EAN: 9780691190785

DEATHS OF DESPAIR AND THE FUTURE OF CAPITALISM ...

Life expectancy in the United States has recently fallen for three years in a row--a reversal
not seen since 1918 or in any other wealthy nation in modern times. In the past two decades 
deaths of despair from suicide  drug overdose  and alcoholism have risen dramatically  and now
claim hundreds of thousands of American lives each year--and they're still rising. Anne Case
and Angus Deaton  known for first sounding the alarm about deaths of despair  explain the
overwhelming surge in these deaths and shed light on the social and economic forces that are
making life harder for the working class. They demonstrate why  for those who used to prosper
in America  capitalism is no longer delivering. In this critically important book  Case and
Deaton tie the crisis to the weakening position of labor  the growing power of corporations 
and  above all  to a rapacious health-care sector that redistributes working-class wages into
the pockets of the wealthy. Capitalism  which over two centuries lifted countless people out of
poverty  is now destroying the lives of blue-collar America.

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