Books by Monica Prasad

Monica Prasad's powerful demand-side hypothesis addresses three questions: Why does the United States have more poverty than any other developed country? Why did it experience an attack on state intervention in the 1980s, known today as the neoliberal revolution? And why did it recently suffer the greatest economic meltdown in seventy-five years?

Gives a comparative-historical analysis of the development of neoliberal politics in different countries. This book argues that neoliberalism was made possible in the United States and Britain not because the Left in these countries was too weak, but because it was in many respects too strong.