Becoming Europe: Economic Decline, Culture, and How America Can Avoid a European Future (Hardcover) (ISBN-13: 9781594036378)

"We're becoming like Europe." This expression captures many Americans' sense that something has changed in American economic life since the Great Recession's onset in 2008: that an economy once characterized by commitments to economic liberty, rule of law, limited government, and personal responsibility has drifted in a distinctly "European" direction.

Americans see, across the Atlantic, European economies faltering under enormous debt; overburdened welfare states; governments controlling close to fifty percent of the economy; high taxation; heavily regulated labor markets; aging populations; and large numbers of public-sector workers. They also see a European political class seemingly unable--and, in some cases, unwilling--to implement economic reform, and seemingly more concerned with preserving its own privileges. Looking at their own society, Americans are increasingly asking themselves: "Is this our future?"

In Becoming Europe, Samuel Gregg examines economic culture--the values and institutions that inform our economic priorities--to explain how European economic life has drifted in the direction of what Alexis de Tocqueville called "soft despotism," and the ways in which similar trends are manifesting themselves in the United States. America, Gregg argues, is not yet Europe; the good news is that economic decline need not be its future. The path to recovery lies in the distinctiveness of American economic culture. Yet there are ominous signs that some of the cultural foundations of America's historically unparalleled economic success are being corroded in ways that are not easily reversible--and the European experience should serve as the proverbial canary in the coal mine.


Author: Samuel Gregg
ISBN-10: 1594036373
ISBN-13: 9781594036378
Publisher: Encounter Books
Language: English
Published: 01/08/2013
Pages: 384
Format: Hardcover
Weight: 1.55lbs
Size: 9.10h x 6.30w x 1.40d

Review Citation(s):
Books & Culture 09/01/2013 pg. 27
Choice 07/01/2014