The Power Elite and Disparity in America: Cause and Correction

ISBN-13: 9781527586680 / Angielski

K. R. Blawatt

Opis

This book identifies the cause for the great disparity and unrest in America today. The bottom tiers of the nation are suffering and barely able to subsist in a world of plenty. What caused this great unhappiness? The book reviews the nation's history from the happy days of the Sixties to the discontent of today, and finds that a shift in the flow of wealth was imposed by a handful of people, the power elite. There are two groups to these elite, those in the financial world who initiated the action, and those in the political arena, primarily Republicans who slowly redirected the flow of prosperity to the top tenth of one percent. In this, they were guided by the errant economic belief of Milton Friedman that promised wealth for all. However, change is urgently needed, and the book proposes a new direction, a correction that reverses what the power elite have done.