One Market Under God

One Market Under God

Extreme Capitalism, Market Populism, and the End of Economic Democracy

Book - 2000
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One Market Under Godis a cogent, fiercely entertaining, and often scathing assault on the institutions and pretensions of the new capitalist order and the tyranny of the almighty market. At no other moment in American history have the values of business and the corporation been more nakedly and arrogantly in the ascendant. InOne Market Under God, social critic Thomas Frank examines the morphing of the language of American democracy into the cant and jargon of the marketplace. Combining popular intellectual history with a survey of recent business culture, Frank traces an idea he calls "market populism"-the notion that markets are, in some transcendent way, identifiable with democracy and the will of the people. The belief that any criticism of things as they are is elitist can be seen in management literature, where downsizing and ceaseless, chaotic change are celebrated as victories for democracy; in advertising, where an endless array of brands seek to position themselves as symbols of authenticity and rebellion; on Wall Street, where the stock market is identified as the domain of the small investor and common man; in newspaper publishing, where the vogue for focus-group-guided "civic journalism" is eroding journalistic independence and initiative; and in the right-wing politics of the 1990s and the popular social theories of George Gilder, Lester Thurow, and Thomas Friedman. Frank's counterattack against the onslaught of market propaganda is mounted with the weapons of common sense, a genius for useful ridicule, and the older American values of economic justice and political democracy. Lucid and intellectually probing,One Market Under Godis tinged with anger, betrayal, and a certain hope for the future.
Publisher: New York ; Toronto : Doubleday, c2000
Edition: 1st ed
ISBN: 9780385495035
038549503X
Branch Call Number: 330.122 FRA
Characteristics: xviii, 414 p. ; 22 cm
Alternative Title: 1 market under God

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n
naturalist
Jul 13, 2016

review:
http://ir.uiowa.edu/cgi/viewcontent.cgi?article=1373&context=ijcs
and,
“The Rise of Market Populism: America's New Secular Religion”
by Amada Luker, posted October 26, 2000, UTNE
http://www.utne.com/community/theriseofmarketpopulismamericasnewsecularreligion.aspx

charliehustle Apr 26, 2016

capitalism is awesome it lets everyone make money

serob Apr 25, 2016

In a nutshell, see: https://en.wikipedia.org/wiki/Economic_democracy

EuSei Apr 24, 2016

Economic Democracy? How one can equate economy with a system of government is beyond me.

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