The Climax of Capitalism : The U.S. Economy in the Twentieth Century

Developments In The United States Profoundly Affect The Lives Of The Greater Part Of The World's Population. It Is Not Only The Impact Of America's Military And Strategic Power. American Films And Television, American Consumer Goods, American Cultural Values, Lifestyle And Economic Expectations, Now Permeate The Existence Of Millions Of Human Beings Who Will Never Set Foot In America Itself. To Understand The World We Live In We Need To Come To Terms With This Overwhelming Economic Dynamo; And For That, We Must First Understand Its History. How Did The United States Become The Twentieth Century's Dominant Economy? What Is Special About The Land And People Of America, And The American Way Of Capitalism, That Favored Such A Rapid Climb To Wealth And Power? And, As The Old Postwar Certainties Begin To Crumble, As The Communist World Dissolves In Crisis, As Cracks Appear In American Economic Confidence, And As The New Economic Powers Of Japan And A United Europe Begin To Jostle For Their Own Place In The Sun, Is The Climax Of American Capitalism Already Over? - Back Cover. Setting The Stage -- Trends In The 1920s -- A Decade Of Crisis, 1929-1939 -- The Economic Impact Of The Second World War -- The Post-war Eco. Tom Kemp. Includes Bibliographical References (p. 234-239) And Index. Dr. Isaac Deas had it all! Multiple degrees in education, a prestigious job in the juvenile justice system, a wife, great friends, supportive family, and a brand new home. He threw it all away when he became a drug addict. As his double life shattered, he slid into a life of drugs, partying, homelessness, living on the streets, divorce, job loss, and finally rehabilitation centers. Follow him through these life changes and learn how this prodigal son returned via his voice and those of his relatives and friends who said, "Don't let go!". How did the United States become the twentieth century's dominant economy? What is special about America and the American way of capitalism, that favoured such a rapid climb to wealth and power? And, as the old postwar certainties begin to crumble, is the climax of American capitalism already over? These are the themes addressed in this engrossing book, which gives a chronological, analytical account of the American economy from the late nineteenth century to the end of the Reagan era and beyond. Content: Setting the stage -- Trends in the 1920s -- A decade of crisis : 1929-1939 -- The economic impact of the Second World War -- The post-war economy : the 1950s boom -- Affluence and the Vietnam War : the 1960s -- Structural changes in American capitalism since 1945 -- The troubled economy : the 1970s and beyond -- The Reagan era : the 1980s -- Epilogue : Into the 21st century : an end to American hegemony? A study of American capitalism in the 20th century and the effects that it has had on the world economy. Topics covered range from the historical significance of the New Deal to the theoretical basis of Reaganomics.