The New Era
The New Era
Over the past four decades, the U.S. has gone through one of the most critical periods in its history. From becoming the sole superpower and the leader of the global economy, it has turned into the most indebted country. Dr. Hamdy El-Rayes argues that the root of this economic crisis is a dysfunctional political system, controlled by the Power Triad of multinational corporations, special interest groups, and the Military Industrial Complex.
The book shows that the policies and income inequality that led to the recessions of the ’80s, ’90s and the Great Recession of 2008 are the same ones that caused the bank failures and Great Depression of the 1930s.
The book helps you understand the strategic political and economic mistakes that successive U.S. administrations made, and what you, as an individual and a community, can do to restore democracy and prosperity.
Dr. El-Rayes offers new ideas for good governance, discusses a wide range of solutions, and calls for establishing New Era Community Clubs, where people like you can start dialogues and galvanize communities to restore democracy and prosperity and to transform power from the ruling class and the wealthy elites to ordinary people using non-violent means.
Praise for the Book
“Hamdy El-Rayes brings deep knowledge and perspective to one of the leading issues of our times. Not only does he highlight the problems and the cause of the economic crisis, but he outlines thoughtful solutions for returning democratic countries like the US to prosperity.”
-Peter Klein, Director and Associate Professor at the Graduate School of Journalism & Director of the International Reporting Program at University of British Columbia
“Hamdy El-Rayes has seen the shortcomings of government systems ranging from the outright autocratic Egyptian regime of his youth to the illusory democracies of the U.S. and Canada. Through his special lens, he pierces through the illusions, exposes the real power dynamics, and leaves us with a clear vision of the path forward to build a society that serves all its people.”
-Medea Benjamin, Author and cofounder of CODEPINK