Recapitalizing America: Alternatives to the Corporate Distortion of National Policy (Routledge Revivals)

First published in 1983, Recapitalizing America (now with a new preface by Donald Tomaskovic-Devey) identifies, criticizes, and offers alternatives to the accepted wisdoms of recapitalization, whose variants include not only Reaganomics and Thatcherism but also the less rigid neo-liberal and even liberal policy proposals likely to supplant them.The authors do not want simply to restore the Keynesian welfare state liberalism of the past, but to change and build beyond it. If the economic ideology of pro-business recapitalization is productivity, the social ideology is the deliberate widening of inequalities and the legitimation of the inegalitarian trends.In opposition to this erosion of support for greater equality, Miller and Tomaskovic-Devey first expose the faulty economic analysis of recapitalization and then propose an alternative economics and politics which are grounded in a commitment to social justice.More specifically, they argue that high-technology jobs cannot solve the pro