Book contents
- Post-Truth American Politics
- Post-Truth American Politics
- Copyright page
- Dedication
- Contents
- Note on cover image
- 1 Getting Started
- 2 Stories
- 3 The Enlightenment
- 4 The Political Crisis
- 5 The Economic Crisis
- 6 Political Stories
- 7 Economic Stories
- 8 Choosing
- 9 The Ethics of Responsibility
- 10 Refraining
- 11 Dissembling
- 12 What Now?
- Afterword
- Index
5 - The Economic Crisis
Published online by Cambridge University Press: 28 September 2023
- Post-Truth American Politics
- Post-Truth American Politics
- Copyright page
- Dedication
- Contents
- Note on cover image
- 1 Getting Started
- 2 Stories
- 3 The Enlightenment
- 4 The Political Crisis
- 5 The Economic Crisis
- 6 Political Stories
- 7 Economic Stories
- 8 Choosing
- 9 The Ethics of Responsibility
- 10 Refraining
- 11 Dissembling
- 12 What Now?
- Afterword
- Index
Summary
Chapter 4 moves between the era of classic capitalism (up to the Great Crash), and the present era of neoliberal capitalism. The first was somewhat reined in by the New Deal and the second is still generating the One Percent condition of enormous inequalities. Symptomatic of economic derangement during neoliberalism is the growing impact of financial institutions, which produce little but profit greatly.
- Type
- Chapter
- Information
- Post-Truth American PoliticsFalse Stories and Current Crises, pp. 64 - 78Publisher: Cambridge University PressPrint publication year: 2023