Forces of Fortune: The Rise of the New Muslim Middle Class and What It Will Mean for Our World


Vali Nasr - 2009
    Now, in Forces of Fortune, Nasr presents a paradigm-changing revelation that will transform the understanding of the Muslim world at large. He reveals that there is a vital but unseen rising force in the Islamic world—a new business-minded middle class—that is building a vibrant new Muslim world economy and that holds the key to winning the cold war against Iran and extremists. Nasr's groundbreaking analysis will utterly rewrite the wisdom about how the West can best contend with the threat of Islamic extremism, as well as about the future we can expect of the Muslim world. The great battle for the soul of Iran, the Arab world, Pakistan, and the entire region will be fought not over religion, Nasr reveals, but over business and capitalism. With a deft combination of historical narrative and eye-opening contemporary on-the-ground reporting from his constant trips to the region, Nasr takes us behind the news, so dominated by the struggle against extremists and the Taliban, to introduce a Muslim world we've not seen—a Muslim world in which the balance of power is being reshaped by an upwardly mobile middle class of entrepreneurs, investors, professionals, and avid consumers, who can tip the scales away from extremist belligerence. His insights into the true situations in Iran, Pakistan, Afghanistan, and the crucial bright spots of Dubai and Turkey provide a whole new way of thinking about the troubles and prospects in the region. Drawing on his in-depth knowledge of the Muslim world's tortured history, Nasr offers a powerful reassessment of why extremism and anti-Americanism took hold in the region—not because of an inevitable "clash of cultures" or the nature of Islam, but because of the failure of this kind of authentic middle class to develop in the nineteenth and twentieth centuries, largely due to the insidious effects first of colonialism and then of top-down dictatorial regimes, often supported by the West. He then shows that the devoutly Islamic yet highly modern Muslims of what he calls the "critical middle"—in Iran, Pakistan, Turkey, and the stealth force behind the extraordinary growth of aggressively capitalist Dubai—are finally the middle class the region has desperately needed. They are building a whole new economy, as the middle classes did in both India and China, and their distinctive blending of Islam and capitalism is the key to bringing about lasting reform and to defeating fundamentalism. They are people in the region the West can and must do business with.Forces of Fortune offers a transformative understanding of the Muslim world and its possible future that is sure to spark lively debate and to play a vital role in bringing about a sea change in thinking about the conflict with Islam.

Disposable People: New Slavery in the Global Economy


Kevin Bales - 1999
    Kevin Bales's disturbing story of contemporary slavery reaches from Pakistan's brick kilns and Thailand's brothels to various multinational corporations. His investigations reveal how the tragic emergence of a "new slavery" is inextricably linked to the global economy. This completely revised edition includes a new preface.All of the author's royalties from this book go to fund antislavery projects around the world.

Why We Can't Afford the Rich


Andrew Sayer - 2014
    Why We Can’t Afford the Rich exposes the unjust and dysfunctional mechanisms that allow the top 1% to siphon off wealth produced by others through the control of property and money. Leading social scientist Andrew Sayer shows how over the past three decades the rich worldwide have increased their ability to hide their wealth, create indebtedness, and expand their political influence. Aimed at all engaged citizens, this important and accessible book uses simple distinctions to burst the myth of the rich as especially talented wealth creators. But more than this, as the risk of runaway climate change grows, it shows how the rich are threatening the planet by banking on unsustainable growth. Forcefully arguing that the crises of economy and climate can only be resolved by radical change, Sayer makes clear that we must make economies sustainable, fair, and conducive to well being for all.

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

The End of Reform: New Deal Liberalism in Recession and War


Alan Brinkley - 1995
    Those origins, says Alan Brinkley, are paradoxically situated during the second term of Franklin Delano Roosevelt, whose New Deal had made liberalism a fixture of American politics and society. The End of Reform shows how the liberalism of the early New Deal--which set out to repair and, if necessary, restructure America's economy--gave way to its contemporary counterpart, which is less hostile to corporate capitalism and more solicitous of individual rights. Clearly and dramatically, Brinkley identifies the personalities and events responsible for this transformation while pointing to the broader trends in American society that made the politics of reform increasingly popular. It is both a major reinterpretation of the New Deal and a crucial map of the road to today's political landscape.

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.

The Great Unraveling: Losing Our Way in the New Century


Paul Krugman - 2001
    One of the world's most respected economists, Krugman has been named America's most important columnist by the Washington Monthly and columnist of the year by Editor and Publisher magazine.A major bestseller, this influential and wide-ranging book has been praised by BusinessWeek as Krugman's "most provocative and compelling effort yet," the New York Review of Books as "refreshing," and Library Journal as "thought-provoking...even funny." The American Prospect put it in vivid terms: "In a time when too few tell it like it is...[Krugman] has taken on the battle of our time."Built from Paul Krugman's influential Op-Ed columns for the New York Times, this book galvanized the reading public. With wit, passion, and a unique ability to explain complex issues in plain English, Krugman describes how the nation has been misled by a dishonest administration.In this long-awaited work containing Krugman's most influential columns along with new commentary, he chronicles how the boom economy unraveled: how exuberance gave way to pessimism, how the age of corporate heroes gave way to corporate scandals, how fiscal responsibility collapsed. From his account of the secret history of the California energy crisis to his devastating dissections of dishonesty in the Bush administration, from the war in Iraq to the looting of California to the false pretenses used to sell an economic policy that benefits only a small elite, Krugman tells the uncomfortable truth like no one else. And he gives us the road map we will need to follow if we are to get the country back on track.The paperback edition features a new introduction as well as new writings.

