From Third World to First: The Singapore Story: 1965-2000


Lee Kuan Yew - 2000
    How is it, then, that today the former British colonial trading post is a thriving Asian metropolis with not only the world's number one airline, best airport, and busiest port of trade, but also the world's fourth–highest per capita real income?The story of that transformation is told here by Singapore's charismatic, controversial founding father, Lee Kuan Yew. Rising from a legacy of divisive colonialism, the devastation of the Second World War, and general poverty and disorder following the withdrawal of foreign forces, Singapore now is hailed as a city of the future. This miraculous history is dramatically recounted by the man who not only lived through it all but who fearlessly forged ahead and brought about most of these changes.Delving deep into his own meticulous notes, as well as previously unpublished government papers and official records, Lee details the extraordinary efforts it took for an island city–state in Southeast Asia to survive at that time.Lee explains how he and his cabinet colleagues finished off the communist threat to the fledgling state's security and began the arduous process of nation building: forging basic infrastructural roads through a land that still consisted primarily of swamps, creating an army from a hitherto racially and ideologically divided population, stamping out the last vestiges of colonial–era corruption, providing mass public housing, and establishing a national airline and airport.In this illuminating account, Lee writes frankly about his trenchant approach to political opponents and his often unorthodox views on human rights, democracy, and inherited intelligence, aiming always "to be correct, not politically correct." Nothing in Singapore escaped his watchful eye: whether choosing shrubs for the greening of the country, restoring the romance of the historic Raffles Hotel, or openly, unabashedly persuading young men to marry women as well educated as themselves. Today's safe, tidy Singapore bears Lee's unmistakable stamp, for which he is unapologetic: "If this is a nanny state, I am proud to have fostered one."Though Lee's domestic canvas in Singapore was small, his vigor and talent assured him a larger place in world affairs. With inimitable style, he brings history to life with cogent analyses of some of the greatest strategic issues of recent times and reveals how, over the years, he navigated the shifting tides of relations among America, China, and Taiwan, acting as confidant, sounding board, and messenger for them. He also includes candid, sometimes acerbic pen portraits of his political peers, including the indomitable Margaret Thatcher and Ronald Reagan, the poetry–spouting Jiang Zemin, and ideologues George Bush and Deng Xiaoping.Lee also lifts the veil on his family life and writes tenderly of his wife and stalwart partner, Kwa Geok Choo, and of their pride in their three children –– particularly the eldest son, Hsien Loong, who is now Singapore's deputy prime minister.For more than three decades, Lee Kuan Yew has been praised and vilified in equal measure, and he has established himself as a force impossible to ignore in Asian and international politics. From Third World to First offers readers a compelling glimpse into this visionary's heart, soul, and mind.

The Affluent Society


John Kenneth Galbraith - 1958
    And so, too often, 'the bland lead the bland'. Our unfamiliar problems need a new approach, and the reception given to this famous book has shown the value of its fresh, lively ideas.'A compelling challenge to conventional thought'  The New York Times'He shows himself a truly sensitive and civilized man, whose ideas are grounded in the common culture of the two continents, and may serve as a link between them; his book is of foremost importance for them both'  The Times Literary SupplementJohn Kenneth Galbraith (1908-2006) was a Canadian-American economist. A Keynesian and an institutionalist, Galbraith was a leading proponent of 20th-century American liberalism and progressivism. Galbraith was the author of 30 books, including The Economics of Innocent Fraud, The Great Crash: 1929, and A History of Economics.

