![]() ![]() Galbraith follows with an impertinent question: if conservatives no longer take free markets seriously, why should liberals? Why keep liberal thought in the straitjacket of pay-as-you-go, of assigning inflation control to the Federal Reserve, of attempting to "make markets work"? Why not build a new economic policy based on what is really happening in this country? In plain English, the Republican Party has been hijacked by political leaders who long since stopped caring if reality conformed to their message. He then explores the true nature of the Bush regime: a "corporate republic," bringing the methods and mentality of big business to public life a coalition of lobbies, doing the bidding of clients in the oil, mining, military, pharmaceutical, agribusiness, insurance, and media industries and a predator state, intent not on reducing government but rather on diverting public cash into private hands. In this riveting book, Galbraith first dissects the stale remains of Reaganism and shows how Bush and company had no choice except to dump them into the trash. That is why principled conservatives - the Reagan true believers - long ago abandoned Bush.Įnter James K. ![]() While liberals continue to bow before the free-market altar, conservatives in the style of George W. But a funny thing happened on the bridge to the twenty-first century. Tax cuts and small government, monetarism, balanced budgets, deregulation, and free trade are the core elements of this dogma, a dogma so successful that even many liberals accept it. The cult of the free market has dominated economic policy-talk since the Reagan revolution of nearly thirty years ago. ![]()
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