The Age of Turbulence: Adventures in a New World


Alan Greenspan - 2007
    What would have once meant a crippling shock to the system was absorbed astonishingly quickly, partly due to the efforts of the then Chairman of the Federal Reserve Board, Alan Greenspan. The post 9/11 global economy is a new and turbulent system - vastly more flexible, resilient, open, self-directing, and fast-changing than it was even twenty years ago. The Age of Turbulence is an incomparable reckoning with the nature of this new world - how we got here, what we're living through, and what lies over the horizon, for good or ill, channelled through Greenspan's own experiences working in the command room of the global economy for longer and with greater effect than any other single living figure.

A Nation of Moochers: America's Addiction to Getting Something for Nothing


Charles J. Sykes - 2012
    Increasingly dependent on the efforts of others over our own, Americans are free to freeload. From the corporate bailouts on Wall Street to the alarming increases in personal default and dependency, from questionable tax exemptions to enormous pension, healthcare, and other entitlement costs, the new moocher culture cuts across lines of class, race, and private and public sectors. And the millions that plan and behave sensibly, only to bail out the profligate? They're angry.Charles Sykes' argument is not against compassion or legitimate charity, but targets the new moocher culture, in which self-reliance and personal responsibility have given way to mass grasping after handouts. A Nation of Moochers is a persuasively argued and entertaining rallying cry for Americans who are tired of playing by the rules and paying for those who don't.

Stone Age Economics


Marshall Sahlins - 1974
    When it was originally published in 1974, E. Evans-Pritchard of the Times Literary Supplement noted that this classic study of anthropological economics "is rich in factual evidence and in ideas, so rich that a brief review cannot do it justice; only another book could do that."

The Overworked American: The Unexpected Decline Of Leisure


Juliet B. Schor - 1992
    Juliet Schor presents the astonishing news that over the past twenty years our working hours have increased by the equivalent of one month per year—a dramatic spurt that has hit everybody: men and women, professionals as well as low-paid workers. Why are we—unlike every other industrialized Western nation—repeatedly ”choosing” money over time? And what can we do to get off the treadmill?

The ABCs of Capitalism


Vivek Chibber - 2018
    A series of three ~40-page pamphlets written by Jacobin and Catalyst Magazine explaining capitalism and it's relationship to the state and class struggle.

The Invention of Capitalism: Classical Political Economy and the Secret History of Primitive Accumulation


Michael Perelman - 2000
    But, in the great texts of that discourse, these writers downplayed a crucial requirement for capitalism’s creation: For it to succeed, peasants would have to abandon their self-sufficient lifestyle and go to work for wages in a factory. Why would they willingly do this? Clearly, they did not go willingly. As Michael Perelman shows, they were forced into the factories with the active support of the same economists who were making theoretical claims for capitalism as a self-correcting mechanism that thrived without needing government intervention. Directly contradicting the laissez-faire principles they claimed to espouse, these men advocated government policies that deprived the peasantry of the means for self-provision in order to coerce these small farmers into wage labor. To show how Adam Smith and the other classical economists appear to have deliberately obscured the nature of the control of labor and how policies attacking the economic independence of the rural peasantry were essentially conceived to foster primitive accumulation, Perelman examines diaries, letters, and the more practical writings of the classical economists. He argues that these private and practical writings reveal the real intentions and goals of classical political economy—to separate a rural peasantry from their access to land. This rereading of the history of classical political economy sheds important light on the rise of capitalism to its present state of world dominance. Historians of political economy and Marxist thought will find that this book broadens their understanding of how capitalism took hold in the industrial age.

Riot. Strike. Riot.: The New Era of Uprisings


Joshua Clover - 2016
    Tottenham. Clichy-Sous-Bois. Oakland. Within capital’s core, the riot looms increasingly large within the repertoire of struggles. Rather than inchoate spasms or immiserated absence of the revolutionary idea, this book locates the riot within longue durée of capitalist transformation: facts not failures. Just as the turn to the strike two centuries ago signaled recompositions of class and society, the return of the riot testifies to current possibilities of anticapitalist struggle, featuring radicalized struggle beyond the labor market. Following the post-1600 course “riot-strike-riot,” the book departs from lapsed models of party and revolution, showing how shifting global strategies to restore profitability since the 1970s must inevitably open onto “circulation struggles” which pass through riot, and whose horizon is the commune.

Religion and the Rise of Capitalism


R.H. Tawney - 1926
    H. Tawney addresses the question of how religion has affected social and economic practices. He tracks the influence of religious thought on capitalist economy and ideology since the Middle Ages, shedding light on the question of why Christianity continues to exert a unique role in the marketplace. In so doing, the book offers an incisive analysis of the morals and mores of contemporary Western culture.Religion and the Rise of Capitalism is more pertinent now than ever, as today the dividing line between the spheres of religion and secular business is shifting, blending ethical considerations with the motivations of the marketplace. By examining the period that saw the transition from medieval to modern theories of social organization, Tawney clarifies the most pressing problems of the end of the century. In tough, muscular, richly varied prose, he tells an absorbing and meaningful story. And in his new introduction, which may well be a classic in its own right, Adam Seligman details Tawney's background and the current status of academic thought on these issues, and he provides a comparative analysis of Tawney with Max Weber that will at once delight and inform readers.