Galbraith, James K.,
The Real American Model. James K. Galbraith. - Opendemocracy.net, 2003. - SIRS Enduring Issues 2004. Article 17, Business, 1522-3191; .
Articles Contained in SIRS Enduring Issues 2004. Originally Published: The Real American Model, July 2003; pp. n.p..
"The US economic model that commands around a third of the world's wealth fascinates and infuriates Europeans. But both reactions reveal ignorance of its most essential features. The keys to its success lie not in industry, but in those sectors providing social amenities to the middle class--health care, education, housing and pensions: systems of provision that have little to do with the free market." (OPENDEMOCRACY.NET) The author reasons that the European perception of the American economic model has "little foundation in the American reality" and "is useless as a guide to American economic performance" and presents his views on "the real American model."
1522-3191;
Economic forecasting
Education--Higher
Europeans--Attitudes
Housing
Keynesian economics
Labor market
Medical care
Social security
United States--Economic policy
United States--Economic relations--Europe
AC1.S5
050
The Real American Model. James K. Galbraith. - Opendemocracy.net, 2003. - SIRS Enduring Issues 2004. Article 17, Business, 1522-3191; .
Articles Contained in SIRS Enduring Issues 2004. Originally Published: The Real American Model, July 2003; pp. n.p..
"The US economic model that commands around a third of the world's wealth fascinates and infuriates Europeans. But both reactions reveal ignorance of its most essential features. The keys to its success lie not in industry, but in those sectors providing social amenities to the middle class--health care, education, housing and pensions: systems of provision that have little to do with the free market." (OPENDEMOCRACY.NET) The author reasons that the European perception of the American economic model has "little foundation in the American reality" and "is useless as a guide to American economic performance" and presents his views on "the real American model."
1522-3191;
Economic forecasting
Education--Higher
Europeans--Attitudes
Housing
Keynesian economics
Labor market
Medical care
Social security
United States--Economic policy
United States--Economic relations--Europe
AC1.S5
050