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Predator nation: corporate criminals, political corruption, and the hijacking of America

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Charles H. Ferguson, who electrified the world with his Oscar-winning documentary Inside Job , now explains how a predator elite took over the country, step by step, and he exposes the networks of academic, financial, and political influence, in all recent administrations, that prepared the predators' path to conquest.       Over the last several decades, the United States has undergone one of the most radical social and economic transformations in its history.  ·         Finance has become America's dominant industry, while manufacturing, even for high technology industries, has nearly disappeared. ·         The financial sector has become increasingly criminalized, with the widespread fraud that caused the housing bubble going completely unpunished. ·         Federal tax collections as a share of GDP are at their lowest level in sixty years, with the wealthy and highly profitable corporations enjoying the greatest tax reductions. ·         Most shockingly, the United States, so long the beacon of opportunity for the ambitious poor, has become one of the world's most unequal and unfair societies.  If you're smart and a hard worker, but your parents aren't rich, you're now better off being born in Munich, Germany or in Singapore than in Cleveland, Ohio or New York. This radical shift did not happen by accident.       Ferguson shows how, since the Reagan administration in the 1980s, both major political parties have become captives of the moneyed elite.  It was the Clinton administration that dismantled the regulatory controls that protected the average citizen from avaricious financiers.  It was the Bush team that destroyed the federal revenue base with its grotesquely skewed tax cuts for the rich. And it is the Obama White House that has allowed financial criminals to continue to operate unchecked, even after supposed "reforms" installed after the collapse of 2008.      Predator Nation reveals how once-revered figures like Alan Greenspan and Larry Summers became mere courtiers to the elite.  Based on many newly released court filings, it details the extent of the crimes--there is no other word--committed in the frenzied chase for wealth that caused the financial crisis.  And, finally, it lays out a plan of action for how we might take back our country and the American dream.
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ISBN:
9780307952554
9780307969842
030795255
9780307952578
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Grouped Work ID a4a7231a-13b4-f2c8-35ef-40bb6e2678bb
Grouping Title predator nation corporate criminals political corruption and the hijacking of america
Grouping Author ferguson charles h
Grouping Category book
Last Grouping Update 2019-10-15 22:44:03PM
Last Indexed 2019-10-15 23:40:24PM

Solr Details

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author Charles H. Ferguson
author_display Ferguson, Charles H
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Green Hills Kids
collection_catalog Non-Fiction
detailed_location_catalog Green Hills - Adult Non-Fiction
display_description

Charles H. Ferguson, who electrified the world with his Oscar-winning documentary Inside Job, now explains how a predator elite took over the country, step by step, and he exposes the networks of academic, financial, and political influence, in all recent administrations, that prepared the predators' path to conquest.
Over the last several decades, the United States has undergone one of the most radical social and economic transformations in its history.

· Finance has become America's dominant industry, while manufacturing, even for high technology industries, has nearly disappeared.

· The financial sector has become increasingly criminalized, with the widespread fraud that caused the housing bubble going completely unpunished.

· Federal tax collections as a share of GDP are at their lowest level in sixty years, with the wealthy and highly profitable corporations enjoying the greatest tax reductions.

· Most shockingly, the United States, so long the beacon of opportunity for the ambitious poor, has become one of the world's most unequal and unfair societies.

If you're smart and a hard worker, but your parents aren't rich, you're now better off being born in Munich, Germany or in Singapore than in Cleveland, Ohio or New York.
This radical shift did not happen by accident.

Ferguson shows how, since the Reagan administration in the 1980s, both major political parties have become captives of the moneyed elite. It was the Clinton administration that dismantled the regulatory controls that protected the average citizen from avaricious financiers. It was the Bush team that destroyed the federal revenue base with its grotesquely skewed tax cuts for the rich. And it is the Obama White House that has allowed financial criminals to continue to operate unchecked, even after supposed "reforms" installed after the collapse of 2008.

Predator Nation reveals how once-revered figures like Alan Greenspan and Larry Summers became mere courtiers to the elite. Based on many newly released court filings, it details the extent of the crimes--there is no other word--committed in the frenzied chase for wealth that caused the financial crisis. And, finally, it lays out a plan of action for how we might take back our country and the American dream.

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overdrive:47be6bb4-fbb0-4e79-a13d-9a9f307ce343 eAudiobook Audio Books English Penguin Random House Audio Publishing Group 2012
ils:CARL0000390599 Book Books 1st Ed. English Crown Business, c2012. 369 p. ; 24 cm.
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subject_facet Banks and banking -- United States
Equality -- United States
Financial crises -- United States
Global Financial Crisis, 2008-2009
United States -- Economic conditions -- 2009-
United States -- Economic policy
United States -- Politics and government
title_display Predator nation : corporate criminals, political corruption, and the hijacking of America
title_full Predator Nation Corporate Criminals, Political Corruption, and the Hijacking of America
Predator nation : corporate criminals, political corruption, and the hijacking of America / Charles Ferguson
title_short Predator nation :
title_sub corporate criminals, political corruption, and the hijacking of America
topic_facet Banks and banking
Business
Economic conditions
Economic policy
Equality
Finance
Financial crises
Global Financial Crisis, 2008-2009
Nonfiction
Politics
Politics and government