Includes bibliographical references (pages 273-278) and index.
Whatever happened to the decades of plenty? -- Taking progress for granted -- The pain of stagnation -- Fixing a broken economy -- Stimulus junkies -- The limits to stimulus : lessons from history -- Loss of trust, loss of growth -- Three schisms -- From economic disappointment to political instability -- Dystopia -- Avoiding dystopia.
An esteemed economist warns that Western societies' economic expectations for the future are about to collide with reality. Drawing on historical parallels, King demonstrates the links between economic stagnation and political and social upheaval, asking whether the West has the courage to take the painful but crucial steps towards a fairer future.