The Crisis of American Neoliberalism, With four decades of neoliberal rule coming to an end, America is at a crossroads. In this powerful book, Thorn Hartmann demystifies neoliberalism and explains how we can use this pivotal point in time to create a more positive future. This book traces the history of neoliberalism-a set of capitalistic philosophies favoring free trade, low taxes on the rich, financial austerity, and deregulation of big business-up to the present day. Hartmann outlines the destructive impact that neoliberalism has had on America, looking at how it has increased poverty, damaged the middle class, and corrupted our nation's politics. America is standing on the edge of a new progressive era. We can continue down the road to neoliberal oligarchy, as supported by many of the nation's billionaires and giant corporations. Or we can choose to return to Keynesian economics and Alexander Hamilton's "American Plan" by raising taxes on the rich, reversing free trade, and building a society that works for all. Book jacket.