Chapter One - 1

Introduction

    I don’t know nearly enough about political economy to write a comprehensive theory, treatise or textbook about it. So, what follows is none of the above. I think I do know enough to write an introduction to this vast and complicated subject so that the informed citizen or college undergraduate can gain some fresh and/or deeper insights into what is actually going on in this rapidly changing world in which we live.


     Also, I have managed to read a healthy number of books, chapters, articles and essays by some incredibly brilliant people over the years, which have helped me understand better and grasp firmly some essentials and details of this field. Thus, this book will refer to lots of them and include some of them, or parts of them, enough so the reader can see that what I’m saying is not just what I think or know. It is but a distillation and synthesis of many and varied minds and a very large database collected from many scientific and political economic sources that reflect a vast array of disciplines, methodologies and political slants. In other words, this book is my try at presenting The Big Picture that connects a lot of data and expert opinion dots.


     If some of the dots are not totally accurate, so be it. The Big Picture will not be wrong. There is no doubt that many dots are not in this book. So be that as well. To my way of thinking, it would be impossible to be all-inclusive. I’ve selected enough facts and a wide panorama of opinion to make a fairly compelling case, which I present, to the reader for his or her evaluation. I make no claim to perfection, but I think this depiction will help many readers understand much better what has happened in America from its inception to the present day and will be pretty close to what one might expect in the near and intermediate future as far as the American and global political economy may well evolve.