This book presents the author's assessment of how today's economy, while generating wealth and capable of recovery from recession, is not generating a commensurate expansion in job opportunities. Advances in technology account for this situation, according to Aronomwitz. His analysis and insights boldly and brilliantly challenge the conventional wisdom that technology advancements produce more jobs than they destroy. He also explores the "price of neoliberal globalization, the Reagan revolution, the Clinton 'Boom,' and the downsizing of America." Aronowitz also concludes that an agenda is needed to create the conditions that would "restore our sense of economic well-being and to reverse the incredible power of large corporations..." that, united with political power, is driving down living standards and bringing about an acceptance of authoritarian forms of economic and political rule.
But the author is not technophobic or pessimistic. He is optimistic. He believes what is needed is a reality-based perspective on our economy; one that employs a "tight safety net," creates labor-intensive jobs that expand the "public good," promotes alternative energy resources, and most importantly, revises our paradigm of "full employment" and the "full-time job." He also sees broader, global implications for this big-picture agenda.
The book offers a compelling, concise case for seeing the U.S. economy (and, contextually, the nation as-a-whole) in a new light, based on solid evidence. This is well-reasoned and robust challenge to 'business-as-usual' economic thinking! It casts a bright light on what may be the 800 pound economic and political guerilla of the 21st century.
If a good nonfiction book is one that informs, stimulates thinking, challenges comfortable mindsets, and sparks the imagination, this one passes the test with flying colors.