Recommendations based on "The Common Good Economy"

Based on your reading history, we think you will also enjoy the following books.

By Daniel Halliday

Daniel Halliday examines the moral grounding of the right to bequeath or transfer wealth. He engages with contemporary concerns about wealth inequality, class hierarchy, and taxation, while also drawing on the history of the egalitarian, utilitarian, and liberal traditions in political philosophy. He presents an egalitarian case for restricting inherited wealth, arguing that unrestricted inheritance is unjust to the extent that it enables and enhances the intergenerational replication of inequality. Here, inequality is understood in a group-based sense: the unjust effects of inheritance are principally in its tendency to concentrate certain opportunities into certain groups. This results in what Halliday describes as 'economic segregation'. He defends a specific proposal about how to tax inherited wealth: roughly, inheritance should be taxed more heavily when it comes from old money. He rebuts some sceptical arguments against inheritance taxes, and makes suggestions about how tax schemes should be designed.

By Gary Gerstle

The most sweeping account of how neoliberalism came to dominate American politics for nearly a half century before crashing against the forces of Trumpism on the right and a new progressivism on the left.The epochal shift toward neoliberalism--a web of related policies that, broadly speaking, reduced the footprint of government in society and reassigned economic power to private market forces--that began in the United States and Great Britain in the late 1970s fundamentally changed the world. Today, the word "neoliberal" is often used to condemn a broad swath of policies, from prizing free market principles over people to advancing privatization programs in developing nations around the world.To be sure, neoliberalism has contributed to a number of alarming trends, not least of which has been a massive growth in income inequality. Yet as the eminent historian Gary Gerstle argues in The Rise and Fall of the Neoliberal Order, these indictments fail to reckon with the full contours of what neoliberalism was and why its worldview had such persuasive hold on both the right and the left for three decades. As he shows, the neoliberal order that emerged in America in the 1970s fused ideas of deregulation with personal freedoms, open borders with cosmopolitanism, and globalization with the promise of increased prosperity for all. Along with tracing how this worldview emerged in America and grew to dominate the world, Gerstle explores the previously unrecognized extent to which its triumph was facilitated by the collapse of the Soviet Union and its communist allies. He is also the first to chart the story of the neoliberal order's fall, originating in the failed reconstruction of Iraq and Great Recession of the Bush years and culminating in the rise of Trump and a reinvigorated Bernie Sanders-led American left in the 2010s.An indispensable and sweeping re-interpretation of the last fifty years, this book illuminates how the ideology of neoliberalism became so infused in the daily life of an era, while probing what remains of that ideology and its political programs as America enters an uncertain future.

By John J. Mearsheimer

Describes how the remarkable level of material and diplomatic support that the United States provides to Israel is due to the influence of the Israel lobby, which has a far-reaching impact on America's foreign policy decisions throughout the Middle East.

By N. Chomsky

'If I were a voter in Britain, I would vote for [Jeremy Corbyn]' - Noam Chomsky, 2017Who Rules the World is the essential account of geopolitics right now - including an afterword on President Donald TrumpNoam Chomsky: philosopher, political writer, fearless activist. No one has done more to question the hidden actors who govern our lives, calling the powers that be to account. Here he presents Who Rules the World?, his definitive account of those powers, how they work, and why we should be questioning them.From the dark history of the US and Cuba to China's global rise, from torture memos to sanctions on Iran, this book investigates the defining issues of our times and exposes the hypocrisy at the heart of America's policies and actions. The world's political and financial elite are now operating almost totally unconstrained by the so-called democratic structure. With climate change and nuclear proliferation threatening our very survival, dissenting voices have never been more necessary.Fiercely outspoken and rigorously argued, Who Rules the World? is an indispensable guide to how things really are.

By Noam Chomsky, Nathan J. Robinson

'One of the greatest, most radical public thinkers of our time. When the sun sets on the American empire, as it will, as it must, Noam Chomsky's work will survive' Arundhati Roy From one of the world's most prominent thinkers comes an urgent warning of the threat that US power poses to humanity's future The land of the free. The home of the brave. But what has America achieved in the aim of 'spreading democracy' -- except wreak havoc across the globe and establish a reckless foreign policy that serves the interest of few and has endangered all too many? In this timely book, Noam Chomsky writing with Nathan J. Robinson, vividly traces America's pursuit of global domination, offering an incisive critique of the self-serving myths that dominant elites in the United States continue to push. Offering penetrating accounts of Washington's role in the Israeli-Palestinian conflict and the wars in Iraq and Afghanistan, they examine how interventions such as these have been justified with noble stories about humanitarian missions and benevolent intentions but are now driving us closer to wars with Russia and China. At once thorough and devastating, urgent and provocative, The Myth of American Idealism offers a highly readable entry to the conclusions Noam Chomsky has come to after a lifetime of thought and activism. 'The west's most prominent critic of US imperialism . . . the closest thing in the English-speaking world to an intellectual superstar' Guardian

By amartya-sen

The main focus of this book is on the causation of starvation in general and of famines in particular. The author develops the alternative method of analysis--the 'entitlement approach'--concentrating on ownership and exchange, not on food supply. The book also provides a general analysis of the characterization and measurement of poverty. Various approaches used in economics, sociology, and political theory are critically examined. The predominance of distributional issues, including distribution between different occupation groups, links up the problem of conceptualizing poverty with that of analyzing starvation.

