The Winner-Take-All Society: Why the Few at the Top Get So Much More Than the Rest of Us


Robert H. Frank - 1995
    earners captured more than 40 percent of the country's total earnings growth, one of the largest shifts any society has endured without a revolution or military defeat. Robert H. Frank and Philip J. Cook argue that behind this shift lies the spread of "winner-take-all markets"—markets in which small differences in performance give rise to enormous differences in reward. Long familiar in sports and entertainment, this payoff pattern has increasingly permeated law, finance, fashion, publishing, and other fields. The result: in addition to the growing gap between rich and poor, we see important professions like teaching and engineering in aching need of more talent. This relentless emphasis on coming out on top—the best-selling book, the blockbuster film, the Super Bowl winner—has molded our discourse in ways that many find deeply troubling.

First as Tragedy, Then as Farce


Slavoj Žižek - 2009
    So why has it not been possible to bring the same forces to bear in addressing world poverty and environmental crisis?In this take-no-prisoners analysis, Slavoj Žižek frames the moral failures of the modern world in terms of the epoch-making events of the first decade of this century. What he finds is the old one-two punch of history: the jab of tragedy, the right hook of farce. In the attacks of 9/11 and the global credit crunch, liberalism dies twice: as a political doctrine, and as an economic theory.First as Tragedy, Then as Farce is a call for the Left to reinvent itself in the light of our desperate historical situation. The time for liberal, moralistic blackmail is over.

The Science of Stock Market Investment - Practical Guide to Intelligent Investors


Chellamuthu Kuppusamy - 2012
    There is nothing wrong with that desire. But you must have known the secrets of avoiding losses. Share Market is a field that has of late developed overwhelmingly. Millions of people invest in it with enthusiasm and are interested in knowing details about this grey area. Sadly, not everyone who invests in it earn profits. Some people who constantly learn end up earning, but those who do not know anything about it and put their trust on luck lose miserably. This book shows the way to avoid losses and increase gains in share market. This comprehensive book touches upon every aspect of stock market investment. A fantastic starting point for anyone aspiring to enter into the unknown world of share market. Even for investors who are already in the market, this book can serve a guide. People say, you either earn or learn in share market. This book preaches the secrets of learning and earning at the same time. This work takes you through an introduction about shares, functioning of share markets, relevance of stock market indices and different approaches for primary & secondary market investments. In also talks about the real qualities of an investor and how he differs from a speculator in the marketplace. Relationship between inflation & investments and the need for achieving inflation adjusted returns are stressed upon. Various stock selection processes, approaches to adapt for different market conditions and more more importantly the art of avoiding losses are discussed in details. You will learn how to analyse a company, its shares, market dynamics, how to value a business, what price to pay for a company etc. All important parameters, numbers and ratios are explained with interesting real time illustrations. Difference between value investing and growth oriented stock selection process is analysed thoroughly, Likewise, fundamental analysis and technical analysis are compared in a rational way. On top of these, this books describe the qualities that differentiate successful investors from ordinary ones. Those qualities are analysed in detail. More importantly, the book stresses the importance of identifying bad companies and unethical management, and teaches how to stay away from them.

The Lights in the Tunnel: Automation, Accelerating Technology and the Economy of the Future


Martin Ford - 2009
    THE LIGHTS IN THE TUNNEL employs a powerful thought experiment to explore the economy of the future. An imaginary "tunnel of lights" is used to visualize the economic implications of the new technologies that are likely to appear in the coming years and decades. The book directly challenges conventional views of the future and illuminates the danger that lies ahead if we do not plan for the impact of rapidly advancing technology. It also shows how the economic realities of the future might offer solutions to issues such as poverty and climate change.

Living Large: From SUVs to Double Ds---Why Going Bigger Isn't Going Better


Sarah Z. Wexler - 2010
    We have XXL cars, homes, and waistlines. We built the world’s tallest monument. We get the largest breast implants. We’re home to the world’s largest retailer, sports stadiums, and office building. But with a deep recession and our nation’s leaders urging us to reassess the impact of our daily lives, it has become impossible to ignore the effects—on our environment, finances, communities, and psyches—of going ever-bigger. By turns funny and incisive, Living Large is a nation-spanning journey into the world of “extreme big,” from North Way Christian Community Church in Wexford, Pennsylvania (one of the 1,300 American megachurches), to Bloomington, Minnesota’s, Mall of America (4.2 million square feet in size); from the Tiffany flagship store in Manhattan (where in the past two decades the average engagement ring diamond has nearly doubled in size), to Whittier, California (home of America's largest landfill).  Wexler’s firsthand reports on going for a breast enlargement consultation, trying to lift the world’s largest ball of twine, getting lost in the country’s largest hotel, talking shop with members of the Hummer Club of America are complemented by interviews with researchers, economists, business owners, critics, and consumers. Living Large offers a fascinating, thought-provoking look at a nation that’s been supersizing for centuries but is only now coming to terms with its appetite for more.

Pipe Dreams: Greed, Ego, and the Death of Enron


Robert Bryce - 2002
    Pipe Dreams" traces Enron's astounding transformation from a small regional gas pipeline company into an energy Goliath--and then tracks step-by-step, business decision by business decision, extramarital affair by extramarital affair, how, when and why the culture of Enron began to go rotten, and who was responsible.

