Book picks similar to
Capitalism vs. Socialism: Comparing Economic Systems by Edward F. Stuart
economics
history
non-fiction
great-courses
No Excuses: Existentialism And The Meaning Of Life
Robert C. Solomon - 1995
Republic, Lost: How Money Corrupts Congress--and a Plan to Stop It
Lawrence Lessig - 2011
Federal Election Commission trust in our government has reached an all-time low. More than ever before, Americans believe that money buys results in Congress, and that business interests wield control over our legislature.With heartfelt urgency and a keen desire for righting wrongs, Harvard law professor Lawrence Lessig takes a clear-eyed look at how we arrived at this crisis: how fundamentally good people, with good intentions, have allowed our democracy to be co-opted by outside interests, and how this exploitation has become entrenched in the system. Rejecting simple labels and reductive logic-and instead using examples that resonate as powerfully on the Right as on the Left-Lessig seeks out the root causes of our situation. He plumbs the issues of campaign financing and corporate lobbying, revealing the human faces and follies that have allowed corruption to take such a foothold in our system. He puts the issues in terms that nonwonks can understand, using real-world analogies and real human stories. And ultimately he calls for widespread mobilization and a new Constitutional Convention, presenting achievable solutions for regaining control of our corrupted-but redeemable-representational system. In this way, Lessig plots a roadmap for returning our republic to its intended greatness. While America may be divided, Lessig vividly champions the idea that we can succeed if we accept that corruption is our common enemy and that we must find a way to fight against it. In REPUBLIC, LOST, he not only makes this need palpable and clear-he gives us the practical and intellectual tools to do something about it.
Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist
Kate Raworth - 2017
It has failed to predict, let alone prevent, financial crises that have shaken the foundations of our societies. Its outdated theories have permitted a world in which extreme poverty persists while the wealth of the super-rich grows year on year. And its blind spots have led to policies that are degrading the living world on a scale that threatens all of our futures.Can it be fixed? In Doughnut Economics, Oxford academic Kate Raworth identifies seven critical ways in which mainstream economics has led us astray, and sets out a roadmap for bringing humanity into a sweet spot that meets the needs of all within the means of the planet. En route, she deconstructs the character of ‘rational economic man’ and explains what really makes us tick. She reveals how an obsession with equilibrium has left economists helpless when facing the boom and bust of the real-world economy. She highlights the dangers of ignoring the role of energy and nature’s resources – and the far-reaching implications for economic growth when we take them into account. And in the process, she creates a new, cutting-edge economic model that is fit for the 21st century – one in which a doughnut-shaped compass points the way to human progress.Ambitious, radical and rigorously argued, Doughnut Economics promises to reframe and redraw the future of economics for a new generation.
The Law
Frédéric Bastiat - 1849
More specifically, the problem of law that itself violates law is an insurmountable conundrum of all statist philosophies. The problem has never been discussed so profoundly and passionately as in this essay by Frederic Bastiat from 1850. The essay might have been written today. It applies in ever way to our own time, which is precisely why so many people credit this one essay for showing them the light of liberty. Bastiat's essay here is timeless because applies whenever and wherever the state assumes unto itself different rules and different laws from that by which it expects other people to live. And so we have this legendary essay, written in a white heat against the leaders of 19th century France, the reading of which has shocked millions out of their toleration of despotism. This new edition from the Mises Institute revives a glorious translation that has been out of print for a hundred years, one that circulated in Britain in the generation that followed Bastiat's death. This newly available translation provides new insight into Bastiat's argument. It is a more sophisticated, more substantial, and more precise rendering than any in print. The question that Bastiat deals with: how to tell when a law is unjust or when the law maker has become a source of law breaking? When the law becomes a means of plunder it has lost its character of genuine law. When the law enforcer is permitted to do with others' lives and property what would be illegal if the citizens did them, the law becomes perverted. Bastiat doesn't avoid the difficult issues, such as why should we think that a democratic mandate can convert