The argument by Piketty and others that there is growing inequality and this is causing damage is not new. But regardless of who is running this argument, it is significantly flawed. The poor have definitely improved their situation, especially if taxes and income support are included, in many...

How does a strong and growing economy lend itself to job uncertainty, debt, bankruptcy, and economic fear for a vast number of Americans? This book answers this great economic question, revealing how today's government policies and spending benefit the wealthy. Johnston shows how, under the...

The thirty-years war -- The puzzling politics of winner-take-all -- The winner-take-all economy -- How the winner-take-all economy was made -- A brief history of Democratic capitalism -- The rise of winner-take-all politics -- The unseen revolution of the 1970s -- The politics of organized...

Preface -- Introduction -- The current rules -- More market power, less competition -- The growth of the financial sector -- The "shareholder revolution", the rise of ceo pay, and the squeezing of workers -- Lower taxes for the wealthy -- The end of full-employment monetary policy -- The...