By David Harvey

Neoliberalism--the doctrine that market exchange is an ethic in itself, capable of acting as a guide for all human action--has become dominant in both thought and practice throughout much of the world since 1970 or so. Writing for a wide audience, David Harvey, author of The New Imperialism and The Condition of Postmodernity, here tells the political-economic story of where neoliberalization came from and how it proliferated on the world stage. Through critical engagement with this history, he constructs a framework, not only for analyzing the political and economic dangers that now surround us, but also for assessing the prospects for the more socially just alternatives being advocated by many oppositional movements.

By Jane Mayer

NATIONAL BESTSELLER • ONE OF THE NEW YORK TIMES 10 BEST BOOKS OF THE YEAR • Who are the immensely wealthy right-wing ideologues shaping the fate of America today? From the bestselling author of The Dark Side comes an electrifying work of investigative journalism that uncovers the agenda of this powerful group.“Revelatory. . . . Persuasive, timely and necessary.” —The New York TimesIn her new preface, Jane Mayer discusses the results of the most recent election and Donald Trump's victory, and how, despite much discussion to the contrary, this was a huge victory for the billionaires who have been pouring money in the American political system.Why is America living in an age of profound and widening economic inequality? Why have even modest attempts to address climate change been defeated again and again? Why do hedge-fund billionaires pay a far lower tax rate than middle-class workers? In a riveting and indelible feat of reporting, Jane Mayer illuminates the history of an elite cadre of plutocrats—headed by the Kochs, the Scaifes, the Olins, and the Bradleys—who have bankrolled a systematic plan to fundamentally alter the American political system. Mayer traces a byzantine trail of billions of dollars spent by the network, revealing a staggering conglomeration of think tanks, academic institutions, media groups, courthouses, and government allies that have fallen under their sphere of influence. Drawing from hundreds of exclusive interviews, as well as extensive scrutiny of public records, private papers, and court proceedings, Mayer provides vivid portraits of the secretive figures behind the new American oligarchy and a searing look at the carefully concealed agendas steering the nation. Dark Money is an essential book for anyone who cares about the future of American democracy.National Book Critics Circle Award FinalistLA Times Book Prize FinalistPEN/Jean Stein Book Award FinalistShortlisted for the Lukas Prize

By Yanis Varoufakis

A Number One Sunday Times Bestseller What happens when you take on the establishment? In Adults in the Room, the renowned economist and former finance minister of Greece Yanis Varoufakis gives the full, blistering account of his momentous clash with the mightiest economic and political forces on earth. After being swept into power with the left-wing Syriza party, Varoufakis attempts to renegotiate Greece’s relationship with the EU—and sparks a spectacular battle with global implications. Varoufakis’s new position sends him ricocheting between mass demonstrations in Athens, closed-door negotiations in drab EU and IMF offices, and furtive meetings with power brokers in Washington, D.C. He consults and quarrels with Barack Obama, Emmanuel Macron, Christine Lagarde, the economists Larry Summers and Jeffrey Sachs, and others, as he struggles to resolve Greece’s debt crisis without resorting to punishing austerity measures. But despite the mass support of the Greek people and the simple logic of Varoufakis’s arguments, he succeeds only in provoking the fury of Europe’s elite. Varoufakis’s unvarnished memoir is an urgent warning that the economic policies once embraced by the EU and the White House have failed—and spawned authoritarianism, populist revolt, and instability throughout the Western world. Adults in the Room is an extraordinary tale of brinkmanship, hypocrisy, collusion, and betrayal that will shake the global establishment to its foundations.

By Ernst Friedrich Schumacher

Small is Beautiful is E F Schumacher's stimulating and controversial study of world economies. This remarkable book is as relevant today and its themes as pertinent and thought-provoking as when it was first published thirty years ago. Small is Beautiful looks at the economic structure of the Western world in a revolutionary way. Schumacher maintains that Man's current pursuit of profit and progress, which promotes giant organisations and increased specialisation, has in fact resulted in gross economic ineffieciency, environmental pollution and inhumane working conditions. Schumacher challenges the doctrine of economic, technological and scientific specialisation and proposes a system of Intermediate Technology, based on smaller working units, communal ownership and regional workplaces utilising local labour and resources.