Download After the New Economy: The Binge and the Hangover That Won't by Doug Henwood PDF

By Doug Henwood

Filenote: PDF is searchable photograph ocr, 296 pages with front/back conceal and inside of flaps
Publish yr note: First released October 1st 2003

Journalist Doug Henwood's withering postmortem of the hot Economy.

Rarely an afternoon glided by within the dizzy Nineteen Nineties with out a few well-paid pundit heralding the victorious arrival of a "New Economy." based on those monetary experts, an extraordinary technological and organizational revolution had extinguished the specter of recession without end. although a lot of the rhetoric sounds ridiculous at the present time, few analysts have explored how the hot financial system second emerged from deep inside of America's fiscal and ideological machinery—instead, they've most well liked to regard it as an episode of mass delusion.

Now, with wide-spread irreverence and acuity, journalist Doug Henwood dissects the hot economic system, arguing that the delirious optimism used to be truly a manic set of adaptations on historical topics, all promoted from the top of locations. Claims of recent Eras have lots of ancient precedents; during this newest act, our smooth mythmakers held that know-how might overturn hierarchies, democratizing info and finance and best inexorably to a digital social revolution. yet, as Henwood vividly demonstrates, the distance among wealthy and terrible hasn't ever been so broad, wealth by no means so targeted. After the hot economic climate bargains an obtainable and enjoyable account of the less-than-lustrous fact underneath the gloss of the Nineteen Nineties boom.

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