The Future of American Capitalism

Author: Preyer
Publisher:
Publish Date: 2004-01-01
Features: Observations on the cutting edge of international academia. This interdisciplinary work primarily examines the long-term development and changes in the United States' most important economic systems over the coming decades. The underlying reasons for these changes include not only economic factors but also social, cultural, and political forces. The book is written in a lively style, with clear arguments and perspectives that are easily understood by a broad readership. He predicts that the U.S. economy will experience a recession, income inequality will widen, and the share of growth in markets will be dominated by a small group of large companies. Additionally, as social cohesion and trust in government decline, he forecasts that future U.S. capitalism will face greater challenges. This provocative work offers a fresh perspective on the United States and points out that many of the long-held consensuses about the U.S. economy now need to be reconsidered.