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"Prosperity tells stories about how the lives of the middle class are changing for the better. These are the people who are still being wrongly consigned by prophets of doom and gloom to the sidelines of the new high-tech economy." "These stories bring together the three trends that will be the basis for a new, middle-class prosperity: our $2 trillion investment in computer and communications technology will finally pay off in faster productivity...
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Television is the most influential medium in the history of mankind. More Americans own a TV than have telephones or indoor plumbing. We are 13 times more likely to watch television than read a newspaper or magazine. What Americans watch on the "tube" is what Americans, to a significant extent, learn about life, their society and their nation. Of this there is no dispute. TV profoundly affects its viewers' attitudes on violence, sex, women, gays,...
Description
This journey into the heart of the New Economy combines dramatic tales of high finance with revealing portraits of some of America's most powerful business leaders. Smith depicts the massive power shift in the American economy from major corporate CEOs to Wall Street money managers. This episode features the inside story of the Chase Manhattan-Chemical Bank merger, spiced with a rare behind-the-scenes profile of mutual-fund manager Michael Price,...
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Is the United States losing a war it does not even know it is fighting? Edward N. Luttwak, the nation's most brilliant and controversial strategist writing today, asserts that we are - and that in the new struggle for economic supremacy, the United States could slide down into the status of a Third World country. After the collapse of the Soviet Union, the United States seemed poised to head a "new world order" of peaceful cooperation. But in the...
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The author believes two approaches are currently used in defining the economic policy of a nation: a Rhine model which emphasizes collective achievement and public consensus, and a supply-side model based on individual achievement and short-term profits. Favoring the Rhine approach, he urges the adoption of specific policy changes by the US and other governments, which he believes will lead to a more balanced economy and society.
Description
This program provides a powerful examination of the forces that have contributed to the dismantling of the American economy. The program is based on the research of Pulitzer Prize-winning journalists Donald L. Barrett and James B. Steele, who spent two years interviewing workers in nearly 50 cities in 16 states and Mexico, as well as government officials and corporate managers. The program features Donald Barlett and James Steele, as well as interviews...
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Two contradictory patterns of behavior have worked in concert to shape American history and identity - our willingness to pull up stakes and our determination to put down roots. Over the past fifteen years, the balance has tipped against established communities with shared rituals and traditions.
Leach suggests that a new mentality is emerging, one that challenges our traditional understanding of community and denies its importance. This new cosmopolitanism...
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"The economic rules really have changed, Michael J. Mandel argues - there really is a New Economy. And it's precisely because the rules have changed that the next downturn will be so much worse than expected. The very strengths that drive the New Economy - from the dominance of venture capital to the rapid pace of innovation to the flexibility of the work force - will come back to haunt us." "Mandel begins The Coming Internet Depression by showing...
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With the U.S. economy once again a top priority of policy makers, it is worth understanding that matters are worse than they seem. Output, the traditional "bottom-line" measure of the economy's health, has turned up. The recession of 1990-91 is over. But the tepid recovery leaves much to be desired. Digging deeper, longtime observer of the economy Wallace C. Peterson finds plenty of cause for alarm. Wages, family income, and productivity growth began...
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