injustice to justice. He deals directly with the issue of the expanse of legislation: It is not true that the mission of the law is to regulate our consciences, our ideas, our will, our education, our sentiments, our sentiments, our exchanges, our gifts, our enjoyments. Its mission is to prevent the rights of one from interfering with those of another, in any one of these things. Law, because it has force for its necessary sanction, can only have the domain of force, which is justice. More from Bastiat's The Law: Socialism, like the old policy from which it emanates, confounds Government and society. And so, every time we object to a thing being done by Government, it concludes that we object to its being done at all. We disapprove of education by the State - then we are against education altogether. We object to a State religion - then we would have no religion at all. We object to an equality which is brought about by the State then we are against equality, etc., etc. They might as well accuse us of wishing men not to eat, because we object to the cultivation of corn by the State. How is it that the strange idea of making the law produce what it does not contain - prosperity, in a positive sense, wealth, science, religion - should ever have gained ground in the political world? The modern politicians, particularly those of the Socialist school, found their different theories upon one common hypothesis; and surely a more strange, a more presumptuous notion, could never have entered a human brain. They divide mankind into two parts. Men in general, except one, form the first; the politician himself forms the second, which is by far the most important. Whether you buy one or one hundred, you can look forward to one of the most penetrating and powerful essays written in the history of political economy.
Crashed: How a Decade of Financial Crises Changed the World
Adam Tooze - 2018
In fact it was a dramatic caesura of global significance that spiraled around the world, from the financial markets of the UK and Europe to the factories and dockyards of Asia, the Middle East, and Latin America, forcing a rearrangement of global governance. In the United States and Europe, it caused a fundamental reconsideration of capitalist democracy, eventually leading to the war in the Ukraine, the chaos of Greece, Brexit, and Trump.It was the greatest crisis to have struck Western societies since the end of the Cold War, but was it inevitable? And is it over? Crashed is a dramatic new narrative resting on original themes: the haphazard nature of economic development and the erratic path of debt around the world; the unseen way individual countries and regions are linked together in deeply unequal relationships through financial interdependence, investment, politics, and force; the ways the financial crisis interacted with the spectacular rise of social media, the crisis of middle-class America, the rise of China, and global struggles over fossil fuels.Finally, Tooze asks, given this history, what now are the prospects for a liberal, stable, and coherent world order?
Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America
Matt Taibbi - 2010
The stunning rise, fall, and rescue of Wall Street in the bubble-and-bailout era was the coming-out party for the network of looters who sit at the nexus of American political and economic power. The grifter class—made up of the largest players in the financial industry and the politicians who do their bidding—has been growing in power for a generation, transferring wealth upward through increasingly complex financial mechanisms and political maneuvers. The crisis was only one terrifying manifestation of how they’ve hijacked America’s political and economic life.Rolling Stone’s Matt Taibbi here unravels the whole fiendish story, digging beyond the headlines to get into the deeper roots and wider implications of the rise of the grifters. He traces the movement’s origins to the cult of Ayn Rand and her most influential—and possibly weirdest—acolyte, Alan Greenspan, and offers fresh reporting on the backroom deals that decided the winners and losers in the government bailouts. He uncovers the hidden commodities bubble that transferred billions of dollars to Wall Street while creating food shortages around the world, and he shows how finance dominates politics, from the story of investment bankers auctioning off America’s infrastructure to an inside account of the high-stakes battle for health-care reform—a battle the true reformers lost. Finally, he tells the story of Goldman Sachs, the “vampire squid wrapped around the face of humanity.” Taibbi has combined deep sources, trailblazing reportage, and provocative analysis to create the most lucid, emotionally galvanizing, and scathingly funny account yet written of the ongoing political and financial crisis in America. This is essential reading for anyone who wants to understand the labyrinthine inner workings of politics and finance in this country, and the profound consequences for us all.
