The Great Deformation

  • by David Stockman
  • Narrated by William Hughes
  • 36 hrs and 48 mins
  • Unabridged Audiobook

Publisher's Summary

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 best-selling author David Stockman.
David Stockman was the architect of the Reagan Revolution that was 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.

More

What the Critics Say

"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)

More

See More Like This

Customer Reviews

Most Helpful

Heavy on detail but incredibly informative!

The author goes into a lot of detail but the history lesson and overriding points are worth the effort! Put it on 3x listening speed and try to make it to the end!
Read full review

- Mr Alex GOODWILLE

Book Details

  • Release Date: 02-04-2013
  • Publisher: Blackstone Audio, Inc.