What Went Wrong: How the 1% Hijacked the American Middle Class . . . and What Other Countries Got Right

July 16, 2013|
What Went Wrong: How the 1% Hijacked the American Middle Class . . . and What Other Countries Got Right by George R. Tyler
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Something has gone seriously wrong with the American economy.

The American economy has experienced considerable growth in the last 30 years. But virtually none of this growth has trickled down to the average American. Incomes have been flat since 1985. Inequality has grown, and social mobility has dropped dramatically. Equally troubling, these policies have been devastating to both American productivity and our long-term competitiveness.

Many reasons for these failures have been proposed. Globalization. Union greed. Outsourcing.

But none of these explanations can address the harsh truth that many countries around the world are dramatically outperforming the U.S. in delivering broad middle-class prosperity. And this is despite the fact that these countries are more exposed than America to outsourcing and globalization and have much higher levels of union membership.

InWhat Went Wrong, George R. Tyler, a veteran of the World Bank and the Treasury Department, takes the reader through an objective and data-rich examination of the American experience over the last 30 years. He provides a fascinating comparison between the America and the experience of the "family capitalism” countries: Australia, Austria, Belgium, Denmark, France, Germany, the Netherlands, and Sweden.

Over the last 30 years, they have outperformed the U.S. economy by the only metric that really matters#151;delivering better lives for their citizens. The policies adopted by the family capitalist countries aren’t socialist or foreign. They are the same policies that made the U.S. economy of the 1950s and 1960s the strongest in the world.

What Went Wrongdescribes exactly what went wrong with the American economy, how countries around the world have avoided these problems, and what we need to do to get back on the right track.
George R. Tylerhas a diverse background,drawing on his broad experiences at the highest levels of government, at the World Bank, in the private sector, and in the international nonprofit sector forWhat Went Wrong. Trained as an economist, Tyler served on the staffs of senators Hubert H. Humphrey and Lloyd Bentsen early in his career an...
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Title:What Went Wrong: How the 1% Hijacked the American Middle Class . . . and What Other Countries Got R...Format:HardcoverProduct dimensions:576 pages, 9 X 6 X 0.68 inShipping dimensions:576 pages, 9 X 6 X 0.68 inPublished:July 16, 2013Publisher:BenBella Books, Inc.Language:English

The following ISBNs are associated with this title:

ISBN - 10:1937856712

ISBN - 13:9781937856717

Appropriate for ages: All ages

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