Pivotal Decade: How the United States Traded Factories for Finance in the Seventies

Paperback (Print)
Buy Used
Buy Used from BN.com
$15.93
(Save 36%)
Item is in good condition but packaging may have signs of shelf wear/aging or torn packaging.
Condition: Used – Good details
Used and New from Other Sellers
Used and New from Other Sellers
from $12.50
Usually ships in 1-2 business days
(Save 50%)
Other sellers (Paperback)
  • All (11) from $12.50   
  • New (7) from $23.87   
  • Used (4) from $12.50   

Overview

In this fascinating new history, Judith Stein argues that in order to understand our current economic crisis we need to look back to the 1970s and the end of the age of the factory-the era of postwar liberalism, created by the New Deal, whose practices, high wages, and regulated capital produced both robust economic growth and greater income equality.

Read More Show Less

Editorial Reviews

The Nation

"A highly original illumination of how the American Century collapsed."—Rick Perlstein, The Nation

— Rick Perlstein

Virginia Quarterly Review

"[An] elegant, pinpoint dissection of the economic mistakes and far-reaching policy decisions of the seventies."—Oscar Villalon, Virginia Quarterly Review

— Oscar Villalon

Dissent Magazine
"Stein offers a welcome corrective to many recent works on the history of the Right."—Dissent Magazine
The Journal of American History
“An extraordinary achievement.”—The Journal of American History
TheBrowser.com

“Pivotal Decade is an important explanation of how liberal became a dirty word and how conservative views came to dominate American political life for so long.”—Eric Foner, TheBrowser.com

— Eric Foner

The Nation - Rick Perlstein
"A highly original illumination of how the American Century collapsed."—Rick Perlstein, The Nation
Virginia Quarterly Review - Oscar Villalon
"[An] elegant, pinpoint dissection of the economic mistakes and far-reaching policy decisions of the seventies."—Oscar Villalon, Virginia Quarterly Review
Sean Wilentz
"Here is one of those rare books in which a seasoned historian offers compelling analyses of urgent contemporary importance. Pivotal Decade will startle and provoke you. It is on my not-miss list."—Sean Wilentz, Princeton University
Nelson Lichtenstein
"In this probing, economically literate analysis, Judith Stein explains how and why the 1970s became the only 20th century decade other than that of the Great Depression during which Americans ended up poorer than they began. By explaining how we got to an economy that subordinates the manufacture of stuff to one that trades, finances, and consumes it, Stein provides the fullest story of the way economic stagnation prepared the way for a new era of social inequality. Citizens of Obama's America should take note."—Nelson Lichtenstein, author of The Retail Revolution: How Wal-mart Created a Brave New World of Business
Fred Siegel
"Americans perplexed by the use of defective Chinese steel to rebuild the iconic San Francisco Bay Bridge will find an explanation for their puzzlement in Judith Stein's Pivotal Decade: How the United States Traded Factories for Finance in the Seventies. Bringing together political and economic history in the context of American foreign policy, Stein shows how Americans allowed the allure of paper profits to undermine our economic underpinnings."—Fred Siegel, The Cooper Union for Science and Art
Leo W. Gerard
"Judith Stein gets it. Pivotal Decade's illustration and examination of the last forty years of failed economic policy will be a powerful text for our generation as well as for the future. We must learn these lessons once and for all—before it's too late."—Leo W. Gerard, president, United Steelworkers
Labor History - Labor History Prizes
Winner of the 2010 "Best Book Prize" given by Labor History

 

TheBrowser.com - Eric Foner
“Pivotal Decade is an important explanation of how liberal became a dirty word and how conservative views came to dominate American political life for so long.”—Eric Foner, TheBrowser.com
Journal of the Historical Society - David Chappell
“Stein succeeds not only in making the 1970s much more interesting to read about, but in revealing the decade as the great historical pivot from postwar American boom to bust.”—David Chappell, Journal of the Historical Society
Boston Globe
“Stein's book is full of fine-grained arguments about economics, labor, and history.”—Josh Rothman, The Boston Globe
Industrial and Labor Relations Review - Shane Hamilton
“This book should be required reading for anyone seeking to understand how the economic restructuring of the 1970s led to our current age of inequality. It is a masterful study of the history of capitalism that is driven not by ideology but by a clearheaded interpretation of historical events and patterns.”—Shane Hamilton, Industrial and Labor Relations Review
The Gerontologist - Frank J. Whittington
""[A]n outstanding analytical history of the origins of neoliberalism in the 1970s."—Frank J. Whittington, The Gerontologist
Read More Show Less

Product Details

  • ISBN-13: 9780300171501
  • Publisher: Yale University Press
  • Publication date: 9/6/2011
  • Edition description: New Edition
  • Pages: 384
  • Sales rank: 1,445,362
  • Product dimensions: 5.80 (w) x 8.90 (h) x 0.90 (d)

Meet the Author

Judith Stein is professor of history at the City College and Graduate Center of the City University of New York. She is the author of The World of Marcus Garvey and Running Steel, Running America.

Read More Show Less

Table of Contents

Preface ix

Acknowledgments xv

1 "The Great Compression" 1

2 1971: Affluence Challenged and Restored 23

3 1972: The Last Election of the 1960s 51

4 OPEC and the Trade Unionism of the Developing World 74

5 1975: "Capitalism Is on the Run" 101

6 1976: Morality and Economy 130

7 International Keynesianism in a Troubled World 154

8 Labor to Capital: Domestic Keynesianism on the Ropes 176

Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously
Sort by: Showing all of 2 Customer Reviews
  • Anonymous

    Posted May 10, 2012

    No text was provided for this review.

  • Anonymous

    Posted November 28, 2011

    No text was provided for this review.

Sort by: Showing all of 2 Customer Reviews

If you find inappropriate content, please report it to Barnes & Noble
Why is this product inappropriate?
Comments (optional)