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Chaos in America Paperback – August 1, 2002
Purchase options and add-ons
- Print length262 pages
- LanguageEnglish
- PublisherBridger House Publishers Inc
- Publication dateAugust 1, 2002
- Dimensions5.5 x 0.61 x 8.5 inches
- ISBN-101893157091
- ISBN-13978-1893157095
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Editorial Reviews
Review
"PROVIDING CONVINCING ARGUMENTS..with an interesting view of the current economic circumstances. -- Booklist
AN EXTREMELY INFORMATIVE BOOK and an honest portrayal of what is to come. Dr Kings warnings should be heeded!! -- State Senator H.L. Richardson, State of California
About the Author
Product details
- Publisher : Bridger House Publishers Inc (August 1, 2002)
- Language : English
- Paperback : 262 pages
- ISBN-10 : 1893157091
- ISBN-13 : 978-1893157095
- Item Weight : 11.9 ounces
- Dimensions : 5.5 x 0.61 x 8.5 inches
- Best Sellers Rank: #408,535 in Books (See Top 100 in Books)
- #31 in Social Security (Books)
- #229 in Economic Policy
- #301 in Political Economy
- Customer Reviews:
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In the first place, he appears not to have done very good research, for in his introduction he repeats a political hack phrase attributed to De Toqueville; "America became great because America was good...." Wrong, John, he never said that. You can't find it in any of his writings. What about the rest of your sources?
In the second place anyone who has a decent high school education knows that Capitalism has no connection with financial systems. Capitalism is a system of distribution of goods based on private ownership of those goods. But Mr King conflates that with the evils of finance, namely debt. Private ownership of the means of production of goods has nothing to do with being stupid enough to borrow under terms that will destroy your capacity to manufacture and remain competitive in a market. Part of his solution to poverty is the redistribution of wealth under a system he doesn't identify, but is obviously Socialism.
The real problem is we the people have allowed our Congressional representatives to legally plunder our pockets to the point where the interest on government debt has destroyed our monetary value in any world market. Mr King doesn't seem to get the distinction, and correspondingly doesn't get the fine distinctions on other matters as well. He does however bring it home to the American consumer, blaming him in part for this attitude of borrowing to live well, rather than saving and pay as you go.
There is hardly more than a page's worth of remedy, and his subtitle "Surviving the Depression" bears little advise better than what your grandparents should have told you. If you want to get a simple feel for the hazards of debt and interest, read The Richest Man in Babylon which has been around for decades. You can get more detailed information without all the hyperbole and rhetoric inferring Americans are corrupt or debauched from basic college textbooks which explain how finance works and how the Fed has meddled in our economy.
Best message? Spend your money more wisely elsewhere.
