Book picks similar to
The World Economy: A Millennial Perspective by Angus Maddison
history
economics
economic-history
economy
Why I Write (Great Ideas #020)
George Orwell - 1946
Whether puncturing the lies of politicians, wittily dissecting the English character or telling unpalatable truths about war, Orwell's timeless, uncompromising essays are more relevant, entertaining and essential than ever in today's era of spin.Contents:"Why I Write", first published 1946"The Lion and the Unicorn", first published 1940"A Hanging", first published 1931"Politics and the English Language", first published 1946
Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy
Michael Hudson - 2013
The essence of parasitism is not only to drain the host’s nourishment, but also to dull the host’s brain so that it does not recognize that the parasite is there.This is the illusion that much of Europe and the United States suffer under today. The aim of this book is to pierce this illusion and replace junk economics with economics based on reality. In Killing the Host, Michael Hudson argues that financial crises will continue unless we radically transform our economic and political structures, and reclaim the best ideas of classical economics.Ominous, yet clear-eyed and prophetic, Hudson provides viable solutions to our economic problems, at a time when politicians have shown themselves unable to understand our economy much less fix it.
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.
MITI and the Japanese Miracle: The Growth of Industrial Policy, 1925-1975
Chalmers Johnson - 1982
Although MITI was not the only important agent affecting the economy, nor was the state as a whole always predominant, I do not want to be overly modest about the importance of this subject. The particular speed, form, and consequences of Japanese economic growth are not intelligible without reference to the contributions of MITI. Collaboration between the state and big business has long been acknowledged as the defining characteristic of the Japanese economic system, but for too long the state's role in this collaboration has been either condemned as overweening or dismissed as merely supportive, without anyone's ever analyzing the matter.The history of MITI is central to the economic and political history of modern Japan. Equally important, however, the methods and achievements of the Japanese economic bureaucracy are central to the continuing debate between advocates of the communist-type command economies and advocates of the Western-type mixed market economies. The fully bureaucratized command economies misallocate resources and stifle initiative; in order to function at all, they must lock up their populations behind iron curtains or other more or less impermeable barriers. The mixed market economies struggle to find ways to intrude politically determined priorities into their market systems without catching a bad case of the "English disease" or being frustrated by the American-type legal sprawl. The Japanese, of course, do not have all the answers. But given the fact that virtually all solutions to any of the critical problems of the late twentieth century—energy supply, environmental protection, technological innovation, and so forth—involve an expansion of official bureaucracy, the particular Japanese priorities and procedures are instructive. At the very least they should forewarn a foreign observer that the Japanese achievements were not won without a price being paid.
Post-Scarcity Anarchism
Murray Bookchin - 1971
Technological advances during the 20th century have expanded production in the pursuit of corporate profit at the expense of human need and ecological sustainability. New possibilities for human freedom must combine an ecological outlook with the dissolution of hierarchical social relations, capitalism and canonical political orientation. Bookchin’s utopian vision, rooted in the realities of contemporary society, remains refreshingly pragmatic. “Book-chin makes a trenchant analysis of modern society and offers a pointed, provocative discussion of the ecological crisis.”—Library JournalMurray Bookchin has been an active voice in the ecology and anarchist movements for more than 40 years.In Oakland, California on March 24, 2015 a fire destroyed the AK Press warehouse along with several other businesses. Please consider visiting the AK Press website to learn more about the fundraiser to help them and their neighbors.
Inside the Kingdom: Kings, Clerics, Modernists, Terrorists and the Struggle for Saudi Arabia
Robert Lacey - 2009
It's a modern state driven by contemporary technology & possessed of vast oil deposits, yet its powerful religious establishment would have its customs & practices rolled back 1000 years to match those of the prophet Muhammad. With Inside the Kingdom, journalist & bestselling author Robert Lacey has given us one of the most penetrating & insightful looks at Saudi Arabia ever produced. While living for years among the nation's princes & paupers, its clerics & progressives, Lacey endeavored to find out how the consequences of the 1970s oil boom produced a society at war with itself. Filled with stories that trace a path thru the Persian Gulf War & the events of 9/11 to the oilmarket convulsions of today, Inside the Kingdom gives a modern history of the Saudis in their own words, revealing a people attempting to reconcile life under religious law with the demands of a rapidly changing world. Their struggle will have powerful reverberations around the globe. This rich work provides a penetrating look at a country no one can afford to ignore.
India After Gandhi: The History of the World's Largest Democracy
Ramachandra Guha - 2007
An intricately researched and elegantly written epic history peopled with larger-than-life characters, it is the work of a major scholar at the peak of his abilities...
India Unbound: The Social and Economic Revolution from Independence to the Global Information Age
Gurcharan Das - 2000
The nation's rise is one of the great international stories of the late twentieth century, and in India Unbound the acclaimed columnist Gurcharan Das offers a sweeping economic history of India from independence to the new millennium.Das shows how India's policies after 1947 condemned the nation to a hobbled economy until 1991, when the government instituted sweeping reforms that paved the way for extraordinary growth. Das traces these developments and tells the stories of the major players from Nehru through today. As the former CEO of Proctor & Gamble India, Das offers a unique insider's perspective and he deftly interweaves memoir with history, creating a book that is at once vigorously analytical and vividly written. Impassioned, erudite, and eminently readable, India Unbound is a must for anyone interested in the global economy and its future.
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.
The Arabs: A History
Eugene Rogan - 2009
Years of tone-deaf US policies have left the region powerless to control its own destiny—playing into a longstanding sense of shame and impotence for a once-mighty people. In this definitive account, preeminent historian Eugene Rogan traces five centuries of Arab history, from the Ottoman conquests through the British and French colonial periods and up to the present age of unipolar American hegemony. The Arab world is now more acutely aware than ever of its own vulnerability, and this sense of subjection carries with it vast geopolitical consequences.Drawing from Arab sources little known to Western readers, Rogan's The Arabs will transform our understanding of the past, present, and future of one of the world's most tumultuous regions.
The Long Twentieth Century
Giovanni Arrighi - 1994
Arrighi argues that capitalism has unfolded as a succession of “long centuries,” each of which produced a new world power that secured control over an expanding world-economic space. Examining the changing fortunes of Florentine, Venetian, Genoese, Dutch, English and finally American capitalism, Arrighi concludes with an examination of the forces that have shaped and are now poised to undermine America’s world dominance. A masterpiece of historical sociology, The Long Twentieth Century rivals in scope and ambition contemporary classics by Perry Anderson, Charles Tilly and Michael Mann.
Basic Income: And How We Can Make It Happen
Guy Standing - 2017
Standing's analysis is vital' Paul Mason'Guy Standing has been at the forefront of the movement for nearly 4 decades, and in this superb and thorough survey he explains how it works and why it has the potential to revitalise life and democracy in our societies. This is an essential book.' Brian EnoShouldn't everyone receive a stake in society's wealth?Could we create a fairer world by granting a guaranteed income to all?What would this mean for our health, wealth and happiness?Basic Income is a regular cash transfer from the state, received by all individual citizens. It is an acknowledgement that everyone plays a part in generating the wealth currently enjoyed only by a few. Political parties across the world are now adopting it as official policy and the idea generates headlines every day. Guy Standing has been at the forefront of thought about Basic Income for the past thirty years, and in this book he covers in authoritative detail its effects on the economy, poverty, work and labour; dissects and disproves the standard arguments against Basic Income; explains what we can learn from pilots across the world and illustrates exactly why a Basic Income has now become such an urgent necessity.