The Hidden History of Neoliberalism: How Reaganism Gutted America and How to Restore Its Greatness
America’s most popular progressive radio host and New York Times bestselling author Thom Hartmann reveals how and why neoliberalism became so prevalent in the United States and why it's time for us to turn our backs to it.

With four decades of neoliberal rule coming to an end, America is at a crossroads. In this powerful and accessible book, Thom Hartmann demystifies neoliberalism and explains how we can use this pivotal point in time to create a more positive future.

This book traces the history of neoliberalism—a set of capitalistic philosophies favoring free trade, low taxes on the rich, financial austerity, and deregulation of big business—up to the present day. Hartmann explains how neoliberalism was sold as a cure for wars and the Great Depression. He outlines the destructive impact that it has had on America, looking at how it has increased poverty, damaged the middle class, and corrupted our nation’s politics.

America is standing on the edge of a new progressive era. We can continue down the road to a neoliberal oligarchy, as supported by many of the nation’s billionaires and giant corporations. Or we can choose to return to Keynesian economics and Alexander Hamilton’s “American Plan” by raising taxes on the rich, reversing free trade, and building a society that works for all.
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The Hidden History of Neoliberalism: How Reaganism Gutted America and How to Restore Its Greatness
America’s most popular progressive radio host and New York Times bestselling author Thom Hartmann reveals how and why neoliberalism became so prevalent in the United States and why it's time for us to turn our backs to it.

With four decades of neoliberal rule coming to an end, America is at a crossroads. In this powerful and accessible book, Thom Hartmann demystifies neoliberalism and explains how we can use this pivotal point in time to create a more positive future.

This book traces the history of neoliberalism—a set of capitalistic philosophies favoring free trade, low taxes on the rich, financial austerity, and deregulation of big business—up to the present day. Hartmann explains how neoliberalism was sold as a cure for wars and the Great Depression. He outlines the destructive impact that it has had on America, looking at how it has increased poverty, damaged the middle class, and corrupted our nation’s politics.

America is standing on the edge of a new progressive era. We can continue down the road to a neoliberal oligarchy, as supported by many of the nation’s billionaires and giant corporations. Or we can choose to return to Keynesian economics and Alexander Hamilton’s “American Plan” by raising taxes on the rich, reversing free trade, and building a society that works for all.
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The Hidden History of Neoliberalism: How Reaganism Gutted America and How to Restore Its Greatness

The Hidden History of Neoliberalism: How Reaganism Gutted America and How to Restore Its Greatness

by Thom Hartmann
The Hidden History of Neoliberalism: How Reaganism Gutted America and How to Restore Its Greatness

The Hidden History of Neoliberalism: How Reaganism Gutted America and How to Restore Its Greatness

by Thom Hartmann

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Overview

America’s most popular progressive radio host and New York Times bestselling author Thom Hartmann reveals how and why neoliberalism became so prevalent in the United States and why it's time for us to turn our backs to it.

With four decades of neoliberal rule coming to an end, America is at a crossroads. In this powerful and accessible book, Thom Hartmann demystifies neoliberalism and explains how we can use this pivotal point in time to create a more positive future.

This book traces the history of neoliberalism—a set of capitalistic philosophies favoring free trade, low taxes on the rich, financial austerity, and deregulation of big business—up to the present day. Hartmann explains how neoliberalism was sold as a cure for wars and the Great Depression. He outlines the destructive impact that it has had on America, looking at how it has increased poverty, damaged the middle class, and corrupted our nation’s politics.

America is standing on the edge of a new progressive era. We can continue down the road to a neoliberal oligarchy, as supported by many of the nation’s billionaires and giant corporations. Or we can choose to return to Keynesian economics and Alexander Hamilton’s “American Plan” by raising taxes on the rich, reversing free trade, and building a society that works for all.

Product Details

ISBN-13: 9781523002320
Publisher: Berrett-Koehler Publishers
Publication date: 09/13/2022
Series: The Thom Hartmann Hidden History Series , #8
Pages: 192
Sales rank: 154,004
Product dimensions: 4.90(w) x 6.90(h) x 0.70(d)

About the Author

Thom Hartmann is a four‐time winner of the Project Censored Award, a New York Times bestselling author of over thirty books, and America’s #1 progressive talk radio show host for more than a decade. His show is carried on SiriusXM and radio stations nationwide and simulcast as television on Free Speech TV.

Table of Contents

Foreword Greg Palast vii

Introduction: The Plot to Save the World 1

1 Save Us from the Utopians 7

2 The Birth of Neoliberalism 13

3 Neoliberalism's Fathers: Mises, Hayek, and Friedman 19

Ludwig von Mises and the "Critical Race Theory" of Neoliberalism 19

F. A. Hayek vs. the Birth of Democratic Socialism 22

Milton Friedman 30

4 Neoliberalism Goes to Work 36

5 Worldwide Neoliberalism Experiments 41

6 Milton Friedman Hearts General Pinochet 42

7 Neoliberalism Comes to America 51

8 Bill Clinton Hearts the Neoliberal Revolution 60

9 George W. Bush Pushes Neoliberalism Even Further 68

10 Neoliberalism Blows Up in Bush's Face 74

11 Obama Rescues Neoliberalism from Itself 79

12 Trump Attacks Neoliberalism 81

13 Biden Challenges Neoliberalism's Core Concepts 83

14 How Neoliberalism Changed America in 40 Years 84

Taxes 84

Trade 85

Health Care 88

Education and Higher Education 89

Finance 90

Employment 91

Homelessness 92

Inflation 93

Media and News 94

The Environment 96

15 Privatizing the Commons 98

16 Destruction of Democracy 106

17 Breaking with 40 Years of Neoliberalism 108

18 #TaxTheRich 110

19 Rebuilding a Middle Class Gutted by Neoliberalism 111

20 Trade: Returning to Alexander Hamilton's American Plan 117

21 What Is Real Wealth? 123

22 Hamilton's 11-Step Plan Worked for 188 Years 125

23 Tariffs Built America 127

24 But What About the Cost of American-Made Goods? 129

25 How China Escaped Neoliberalism 133

26 America Adopted Neoliberalism, and All I Got Was This Made-in-China T-Shirt 136

27 Neoliberal Trade Policy Rejected by South Korea 141

28 Reverse Privatization of Core Government Functions 145

29 Break Up the Monopolies 148

30 Progressive Populism to Replace Progressive Neoliberalism 149

31 Standing on the Edge 155

Notes 161

Acknowledgments 171

Index 172

About the Author 179

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