The Entrepreneurial State: Debunking Public vs. Private Sector Myths


Mariana Mazzucato - 2011
    Analysing various case studies of innovation-led growth, it describes the opposite situation, whereby the private sector only becomes bold enough to invest after the courageous State has made the high-risk investments.The volume argues that in the history of modern capitalism, the State has generated economic activity that would not otherwise have happened, and has actively opened up new technologies and markets that private investors can later move into. Far from the often heard criticisms of the State potentially 'crowding out' private investments, the State makes them happen, shaping and creating markets, not only 'fixing' them. Ignoring this reality only serves ideological ends, and hurts effective policymaking.This book examines case studies ranging from the advent of the Internet to the emergence of the biotechnology and nanotechnology industries. In particular, the volume debunks the myth that Silicon Valley was created by entrepreneurial venture capital. A key chapter focuses on the State investments behind Apple's success, and reveals that every major technology behind the iPhone owes its source to public funds. Thus, while entrepreneurial individuals like Steve Jobs are needed, their success is nearly impossible without their ability to ride the wave of State investments. And if Europe wants its own Googles, it needs more State action, not less.Two forward-looking chapters focus on the emergence of the next big thing after the internet: the 'green revolution'. Both solar and wind technology are currently being led by State spending, whether through the US ARPA-E programme or the Chinese and Brazilian State investment banks. The discussion refreshingly moves beyond the usual division between proponents of austerity vs. the proponents of fiscal stimulus. It argues that State investments not only help kick-start growth during periods of recession, but that they also, even in boom periods, lead to productive investments in radical new technologies which later foster decades of growth.The book ends with a fundamental question: if the State is so important to investments in high-risk innovation, why does it capture so little direct return?

How to Defend Australia


Hugh White - 2019
    Can Australia defend itself in the Asian century? How seriously ought we take the risk of war? Do we want to remain a middle power? What kind of strategy, and what Australian Defence Force, do we need? In this groundbreaking book, Hugh White considers these questions and more. With exceptional clarity and frankness, he makes the case for a reconceived defence of Australia. Along the way he offers intriguing insights into history, technology and the Australian way of war. Hugh White is the country’s most provocative, revelatory and yet realistic commentator on Australia’s strategic and defence orientation. In an age of power politics and armed rivalry in Asia, it is time for fresh thinking. In this controversial and persuasive contribution, White sets new terms for one of the most crucial conversations Australia needs to have.

An Ordinary Person's Guide to Empire


Arundhati Roy - 2003
    But above all, she aims to remind us that we hold the essence of power and the foundation of genuine democracy—the power of the people to counter their self-appointed leaders’ tyranny.First delivered as fiery speeches to sold-out crowds, together these essays are a call to arms against “the apocalyptic apparatus of the American empire.” Focusing on the disastrous US occupation of Iraq, Roy urges us to recognize—and apply—the scope of our power, exhorting US dockworkers to refuse to load materials war-bound, reservists to reject their call-ups, activists to organize boycotts of Halliburton, and citizens of other nations to collectively resist being deputized as janitor-soldiers to clear away the detritus of the US invasion.Roy’s Guide to Empire also offers us sharp theoretical tools for understanding the New American Empire—a dangerous paradigm, Roy argues here, that is entirely distinct from the imperialism of the British or even the New World Order of George Bush, the elder. She examines how resistance movements build power, using examples of nonviolent organizing in South Africa, India, and the United States. Deftly drawing the thread through ostensibly disconnected issues and arenas, Roy pays particular attention to the parallels between globalization in India, the devastation in Iraq, and the deplorable conditions many African Americans, in particular, must still confront.With Roy as our “guide,” we may not be able to relax from the Sisyphean task of stopping the U.S. juggernaut, but at least we are assured that the struggle for global justice is fortified by Roy’s hard-edged brilliance.

