001479171 000__ 06261nam\a22009375i\4500 001479171 001__ 1479171 001479171 003__ DE-B1597 001479171 005__ 20231026035015.0 001479171 006__ m\\\\\o\\d\\\\\\\\ 001479171 007__ cr\un\nnnunnun 001479171 008__ 230918t20122012mau\\\\\o\\d\z\\\\\\eng\d 001479171 020__ $$a9780674067813 001479171 0247_ $$a10.4159/harvard.9780674067813$$2doi 001479171 035__ $$a(DE-B1597)178057 001479171 040__ $$aDE-B1597$$beng$$cDE-B1597$$erda 001479171 0410_ $$aeng 001479171 044__ $$amau$$cUS-MA 001479171 050_4 $$aHC103 001479171 072_7 $$aSOC026000$$2bisacsh 001479171 08204 $$a338.5/2120973 001479171 1001_ $$aPrasad, Monica, $$eauthor.$$4aut$$4http://id.loc.gov/vocabulary/relators/aut. 001479171 24514 $$aThe Land of Too Much :$$bAmerican Abundance and the Paradox of Poverty /$$cMonica Prasad. 001479171 264_1 $$aCambridge, MA : : $$bHarvard University Press, $$c[2012] 001479171 264_4 $$c©2012 001479171 300__ $$a1 online resource (270 p.) :$$b2 line illustrations, 11 graphs, 7 tables 001479171 336__ $$atext$$btxt$$2rdacontent 001479171 337__ $$acomputer$$bc$$2rdamedia 001479171 338__ $$aonline resource$$bcr$$2rdacarrier 001479171 347__ $$atext file$$bPDF$$2rda 001479171 50500 $$tFrontmatter -- $$tContents -- $$tPart One Explaining American State Intervention -- $$t1 The Farmers' Tour -- $$t2 Comparing Capitalisms -- $$t3 A Demand- Side Theory of Comparative Political Economy -- $$tPart Two The Agrarian Regulation of Taxation -- $$t4 The Non- History of National Sales Tax -- $$t5 The Land of Too Much -- $$t6 Progressive Taxation and the Welfare State -- $$tPart Three The Agrarian Regulation of Finance -- $$t7 American Adversarial Regulation -- $$t8 The Democratization of Credit -- $$t9 The Credit/Welfare State Trade- Off -- $$tPart Four Conclusion -- $$t10 American Mortgage Keynesianism: Summary and Policy Implications -- $$tNotes. References. Acknowledgments. Index -- $$tNotes -- $$tReferences -- $$tAcknowledgments -- $$tIndex 001479171 506__ $$aAccess limited to authorized users. 001479171 520__ $$aThe Land of Too Much presents a simple but powerful hypothesis that addresses three questions: Why does the United States have more poverty than any other developed country? Why did it experience an attack on state intervention starting in the 1980s, known today as the neoliberal revolution? And why did it recently suffer the greatest economic meltdown in seventy-five years? Although the United States is often considered a liberal, laissez-faire state, Monica Prasad marshals convincing evidence to the contrary. Indeed, she argues that a strong tradition of government intervention undermined the development of a European-style welfare state. The demand-side theory of comparative political economy she develops here explains how and why this happened. Her argument begins in the late nineteenth century, when America's explosive economic growth overwhelmed world markets, causing price declines everywhere. While European countries adopted protectionist policies in response, in the United States lower prices spurred an agrarian movement that rearranged the political landscape. The federal government instituted progressive taxation and a series of strict financial regulations that ironically resulted in more freely available credit. As European countries developed growth models focused on investment and exports, the United States developed a growth model based on consumption. These large-scale interventions led to economic growth that met citizen needs through private credit rather than through social welfare policies. Among the outcomes have been higher poverty, a backlash against taxation and regulation, and a housing bubble fueled by "mortgage Keynesianism." This book will launch a thousand debates. 001479171 538__ $$aMode of access: Internet via World Wide Web. 001479171 546__ $$aIn English. 001479171 5880_ $$aDescription based on online resource; title from PDF title page (publisher's Web site, viewed 18. Sep 2023) 001479171 650_0 $$aEconomic policy. 001479171 650_0 $$aFiscal policy$$zUnited States. 001479171 650_0 $$aFiscal policy. 001479171 650_0 $$aSocial policy. 001479171 650_0 $$aWirtschaft. 001479171 650_4 $$aSOCIAL SCIENCE / Sociology / General$$2sh. 001479171 655_0 $$aElectronic books 001479171 77308 $$iTitle is part of eBook package:$$dDe Gruyter$$tE-BOOK GESAMTPAKET / COMPLETE PACKAGE 2013$$z9783110317350$$oZDB-23-DGG 001479171 77308 $$iTitle is part of eBook package:$$dDe Gruyter$$tE-BOOK PACKAGE HISTORY, POLITICAL SCIENCE, SOCIOLOGY 2013$$z9783110317121 001479171 77308 $$iTitle is part of eBook package:$$dDe Gruyter$$tE-BOOK PAKET GESCHICHTE, POLITIKWISS., SOZIOLOGIE 2013$$z9783110317114$$oZDB-23-DPS 001479171 77308 $$iTitle is part of eBook package:$$dDe Gruyter$$tHUP eBook-Package Backlist 2000-2013 (Canada)$$z9783110756067 001479171 77308 $$iTitle is part of eBook package:$$dDe Gruyter$$tHarvard University Press eBook Package Backlist 2000-2013$$z9783110442205 001479171 7760_ $$cprint$$z9780674066526 001479171 852__ $$bebk 001479171 85640 $$3De Gruyter$$uhttps://univsouthin.idm.oclc.org/login?url=https://www.degruyter.com/isbn/9780674067813$$zOnline Access 001479171 909CO $$ooai:library.usi.edu:1479171$$pGLOBAL_SET 001479171 912__ $$a978-3-11-031712-1 E-BOOK PACKAGE HISTORY, POLITICAL SCIENCE, SOCIOLOGY 2013$$b2013 001479171 912__ $$a978-3-11-044220-5 Harvard University Press eBook Package Backlist 2000-2013$$c2000$$d2013 001479171 912__ $$a978-3-11-075606-7 HUP eBook-Package Backlist 2000-2013 (Canada)$$b2013 001479171 912__ $$aEBA_BACKALL 001479171 912__ $$aEBA_CL_SN 001479171 912__ $$aEBA_EBACKALL 001479171 912__ $$aEBA_EBKALL 001479171 912__ $$aEBA_ECL_SN 001479171 912__ $$aEBA_EEBKALL 001479171 912__ $$aEBA_ESSHALL 001479171 912__ $$aEBA_PPALL 001479171 912__ $$aEBA_SSHALL 001479171 912__ $$aGBV-deGruyter-alles 001479171 912__ $$aPDA11SSHE 001479171 912__ $$aPDA13ENGE 001479171 912__ $$aPDA17SSHEE 001479171 912__ $$aPDA5EBK 001479171 912__ $$aZDB-23-DGG$$b2013 001479171 912__ $$aZDB-23-DPS$$b2013 001479171 980__ $$aBIB 001479171 980__ $$aEBOOK 001479171 982__ $$aEbook 001479171 983__ $$aOnline