines,  Politique de l'emploi,  Libre-echange,  Politique publique,  Fermeture,  Wirtschaftliche Lage,  Chomeurs,  Inegalite sociale,  Marktwirtschaft,  Repartition,  Commerce exterieur et emploi,  Sociale ongelijkheid,  Arbeiterfamilie,  Politique economique,  Économie de marché,  Répartition,  Commerce extérieur et emploi,  Délocalisations (Économie),  Chômeurs,  Sécurité économique,  Inégalité sociale,  Libre-échange,  Chômage,  Politique économique,  Unemployment, united states,  Public welfare, united states,  Wages, developing countries,  Income distribution, united states,  United states, economic policy, 1993-2001

Places: United States,  Developing countries

Times: 1993-2001