Toward a New Political Economy for the U.S
AbstractThe U.S. economy faces a fundamental structural and institutional crisis that requires major changes in economic policy and far reaching programs including: a) a federally funded permanent living wage jobs program mostly funded through transactions taxes on finance; b) emergency measures to cap and gradually reduce the U.S. trade deficit;c) a transparent and coherent "industrial policy" to increase high value added, competitive manufacturing exports. The goal should be to support "non-predatory" trade and industrial policies that move the U.S. and world economies toward sustainable and balanced trade and development.
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Bibliographic InfoArticle provided by Union for Radical Political Economics in its journal Review of Radical Political Economics.
Volume (Year): 42 (2010)
Issue (Month): 3 (September)
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jobs program; full employment; trade policy; industrial policy; living wage; U.S. manufacturing;
Find related papers by JEL classification:
- E00 - Macroeconomics and Monetary Economics - - General - - - General
- L00 - Industrial Organization - - General - - - General
- H00 - Public Economics - - General - - - General
- F00 - International Economics - - General - - - General
- P00 - Economic Systems - - General - - - General
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