The Great Equalizer

David Smick

The experts say that America's best days are behind us that mediocre long-term economic growth is baked in the cake and that politically socially and racially the United States will continue to tear itself apart. But David Smick-hedge fund strategist and author of the 2008 bestseller The World Is Curved -argues that the experts are wrong.In recent decades a Corporate Capitalism of top down mismanagement and backroom deal-making has smothered America's innovative spirit. Policy now favours the big the corporate and the status quo at the expense of the small the inventive and the entrepreneurial. The result is that working and middle class Americans have seen their incomes flat-lining and their American Dreams slipping away. In response Smick calls for the great equalizer a Main Street Capitalism of mass small-business startups and bottom-up innovation all unfolding on a level playing field. Introducing a fourteen-point plan of bipartisan reforms for unleashing America's creativity and confidence his forward-thinking book describes a new climate of dynamism where every man and woman is a potential entrepreneur-especially those at the bottom rungs of the economic ladder.Ultimately Smick argues economies are more than statistical measurements of supply and demand economic output and rates of return. Economies are people-their hopes fears dreams and expectations. The Great Equalizer is a call for a set of new paradigms that inspire and empower average American people to reimagine and reboot their economy. It is a manifesto asserting that with a new kind of economic policy America's best days lie ahead.>