Capitalism in America: A History


Alan Greenspan - 2018
    To the extent possible, he has made a science of understanding how the US economy works almost as a living organism--how it grows and changes, surges and stalls. He has made a particular study of the question of productivity growth, at the heart of which is the riddle of innovation. Where does innovation come from, and how does it spread through a society? And why do some eras see the fruits of innovation spread more democratically, and others, including our own, see the opposite?In Capitalism in America, Greenspan distills a lifetime of grappling with these questions into a thrilling and profound master reckoning with the decisive drivers of the US economy over the course of its history. In partnership with the celebrated Economist journalist and historian Adrian Wooldridge, he unfolds a tale involving vast landscapes, titanic figures, triumphant breakthroughs, enlightenment ideals as well as terrible moral failings. Every crucial debate is here--from the role of slavery in the antebellum Southern economy to the real impact of FDR's New Deal to America's violent mood swings in its openness to global trade and its impact. But to read Capitalism in America is above all to be stirred deeply by the extraordinary productive energies unleashed by millions of ordinary Americans that have driven this country to unprecedented heights of power and prosperity. At heart, the authors argue, America's genius has been its unique tolerance for the effects of creative destruction, the ceaseless churn of the old giving way to the new, driven by new people and new ideas. Often messy and painful, creative destruction has also lifted almost all Americans to standards of living unimaginable to even the wealthiest citizens of the world a few generations past. A sense of justice and human decency demands that those who bear the brunt of the pain of change be protected, but America has always accepted more pain for more gain, and its vaunted rise cannot otherwise be understood, or its challenges faced, without recognizing this legacy. For now, in our time, productivity growth has stalled again, stirring up the populist furies. There's no better moment to apply the lessons of history to the most pressing question we face, that of whether the United States will preserve its preeminence, or see its leadership pass to other, inevitably less democratic powers.

Nuclear Energy: What Everyone Needs to Know(r)


Charles D. Ferguson - 2011
    Worries about the dangers that nuclear plants and their radioactive waste posed to nearby communities grew over time, and plant construction in the UnitedStates virtually died after the early 1980s. The 1986 disaster at Chernobyl only reinforced nuclear power's negative image. Yet in the decade prior to the Japanese nuclear crisis of 2011, sentiment about nuclear power underwent a marked change. The alarming acceleration of global warming due to theburning of fossil fuels and concern about dependence on foreign fuel has led policymakers, climate scientists, and energy experts to look once again at nuclear power as a source of energy.In this accessible overview, Charles D. Ferguson provides an authoritative account of the key facts about nuclear energy. What is the origin of nuclear energy? What countries use commercial nuclear power, and how much electricity do they obtain from it? How can future nuclear power plants be madesafer? What can countries do to protect their nuclear facilities from military attacks? How hazardous is radioactive waste? Is nuclear energy a renewable energy source? Featuring a discussion of the recent nuclear crisis in Japan and its ramifications, Ferguson addresses these questions and more inNuclear Energy: What Everyone Needs to Know(R), a book that is essential for anyone looking to learn more about this important issue.What Everyone Needs to Know(R) is a registered trademark of Oxford University Press.

The Culture of the New Capitalism


Richard Sennett - 2006
    He analyzes how changes in work ethic, in our attitudes toward merit and talent, and in public and private institutions have all contributed to what he terms “the specter of uselessness,” and he concludes with suggestions to counter this disturbing new culture.“Hardly any social thinkers have given serious thought to the drastic changes in corporate culture wrought by downsizing, ‘re-orging,’ and outsourcing. Fortunately, the exception—Richard Sennett—is also one of the most insightful public intellectuals we have. In The Culture of the New Capitalism Sennett addresses the new corporate culture with his usual vast erudition, endlessly supple intellect, and firm moral outlook. The result is brilliant, disturbing, and absolutely necessary reading.”—Barbara Ehrenreich, author of Bait and Switch: The (Futile) Pursuit of the American Dream“[Sennett] has brilliantly pushed his thinking. . . . [A] triumph.”—Will Hutton, The Observer“Reflective, studded with sharp insights, moving with grace between big ideas and specific cases. This is vintage Sennett.”—Douglas W. Rae, author of City: Urbanism and Its End“Packed with thought. . . . Profound and challenging. . . . [I am] full of admiration for the subtlety and originality of Richard Sennett’s work.”—Madeleine Bunting, New Statesman

Basic Economics: A Citizen's Guide to the Economy


Thomas Sowell - 2000
    Sowell reveals the general principles behind any kind of economy-capitalist, socialist, feudal, and so on. In readable language, he shows how to critique economic policies in terms of the incentives they create, rather than the goals they proclaim. With clear explanations of the entire field, from rent control and the rise and fall of businesses to the international balance of payments, this is the first book for anyone who wishes to understand how the economy functions.

