Robert Kuttner Knihy

Robert Kuttner's quarrel, in this provocative and illuminating book, is not with capitalism per se or with a broad role for market forces: "Consumption is doubtless pleasurable," he writes, "and no one minds a high material standard of living." His dispute is rather with the current libertarian or laissez-faire direction of both economic practice and economic theory that has been gradually gaining in prominence since the mid-197Os. Champions of this approach extol the unfettered marketplace and trust in its ability to increase wealth, promote innovation, and "optimize outcomes"--And to regulate itself flawlessly all the while

Foreword / by Joseph E. Stiglitz -- The improbable progressive -- Roosevelt's fragile revolution -- The New Deal's long half-life -- LBJ's tragedy and ours -- The great reversal -- Bad economics, worse politics -- Obama's missed moment -- America's last chance.

Invoking America's greatest leaders, Robert Kuttner explains how Obama must be a transformative president--or a failed one--a president who must succeed in fundamentally changing our economy, society, and democracy for the better.

A leading social critic recounts capitalism's finest hour and shows us how we might achieve it once again.