A History of Russia: From Peter the Great to Gorbachev
Mark D. Steinberg - 2003
It’s difficult to imagine a nation whose history is more compelling for Americans than that of Russia.Before the collapse of the Soviet Union, this was the nation against which we measured our own nation’s values and power and with whom war, if it ever came, could spell unimaginable catastrophe for our planet.Yet many Americans have never had the opportunity to study Russia in any kind of depth and to see how the forces of history came together so ironically to shape a future so very different from the dreams of most ordinary Russian people, eager to see their nation embrace Western values of progress, human rights, and justice.
How You Decide: The Science of Human Decision Making
Ryan Hamilton - 2016
Over millennia, philosophers, theologians, and mathematicians have all weighed in on the topic, and in recent centuries, economists, psychologists, and sociologists have joined the investigation. Now, you can learn what science has revealed about how we make choices. In How You Decide: The Science of Human Decision Making, Professor Ryan Hamilton, Associate Professor of Marketing at Emory University's Goizueta Business School, uses research revealed via the scientific method to understand and explain human decision making. Incorporating the outcomes of his own published experiments and those of his esteemed peers, Dr. Hamilton presents information that allows you to better understand the choices you face every day, the tools you can use to make the best decisions for your personal goals, and how to most effectively influence the decisions of others. LIFETIME MANUFACTURER WARRANTY. Your satisfaction is important to us, and we at The Great Courses offer a lifetime replacement warranty to purchasers of our products from The Great Courses on Amazon - if a DVD or CD disc ever breaks, warps, or gets damaged, we will replace it free of charge. If you have any concerns with your product, or want to request a replacement, please contact The Great Courses through our Amazon storefront for more information.
Living History: Experiencing Great Events of the Ancient and Medieval Worlds
Robert Garland - 2015
- King Philip II is murdered under mysterious circumstances amid a cloud of intrigue.Constantinople, 532 C.E. - The Byzantine Emperor Justinian nearly abandons the city to an angry mob until his wife, Theodora, persuades him to stay.France, 1095 C.E. - Pope Urban II gives a speech that inspires thousands of his subjects to embark on a crusade to Jerusalem.Time and again, moments shape history. We often examine history from a distant vantage, zooming in on a few kings and battles. But history is made up of individuals who were as alive in their time as we are today. Pausing on a few key individuals and magnifying specific moments in their lives allows us to experience history in a whole new way-as a vibrant story, full of life.Living History: Great Events of the Ancient and Medieval Worlds takes you back in time and throws a spotlight on two dozen turning points where the tide of history changes irrevocably. These 24 dramatic lectures examine key events from ancient Egypt, Greece, and Rome to medieval Europe and Asia. Spanning thousands of years and three continents, this course illuminates fascinating historical dramas on the individual scale.More than covering great events that change the contours of history, Professor Garland takes you into the scene and allows you to hear what he terms the "heartbeat of history". Rather than merely reviewing the facts of events such as the Battle of Marathon, the arrest and trial of Jesus, and the coronation of Charlemagne, you'll engage with a variety of firsthand accounts and authentic primary and secondary sources to experience what it was like to live these events as they occurred. From reports by historians such as Herodotus and Livy to official scrolls and administrative records, these eyewitness sources and ancient documents take you back in time through the eyes of people who were there.Listening Length: 12 hours and 38 minutes
A Brief History of Neoliberalism
David Harvey - 2005
Writing for a wide audience, David Harvey, author of The New Imperialism and The Condition of Postmodernity, here tells the political-economic story of where neoliberalization came from and how it proliferated on the world stage. Through critical engagement with this history, he constructs a framework, not only for analyzing the political and economic dangers that now surround us, but also for assessing the prospects for the more socially just alternatives being advocated by many oppositional movements.
Capitalism, Socialism and Democracy
Joseph A. Schumpeter - 1942
When it first appeared the New English Weekly predicted that 'for the next five to ten years it will cetainly remain a work with which no one who professes any degree of information on sociology or economics can afford to be unacquainted.' Fifty years on, this prediction seems a little understated.Why has the work endured so well? Schumpeter's contention that the seeds of capitalism's decline were internal, and his equal and opposite hostility to centralist socialism have perplexed, engaged and infuriated readers since the book's publication. By refusing to become an advocate for either position Schumpeter was able both to make his own great and original contribution and to clear the way for a more balanced consideration of the most important social movements of his and our time.
