Too much stuff :
Too much stuff : capitalism in crisis / Kōzō Yamamura - Bristol, UK : Policy Press, 2017 - viii, 214 pages :
Intro --
TOO MUCH STUFF --
Contents --
Preface and acknowledgements --
1. A new perspective on capitalism's "sickness" --
Introduction --
Capitalist economies: the realities --
We need a systemic change --
About this book --
2. Inspiration in the Kaufhaus des Westens --
The Kaufhaus des Westens --
"Necessary luxuries" --
Persistent lack of demand --
Conclusion --
3. Unreal tax rates --
Introduction --
The US --
Japan --
Germany --
The downward trend in interest rates --
Liberal politicians and conservative fiscal policy --
Conclusion --
4. Printing money --
Introduction --
Ultra-easy monetary policy --
The lack of a common macroeconomic theory --
Neoclassical economic theory --
The ineffectiveness of ultra-easy monetary theory --
Conclusion --
5. Inequality and discontent --
Introduction --
The Occupy Movement --
Thomas Piketty and Capital in the 21st Century --
Disparity in income and wealth distribution --
Conclusion --
6. Buckling bridges and crumbling mountains --
Introduction --
Social safety nets and infrastructural investment --
The crumbling Eiger --
Conclusion --
7. The United States: stagnation and gridlock --
From Ronald Reagan to George W. Bush, 1981-2009 --
The Obama years, 2009-16 --
Conclusion --
8. Japan: bubbles, "lost years" and Abenomics --
Introduction --
The bubble and the "lost" years, 1980-2008 --
Government since 2009: from incompetent to delusional --
Conclusion --
9. Unified Germany: a divided nation --
Introduction --
1980-2008: German politics move to the Right --
From 2009 to the present: the high cost of Merkel's policies --
Conclusion --
10. Four European economies --
Introduction --
From the 1980s to 2008 --
From 2009 to the present --
Conclusion --
11. Reform to the rescue --
Great Britain1 --
The United States2 --
12. Adapting capitalism and changing politics --
Introduction --
Increasing tax revenues. Political change --
Can "big government" and democracy coexist? --
Quality and quantity in GDP growth --
13. Conclusion --
Postscript --
In the new world of too much stuff, you will be poorer than your parents --
Income and wealth distributions are still unequal and becoming more so. --
The real unemployment rate is not falling and wages are not rising --
The undesirable effects of printing money are proliferating --
Germany cannot continue fiscal austerity and its huge trade surplus --
The more things change, the more they remain the same --
Projected growth rates of the developed economies remain dismal --
Notes --
Index.
9781447335658 P 19.99
Capitalism.
Income distribution.
Business and Economics--Economics--Macroeconomics
339.2 Y146T