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ArtikelTrue Progressivism  
Oleh: [s.n]
Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 405 no. 8806 (Oct. 2012), page 13-14.
Topik: International; Governmental Reform; Political Theory
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: EE29.74
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
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Isi artikelBy the end of the 19th century, the first age of globalization and a spate of new inventions had transformed the world economy. But the Gilded Age was also a famously unequal one, with America's robber barons and Europe's Downton Abbey classes amassing huge wealth: the concept of conspicuous consumption dates back to 1899. The rising gap between rich and poor (and the fear of socialist revolution) spawned a wave of reforms, from Theodore Roosevelt's trust-busting to Lloyd George's People's Budget. Governments promoted competition, introduced progressive taxation and wove the first threads of a social safety net. The aim of this new Progressive era, as it was known in America, was to make society fairer without reducing its entrepreneurial vim. Modern politics needs to undergo a similar reinvention--to come up with ways of mitigating inequality without hurting economic growth.
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