America’s Free Market Myths: Debunking Market Fundamentalism

Front Matter....Pages i-viii
Introduction....Pages 1-14
Front Matter....Pages 15-15
Myth 1: America Has Free Markets....Pages 17-33
Myth 2: A Great Wall Separates Politics and the Economy....Pages 35-48
Myth 3: The Less Government, the Better....Pages 49-70
Myth 4: Deregulation Always Improves the Economy....Pages 71-88
Myth 5: The Economy Has Superior Efficiency....Pages 89-108
Front Matter....Pages 109-109
Myth 6: Exceptional Living Standards....Pages 111-125
Myth 7: An Egalitarian Nation....Pages 127-146
Front Matter....Pages 147-147
Myth 8: Free Markets Protect Democracy....Pages 149-170
Myth 9: Corporations Represent Economic Freedom....Pages 171-188
Myth 10: Free Market and Laissez Faire Are the Same....Pages 189-202
Myth 11: A Free Market Nation Does Not Need a Society....Pages 203-219
Front Matter....Pages 221-221
Myth 12: The Government Caused the Crash of 2007–08....Pages 223-235
Myth 13: The Bailouts’ Purpose Was to Save the Free Market Economy....Pages 237-252
Back Matter....Pages 253-303