Recommendations based on "The Precipice Neoliberalism, the Pandemic and the Urgent Need for Radical Change"
Based on your reading history, we think you will also enjoy the following books.
By Daron Acemoglu, James A. Robinson
Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine?Is it culture, the weather, geography? Perhaps ignorance of what the right policies are?Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence?Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities.The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions—with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories.Based on fifteen years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including:- China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West?- Are America’s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority?- What is the most effective way to help move billions of people from the rut of poverty to prosperity? More philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions?Why Nations Fail will change the way you look at—and understand—the world.
By George Packer
Paints a picture of the last thirty years of life in America by following several citizens, including the son of tobacco farmers in the rural south, a Washington insider who denies his idealism for riches, and a Silicon Valley billionaire.
By Kehinde Andrews
" If you want to get beyond gestures and slogans and to the truth, this is the book to get you there" Russell Brand" Kehinde Andrews is a crucial voice walking in a proud tradition of Black radical criticism and action" Akala" An uncompromising account of the roots of racism today" Kimberlé Crenshaw" This clear-eyed analysis insists upon the revolutionary acts of freedom we will need to break out of these systems of violence" Ibram X. KendiThe New Age of Empire takes us back to the beginning of the European Empires, outlining the deliberate terror and suffering wrought during every stage of the expansion, and destroys the self-congratulatory myth that the West was founded on the three great revolutions of science, industry and politics. Instead, genocide, slavery and colonialism are the key foundation stones upon which the West was built, and we are still living under this system America is now at the helm, perpetuating global inequality through business, government, and institutions like the UN, the IMF, the World Bank and the WTO.The West is rich because the Rest is poor. Capitalism is racism. The West congratulations itself on raising poverty by increments in the developing world while ignoring the fact that it created these conditions in the first place, and continues to perpetuate them. The Enlightenment, which underlies every part of our foundational philosophy today, was and is profoundly racist. This colonial logic was and is used to justify the ransacking of Black and brown bodies and their land. The fashionable solutions offered by the white Left in recent years fall far short of even beginning to tackle the West's place at the helm of a racist global order.Offering no easy answers, The New Age of Empire is essential reading to understand our profoundly corrupt global system. A work of essential clarity, The New Age of Empire is a groundbreaking new blueprint for taking Black Radical thought into the twenty-first century and beyond.
By Dariusz Wojcik, Panagiotis Iliopoulos, Stefanos Ioannou, Liam Keenan, Julien Migozzi, Timothy Monteath, Vladimir Pazitka, Morag Torrance, Michael Urban
A unique illustrated exploration of the development of finance that combines data from every part of the world and covers five thousand years of historyFrom the emergence of money in the ancient world to today’s interconnected landscape of high-frequency trading and cryptocurrency, the story of finance has always taken place on an international stage. Finance is one of the most globalized and networked of human activities, and one of the most important social technologies ever invented.This volume, the first visually based book dedicated to finance, uses graphics and maps to bring the complex and abstract world of finance down to earth, showing how geography is fundamental for understanding finance, and vice versa. It illuminates the people—including Adam Smith, Karl Marx, and John Maynard Keynes—who have shaped our thinking about global finance; brings to life the ways that place-specific histories, laws, regulations, and institutions influence finance; shows how finance relates to innovation, globalization, and environmental change; and details how finance plays a key part in drawing the landscape of uneven development, inequality, and instability.The Atlas of Finance, with word and image, will change the way you view both your money and your world.
By Anthony Downs
This book seeks to elucidate its subject - the governing of democratic state - by making intelligible the party politics of democracies. Downs treats this differently than do other students of politics. His explanations are systematically related to, and deductible from, precisely stated assumptions about the motivations that attend the decisions of voters and parties and the environment in which they act. He is consciously concerned with the economy in explanation, that is, with attempting to account for phenomena in terms of a very limited number of facts and postulates. He is concerned also with the central features of party politics in any democratic state, not with that in the United State or any other single country.I. BASIC STRUCTURE OF THE MODEL.1. Introduction.2. Party Motivation and the Function of Government in Society.3. The Basic Logic of Voting.4. The Basic Logic of Government Decision-Making.II. THE GENERAL EFFECTS OF UNCERTAINTY.5. The Meaning of Uncertainty.6. How Uncertainty Affects Government Decision-Making.7. The Development of Political Ideologies as Means of Getting Votes.8. The Statics and Dynamics of Party Ideologies9. Problems of Rationality Under Coalition Governments.10. Government Vote-Maximizing and Individual marginal Equilibrium.III. SPECIFIC EFFECTS OF INFORMATION COSTS.11. The Process of Becoming Informed.12. How Rational Citizens Reduce Information Costs.13. The Returns From Information and Their Diminution.14. The Causes and Effects of Rational Abstention.IV. DERIVATIVE IMPLICATIONS AND HYPOTHESIS.15. A Comment on Economic Theories of Government Behavior.16. Testable Prepositions Derived from the Theory.
