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America's False Recovery: The Coming Sovereign Debt Crisis and Rise of Democratic Plutocracy
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Bibliographic Detail
Publisher Createspace Independent Pub
Publication date November 18, 2011
Pages 580
Binding Paperback
Book category Adult Non-Fiction
ISBN-13 9781466213999
ISBN-10 146621399X
Dimensions 1.45 by 6.14 by 9.21 in.
Original list price $28.50
Summaries and Reviews
Amazon.com description: Product Description: Using a template of 85 political sermons (like the 85 essays in "The Federalist Papers"), Professor Barnett advocates a new era of financial accountability in "America’s False Recovery." Breaking untilled ground in finance capitalism, the book explains why America's economy must reward productive contributions instead of catering to speculative money. Follow the financial crisis of 2008-2009 through the crash, bailouts, moral hazard, and pseudo-recovery. Learn how a coming sovereign debt crisis will transform America into a democratic plutocracy.

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AMERICA'S FALSE RECOVERY EXPLAINS THE NATURE OF DEMOCRATIC PLUTOCRACY. Democratic plutocracy is a political system where monied elites rule society from behind the veil of democratic appearances. In a democratic plutocracy, the national constitution provides republican institutions, yet the laws of finance and commerce are read so as to liberate elites to manage national affairs for their own benefit. No other book on the 2008-2009 financial crisis so thoroughly examines how finance driven government evolves into coercive democratic plutocracy.

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AMERICA'S FALSE RECOVERY argues that in the coming sovereign debt crisis Americans will lose liberties as well as discretionary income. Austerity is just the beginning (i.e., curtailed government subsidies, increased taxes and stunted economic growth). The American crisis will remove many federal assets from the public domain where Americans currently enjoy them for little cost. The control of many public assets will fall into the hands of the international financial community, thus undermining the quality of life for middle-income Americans.

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ATTRACTIONS AND BENEFITS OF READING AMERICA'S FALSE RECOVERY:

An easy-to-read typeface in a paperback the size of a hardback (580 pages).

Themes are organized to match the progression of events in the 2008-2009 crisis.

The book is divided into 85 chapters, each with a brief conclusion.

This design facilitates profitable reading experiences even when a reader has but ten minutes to spare.

Over 500 endnotes are provided, most which give readers links to analytical news reports.

A carefully designed list of recommended books speeds any researcher's work.

The book's index is designed to highlight matters bearing upon financial morality.

Readers will find Internet searchable content at a website associated with the book.

The book is designed to remain useful to readers during the entire 2011-2030 period.

Alert readers will learn how to avoid financial pitfalls in the larger crisis yet to come.

This is a book with ideas that can help restore America to greatness in due season.

Quite simply, there is no other book like this in America!

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AMERICA'S FALSE RECOVERY helps readers make connections between current events and the timeless Federalist Papers (written by James Madison, Alexander Hamilton and John Jay).

Both books have 85 essays that highlight the components of sound governance.

Both texts warn Americans to be on guard against stealth invasions of the political system that work to undermine fundamental liberties.

Both manuscripts appreciate small but energetic federal government where powers are suitably checked, balanced and made to serve the public good.

Both documents are realistic about human nature, alert to the hazards of ignorance, and insistent about the necessity of public and private virtue.

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AMERICA'S FALSE RECOVERY provides Biblical insights in a handy appendix. The history and utility of political sermons is explained in a preface and second appendix.

The author opposes socialism as an undesirable system that overexpands government. Simultaneously, he advocates redesigning America's capital markets so that a morally just, merit-based distribution of national prosperity results.

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Paperback
Book cover for 9781466213999
 
The price comparison is for this edition
from Createspace Independent Pub (November 18, 2011)
9781466213999 | details & prices | 580 pages | 6.14 × 9.21 × 1.45 in. | List price $28.50
About: Using a template of 85 political sermons (like the 85 essays in "The Federalist Papers"), Professor Barnett advocates a new era of financial accountability in "America’s False Recovery.

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