American Amnesia: How the War on Government Led Us to Forget What Made America Prosper

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Description

A “provocative” (Kirkus Reviews), timely, and topical work that examines what’s good for American business and what’s good for Americans—and why those interests are misaligned.

In American Amnesia, bestselling political scientists Jacob S. Hacker and Paul Pierson trace the economic and political history of the USA over the last century and show how a viable mixed economy has long been the dominant engine of The united states’s prosperity. We have largely forgotten this reliance, as many political circles and corporate actors have come to mistakenly see government as a hindrance reasonably than the propeller it once was once. “American Amnesia” is more than a rhetorical phrase; elites have literally forgotten, or at least forgotten to talk about, the essential role of public authority in achieving big positive-sum bargains in advanced societies.

The mixed economy was once crucial social innovation of the twentieth century. It spread a prior to now unattainable level of broad prosperity. It enabled steep increases in education, health, longevity, and economic security. And yet, extraordinarily, it is anathema to many current economic and political elites. Looking at this record of remarkable accomplishment, they recoil in horror. And as the advocates of anti-government free market fundamentalist have gained power, they are hell-bent on scrapping the instrument of nearly a century of unprecedented economic and social progress. In the American Amnesia, Hacker and Pierson give an explanation for the full “story of how government helped make The united states great, how the enthusiasm for bashing government is in the back of its current malaise, and how a return to effective government is the answer the nation is searching for” (The New York Times).

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