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The Great Deformation by David A. Stockman

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The Great Deformation

Publisher
Blackstone Publishing
Publish Date
2 April 2013
Run Time
36 hours 43 minutes
Format
Audiobook
$13.95

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What to expect

A coruscating, brilliantly insightful exegesis of where capitalism went wrong, how it was corrupted, and how it might be restored, by outspoken former Reagan budget director and bestselling author David Stockman

David Stockman was the architect of the Reagan Revolution meant to restore sound money principles to the United States government. It failed, derailed by politics, special interests, welfare, and warfare. In The Great Deformation, Stockman describes how the working of free markets and democracy has long been under threat in America and provides a surprising nonpartisan catalog of the corrupters and defenders. His analysis overturns the assumptions of Keynesians and monetarists alike, showing how both liberal and neoconservative interference in markets has proved damaging and often dangerous. Over time, crony capitalism has made fools of us all, transforming Republican treasury secretaries into big-government interventionists and populist Democrat presidents into industry-wrecking internationalists. Today's national debt stands at nearly $16 trillion. Divided equally among taxpayers, each of us is $52,000 in debt. This book explains how we got here—and why this warped crony capitalism has betrayed so many of our hopes and dreams.

Critics Review

  • “Even as he indulges his spleen, Stockman produces a persuasive and deeply relevant indictment of a system dangerously akilter…What Stockman has written is a book that makes clear we are that future generation of the past, inheritors of all the wishful thinking, simple illogic, and flawed compromises that produced the near-term benefits our parents and grandparents worried about but ultimately wanted. And now it’s payback time.”

    Washington Post

  • “Stockman performs a real service when he debunks the myths that have been associated with Reagan’s conservatism and promotes Eisenhower’s fiscal and military conservatism…Stockman forcefully conveys enormous amounts of knowledge.”

    Kirkus Reviews

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Details

Author
David A. Stockman
Narrator
William Hughes
Duration
36 hours 43 minutes
Release Date
2 April 2013
ISBN
9781483073446
Format
Audiobook
Publisher
Blackstone Publishing
Genre
Political economy, Business and Management, Accounting, Public finance accounting, Economic history, Political economy, Politics and government

Synopsis

A coruscating, brilliantly insightful exegesis of where capitalism went wrong, how it was corrupted, and how it might be restored, by outspoken former Reagan budget director and bestselling author David StockmanDavid Stockman was the architect of the Reagan Revolution meant to restore sound money principles to the United States government. It failed, derailed by politics, special interests, welfare, and warfare. In The Great Deformation, Stockman describes how the working of free markets and democracy has long been under threat in America and provides a surprising nonpartisan catalog of the corrupters and defenders. His analysis overturns the assumptions of Keynesians and monetarists alike, showing how both liberal and neoconservative interference in markets has proved damaging and often dangerous. Over time, crony capitalism has made fools of us all, transforming Republican treasury secretaries into big-government interventionists and populist Democrat presidents into industry-wrecking internationalists. Today's national debt stands at nearly $16 trillion. Divided equally among taxpayers, each of us is $52,000 in debt. This book explains how we got here—and why this warped crony capitalism has betrayed so many of our hopes and dreams.

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