By James Gustave Speth
In this 3rd quantity of his award-winning American hindrance sequence, James Gustave Speth makes his boldest and such a lot bold contribution but. He appears to be like unsparingly on the sea of problems during which the U.S. now reveals itself, charts a direction throughout the discouragement and depression more often than not felt this present day, and envisions what he calls the USA the potential, an enticing and believable destiny that we will be able to nonetheless realize.
The booklet identifies a dozen beneficial properties of the yankee political economy—the country's easy working system—where transformative switch is key. It spells out the explicit alterations which are had to flow towards a brand new political economy—one within which the genuine precedence is to maintain humans and planet. Supported by means of a compelling "theory of switch" that explains how approach switch can come to the United States, the e-book additionally provides a imaginative and prescient of political, social, and financial lifestyles in a renewed the United States. Speth envisions a destiny that might be worth combating for. briefly, this can be a booklet in regards to the American destiny and the powerful hazard that we but have it in ourselves to exploit our freedom and our democracy in strong how one can create whatever tremendous, a reborn the USA, for our youngsters and grandchildren.
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Extra info for America the Possible: Manifesto for a New Economy
And we hope somehow that lightning will strike and events will move in our favor. But it is now abundantly clear that these approaches are not succeeding. The titanic forces unleashed by American capitalism and the Cold War lie behind most of the big challenges America now faces and strongly influence the others. These forces perpetuate existing problems and give rise to new ones. The ceaseless drive for profits, growth, and power and other system imperatives keep the problem spigot fully open.
The ceaseless drive for profits, growth, and power and other system imperatives keep the problem spigot fully open. By not dealing with the root causes—the underlying drivers—the well-trod path of incremental reform cannot deliver the responses needed. Our enfeebled politics are no match for these forces. Progressives endeavor to make the system work for their causes, but many long-term Washington observers, like former Washington Post reporter William Greider, are now skeptical. “The regulatory state has become a deeply flawed governing mess,” he writes in The Soul of Capitalism.
I believe the case is strong that something new will be born. To elaborate, the case for transformation of today’s American capitalism into something truly sustaining of people and planet rests on these propositions: System failure. Today’s system of political economy and its principal product, economic growth, are destructive of the environment, and not in a minor way but in a way that profoundly threatens the planet. Equally, they are not delivering economic and social well-being. 21 Dissatisfaction will multiply.
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