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Toward a New Political Economy for the U.S

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  • Ron Baiman

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    (Center for Tax and Budget Accountability, Chicago, IL)

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    Abstract

    The 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 Info

    Article provided by Union for Radical Political Economics in its journal Review of Radical Political Economics.

    Volume (Year): 42 (2010)
    Issue (Month): 3 (September)
    Pages: 353-362

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    Handle: RePEc:sae:reorpe:v:42:y:2010:i:3:p:353-362

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    Web page: http://www.urpe.org/

    Related research

    Keywords: jobs program; full employment; trade policy; industrial policy; living wage; U.S. manufacturing;

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