AuthorsLive: Bestselling Author David Stockman
AuthorsLive@GreenwichLibrary presents David Stockman, author of The Great Deformation: The Corruption of Capitalism in America, on Wednesday, March 27 at 7 p.m. in the Cole Auditorium. Stockman's book focuses on a point made increasingly by critics of American politics and capitalism--that politics and special interests are undermining the foundations of our democracy and making fools of us all.
Stockman analyzes how Wall Street, speculators, and government have joined forces to take the economy hostage, punishing savers, inflating Main Street's living costs, and fueling financial bubbles. He takes to task both major political parties. Stockman does not mince words and he names names, identifying a surprising catalog of corrupters and defenders. Stockman will discuss where he believes capitalism went wrong in this country and how it might be restored.
David Stockman was elected as a Michigan congressman in 1976 and joined the Reagan White House in 1981. Serving as budget director, he was one of the key architects of the Reagan Revolution plan to reduce taxes, cut spending, and shrink the role of government. He joined Salomon Brothers in 1985 and later became one of the early partners of the Blackstone Group. During nearly two decades at Blackstone and at a firm he founded, Heartland Industrial Partners, Stockman was a private equity investor. Born in Fort Hood, Texas, Stockman attended Michigan State University and Harvard Divinity School and then went to Washington as a congressional aide in 1970.
AuthorsLive@GreenwichLibrary is made possible through the support of the Greenwich Library Board of Trustees and contributions by generous donors. Books will be available for purchase and signing at each event through Diane's Books. This series is free and open to all, but seating in the Cole Auditorium is limited and will be available on a first come, first served basis. Doors will open at 6:30 p.m. For more information, please contact Marianne Weill at (203) 622-7933 or visit www.greenwichlibrary.org/authorslive.