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"In his latest book of interlinked essays, cultural critic Vijay Prashad examines the contradictions of the American economy. He assesses a range of related issues: the oft-vaunted US economy, propped up by the rising debt of poor and middle-class workers; welfare policies that punish those attempting to escape the grip of debt and poverty; and a prison industry that regulates and houses the unemployed, as well as a reserve army of laborers." "Prashad argues that the advent of mass production and advertising has converted citizens into consumers whose desires are captured by the phrase "keeping up with the Joneses." Yet, as Prashad so persuasively demonstrates, "keeping up with the Joneses" is a trap: Americans have gone into massive consumer debt, with the poorest forty percent of the public borrowing money to compensate for stagnant incomes, not to spend on luxuries. Only the richest twenty percent borrow money to invest in stocks. Not surprisingly, in the last few years, income and wealth differentials have risen to record highs. By making crystal-clear connections between the economy, welfare reform and the profit-driven prison industrial complex, Prashad offers a vision for a sustainable and vital anti-imperialist movement."--BOOK JACKET.
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Previews available in: English
Subjects
Debt, Economic conditions, Employment, Prisons, Public welfare, Social Marginality, Social movements, Welfare recipients, Debts, public, united states, Marginality, social, Prisons, united states, Public welfare, united states, United states, economic conditions, 1918-1945, United states, economic conditions, 2001-2009Places
United StatesShowing 3 featured editions. View all 3 editions?
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1
Keeping Up with the Dow Joneses
July 2003, South End Press
Paperback
in English
0896086895 9780896086890
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2
Keeping Up With the Dow Joneses: Debt, Prison, Welfare
June 2003, South End Press
Hardcover
in English
0896086909 9780896086906
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3
Keeping up with the Dow Joneses: debt, prison, workfare
2003, South End Press
in English
0896086909 9780896086906
|
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Book Details
Table of Contents
Edition Notes
Rev. ed. of: American Scheme. 2001.
"First appeared in a much briefer version ... in New Delhi (Summer 2002)"--P [vii].
Includes bibliographical references and index.
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- Created September 20, 2008
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September 12, 2024 | Edited by MARC Bot | import existing book |
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