Epic Recession
260 pages
English

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260 pages
English

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Description

The 2008 recession left the United States in deep trouble. With unemployment levels approaching 25 million and banks sustained by trillions of government dollars, are governments and economists understanding the crisis correctly?



Examining US economic history, Jack Rasmus reveals how the 2008 global financial crisis is an 'epic recession'. This 'epic recession' is neither a full-blown depression nor a short-lived period of economic contraction, followed by a swift return to growth, instead it demands the radical restructuring of the economy through a massive job creation program, nationalisation, a fundamentally different banking structure and a long-term redistribution of income, through better healthcare and benefit systems.



This is a rallying call for trade unionists and radicals who want to ensure that any recession recovery is felt further than Wall Street.
1. The Weakest, Most Lopsided Recovery

2. Obama's 1st Recovery Program (2008)

3. Obama's 2nd Recovery Program (2009)

4. The 1st Economic Relapse of 2010

5. Obama's 3rd Recovery Program (2010)

6. Historical Parallels and Midterm Elections: 2010 vs. 1934/1938 & 1978

7. Deficit Cutting on the Way to Double Dip Recession

8. The 2nd Economic Relapse of 2011

9. Obama's 4th Recovery Program (2011)

10. Alternative Program for Economic Recovery (A concise summary of immediate, intermediate and long term proposals)

Appendix A: A Short Note on History and Theory

Sujets

Informations

Publié par
Date de parution 12 mai 2010
Nombre de lectures 0
EAN13 9781783714520
Langue English

Informations légales : prix de location à la page 0,0748€. Cette information est donnée uniquement à titre indicatif conformément à la législation en vigueur.

Extrait

Epic Recession
EPIC RECESSION Prelude to Global Depression
Jack Rasmus
First published 2010 by Pluto Press 345 Archway Road, London N6 5AA and 175 Fifth Avenue, New York, NY 10010
www.plutobooks.com
Distributed in the United States of America exclusively by Palgrave Macmillan, a division of St. Martin’s Press LLC, 175 Fifth Avenue, New York, NY 10010
Copyright © Jack Rasmus 2010
The right of Jack Rasmus to be identified as the author of this work has been asserted by him in accordance with the Copyright, Designs and Patents Act 1988.
British Library Cataloguing in Publication Data A catalogue record for this book is available from the British Library
ISBN 978 0 7453 2999 4 Hardback ISBN 978 0 7453 2998 7 Paperback ISBN 978 1 8496 4452 5 PDF eBook ISBN 978 1 7837 1453 7 Kindle eBook ISBN 978 1 7837 1452 0 EPUB eBook
Library of Congress Cataloging in Publication Data applied for
This book is printed on paper suitable for recycling and made from fully managed and sustained forest sources. Logging, pulping and manufacturing processes are expected to conform to the environmental standards of the country of origin.
10 9 8 7 6 5 4 3 2
Designed and produced for Pluto Press by Chase Publishing Services Ltd, 33 Livonia Road, Sidmouth, EX10 9JB, England Typeset from disk by Stanford DTP Services, Northampton, England Simultaneously printed digitally by CPI Antony Rowe in England, UK and Edwards Bros. in the United States of America
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