Illusions of Prosperity

Faith in the free market--the idea that profit seeking, managed care companies will improve the health care delivery system--has become a hot topic in the public policy debate. But, as Joel Blau demonstrates in this splendid work, so-called 'free market' programs have been a dismal failure. Here, he launches a far-reaching assault on the idea that 'the market' knows best. He looks at recent reforms in NAFTA, education, job training, welfare, and much more, showing that the new social policies have made matters worse and calling for a stronger, more caring government to counter the debilitating effects of the market. He also urges the development of the broadest possible political alliances to ensure economic security. Sure to raise controversy, this book turns today's conventional wisdom inside out, making a profound case for the importance of a strong government in a world where markets do not have all the answers.