INDIA’S TRYST WITH DESTINY - DEBUNKING MYTHS THAT UNDERMINE PROGRESS AND ADDRESSING NEW CHALLENGES


Jagdish N. Bhagwati - 2012
    

Fully Automated Luxury Communism: A Manifesto


Aaron Bastani - 2018
    Automation, rather than undermining an economy built on full employment, is instead the path to a world of liberty, luxury and happiness—for everyone. Technological advance will reduce the value of commodities—food, healthcare and housing—towards zero.Improvements in renewable energies will make fossil fuels a thing of the past. Asteroids will be mined for essential minerals. Genetic editing and synthetic biology will prolong life, virtually eliminate disease and provide meat without animals. New horizons beckon.In Fully Automated Luxury Communism, Aaron Bastani conjures a vision of extraordinary hope, showing how we move to energy abundance, feed a world of 9 billion, overcome work, transcend the limits of biology, and establish meaningful freedom for everyone. Rather than a final destination, such a society merely heralds the real beginning of history.

The Political Economy of Slavery: Studies in the Economy and Society of the Slave South


Eugene D. Genovese - 1965
    A stimulating analysis of the society and economy in the slave south.

The Gift: The Form and Reason for Exchange in Archaic Societies


Marcel Mauss - 1923
    The gift is a perfect example of what Mauss calls a total social phenomenon, since it involves legal, economic, moral, religious, aesthetic, and other dimensions. He sees the gift exchange as related to individuals and groups as much as to the objects themselves, and his analysis calls into question the social conventions and economic systems that had been taken for granted for so many years. In a modern translation, introduced by distinguished anthropologist Mary Douglas, The Gift is essential reading for students of social anthropology and sociology.

The Chinese


Jasper Becker - 1991
    For nearly two decades Becker has lived in China, and reported from areas where most visitors do not reach. Here he is at his most candid, reporting from all over the country: from tiny, crowded homes in the swollen cities of the southeast rim to a vast, secret network of thousands of defense bunkers in the northwest. He exposes Chinese society in all of its layers: from remote, illiterate peasants; to the rising classes of businessmen; to local despots; the twenty grades of Party apparatchicks; to the dominant, comparatively small caste of Party leaders who are often ignorant of the people they rule.Becker lets the Chinese speak for themselves, in voices that are rich and moving. He teaches a great deal about the magnitude--and the false face--of China's vaunted economic boom, and further shows the pervasive institutionalized crime that has risen out of economic poverty. In all, Becker reveals a China very different than our long-held assumptions depict. The Chinese is the hidden story of people of the world's largest nation--a nation so poorly understood and so vital to the future.

The Future of Capitalism: Facing the New Anxieties


Paul Collier - 2018
    As these divides deepen, we have lost the sense of ethical obligation to others that was crucial to the rise of post-war social democracy. So far these rifts have been answered only by the revivalist ideologies of populism and socialism, leading to the seismic upheavals of Trump, Brexit, and the return of the far-right in Germany. We have heard many critiques of capitalism but no one has laid out a realistic way to fix it, until now.In a passionate and polemical book, celebrated economist Paul Collier outlines brilliantly original and ethical ways of healing these rifts—economic, social and cultural—with the cool head of pragmatism, rather than the fervor of ideological revivalism. He reveals how he has personally lived across these three divides, moving from working-class Sheffield to hyper-competitive Oxford, and working between Britain and Africa, and acknowledges some of the failings of his profession.Drawing on his own solutions as well as ideas from some of the world’s most distinguished social scientists, he shows us how to save capitalism from itself—and free ourselves from the intellectual baggage of the twentieth century.

The Invisible Hook: The Hidden Economics of Pirates


Peter T. Leeson - 2009
    With swashbuckling irreverence and devilish wit, Peter Leeson uncovers the hidden economics behind pirates’ notorious, entertaining, and sometimes downright shocking behavior. Why did pirates fly flags of Skull & Bones? Why did they create a “pirate code”? Were pirates really ferocious madmen? And what made them so successful? The Invisible Hook uses economics to examine these and other infamous aspects of piracy. Leeson argues that the pirate customs we know and love resulted from pirates responding rationally to prevailing economic conditions in the pursuit of profits.The Invisible Hook looks at legendary pirate captains like Blackbeard, Black Bart Roberts, and Calico Jack Rackam, and shows how pirates’ search for plunder led them to pioneer remarkable and forward-thinking practices. Pirates understood the advantages of constitutional democracy — a model they adopted more than fifty years before the United States did so. Pirates also initiated an early system of workers’ compensation, regulated drinking and smoking, and in some cases practiced racial tolerance and equality. Leeson contends that pirates exemplified the virtues of vice — their self-seeking interests generated socially desirable effects and their greedy criminality secured social order. Pirates proved that anarchy could be organized.Revealing the democratic and economic forces propelling history’s most colorful criminals, The Invisible Hook establishes pirates’ trailblazing relevance to the contemporary world.

