Name: The Boom and the Bubble: The us in the World Economy (en Inglés)
Price: 23560.00 CLP
Availability: InStock
Author: Robert Brenner
ISBN: 9781859844830

portada The Boom and the Bubble: The us in the World Economy (en Inglés)

Formato

Libro Físico

Editorial

Verso

Autor

Robert Brenner

Año

2003

Idioma

Inglés

N° páginas

318

Encuadernación

Tapa Blanda

Peso

1.10

ISBN

1859844839

ISBN13

9781859844830

Categorías

Economía

The Boom and the Bubble: The us in the World Economy (en Inglés)

Robert Brenner (Autor) · Verso · Tapa Blanda

Libro Físico

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Origen: Estados Unidos (Costos de importación incluídos en el precio)

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Reseña del libro "The Boom and the Bubble: The us in the World Economy (en Inglés)"

A sustained period of significant growth in the US, however, seemed to save the day against all the odds. So impressive was the surface appearance of this rescue mission that all manner of commentators proclaimed—once again—that a ‘new economy’ or ‘new paradigm’ of unlimited and harmonious growth had been forged. Today, as recession looms, the babble about Internet start-ups is exposed as vapid. Yet the pundits are no nearer an understanding of how or why the boom turned into a bubble, or why the bubble has burst. In this crisp and forensic book, Robert Brenner demonstrates that the boom was always a fragile phenomenon—buoyed up by absurd levels of debt and stock-market overvaluation—which never broke free from the fundamental malady of overcapacity and overproduction which continues to afflict the global economy. Carefully dismantling the myths and hype that surround the US boom in terms of profitability, investment, and productivity, Brenner restores the properly international context to the process. He portrays the ‘zero-sum’ character of the American success, which presupposed the relative weakness of its main German and Japanese competitors: a strategy that has laid huge obstacles in the path of a ‘soft landing’ to end the current phase of growth. A substantial new Postscript provides and up-to-date analysis of the Bush economic debacle—the crisis of manufacturing, the telecom bust, the record twin deficits, plummeting employment, and the real estate bubble.