Galbraight's latest book is ‘Inequality and Instability: A Study of the World Economy Just Before the Great Crisis’. Here is the Interview conducted by Philip Pilkington.
The boast that American workers are naturally superior to other workers and would therefore “win” in any fair competition is problematic at best and at worst, a pander to our national delusion of exceptionalism.
A major problem right now is a serious lack of jobs, and there are no businesses that are going to hire additional workers because the government laid off school teachers or firefighters and we cut back spending on food stamps.