May at 10


Anthony Seldon - 2019
    May at 10 tells the compelling inside story of the most turbulent period in modern British politics for 100 years.Written by one of Britain’s leading political and social commentators, May at 10 describes how Theresa May arrived in 10 Downing Street in 2016 with the clearest, yet toughest, agenda of any Prime Minister since the Second World War: delivering Brexit. What follows defies belief or historical precedent. This story has never been told.Including a comprehensive series of interviews with May’s closest aides and allies, and with unparalleled access to the advisers who shaped her premiership, Downing Street’s official historian Anthony Seldon decodes the enigma of the Prime Minister’s tenure. Drawing on all his authorial experience, he unpacks what is the most intriguing government and Prime Minister of the modern era.

Why Your World Is about to Get a Whole Lot Smaller: Oil and the End of Globalization


Jeff Rubin - 2009
    Why Your World Is About to Get a Whole Lot Smaller is a powerful and provocative book that explores what the new global economy will look like and what it will mean for all of us. In a compelling and accessible style, Jeff Rubin reveals that despite the recent recessionary dip, oil prices will skyrocket again once the economy recovers. The fact is, worldwide oil reserves are disappearing for good. Consequently, the amount of food and other goods we get from abroad will be curtailed; long-distance driving will become a luxury and international travel rare. Globalization as we know it will reverse. The near future will be a time that, in its physical limits, may resemble the distant past. But Why Your World Is About to Get a Whole Lot Smaller is a hopeful work about how we can benefit-personally, politically, and economically-from this new reality. American industries such as steel and agriculture, for instance, will be revitalized. As well, Rubin prescribes priorities for President Obama and other leaders, from imposing carbon tariffs that will increase competition and productivity, to investing in mass transit instead of car-clogged highways, to forging "green" alliances between labor and management that will be good for both business and the air we breathe. Most passionately, Rubin recommends ways every citizen can secure this better life for himself, actions that will end our enslavement to chain-store taste and strengthen our communities and timeless human values.

Payback: Debt and the Shadow Side of Wealth


Margaret Atwood - 2007
    She doesn’t talk about high finance or managing money; instead, she goes far deeper to explore debt as an ancient and central motif in religion, literature, and the structure of human societies. By looking at how debt has informed our thinking from preliterate times to the present day, from the stories we tell of revenge and sin to the way we order social relationships, Atwood argues that the idea of what we owe may well be built into the human imagination as one of its most dynamic metaphors. Her final lecture addresses the notion of a debt to nature and the need to find new ways of interacting with the natural world before it is too late.

Reimagining Capitalism in a World on Fire


Rebecca Henderson - 2020
    But this success has been costly. Capitalism is on the verge of destroying the planet and destabilizing society as wealth rushes to the top. The time for action is running short.Rebecca Henderson's rigorous research in economics, psychology, and organizational behavior, as well as her many years of work with companies around the world, give us a path forward. She debunks the worldview that the only purpose of business is to make money and maximize shareholder value. She shows that we have failed to reimagine capitalism so that it is not only an engine of prosperity but also a system that is in harmony with environmental realities, the striving for social justice, and the demands of truly democratic institutions. Henderson's deep understanding of how change takes place, combined with fascinating in-depth stories of companies that have made the first steps towards reimagining capitalism, provide inspiring insight into what capitalism can be. Together with rich discussions of important role of government and how the worlds of finance, governance, and leadership must also evolve, Henderson provides the pragmatic foundation for navigating a world faced with unprecedented challenge, but also with extraordinary opportunity for those who can get it right.

The Future of Life


Edward O. Wilson - 2002
    Yet it is so ravaged by human activity that half its species could be gone by the end of the present century. These two contrasting truths—unexpected magnificence and underestimated peril—have become compellingly clear during the past two decades of research on biological diversity.In this dazzlingly intelligent and ultimately hopeful book, Wilson describes what treasures of the natural world we are about to lose forever—in many cases animals, insects, and plants we have only just discovered, and whose potential to nourish us, protect us, and cure our illnesses is immeasurable—and what we can do to save them. In the process, he explores the ethical and religious bases of the conservation movement and deflates the myth that environmental policy is antithetical to economic growth by illustrating how new methods of conservation can ensure long-term economic well-being.The Future of Life is a magisterial accomplishment: both a moving description of our biosphere and a guidebook for the protection of all its species, including humankind.

Rethinking Capitalism: Economics and Policy for Sustainable and Inclusive Growth


Michael Jacobs - 2016
    For decades investment has been falling, living standards have stagnated or declined, and inequality has risen dramatically. Economic policy has neither reformed the financial system nor restored stable growth. Climate change meanwhile poses increasing risks to future prosperity.In this book some of the world's leading economists propose new ways of thinking about capitalism. In clear and compelling prose, each chapter shows how today's deep economic problems reflect the inadequacies of orthodox economic theory and the failure of policies informed by it. The chapters examine a range of contemporary economic issues, including fiscal and monetary policy, financial markets and business behaviour, inequality and privatisation, and innovation and environmental change. The authors set out alternative economic approaches which better explain how capitalism works, why it often doesn't, and how it can be made more innovative, inclusive and sustainable. Outlining a series of far-reaching policy reforms, Rethinking Capitalism offers a powerful challenge to mainstream economic debate, and new ideas to transform it.

