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One Market Under God: Extreme Capitalism, Market Populism, and the End of Economic Democracy
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Published:
Knopf Doubleday Publishing Group 2010
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Description
In a book that has been raising hackles far and wide, the social critic Thomas Frank skewers one of the most sacred cows of the go-go '90s: the idea that the new free-market economy is good for everyone.
Frank's target is "market populism"—the widely held belief that markets are a more democratic form of organization than democratically elected governments. Refuting the idea that billionaire CEOs are looking out for the interests of the little guy, he argues that "the great euphoria of the late nineties was never as much about the return of good times as it was the giddy triumph of one America over another." Frank is a latter-day Mencken, as readers of his journal The Baffler and his book The Conquest of Cool know. With incisive analysis, passionate advocacy, and razor-sharp wit, he asks where we are headed—and whether we're going to like it when we get there.
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Format:
Adobe EPUB eBook, Kindle Book, OverDrive Read
Street Date:
02/10/2010
Language:
English
ISBN:
9780307434494
ASIN:
B0037BS30I
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Citations
APA Citation (style guide)

Thomas Frank. (2010). One Market Under God: Extreme Capitalism, Market Populism, and the End of Economic Democracy. Knopf Doubleday Publishing Group.

Chicago / Turabian - Author Date Citation (style guide)

Thomas Frank. 2010. One Market Under God: Extreme Capitalism, Market Populism, and the End of Economic Democracy. Knopf Doubleday Publishing Group.

Chicago / Turabian - Humanities Citation (style guide)

Thomas Frank, One Market Under God: Extreme Capitalism, Market Populism, and the End of Economic Democracy. Knopf Doubleday Publishing Group, 2010.

MLA Citation (style guide)

Thomas Frank. One Market Under God: Extreme Capitalism, Market Populism, and the End of Economic Democracy. Knopf Doubleday Publishing Group, 2010.

Note! Citation formats are based on standards as of July 2022. Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy.
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Date Added:
Jun 12, 2018 16:44:19
Date Updated:
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One Market Under God
fullDescription
In a book that has been raising hackles far and wide, the social critic Thomas Frank skewers one of the most sacred cows of the go-go '90s: the idea that the new free-market economy is good for everyone.
Frank's target is "market populism"—the widely held belief that markets are a more democratic form of organization than democratically elected governments. Refuting the idea that billionaire CEOs are looking out for the interests of the little guy, he argues that "the great euphoria of the late nineties was never as much about the return of good times as it was the giddy triumph of one America over another." Frank is a latter-day Mencken, as readers of his journal The Baffler and his book The Conquest of Cool know. With incisive analysis, passionate advocacy, and razor-sharp wit, he asks where we are headed—and whether we're going to like it when we get there.
reviews
      • premium: False
      • source: Dave Eggers
      • content: "Tom Frank is a brilliant pain in the ass. While you may not agree with all he says herein (I threw the book across the room eleven times), his style is always engaging and very frequently funny, and his message-his violent and merciless destruction of the myths of the New Economy-blasts through our willing ignorance and thus must be heard."
      • premium: False
      • source: Ron Rosenbaum
      • content: "Tom Frank's powerful, incisive, and witty critique of the smug gasbag rhetoric of New Economy gurus like Tom Peters is a work worthy of Mencken and Dwight Macdonald. He doesn't pontificate, he investigates, and his investigation of the link between ad agency 'intellectuals' and 'cult studs' academics, for instance, is a comic tour de force."
      • premium: False
      • source: Earl Shorris
      • content: "Thomas Frank has cracked the market wide open, laying bare the perversion of reality and abuse of language that corporations, stockbrokers, and much of the academy use to hold the nation in thrall. Read this book. Find out what ails us."
      • premium: False
      • source: Kevin Phillips
      • content: "One Market Under God does for the latter-day market worshippers, cyber-hustlers, and New Economy bubble-blowers what Sinclair Lewis did for the Babbitts and Zenith Chambers of Commerce of the Roaring Twenties."
      • premium: False
      • source: Terry Golway
      • content: "At last, a brave, witty dissent from the hype and cant of the so-called New Economy! Thomas Frank's One Market Under God is an astonishingly well-written argument on behalf of American workers who have seen their jobs disappear, their benefits cut, and their incomes reduced in the name of the great global marketplace... One Market Under God tells us what we won't read in our glossy personal finance magazines, or hear on our all-business channels: our economic elites finally are getting their revenge for the New Deal, and have replaced our sense of community with the values of one market, under God."
      • premium: False
      • source: Thomas Geoghegan
      • content: "How is it that our gilded age permitted the shining ideal of the yeoman farmer to be replaced by the grubby reality of the day trader? Thomas Frank is the first historian to try to tell the hard story of how the metaphor of the marketplace has vanquished every domain of modernity."
      • premium: True
      • source: Publisher's Weekly
      • content:

        Starred review from October 2, 2000
        An incisive and incendiary survey of today's cultural, political and economic landscape, social critic Frank's latest salvo conclude, that the New Economy is a fraud, management literature and theory are nothing but self-serving forms of public relations, and that, despite its self-congratulatory commercials, business is not cool. During the recent economic boom, he argues, our nation's hallowed tradition of political populism has morphed into market populism, a reverence for financial success in the marketplace as the ultimate authority of all that is good and true. Frank, founding editor of the Baffler magazine and author of The Conquest of Cool, thinks he knows who is to blame and he names names. The list is long and makes irresistible reading. Distilling vast research into highly readable volleys, he backs up his rage against the received orthodoxies of the New Economy, globalization and free markets with hard facts. He shows the resemblance between the banking crisis of the 1930s and present banking practices and demonstrates that income inequality is on the rise with the richest 10% controlling over 70% of the nation's wealth. Heaping contempt on those he views as old-fashioned hucksters turned out in hipsters' clothing, he nominates such self-proclaimed pundits as George Gilder, the Motley Fools, best-selling author Spencer Johnson and the Body Shop's Anita Roddick to his personal Hall of Shame. A fierce and informed advocate for core American political values, Frank offers a critique of the way business has taken over American society that is especially resonant in this election year.

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Frank's target is "market populism"—the widely held belief that markets are a more democratic form of organization than democratically elected governments. Refuting the idea that billionaire CEOs are looking out for the interests of the little guy, he argues that "the great euphoria of the late nineties was never as much about the return of good times as it was the giddy triumph of one America over another." Frank is a latter-day Mencken, as readers of his journal The Baffler and his book The Conquest of Cool know. With incisive analysis, passionate advocacy, and razor-sharp wit, he asks where we are headed—and whether we're going to like it when we get there.
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