The End of Laissez-Faire: National Purpose and the Global Economy after the Cold War

The End of Laissez-Faire: National Purpose and the Global Economy after the Cold War

by Robert Kuttner
     
 

Here is a book that explores what American economic policy should and can be--a superb yet controversial interpretation of the relation between domestic economic health and international politics, and of how we should set priorities to maintain our economy and our competitive vigor in the future.

Overview

Here is a book that explores what American economic policy should and can be--a superb yet controversial interpretation of the relation between domestic economic health and international politics, and of how we should set priorities to maintain our economy and our competitive vigor in the future.

Editorial Reviews

Publishers Weekly - Publisher's Weekly
The collapse of communism and the end of the Cold War--far from signalling a victory for unbridled free-market capitalism--portend the end of laissez-faire economics. That's the provocative thesis of Kuttner's sweeping, important reassessment of America's economy and its place in the newly emerging world order. For a quarter-century after WW II, he argues, the U.S. practiced a mixed brand of capitalism, with much of the national planning done under military auspices. Meanwhile, the U.S. preached laissez-faire, since it was the country best positioned to exploit open global markets. A Business Week columnist and economic correspondent for the New Republic, Kuttner urges a ``policy of planning'' to reclaim America's industrial leadership, plus a global system of collective security instead of an East-West arms race in which the U.S. acts as free world super-cop. This closely argued book administers a potent dose of economic reality. (Feb.)

Product Details

ISBN-13:
9780394579955
Publisher:
Knopf Doubleday Publishing Group
Publication date:
02/13/1991
Edition description:
1st ed
Pages:
304
Product dimensions:
6.59(w) x 9.56(h) x 1.35(d)

Meet the Author

Robert Kuttner is author of The Economic Illusion: False Choices Between Prosperity and Social Justice, also available from the University of Pennsylvania Press.

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