The Argument: Billionaires, Bloggers, and the Battle to Remake Democratic Politics


Matt Bai - 2007
    The New Dealers had one. So did the Goldwater conservatives. So what's the progressive argument? What new path are Democrats urging us to choose in the era of Wal-Mart, Al Qaeda, and YouTube? Matt Bai seeks answers in The Argument, a book that brings you deep inside the turbulent, confusing new world of Democratic politics, where billionaires and bloggers are battling politicians and consultants over the future of a once-great party. Beginning with the devastating election of 2004 and ending with an unexpected triumph in the 2006 congressional elections and the run-up to the 2008 campaign, Bai's book follows such memorable power brokers as Howard Dean, the billionaire George Soros, the union leader Andy Stern, the blogger Markos Moulitsas, and the leaders of moveon.org as they vie for control of the new Democratic landscape. In the pages of The Argument, we are introduced to these activists not just as political figures but as fascinating and flawed characters-ordinary people motivated by ideology or ambition or even personal tragedy. At stake is the future of the Democratic Party and, quite possibly, of American politics itself. At a time when assorted pundits offer their ownprescriptions for Democratic success in the 2008 presidential election, Bai uses rich narrative and vivid portraits to illuminate the party's challenges. In scene after scene from around the country-with union bosses in Chicago, with Dean in Alaska, with movie stars in Hollywood and financiers in New York-Bai reveals a movement that is learning how to win again, even as it struggles to articulate a compelling argument for progressive government in a confusing new century. Readers of The Argument will recognize the unsparing insight and gift for storytelling that have made Matt Bai one of the country's most widely read observers of the American political scene-and its most trusted authority on the Democratic Party.

The Servant Economy: Where America's Elite is Sending the Middle Class


Geoffrey P. Faux - 2012
    So how can they continue down the same road? The simple answer, that no in charge one wants to publicly acknowledge: because things are still pretty great for the people who run America. It was an accident of history, Jeff Faux explains, that after World War II the U.S. could afford a prosperous middle class, a dominant military, and a booming economic elite at the same time. For the past three decades, all three have been competing, with the middle class always losing. Soon the military will decline as well.The most plausible projections Faux explores foresee a future economy nearly devoid of production and exports, with the most profitable industries existing to solely to serve the wealthiest 1%The author's last book, The Global Class War, sold over 20,000 copies by correctly predicting the permanent decline of our debt-burdened middle class at the hands of our off-shoring executives, out of control financiers, and their friends in WashingtonSince his last book, Faux is repeatedly asked what either party will do to face these mounting crises. After looking over actual policies, proposed plans, non-partisan reports, and think tank papers, his astonishing conclusion: more of the same.

What Is Property?


Pierre-Joseph Proudhon - 1840
    

Phishing for Phools: The Economics of Manipulation and Deception


George A. Akerlof - 2015
    In Phishing for Phools, Nobel Prize-winning economists George Akerlof and Robert Shiller deliver a fundamental challenge to this insight, arguing that markets harm as well as help us. As long as there is profit to be made, sellers will systematically exploit our psychological weaknesses and our ignorance through manipulation and deception. Rather than being essentially benign and always creating the greater good, markets are inherently filled with tricks and traps and will phish us as phools.Phishing for Phools therefore strikes a radically new direction in economics, based on the intuitive idea that markets both give and take away. Akerlof and Shiller bring this idea to life through dozens of stories that show how phishing affects everyone, in almost every walk of life. We spend our money up to the limit, and then worry about how to pay the next month's bills. The financial system soars, then crashes. We are attracted, more than we know, by advertising. Our political system is distorted by money. We pay too much for gym memberships, cars, houses, and credit cards. Drug companies ingeniously market pharmaceuticals that do us little good, and sometimes are downright dangerous.Phishing for Phools explores the central role of manipulation and deception in fascinating detail in each of these areas and many more. It thereby explains a paradox: why, at a time when we are better off than ever before in history, all too many of us are leading lives of quiet desperation. At the same time, the book tells stories of individuals who have stood against economic trickery--and how it can be reduced through greater knowledge, reform, and regulation.

