A Way Out of No Way: The Economic Prerequisites of the Beloved Community
In December 2012, the U.S. Department of Labor classified 12.2 million persons as officially unemployed. But that's only the tip of the iceberg. Almost 8 million folks were working part time involuntarily and another 6.8 million had simply stopped looking for work. Neither of these latter two groups—almost 27 million people—is included in the official count of the unemployed released on the first Friday of every month. Statistics like these almost make you want to throw your hands up and scream, "There's no way out!" But in A Way Out of No Way: The Economic Prerequisites of the Beloved Community, Michael Greene argues that's the last thing we ought to do. Rather than sink into a deep hole of hopelessness, the author contends that we should return to the economic thought of Martin Luther King Jr. and to the conception of full employment that constitutes the economic bedrock of his Beloved Community. Greene contends that the full employment/right-to-work agenda that King fought and died for is exactly what's needed to put an end to the twin problems of involuntary joblessness and poverty. What's more, and contrary to popular opinion, Greene argues that realizing King's full employment/right-to-work agenda is fiscally feasible and can even be done without appreciably adding to the nation's debt. More generally, the author contends that a King-like response to joblessness and poverty is a route that leads to "a way out of no way."
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A Way Out of No Way: The Economic Prerequisites of the Beloved Community
In December 2012, the U.S. Department of Labor classified 12.2 million persons as officially unemployed. But that's only the tip of the iceberg. Almost 8 million folks were working part time involuntarily and another 6.8 million had simply stopped looking for work. Neither of these latter two groups—almost 27 million people—is included in the official count of the unemployed released on the first Friday of every month. Statistics like these almost make you want to throw your hands up and scream, "There's no way out!" But in A Way Out of No Way: The Economic Prerequisites of the Beloved Community, Michael Greene argues that's the last thing we ought to do. Rather than sink into a deep hole of hopelessness, the author contends that we should return to the economic thought of Martin Luther King Jr. and to the conception of full employment that constitutes the economic bedrock of his Beloved Community. Greene contends that the full employment/right-to-work agenda that King fought and died for is exactly what's needed to put an end to the twin problems of involuntary joblessness and poverty. What's more, and contrary to popular opinion, Greene argues that realizing King's full employment/right-to-work agenda is fiscally feasible and can even be done without appreciably adding to the nation's debt. More generally, the author contends that a King-like response to joblessness and poverty is a route that leads to "a way out of no way."
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A Way Out of No Way: The Economic Prerequisites of the Beloved Community

A Way Out of No Way: The Economic Prerequisites of the Beloved Community

by Michael Greene
A Way Out of No Way: The Economic Prerequisites of the Beloved Community

A Way Out of No Way: The Economic Prerequisites of the Beloved Community

by Michael Greene

eBook

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Overview

In December 2012, the U.S. Department of Labor classified 12.2 million persons as officially unemployed. But that's only the tip of the iceberg. Almost 8 million folks were working part time involuntarily and another 6.8 million had simply stopped looking for work. Neither of these latter two groups—almost 27 million people—is included in the official count of the unemployed released on the first Friday of every month. Statistics like these almost make you want to throw your hands up and scream, "There's no way out!" But in A Way Out of No Way: The Economic Prerequisites of the Beloved Community, Michael Greene argues that's the last thing we ought to do. Rather than sink into a deep hole of hopelessness, the author contends that we should return to the economic thought of Martin Luther King Jr. and to the conception of full employment that constitutes the economic bedrock of his Beloved Community. Greene contends that the full employment/right-to-work agenda that King fought and died for is exactly what's needed to put an end to the twin problems of involuntary joblessness and poverty. What's more, and contrary to popular opinion, Greene argues that realizing King's full employment/right-to-work agenda is fiscally feasible and can even be done without appreciably adding to the nation's debt. More generally, the author contends that a King-like response to joblessness and poverty is a route that leads to "a way out of no way."

Product Details

ISBN-13: 9781630871291
Publisher: Wipf & Stock Publishers
Publication date: 02/18/2014
Sold by: Barnes & Noble
Format: eBook
File size: 2 MB

About the Author

Michael Greene is an ordained clergyperson in the United Methodist Church and lead pastor at Highland Hills United Methodist Church, Dallas, Texas. He has taught at Brite Divinity School at Texas Christian University, Perkins School of Theology at Southern Methodist University, Hollins College, Paul Quinn College, and the University of North Texas. Dr. Greene holds doctorates in economics and religious ethics. His work has appeared in numerous academic journals, including The Review of Black Political Economy, The Journal of Socio-Economics, and Economic Letters.

Table of Contents

Introduction: Is It Really Over? vii

1 Revisiting the New Deal's Full-Employment/Right-to-Work-Agenda 1

2 The Political Economy of Martin Luther King, Jr.: Theological and Ethical Underpinnings 19

3 Full Employment, Right to Work, and the Beloved Community: The Structure and Fundamental Principles of King's Economic Bill of Rights 35

4 The Contribution of William A. Darity, Jr.: A National Investment Employment Corps 49

5 The Contribution of Philip Harvey: An Economic Ethic of Employment Assurance 61

6 The Full-Employment/Right-to-Work Agenda: Lessons Learned 89

Bibliography 97

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