By Andrew Fisher
How to focus anti-hunger efforts not on charity but on the root causes of food insecurity, improving public health, and reducing income inequality.Food banks and food pantries have proliferated in response to an economic emergency. The loss of manufacturing jobs combined with the recession of the early 1980s and Reagan administration cutbacks in federal programs led to an explosion in the growth of food charity. This was meant to be a stopgap measure, but the jobs never came back, and the emergency food system became an industry. In Big Hunger, Andrew Fisher takes a critical look at the business of hunger and offers a new vision for the anti-hunger movement.From one perspective, anti-hunger leaders have been extraordinarily effective. Food charity is embedded in American civil society, and federal food programs have remained intact while other anti-poverty programs have been eliminated or slashed. But anti-hunger advocates are missing an essential element of the problem: economic inequality driven by low wages. Reliant on corporate donations of food and money, anti-hunger organizations have failed to hold business accountable for offshoring jobs, cutting benefits, exploiting workers and rural communities, and resisting wage increases. They have become part of a hunger industrial complex that seems as self-perpetuating as the more famous military-industrial complex.Fisher lays out a vision that encompasses a broader definition of hunger characterized by a focus on public health, economic justice, and economic democracy. He points to the work of numerous grassroots organizations that are leading the way in these fields as models for the rest of the anti-hunger sector. It is only through approaches like these that we can hope to end hunger, not just manage it.
By Andrew Ross Sorkin
Shortlisted for the bbc samuel johnson prize 2010 they were masters of the financial universe, flying in private jets and raking in billions. They thought they were too big to fail. Yet they would bring the world to its knees. Andrew ross sorkin, the news-breaking new york times journalist, delivers the first true in-the-room account of the most powerful men and women at the eye of the financial storm - from reviled lehman brothers ceo dick 'the gorilla' fuld, to banking whiz jamie dimon, from bullish treasury secretary hank paulson to aig's joseph cassano, dubbed 'the man who crashed the world'. Through unprecedented access to the key players, sorkin meticulously re-creates frantic phone calls, foul-mouthed rows and white-knuckle panic, as wall street fought to save itself.
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 Todd McGowan
Despite creating vast inequalities and propping up reactionary world regimes, capitalism has many passionate defenders—but not because of what it withholds from some and gives to others. Capitalism dominates, Todd McGowan argues, because it mimics the structure of our desire while hiding the trauma that the system inflicts upon it. People from all backgrounds enjoy what capitalism provides, but at the same time are told more and better is yet to come. Capitalism traps us through an incomplete satisfaction that compels us after the new, the better, and the more.Capitalism's parasitic relationship to our desires gives it the illusion of corresponding to our natural impulses, which is how capitalism's defenders characterize it. By understanding this psychic strategy, McGowan hopes to divest us of our addiction to capitalist enrichment and help us rediscover enjoyment as we actually experienced it. By locating it in the present, McGowan frees us from our attachment to a better future and the belief that capitalism is an essential outgrowth of human nature. From this perspective, our economic, social, and political worlds open up to real political change. Eloquent and enlivened by examples from film, television, consumer culture, and everyday life, Capitalism and Desire brings a new, psychoanalytically grounded approach to political and social theory.
By Quinn Slobodian
'An essential read to understand the times in which we live' - Lea Ypi A revelatory exploration of how today's rightwing authoritarianism emerged not in opposition to neoliberalism, but from within it After the end of the Cold War, neoliberalism, with its belief in the virtues of markets and competition, seemed to have triumphed. Communism had been defeated - and Friedrich Hayek, the spiritual father of neoliberal economics, had just about lived to see it. But in the decades that followed, Hayek's disciples knew that they had a problem. The rise of social movements, from civil rights and feminism to environmentalism, were now proving roadblocks in the road to freedom, nurturing a culture of government dependency, public spending, political correctness and special pleading. Neoliberals needed an antidote. In this illuminating new book, historian Quinn Slobodian reveals how, from the 1990s onwards, neoliberal thinkers turned to nature, in an attempt to roll back social changes and to return to a hierarchy of gender, race and cultural difference. He explores how these thinkers drew on the language of science, from cognitive psychology to genetics, in order to embed the idea of 'competition' ever deeper into social life, and to advocate cultural homogeneity as essential for markets to truly work. Reading and misreading the writings of their sages, Friedrich Hayek and Ludwig von Mises, they forged the alliances with racial psychologists, neoconfederates, ethnonationalists that would become known as the alt-right. Hayek's Bastards shows that many contemporary iterations of the Far Right, from Javier Milei to Donald Trump, emerged not in opposition to neoliberalism, but within it. As repellent as their politics may be, these supposed disruptors are not defectors from the neoliberal order, but its latest cheerleaders.