The Problem with Work: Feminism, Marxism, Antiwork Politics, and Postwork Imaginaries


Kathi Weeks - 2011
    While progressive political movements, including the Marxist and feminist movements, have fought for equal pay, better work conditions, and the recognition of unpaid work as a valued form of labor, even they have tended to accept work as a naturalized or inevitable activity. Weeks argues that in taking work as a given, we have “depoliticized” it, or removed it from the realm of political critique. Employment is now largely privatized, and work-based activism in the United States has atrophied. We have accepted waged work as the primary mechanism for income distribution, as an ethical obligation, and as a means of defining ourselves and others as social and political subjects. Taking up Marxist and feminist critiques, Weeks proposes a postwork society that would allow people to be productive and creative rather than relentlessly bound to the employment relation. Work, she contends, is a legitimate, even crucial, subject for political theory.

The Theft of a Decade: How the Baby Boomers Stole the Millennials' Economic Future


Joseph C. Sternberg - 2019
    The millennial generation was the unfortunate victim of several generations of economic theories that made life harder for them than it was for their grandparents. Then came the crash of 2008, and the Boomer generation's reaction to it was brutal: politicians and policy makers made deliberate decisions that favored the interests of the Boomer generation over their heirs, the most egregious being over the use of monetary policy, fiscal policy and regulation. For the first time in recent history, policy makers gave up on investing for the future and instead mortgaged that future to pay for the ugly economic sins of the present. This book describes a new economic crisis, a sinister tectonic shift that is stealing a generation's future.

The Third Industrial Revolution: How Lateral Power Is Transforming Energy, the Economy, and the World


Jeremy Rifkin - 2011
    The price of gas and food are climbing, unemployment remains high, the housing market has tanked, consumer and government debt is soaring, and the recovery is slowing. Facing the prospect of a second collapse of the global economy, humanity is desperate for a sustainable economic game plan to take us into the future.Here, Jeremy Rifkin explores how Internet technology and renewable energy are merging to create a powerful "Third Industrial Revolution." He asks us to imagine hundreds of millions of people producing their own green energy in their homes, offices, and factories, and sharing it with each other in an "energy internet," just like we now create and share information online.Rifkin describes how the five-pillars of the Third Industrial Revolution will create thousands of businesses, millions of jobs, and usher in a fundamental reordering of human relationships, from hierarchical to lateral power, that will impact the way we conduct commerce, govern society, educate our children, and engage in civic life.Rifkin's vision is already gaining traction in the international community. The European Union Parliament has issued a formal declaration calling for its implementation, and other nations in Asia, Africa, and the Americas, are quickly preparing their own initiatives for transitioning into the new economic paradigm.The Third Industrial Revolution is an insider's account of the next great economic era, including a look into the personalities and players -- heads of state, global CEOs, social entrepreneurs, and NGOs -- who are pioneering its implementation around the world.

The Precariat: The New Dangerous Class


Guy Standing - 2011
    In this book Guy Standing introduces what he calls the Precariat - a growing number of people across the world living and working precariously, usually in a series of short-term jobs, without recourse to stable occupational identities, stable social protection or protective regulations relevant to them. They include migrant workers, but also locals.Standing argues that this class of people could produce new instabilities in society. They are increasingly frustrated and dangerous because they have no voice, and hence they are vulnerable to the siren calls of extreme political parties. He outlines a new kind of good society, with more people actively involved in civil society and the precariat re-engaged. He goes on to consider one way to a new better society -- an unconditional basic wage for everyone, contributed by the state, which could be topped up through employment.This is a topical, and a radical book, which will appeal to a broad market concerned by the increasing problems of job insecurity and civic disengagement.Guy Standing, professor of development studies at the University of London, offers an unprecedented, necessary and articulate examination of a dominant, crucial consequence of globalization: the creation and maintenance of a seemingly permanent, worldwide, growing underclass of migrant, underpaid, exploited, short-term workers, the “precariat.” Their jobs and social positions are just that: precarious. This group includes millions of people from rural China who flock to the cities to work for low wages, women in many places working service jobs without contracts, and youth disenfranchised by a lack of opportunities for a career or even a stable job. Standing explains how globalization forced them into this way of life and argues for their reintegration into mainstream society. While always politically neutral, getAbstract recommends his important, eye-opening and groundbreaking report to students, NGO officials, policy makers, CEOs, HR personnel, and anyone delving into business, politics and the consequences of globalization.