Singapore Is Not An Island: Views On Singapore Foreign Policy


Bilahari Kausikan - 2017
    It is fundamentally about protecting and promoting the country’s interests, preferably by being nice but, if necessary, by other appropriate means.” —Bilahari Kausikan Small states are always vulnerable. It is this sense of vulnerability that keeps Singapore alert. As a small country in Southeast Asia seeking to survive and prosper, Singapore cannot be ordinary. It must be extraordinary. Otherwise, why would anyone want to deal with Singapore rather than with larger countries? Herein lies the central challenge for Singapore in every area, including foreign policy. Singapore is Not An Island: Views on Singapore Foreign Policy is a compilation of essays and public speeches by Bilahari Kausikan over the last 25 years. His is a frank and ispassionate assessment of the geopolitical realities to date, and the uncertainties that have emerged. It is for anyone interested to know about protecting Singapore’s interests, nicely or otherwise, in a rapidly changing and complex world. The book, to be launched on 21 June 2017 by Professor S Jayakumar, will be supported by an aggressive print advertisement campaign in The Straits Times, Business Times and The New Paper from 22 to 30 June 2017. “Bilahari is one of the finest minds in Singapore’s public service. His unvarnished analysis of foreign policy trends is refreshing as are his thoughts on what they portend for Singapore. This collection should interest anyone who seeks an insight to Singapore’s foreign policy.” —Prof S Jayakumar, Former Senior Minister (2009-2011), Deputy Prime Minister (2004–2009) and Minister for Foreign Affairs (1994–2004), Singapore About the Author | Bilahari P S Kausikan is a veteran Singapore diplomat who retired in 2013, after serving in the Ministry of Foreign Affairs (MFA) for 32 years. He was Second Permanent Secretary and subsequently Permanent Secretary of MFA from 2001 to 2013. He is now Ambassador-at-Large. Bilahari is known nationally and internationally for his strategic analyses, and has a following in international foreign policy circles. He has also established a reputation in social media circles, especially among young Singaporeans. About the Editor | Tan Lian Choo joined The Straits Times in 1973 and later reported extensively on Southeast Asia. Winner of the Asia Press Foundation Mitsubishi Asian Journalist of the Year 1984, she was conferred the 1990 Asean Award for Communication for her outstanding achievements and contributions to journalism. In 1995, she joined MFA, serving as the ministry’s first Director of Public Affairs, Spokesperson for the Ministry and Press Secretary to the Foreign Minister. Her latter overseas diplomatic assignments included being Singapore’s Permanent Delegate to UNESCO in Paris (2007–2009) and Head of Mission, Singapore Embassy in Brasilia, Brazil (2012–2015). She retired from the Singapore Foreign Service in 2015.

The Global Minotaur: America, the True Origins of the Financial Crisis and the Future of the World Economy


Yanis Varoufakis - 2011
    Rather, they are symptoms of a much deeper malaise which can be traced all the way back to the Great Crash of 1929, then on through to the 1970s: the time when a ‘Global Minotaur’ was born. Just as the Athenians maintained a steady flow of tributes to the Cretan beast, so the ‘rest of the world’ began sending incredible amounts of capital to America and Wall Street. Thus, the Global Minotaur became the ‘engine’ that pulled the world economy from the early 1980s to 2008.Today’s crisis in Europe, the heated debates about austerity versus further fiscal stimuli in the US, the clash between China’s authorities and the Obama administration on exchange rates are the inevitable symptoms of the weakening Minotaur; of a global ‘system’ which is now as unsustainable as it is imbalanced. Going beyond this, Varoufakis lays out the options available to us for reintroducing a modicum of reason into a highly irrational global economic order.An essential account of the socio-economic events and hidden histories that have shaped the world as we now know it.

Freedom from the Market: America’s Fight to Liberate Itself from the Grip of the Invisible Hand


Mike Konczal - 2021
    And they are all linked, as this brilliant and timely book reveals, by a single question: should we allow the free market to determine our lives?In the tradition of Naomi Klein’s Shock Doctrine, noted economic commentator Mike Konczal answers this question with a resounding no. Freedom from the Market blends passionate political argument and a bold new take on American history to reveal that, from the earliest days of the republic, Americans have defined freedom as what we keep free from the control of the market. With chapters on the history of Homestead Act and land ownership, the eight-hour work day and free time, social insurance and Social Security, World War II day cares, Medicare and desegregation, free public colleges, intellectual property, and the public corporation, Konczal shows how citizens have fought to ensure that everyone has access to the conditions that make us free.At a time when millions of Americans—and more and more politicians—are questioning the unregulated free market as un-American, Freedom from the Market offers a new narrative, and new intellectual ammunition, for the fight that lies ahead.

The Great Transformation: The Political and Economic Origins of Our Time


Karl Polanyi - 1944
    His analysis explains not only the deficiencies of the self-regulating market, but the potentially dire social consequences of untempered market capitalism. New introductory material reveals the renewed importance of Polanyi's seminal analysis in an era of globalization and free trade.

Trade Wars Are Class Wars: How Rising Inequality Distorts the Global Economy and Threatens International Peace


Matthew C. Klein - 2020
    Klein and Michael Pettis show in this book, they are often the unexpected result of domestic political choices to serve the interests of the rich at the expense of workers and ordinary retirees.   Klein and Pettis trace the origins of today’s trade wars to decisions made by politicians and business leaders in China, Europe, and the United States over the past thirty years. Across the world, the rich have prospered while workers can no longer afford to buy what they produce, have lost their jobs, or have been forced into higher levels of debt. In this thought-provoking challenge to mainstream views, the authors provide a cohesive narrative that shows how the class wars of rising inequality are a threat to the global economy and international peace—and what we can do about it.

