70 Year Magazine Archive

Malcontent du Jour

by Jacob Heilbrunn

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One Market Under God: Extreme Capitalism, Market Populism, and the End of Economic Democracy, by Thomas Frank (Doubleday, 414 pp., $26)

THE longer America’s economic boom continues, the more inventive the naysayers have become to explain it away. Already the New Economy has produced a minor cottage industry devoted to complaining about America’s supposed irrational exuberance. But it is probably safe to say that no one has attacked it as cheekily as Thomas Frank. He is hip and cool and authentic—a culture critic who mixes academic theories with smartass prose.

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