The Great Equalizer

The Great Equalizer

How Main Street Capitalism Can Create An Economy for Everyone

Book - 2017
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"The experts say that America's best days are behind us, that mediocre long-term economic growth is baked in the cake, and that politically, socially, and racially, the United States will continue to tear itself apart. But David Smick--hedge fund strategist and author of the 2008 bestseller The World Is Curved--argues that the experts are wrong. In recent decades, a Corporate Capitalism of top down mismanagement and backroom deal-making has smothered America's innovative spirit. Policy now favors the big, the corporate, and the status quo at the expense of the small, the inventive, and the entrepreneurial. The result is that working and middle class Americans have seen their incomes flat-lining and their American Dreams slipping away. In response, Smick calls for the great equalizer, a Main Street Capitalism of mass small-business startups and bottom-up innovation, all unfolding on a level playing field. Introducing a fourteen-point plan of bipartisan reforms for unleashing America's creativity and confidence, his forward-thinking book describes a new climate of dynamism where every man and woman is a potential entrepreneur--especially those at the bottom rungs of the economic ladder. Ultimately, Smick argues, economies are more than statistical measurements of supply and demand, economic output, and rates of return. Economies are people--their hopes, fears, dreams, and expectations. The Great Equalizer is a call for a set of new paradigms that inspire and empower average American people to reimagine and reboot their economy. It is a manifesto asserting that, with a new kind of economic policy, America's best days lie ahead"--Provided by publisher.
Publisher: New York : PublicAffairs, [2017]
Edition: First edition.
Copyright Date: ©2017
ISBN: 9781610397841
1610397843
Branch Call Number: 338.973 Smi
Characteristics: xxii, 232 pages ; 25 cm

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spl45y7
Nov 16, 2016

Oh joy! Another book about capitalism and free market politics! Let's just screw over all the proletariots again, isn't that the point? or maybe I missed my Freakonimics 305 class... Anyway, let's hashtag this for what it is. Top down #reagonism. Everyone is tired of this. Literally everyone. The last eight years were sponsored by positive change and big government choices. The next four will be a fucking repeat of the 80s, the president Elect's favorite era I'm sure.

So yeah, read this book and understand that it will teach you how to become part of the "master" race. #MIC #PIC #GIF

s
StarGladiator
Nov 14, 2016

OK. . . yeah . . . riiiiigghhtttt . . . but the hedge funds have been warring on small businesses for quite some time - - Dodd-Frank so-called financial reform has destroyed over 1,500 small banks - - lowest new business creation in 80 years - - lowest new bank creation in 80 years - - foundations, trusts, et cetera, war on small and local businesses - - Obama's and Biden's and Hillary's Trans-Pacific Partnership, if passed, would destroy local and small businesses and outlaw the // buy American \\ clause usage forevermore. Haven't read this yet, but author appears oblivious to all these facts and trends.
And here's a microcosm in Washington state: the largest corporations and their foundations are frequently pushing new rules and regulations on small businesses which can ill-afford them, while simultaneously offshoring jobs which damage the national economy and tax base, and receiving major loopholes, further depleting the tax base - - and who are the employers of most people? Small businesses, of course! But that is changing rapidly . . .

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