Pluto Press (UK)
Epic Recession: Prelude to Global Depression
Key Metrics
- Jack Rasmus
- Pluto Press (UK)
- Hardcover
- 9780745329994
- 9.1 X 5.9 X 1 inches
- 1.4 pounds
- Political Science > Political Economy
- English
Secure TransactionBook Description
The US is still in deep trouble. Banks are sustained by trillions of government dollars, unemployment is approaching 25 million and the long-term future of the economy is in doubt. In Epic Recession, Jack Rasmus shows that we need a new way of understanding the crisis if things are to improve.
Rasmus interrogates US economic history to show that the current predicament is what he terms an 'Epic Recession', neither a full-blown depression or a short-lived period of contraction followed by a swift return to growth. He then shows that the only way to prevent the onset of depression is to radically restructure the economy through a massive job creation program, nationalisations, a fundamentally new kind of banking structure and a long-term redistribution of income through better healthcare and benefit systems.
Epic Recession provides a rallying point for trade unionists and concerned citizens who want to ensure that any recovery is felt further than Wall street.
Author Bio
A professor in the Economics and Politics departments at SMC, Rasmus focuses on economic inequities and is the author of Epic Recession and Global Financial Crisis.
Prof. Jack Rasmus can address the news issues revolving around the global recession and U.S. financial crisis, current economic and political policies of corporate America, and the causes and consequences of growing income inequality. He teaches courses on Contemporary Economic Policy Analysis, Economic Thought, U.S. Economic History and Labor Economics
A former journalist, Rasmus has served as an economist and analyst for several global companies and has roots in the labor movement; he was a local union president, business representative, contract negotiator, and organizer for several labor unions.
Source: Saint Mary's College California
Videos
No Videos
Community reviews
Write a ReviewNo Community reviews