000807166 000__ 05492cam\a2200529Ii\4500 000807166 001__ 807166 000807166 005__ 20230306143759.0 000807166 006__ m\\\\\o\\d\\\\\\\\ 000807166 007__ cr\cn\nnnunnun 000807166 008__ 170531t20172017sz\\\\\\ob\\\\001\0\eng\d 000807166 020__ $$a9783319506364$$q(electronic book) 000807166 020__ $$a3319506366$$q(electronic book) 000807166 020__ $$z9783319506357 000807166 0247_ $$a10.1007/978-3-319-50636-4$$2doi 000807166 035__ $$aSP(OCoLC)ocn988396633 000807166 035__ $$aSP(OCoLC)988396633 000807166 040__ $$aN$T$$beng$$erda$$epn$$cN$T$$dEBLCP$$dN$T$$dYDX$$dAZU$$dUPM$$dFIE$$dOCLCF$$dMERER$$dOCLCQ$$dNJR$$dJG0$$dLOA$$dUAB 000807166 043__ $$an-us--- 000807166 049__ $$aISEA 000807166 050_4 $$aHB95 000807166 08204 $$a330.973$$223 000807166 1001_ $$aShaanan, Joseph,$$eauthor. 000807166 24510 $$aAmerica's free market myths :$$bdebunking market fundamentalism /$$cJoseph Shaanan. 000807166 264_1 $$aCham, Switzerland :$$bPalgrave Macmillan,$$c[2017] 000807166 264_4 $$c©2017 000807166 300__ $$a1 online resource. 000807166 336__ $$atext$$btxt$$2rdacontent 000807166 337__ $$acomputer$$bc$$2rdamedia 000807166 338__ $$aonline resource$$bcr$$2rdacarrier 000807166 347__ $$atext file$$bPDF$$2rda 000807166 504__ $$aIncludes bibliographical references and index. 000807166 5050_ $$aAmerica's Free Market Myths; Acknowledgments; Contents; Introduction; 1 Myths; 2 Reality; 3 Terminology; 4 13 Myths; PART I Economics; Myth 1: America Has Free Markets; 1 Myth; 2 Free Markets; 3 Markets; 4 Market Failures; 5 Corporate Organization; 6 Consumer Choice; 7 Conclusion; Myth 2: A Great Wall Separates Politics and the Economy; 1 Myth; 2 Politics and Markets; 3 Government Help to Corporations; 4 Corporate Welfare; 5 Conclusion; Myth 3: The Less Government, the Better; 1 Myth; 2 Attacks on Government; 3 The Myth's Purpose; 4 On Behalf of Government Intervention 000807166 5058_ $$a5 Market Failure and Government Intervention6 Government Intervention; 7 Government's Achievements; 8 Conclusion; Myth 4: Deregulation Always Improves the Economy; 1 Myth; 2 Regulation; 3 Deregulation; 4 The Damage from Financial Deregulation; 5 The Fed as a Weak Regulator; 6 Weakening Regulation; 7 Privatization; 8 Conclusion; Myth 5: The Economy Has Superior Efficiency; 1 Myth; 2 Corporate Capitalism; 3 Economic Trends; 4 Economic Policies; 5 Monetary Policy; 6 Debt as a Way of Life; 7 The Financial Sector; 8 Conclusion; Part II Socio-Economic; Myth 6: Exceptional Living Standards 000807166 5058_ $$a1 Myth2 Declining Living Standards; 3 Work; 4 Conclusion; Myth 7: An Egalitarian Nation; 1 Myth; 2 Income Inequality in America; 3 Class and Nonincome Inequality; 4 Beliefs About Inequality; 5 Economic Causes of Inequality; 6 Inequality and the Political-Economy; 7 Conclusion; Part III Political-Economic; Myth 8: Free Markets Protect Democracy; 1 Myth; 2 Democracy; 3 From Economic to Political Power; 4 The Acquisition of Power; 5 Political Power and Government Help; 6 The Legal System; 7 The Fed and Democracy; 8 Conclusion; Myth 9: Corporations Represent Economic Freedom; 1 Myth 000807166 5058_ $$a2 Defining Economic Freedom3 Economic Freedom and Large Corporations; 4 Corporate Freedom and Politics; 5 Individual and Corporate Freedom; 6 The Other Side of Corporate Economic Freedom; 7 Conclusion; Myth 10: Free Market and Laissez Faire Are the Same; 1 Myth; 2 Laissez Faire as Free Market; 3 Laissez Faire and Competition; 4 Laissez Faire and Government; 5 The Laissez Faire Experience; 6 Conclusion; Myth 11: A Free Market Nation Does Not Need a Society; 1 Myth; 2 The Fight Against Society and Protection; 3 Do We Need Society When We Have the Market?; 4 Society versus Market 000807166 5058_ $$a5 Markets and Consensus6 Conclusion; Part IV The Crash and Bailouts; Myth 12: The Government Caused the Crash of 2007-08; 1 Myth; 2 Government's Role; 3 The Effects of Financial Deregulation; 4 Financial Innovations; 5 The Fed; 6 Conclusion; Myth 13: The Bailouts' Purpose Was to Save the Free Market Economy; 1 Myth; 2 Background to the Crash and Bailouts; 3 The Bailouts; 4 Bailout Objectives; 5 Conclusion; Notes; Introduction; Myth 1: America Has Free Markets; Myth 2: A Great Wall Separates Politics and the Economy; Myth 3: The Less Government, the Better 000807166 506__ $$aAccess limited to authorized users. 000807166 520__ $$aThis book describes and refutes thirteen ideas involving free market principles and the US economic system, arguing that these (mostly familiar) ideas are myths. The myths are deeply ingrained in the United States' self-image and in political discourse, and are hailed as indisputable, scientifically grounded truths. Unfortunately, an economy dominated by giant corporations bears little resemblance to a free market. So why is so much effort and expense devoted to disseminating these stories? The answer is simple. The different myths generate the recommendation that the system's rewards should flow upward to corporations and a small group of wealthy and politically influential people. The myths help entrench existing economic and political power while distancing America from a more productive and widely beneficial form of capitalism. 000807166 588__ $$aOnline resource; title from PDF title page (viewed June 8, 2017). 000807166 650_0 $$aFree enterprise$$zUnited States. 000807166 650_0 $$aCapitalism$$zUnited States. 000807166 651_0 $$aUnited States$$xEconomic conditions. 000807166 651_0 $$aUnited States$$xEconomic policy. 000807166 852__ $$bebk 000807166 85640 $$3SpringerLink$$uhttps://univsouthin.idm.oclc.org/login?url=http://link.springer.com/10.1007/978-3-319-50636-4$$zOnline Access$$91397441.1 000807166 909CO $$ooai:library.usi.edu:807166$$pGLOBAL_SET 000807166 980__ $$aEBOOK 000807166 980__ $$aBIB 000807166 982__ $$aEbook 000807166 983__ $$aOnline 000807166 994__ $$a92$$bISE