The Class Ceiling: Why it Pays to be Privileged


Sam Friedman - 2019
    But is that really true? This important book takes readers behind the closed doors of elite employers to reveal how class affects who gets to the top. Friedman and Laurison show that a powerful ‘class pay gap’ exists in Britain’s elite occupations. Even when those from working-class backgrounds make it into prestigious jobs, they earn, on average, 16% less than colleagues from privileged backgrounds. But why is this the case? . Drawing on 175 interviews across four case studies - television, accountancy, architecture, and acting – they explore the complex barriers facing the upwardly mobile. This is a rich, ambitious book that demands we take seriously not just the glass but also the class ceiling.

Nervous States: Democracy and the Decline of Reason


William Davies - 2018
    In this bold and far- reaching book, political economist William Davies argues that our increasing reliance on feeling over fact has transformed democracies. The spread of media technology and the intrusion of mass shootings and terrorist attacks into everyday life has reduced a world of logic and fact into one driven by fear and anxiety. As emotions supplant facts in our politics, we lose the basis for consensus among people who otherwise have little in common. Nervous States “sits at the intersection of ongoing debates about post-truth, the assault on reason, the privileging of personal feelings and the rise of populism” (Financial Times) and provides an essential guide to the turbulent times in which we now live.“An insightful and well- written book that explores the deep roots of the current crisis of expertise.” — Yuval Noah Harari, New York Times best-selling author of Sapiens

The Protestant Ethic and the Spirit of Capitalism


Max Weber - 1904
    In this brilliant study (his best-known and most controversial), he opposes the Marxist concept of dialectical materialism and its view that change takes place through "the struggle of opposites." Instead, he relates the rise of a capitalist economy to the Puritan determination to work out anxiety over salvation or damnation by performing good deeds — an effort that ultimately discouraged belief in predestination and encouraged capitalism. Weber's classic study has long been required reading in college and advanced high school social studies classrooms.

Good Work


Ernst F. Schumacher - 1979
    We have convinced ourselves that our technology and large institutions have developed a'i uncontrollable momentum of their own when human experience actually indicates we can both control and redirect them—but only if we realize that the most important single resource is human beings.E. F. Schumacher was the Economic adviser of the National Coal Board in England from 1950 to 1970. German born, in 1930 he went as a Rhodes scholar to study economics at Oxford, and later taught economics at Columbia University. Before his death in 1977 he was a director of the Scott-Bader Company and The Soil Association in England.

The Unconscious Civilization


John Ralston Saul - 1995
    In this intellectual tour de force, Saul argues that the West now toils unconsciously in the grip of a stifling "corporatist" structure that serves the needs of business managers and technocrats as it promotes the segmentation of society into competing interest groups and ethnic blocks.

The Corrosion of Character: The Personal Consequences of Work in the New Capitalism


Richard Sennett - 1996
    . . has concentrated into 176 pages a profoundly affecting argument" (Business Week) that draws on interviews with dismissed IBM executives, bakers, a bartender turned advertising executive, and many others to call into question the terms of our new economy. In his 1972 classic, The Hidden Injuries of Class (written with Jonathan Cobb), Sennett interviewed a man he called Enrico, a hardworking janitor whose life was structured by a union pay schedule and given meaning by his sacrifices for the future. In this new book-a #1 bestseller in Germany-Sennett explores the contemporary scene characterized by Enrico's son, Rico, whose life is more materially successful, yet whose work lacks long-term commitments or loyalties. Distinguished by Sennett's "combination of broad historical and literary learning and a reporter's willingness to walk into a store or factory [and] strike up a conversation" (New York Times Book Review), this book "challenges the reader to decide whether the flexibility of modern capitalism . . . is merely a fresh form of oppression" (Publishers Weekly, starred review). Praise for The Corrosion of Character: "A benchmark for our time."—Daniel Bell "[A]n incredibly insightful book."—William Julius Wilson "[A] remarkable synthesis of acute empirical observation and serious moral reflection."—Richard Rorty "[Sennett] offers abundant fresh insights . . . illuminated by his concern with people's struggle to give meaning to their lives."—[Memphis] Commercial Appeal

Connections


James Burke - 1978
    He untangles the pattern of interconnecting events, the accidents of time, circumstance, and place that gave rise to major inventions of the world. Says Burke, "My purpose is to acquaint the reader with some of the forces that have caused change in the past, looking in particular at eight innovations - the computer, the production line, telecommunications, the airplane, the atomic bomb, plastics, the guided rocket, and television - which may be most influential in structuring our own futures.... Each one of these is part of a family of similar devices, and is the result of a sequence of closely connected events extending from the ancient world until the present day. Each has enormous potential for humankind's benefit - or destruction."

The Refusal of Work: Rethinking Post-Work Theory and Practice


David Frayne - 2015
    Yet for many of us, paid work is at best a frustrating experience. Some of us are burdened with too much work, while others fight the hard realities of precarious, low-paid, low-quality work amid persistent mass unemployment. So what if we rethought the whole system? That’s the ambitious challenge David Frayne takes up in The Refusal of Work. Drawing on substantial empirical research into the lives of people who are actively resisting employment—either by reducing their work hours to the minimum or by giving up work altogether—Frayne delves into the reasons that people disconnect from work, the strategies they develop for coping with not working in a society that demands work, and, perhaps most interestingly, what they do with their free time. The resulting book offers a fascinating portrait of an alternative approach to life under capitalism, and a bracing reminder that a humane and sustainable vision of social progress is possible.

The Managed Heart: Commercialization of Human Feeling


Arlie Russell Hochschild - 1983
    But what happens when this system of adjusting emotions is adapted to commercial purposes? Hochschild examines the cost of this kind of "emotional labor." She vividly describes from a humanist and feminist perspective the process of estrangement from personal feelings and its role as an "occupational hazard" for one-third of America's workforce.