Saving Capitalism: For the Many, Not the Few


Robert B. Reich - 2004
    Reich, and now he reveals the cycles of power and influence that have perpetuated a new American oligarchy, a shrinking middle class, and the greatest income inequality and wealth disparity in eighty years. He makes clear how centrally problematic our veneration of the "free market" is, and how it has masked the power of the moneyed interests to tilt the market to their benefit. He exposes the falsehoods that have been bolstered by the corruption of our democracy by big corporations and the revolving door between Washington and Wall Street-- that all workers are paid what they're "worth," a higher minimum wage equals fewer jobs, corporations must serve shareholders before employees. Ever the pragmatist, Reich sees hope for reversing our slide toward inequality and diminished opportunity by shoring up the countervailing power of everyone else. Here is a revelatory indictment of our economic status quo and an empowering call to civic action.

Profit Over People: Neoliberalism and Global Order


Noam Chomsky - 1998
    By examining the contradictions between the democratic and market principles proclaimed by those in power and those actually practiced, Chomsky critiques the tyranny of the few that restricts the public arena and enacts policies that vastly increase private wealth, often with complete disregard for social and ecological consequences. Combining detailed historical examples and uncompromising criticism, Chomsky offers a profound sense of hope that social activism can reclaim people's rights as citizens rather than as consumers, redefining democracy as a global movement, not a global market.

China's Civilian Army: The Making of Wolf Warrior Diplomacy


Peter Martin - 2021
    They give a rare perspective on the greatest geopolitical drama of the last half century.In the early days of the People's Republic, diplomats were highly-disciplined, committed communists who feared revealing any weakness to the threatening capitalist world. Remarkably, the model that revolutionary leader Zhou Enlai established continues to this day despite the massive changes the country has undergone in recent decades.Little is known or understood about the inner workings of the Chinese government as the country bursts onto the world stage, as the world's second largest economy and an emerging military superpower. China's Diplomats embody its battle between insecurity and self-confidence, internally and externally. To this day, Chinese diplomats work in pairs so that one can always watch the other for signs of ideological impurity. They're often dubbed China's "wolf warriors" for their combative approach to asserting Chinese interests.Drawing for the first time on the memoirs of more than a hundred retired diplomats as well as author Peter Martin's first-hand reporting as a journalist in Beijing, this groundbreaking book blends history with current events to tease out enduring lessons about the kind of power China is set to become. It is required reading for anyone who wants to understand China's quest for global power, as seen from the inside.

Ten Lessons for a Post-Pandemic World


Fareed Zakaria - 2020
    CNN host and best-selling author Fareed Zakaria helps readers to understand the nature of a post-pandemic world: the political, social, technological, and economic impacts that may take years to unfold.In the form of ten straightforward “lessons,” covering topics from globalization and threat-preparedness to inequality and technological advancement, Zakaria creates a structure for readers to begin thinking beyond the immediate impacts of COVID-19. Ten Lessons for a Post-Pandemic World speaks to past, present, and future, and, while urgent and timely, is sure to become an enduring staple.

The Economists' Hour: False Prophets, Free Markets, and the Fracture of Society


Binyamin Appelbaum - 2019
    In the four decades between 1969 and 2008, these economists played a leading role in reshaping taxation and public spending and clearing the way for globalization. They reshaped the government's approach to regulation, assigning a value to human life to determine which rules are worthwhile. Economists even convinced President Nixon to end military conscription.The United States was the epicenter of the intellectual ferment, but the embrace of markets was a global phenomenon, seizing the imagination of politicians in countries including the United Kingdom, Chile and New Zealand.This book is also a reckoning. The revolution failed to deliver on its central promise of increased prosperity. In the United States, growth has slowed in every successive decade since the 1960s. And the cost of the failure was steep. Policymakers traded well-paid jobs for low-cost electronics; the loss of work weakened the fabric of society and of democracy. Soaring inequality extends far beyond incomes: Life expectancy for less affluent Americans has declined in recent years. And the focus on efficiency has come at the expense of the future: Lower taxes instead of education and infrastructure; limited environmental regulation as oceans rise and California burns.