The US economy: (Everything Else the Right Doesn't Want You to Know about Taxes, Jobs, and Corporate America, as well as A Compact and Irreverent Guide to Economic Life in America) by Tony WilliamsEnglish | 2022 | ISBN: N/A | ASIN: B0BN9BRFHX | 148 pages | EPUB | 0.16 Mb
To examine the unique characteristics of the American political economy, this collection brings together eminent political scientists. The opening chapter offers a comparative framework for examining how markets and politics interact in the US, focusing on three key elements: the country's unusually dispersed and decentralized political institutions; the landscape of interest groups, which is characterized by weak labor organizations and strong, local business groups; and the long-standing legacy of racial and ethnic divisions in both markets and government. The fundamental dynamics that result are examined in the following chapters. These dynamics include the role of the courts in multi-venue politics, the political economy of labor, sectional conflict within and between cities and regions, the consolidation of financial markets, corporate monopoly and monopsony power, and the ongoing rise of the knowledge economy. Together, the chapters provide an insightful new map of democratic capitalism's politics in the United States.