By Doug Henwood
Filenote: PDF is searchable photograph ocr, 296 pages with front/back conceal and inside of flaps
Publish yr note: First released October 1st 2003
Journalist Doug Henwood's withering postmortem of the recent Economy.
Rarely an afternoon glided by within the dizzy Nineteen Nineties with out a few well-paid pundit heralding the effective arrival of a "New Economy." in line with those monetary professionals, an extraordinary technological and organizational revolution had extinguished the specter of recession endlessly. notwithstanding a lot of the rhetoric sounds ridiculous this day, few analysts have explored how the hot economic climate second emerged from deep inside America's financial and ideological machinery—instead, they've most well-liked to regard it as an episode of mass delusion.
Now, with well-known irreverence and acuity, journalist Doug Henwood dissects the hot economic system, arguing that the delirious optimism used to be truly a manic set of adaptations on historical issues, all promoted from the top of locations. Claims of latest Eras have lots of ancient precedents; during this newest act, our glossy mythmakers held that expertise might overturn hierarchies, democratizing details and finance and best inexorably to a digital social revolution. yet, as Henwood vividly demonstrates, the distance among wealthy and bad hasn't ever been so huge, wealth by no means so centred. After the recent economic system bargains an available and wonderful account of the less-than-lustrous truth underneath the gloss of the Nineteen Nineties boom.
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Additional resources for After the New Economy: The Binge and the Hangover That Won't Go Away
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After the New Economy: The Binge and the Hangover That Won't Go Away by Doug Henwood