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All Together Now: Common Sense for a Fair Economy Paperback – May 11, 2006
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From the Back Cover
"Jared Bernstein is to most economic writers what Red Bull is to decaf latte. In All Together Now he makes such a rousing case for mutual responsibility and shared risk that you'll leap out of your chair and into action. Everyone in the sub-billionaire class needs to read this book and send a gift copy to his or her elected officials." Barbara Ehrenreich, author of Nickel and Dimed and Bait and Switch
"What does our national debate about economics most need? It needs ideas. It needs strong voices for justice who understand economics. And it needs economists with a passion for social decency. Jared Bernstein is a passionate economist who provides hard data to describe the world as it is, and ideas to make the world more just. All Together Now should be read and debated by all who know that the status quo is failing us and seek a daring and bracing examination of the reasons for our discontent." E. J. Dionne, syndicated columnist, author of Why Americans Hate Politics and Stand Up Fight Back, professor at Georgetown University
"This vitally important and readable book couldnt have arrived at a better time. Jared Bernstein examines the ever-increasing gap between our so-called booming economy and the waning economic security of the very people creating that growth. With common sense and common decency, Bernstein shows where weve gone off course and how to find our way back." Robert B. Reich, Professor of Public Policy, University of California at Berkeley, and former U.S. Secretary of Labor
Top Customer Reviews
The book begins with a delightful parable illustrating the difference between heaven and hell. They are identical except that in one, everyone looks out only for number one, while in the other, everyone helps one another. This story deftly distinguishes between the prevailing ideology of the last quarter century -- You’re On Your Own or YOYO – and Bernstein’s alternative -- We’re In This Together or WITT. It is also characteristic of the book’s style: minimal reliance on charts and numbers and such things as make my eyes glaze over (thus no need to add MEGO to WITT or YOYO), and maximal reliance on a breezy style that is easy to read, understand and stay with.
At a very abstract level, the difference between the two ideologies, YOYO and WITT, is how much risk should individuals have to shoulder on their own, and how much should we share across all of us. Risk is not used in its every day sense, the chance of a bad thing happening.Read more ›
What Berstein does is examine the assumptions of those he calls "Your On Your Own" economists and the politicians who self-interestedly appropriate those economists' ideas to justify pro-corporate and pro-wealth market manipulations and contrast those with the more Kenyesian school of We're In This Together. In the war of acronyms, it's the YOYOs versus the WITTs. Berstein not only shows how the YOYO assumptions and theories are usually belied by actual economic performance, but he demonstrates why neoclassical or Keynsian economics becomes popular and powerful at a given time and why we are due (I would say overdue) for a change. His extreamly practical solutions to things like unemployment caused by globalization, ridiculously expensive healthcare, decaying infrastructure, and inequality in wealth and educational opportunity are both simple and cost effective. Does it mean higher taxes for corporations and the super-wealthy?Read more ›
In fact, this is the book that I've wanted to write for some time. Amidst, all the talk about 'framing', poll driven hand-wringing about progressives lacking vision, needing new ideas, etc., etc, this book cuts right to the chase and lays out a straitforward political vision (and by an economist, to boot!). It's well-written (with trademark Bernstein wit), simple and should be read by lots and lots of people. And this is the kind of book you can organize with. I could take this into any environment -- a union hall, church group, legislative session, even business groups -- and find heads nodding.
I'm going to make required reading and plan on distributing to many others.
Most Recent Customer Reviews
WE were built on the premise we would unite as one. We are all in this together and the concept that a YOYO society can work is ridiculas. Read morePublished on February 13, 2013 by jt
This is a nice, compact discussion of general economic US policy, written in 2006 but given the events of 2008 is definitely still worth picking up. Read morePublished on October 27, 2008 by CJ
The irony of the ambulance chasing, $800 coifed, Senator John Edwards's cover endorsement for Bernstein's book could only be lost on hard core Liberals. Read morePublished on August 20, 2007 by Bellerophon