- Explore more great deals on 1000's of titles in our Deals in Books store.
The severe economic downturn has been blamed on many things: deregulation, derivatives, greedy borrowers, negligent lenders. But could there be a deeper problem that is so severe, so long-lasting, and so dangerous that it makes these problems look like minor swerves in the road? Could we be facing an existential challenge to the promise of America, and to our system of government?
Inequality in America has reached historical highs. Throughout human history, this level of disparity has proven intolerable, almost always leading to political upheaval. Though many believe that America will never face a second revolution, that our politics are stable, in It Could Happen Here, Yale School of Management senior faculty fellow Bruce Judson makes the case that revolution is a real possibility here, driven by a thirty-year, unprecedented rise of inequality through six presidencies, three Fed chairmen, three recessions, and many years of expansion.
The last time inequality rivaled current levels was in 1928, just before the Crash and the Great Depression. Today we are in worse shape, divided into a tiny plutocracy of super-rich, on the one hand, and a fragile, indebted, unprotected "former middle class" on the other. As Judson shows, revolutions can occur suddenly, as happened with the Soviet Union's 1991 dissolution, and America today exhibits the central precursors to a collapse—extreme economic inequality and an increasingly impoverished middle class. He makes the most disturbing case yet for why our economics are leading us inevitably toward a devastating crisis.When Franklin Roosevelt faced a similar situa-tion, he was saved by World War II. This time, the conflict may be at home, not abroad.--This text refers to the Paperback edition.
Warning of an impending third revolution in the USA, the book promotes equality under the guise of a safety net policy to prevent revolution. Read morePublished on October 24, 2012 by Gderf
IT COULD HAPPEN HERE: AMERICA on the BRINK by Bruce Judson is one of many books about today's economy with emphasis on the destruction of the American Dream. Read morePublished on January 17, 2012 by Ann
This book gives us a look into the influences of some special groups. It should be read with an open mind.Published on September 11, 2011 by Apollo11
An easy to read book mostly about how social inequality can lead to social unrest and possibly revolutions. It's interesting to read but doesn't tread any new ground. Read morePublished on March 29, 2010 by Jon M. Lennon
Too late. Where has this guy been living. It has already happened here. We already live in a country where the legislature is completely owned by the corporate interests. Read morePublished on February 23, 2010 by Sanford Thier
In IT COULD HAPPEN HERE Bruce Judson provides a scenario where economic inequality ignites a revolution in the U.S.
That sounds far-fetched for America. Read more
As "eternal vigilance is the price of liberty",
this book has the premonitions of distant thunder,
the unsettling tremor of shifting tectonic plates. Read more
America has had a long stretch of strong economic growth, but is now in a deep recession. During the long period of growth the gains were concentrated at the top, and during the... Read morePublished on January 2, 2010 by railmeat
I can't imagine a more relevant topic right now.
An important addition to your library.