Hamdy El-Rayes

The New Era: Returning the U.S. to Democracy & Prosperity Hamdy El-Rayes

In this ground breaking book, 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. 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.