The Great Deformation: The Corruption of Capitalism in America

Description

"The Great Deformation: The Corruption of Capitalism in America" by David Stockman offers a critical analysis of the economic and political forces that have distorted capitalism in the United States. Stockman, a former congressman and director of the Office of Management and Budget, argues that decades of fiscal irresponsibility, monetary manipulation, and crony capitalism have led to economic instability and inequality. He traces the roots of these problems to key historical events, policy decisions, and influential figures, illustrating how government interventions and financial excesses have undermined free-market principles. The book provides a detailed critique of the Federal Reserve, Wall Street, and the political establishment, advocating for a return to sound money and fiscal discipline. Through extensive research and sharp commentary, Stockman presents a provocative perspective on the deep-seated issues plaguing the American economic system.