McDonald's: Behind the Arches

John F. Love, Author Bantam Books $24.5 (0p) ISBN 978-0-553-05127-8
These 16 position papers by government figures and economists (U.S. Representative Obey (D., Wis.), Senator Sarbanes (D., Md.), Walter Heller, Felix Rohatyn, Lester Thurow, et al.) were prepared for a 40th anniversary Congressional symposium on the Employment Act of 1946, which amid uncertain postwar economic prospects, enjoined the Federal Government to ""promote maximum employment, production and purchasing power'' by ``all practicable means.'' The essays survey the Act's achievements and the revolutionary changes since that time in world banking and finance, production technology and marketing processes, which in turn raise alarming questions about current U.S. Federal and trade deficits, slow overall economic growth and increasing resort to offshore production. (``The outcome of industrial competition today will matter powerfully tomorrow.'') There is in general a strong bias here for reexamining laissez-faire Reagan administration policy and reinstituting public activism to promote opportunity in education, employment and beyond. (November 4)
Reviewed on: 09/29/1986
Release date: 10/01/1986
Paperback - 496 pages - 978-0-553-34759-3
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