Austerity: The History of a Dangerous Idea
Mark Blyth - 2013
In contrast, they have advanced a policy of draconian budget cuts--austerity--to solve the financial crisis. We are told that we have all lived beyond our means and now need to tighten our belts. This view conveniently forgets where all that debt came from. Not from an orgy of government spending, but as the direct result of bailing out, recapitalizing, and adding liquidity to the broken banking system. Through these actions private debt was rechristened as government debt while those responsible for generating it walked away scot free, placing the blame on the state, and the burden on the taxpayer. That burden now takes the form of a global turn to austerity, the policy of reducing domestic wages and prices to restore competitiveness and balance the budget. The problem, according to political economist Mark Blyth, is that austerity is a very dangerous idea. First of all, it doesn't work. As the past four years and countless historical examples from the last 100 years show, while it makes sense for any one state to try and cut its way to growth, it simply cannot work when all states try it simultaneously: all we do is shrink the economy. In the worst case, austerity policies worsened the Great Depression and created the conditions for seizures of power by the forces responsible for the Second World War: the Nazis and the Japanese military establishment. As Blyth amply demonstrates, the arguments for austerity are tenuous and the evidence thin. Rather than expanding growth and opportunity, the repeated revival of this dead economic idea has almost always led to low growth along with increases in wealth and income inequality. Austerity demolishes the conventional wisdom, marshaling an army of facts to demand that we austerity for what it is, and what it costs us.
The Roman Empire: From Augustus to the Fall of Rome
Gregory S. Aldrete - 2019
Not only did his decades-long rule completely transform the old Roman Republic into the Roman Empire, but it also profoundly shaped the culture and history of our world today. The Roman Empire: From Augustus to the Fall of Rome traces this breathtaking history from the empire's foundation by Augustus to its Golden Age in the 2nd century CE through a series of ever-worsening crises until its ultimate disintegration.Taught by acclaimed Professor Gregory S. Aldrete of the University of Wisconsin-Green Bay, these 24 captivating lectures offer you the chance to experience this story like never before, incorporating the latest historical insights that challenge our previous notions of Rome's decline. You'll examine the major events and familiar figures of the Roman Empire, including: The political innovations of Augustus The mental instability and cruel acts of Caligula and Nero Writers such as Ovid, Horace, and Virgil The stoic philosophy of Marcus Aurelius Constantine's startling conversion to ChristianityYou'll also look beyond the famous figures and delve deeply into the lives of ordinary Roman citizens. You'll hear the messages they left on tombstones or scribbled on walls as graffiti; examine what life was really like for average city-dwellers and the hazards they faced every day; spend a day at Rome's spectacular public entertainments, such as gladiator games and chariot races; and explore some of the city's marvelous architectural and engineering works, including the Pantheon and the aqueducts.We cannot truly understand ourselves unless we comprehend the vital influences of Rome on the modern world - and the lessons the empire can still teach us. The Roman Empire: From Augustus to the Fall of Rome is an excellent guide to one of the most important periods in world history.
Capital: A Critique of Political Economy, Volume 1
Karl Marx - 1867
This new translation of Volume One, the only volume to be completed and edited by Marx himself, avoids some of the mistakes that have marred earlier versions and seeks to do justice to the literary qualities of the work. The introduction is by Ernest Mandel, author of Late Capitalism, one of the only comprehensive attempts to develop the theoretical legacy of Capital.
1066: The Year That Changed Everything
Jennifer Paxton - 2012
With 1066, Professor Paxton's exciting and historically rich six-lecture course, you can experience for yourself the drama of this dynamic year. Taking you from the shores of Scandinavia and France to the battlefields of the English countryside, 1066 will plunge you into a world of fierce Viking warriors, powerful noble families, politically charged marriages, tense succession crises, epic military invasions, and much more.This is #8422 in The Great Courses series of lectures.