Download After the New Economy: The Binge and the Hangover That Won't by Doug Henwood PDF

By Doug Henwood

ISBN-10: 1565847709

ISBN-13: 9781565847705

Filenote: PDF is searchable snapshot ocr, 296 pages with front/back disguise and within flaps
Publish yr note: First released October 1st 2003

Journalist Doug Henwood's withering postmortem of the recent Economy.

Rarely an afternoon glided by within the dizzy Nineties with no a few well-paid pundit heralding the victorious arrival of a "New Economy." in keeping with those monetary experts, an extraordinary technological and organizational revolution had extinguished the specter of recession without end. although a lot of the rhetoric sounds ridiculous this day, few analysts have explored how the hot economic climate second emerged from deep inside America's monetary and ideological machinery—instead, they've most well liked to regard it as an episode of mass delusion.

Now, with favourite irreverence and acuity, journalist Doug Henwood dissects the recent economic system, arguing that the delirious optimism used to be truly a manic set of diversifications on old topics, all promoted from the top of locations. Claims of recent Eras have lots of old precedents; during this newest act, our glossy mythmakers held that know-how might overturn hierarchies, democratizing info and finance and major inexorably to a digital social revolution. yet, as Henwood vividly demonstrates, the distance among wealthy and terrible hasn't ever been so broad, wealth by no means so centred. After the recent economic system deals an available and interesting account of the less-than-lustrous truth underneath the gloss of the Nineties boom.

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