Red Sky at Morning: America and the Crisis of the Global Environment


James Gustave Speth - 2004
    What we can—and must—do to succeed. This book will change the way we understand the future of our planet. It is both alarming and hopeful. James Gustave Speth, renowned as a visionary environmentalist leader, warns that in spite of all the international negotiations and agreements of the past two decades, efforts to protect Earth’s environment are not succeeding. Still, he says, the challenges are not insurmountable. He offers comprehensive, viable new strategies for dealing with environmental threats around the world.The author explains why current approaches to critical global environmental problems—climate change, biodiversity loss, deterioration of marine environments, deforestation, water shortages, and others—don’t work. He offers intriguing insights into why we have been able to address domestic environmental threats with some success while largely failing at the international level. Setting forth eight specific steps to a sustainable future, Speth convincingly argues that dramatically different government and citizen action are now urgent. If ever a book could be described as “essential,” this is it.

Now or Never: Why We Must Act Now to End Climate Change and Create a Sustainable Future


Tim Flannery - 2008
    Utilizing the most up-to-the-minute data available, Tim Flannery offers a guided tour of the environmental challenges we face and their potential solutions in both the big picture and in specific detail. He explores everything from techniques for storing the carbon that dead plants release into the earth to the fragile balancing act between energy demands and food supply in India and China, from carbon-trading schemes in South America to a recent collaboration between a Danish wind-energy company and an automobile manufacturer that may produce a viable electric car and end the reign of big oil. Now or Never is a powerful, thought-provoking, and essential book about the most urgent issue of our time. It burns with Flannery’s characteristic mix of passion, scientific precision, and “offhand interdisciplinary brilliance” (Entertainment Weekly).

The End of Doom: Environmental Renewal in the Twenty-first Century


Ronald Bailey - 2015
    They have universally been proven wrong. Meanwhile, those who have bet on human resourcefulness have almost always been correct.In his widely praised book Ecoscam, Ronald Bailey strongly countered environmentalist alarmism, using facts to demonstrate just how wildly overstated many claims of impending ecological doom really were. Now, twenty years later, the Reason Magazine science correspondent is back to assess the future of humanity and the global biosphere. Bailey finds, contrary to popular belief, that many present ecological trends are quite positive. Including: Falling cancer incidence rates in the United States. The likelihood of a declining world population by mid-century. The abundant return of agricultural land to nature as the world reaches peak farmland. A proven link between increases in national wealth and reductions in air and water pollution Global warming is a problem, but the cost of clean energy could soon fall below that of fossil fuels.In The End of Doom, Bailey avoids polemics and offers a balanced, fact-based and ultimately hopeful perspective on our current environmental situation. Now isn't that a breath of fresh air?

After Piketty: The Agenda for Economics and Inequality


Heather Boushey - 2017
    But are its analyses of inequality and economic growth on target? Where should researchers go from here in exploring the ideas Piketty pushed to the forefront of global conversation? A cast of economists and other social scientists tackle these questions in dialogue with Piketty, in what is sure to be a much-debated book in its own right.After Piketty opens with a discussion by Arthur Goldhammer, the book's translator, of the reasons for Capital's phenomenal success, followed by the published reviews of Nobel laureates Paul Krugman and Robert Solow. The rest of the book is devoted to newly commissioned essays that interrogate Piketty's arguments. Suresh Naidu and other contributors ask whether Piketty said enough about power, slavery, and the complex nature of capital. Laura Tyson and Michael Spence consider the impact of technology on inequality. Heather Boushey, Branko Milanovic, and others consider topics ranging from gender to trends in the global South. Emmanuel Saez lays out an agenda for future research on inequality, while a variety of essayists examine the book's implications for the social sciences more broadly. Piketty replies to these questions in a substantial concluding chapter.An indispensable interdisciplinary work, After Piketty does not shy away from the seemingly intractable problems that made Capital in the Twenty-First Century so compelling for so many.

Encountering Development: The Making and Unmaking of the Third World


Arturo Escobar - 1994
    The development apparatus generated categories powerful enough to shape the thinking even of its occasional critics while poverty and hunger became widespread. Development was not even partially deconstructed until the 1980s, when new tools for analyzing the representation of social reality were applied to specific Third World cases. Here Escobar deploys these new techniques in a provocative analysis of development discourse and practice in general, concluding with a discussion of alternative visions for a postdevelopment era.Escobar emphasizes the role of economists in development discourse--his case study of Colombia demonstrates that the economization of food resulted in ambitious plans, and more hunger. To depict the production of knowledge and power in other development fields, the author shows how peasants, women, and nature became objects of knowledge and targets of power under the gaze of experts.