The Great Crash of 1929


John Kenneth Galbraith - 1954
    Galbraith's prose has grace and wit, and he distills a good deal of sardonic fun from the whopping errors of the nation's oracles and the wondrous antics of the financial community." Now, with the stock market riding historic highs, the celebrated economist returns with new insights on the legacy of our past and the consequences of blind optimism and power plays within the financial community.

Democracy in Chains: The Deep History of the Radical Right's Stealth Plan for America


Nancy MacLean - 2017
    The capitalist radical right has been working not simply to change who rules, but to fundamentally alter the rules of democratic governance. But billionaires did not launch this movement; a white intellectual in the embattled Jim Crow South did. Democracy in Chains names its true architect—the Nobel Prize-winning political economist James McGill Buchanan—and dissects the operation he and his colleagues designed over six decades to alter every branch of government to disempower the majority.In a brilliant and engrossing narrative, Nancy MacLean shows how Buchanan forged his ideas about government in a last gasp attempt to preserve the white elite’s power in the wake of Brown v. Board of Education. In response to the widening of American democracy, he developed a brilliant, if diabolical, plan to undermine the ability of the majority to use its numbers to level the playing field between the rich and powerful and the rest of us. Corporate donors and their right-wing foundations were only too eager to support Buchanan’s work in teaching others how to divide America into “makers” and “takers.” And when a multibillionaire on a messianic mission to rewrite the social contract of the modern world, Charles Koch, discovered Buchanan, he created a vast, relentless, and multi-armed machine to carry out Buchanan’s strategy. Without Buchanan's ideas and Koch's money, the libertarian right would not have succeeded in its stealth takeover of the Republican Party as a delivery mechanism. Now, with Mike Pence as Vice President, the cause has a longtime loyalist in the White House, not to mention a phalanx of Republicans in the House, the Senate, a majority of state governments, and the courts, all carrying out the plan. That plan includes harsher laws to undermine unions, privatizing everything from schools to health care and Social Security, and keeping as many of us as possible from voting. Based on ten years of unique research, Democracy in Chains tells a chilling story of right-wing academics and big money run amok. This revelatory work of scholarship is also a call to arms to protect the achievements of twentieth-century American self-government.

The Accidental Superpower: The Next Generation of American Preeminence and the Coming Global Disorder


Peter Zeihan - 2014
    Empires were abolished and replaced by a global arrangement enforced by the U.S. Navy. With all the world's oceans safe for the first time in history, markets and resources were made available for everyone. Enemies became partners.We think of this system as normal - it is not. We live in an artificial world on borrowed time.In The Accidental Superpower, international strategist Peter Zeihan examines how the hard rules of geography are eroding the American commitment to free trade; how much of the planet is aging into a mass retirement that will enervate markets and capital supplies; and how, against all odds, it is the ever-ravenous American economy that - alone among the developed nations - is rapidly approaching energy independence. Combined, these factors are doing nothing less than overturning the global system and ushering in a new (dis)order. For most, that is a disaster-in-waiting, but not for the Americans. The shale revolution allows Americans to sidestep an increasingly dangerous energy market. Only the United States boasts a youth population large enough to escape the sucking maw of global aging. Most important, geography will matter more than ever in a de-globalizing world, and America's geography is simply sublime.

Ill Fares the Land


Tony Judt - 2010
    Judt masterfully crystallizes what we’ve all been feeling into a way to think our way into, and thus out of, our great collective dis-ease about the current state of things.As the economic collapse of 2008 made clear, the social contract that defined postwar life in Europe and America – the guarantee of a basal level of security, stability and fairness -- is no longer guaranteed; in fact, it’s no longer part of the common discourse. Judt offers the language we need to address our common needs, rejecting the nihilistic individualism of the far right and the debunked socialism of the past. To find a way forward, we must look to our not so distant past and to social democracy in action: to re-enshrining fairness over mere efficiency.Distinctly absent from our national dialogue, social democrats believe that the state can play an enhanced role in our lives without threatening our liberties. Instead of placing blind faith in the market—as we have to our detriment for the past thirty years—social democrats entrust their fellow citizens and the state itself.Ill Fares the Land challenges us to confront our societal ills and to shoulder responsibility for the world we live in. For hope remains. In reintroducing alternatives to the status quo, Judt reinvigorates our political conversation, providing the tools necessary to imagine a new form of governance, a new way of life.

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.

War is a Racket


Smedley D. Butler - 1935
    Butler was a military hero of the first rank, the winner of two Medals of Honour, a true 'fighting marine' whose courage and patriotism could not be doubted. Yet he came to believe that the wars in which he and his men had fought and bled and died were all pre-planned conflicts, designed not so much to defend America as to bloat the balance sheets of US banks and corporations.War Is a Racket is the title of two works, a speech and a booklet, by retired United States Marine Corps Major General and two time Medal of Honor recipient Smedley D. Butler. In them, Butler frankly discusses from his experience as a career military officer how business interests commercially benefit from warfare.After his retirement from the Marine Corps, Gen. Butler made a nationwide tour in the early 1930s giving his speech "War is a Racket". The speech was so well received that he wrote a longer version as a small book with the same title that was published in 1935 by Round Table Press, Inc., of New York. The booklet was also condensed in Reader's Digest as a book supplement which helped popularize his message. In an introduction to the Reader's Digest version, Lowell Thomas, the "as told to" author of Butler's oral autobiographical adventures, praised Butler's "moral as well as physical courage".

Destined for War: Can America and China Escape Thucydides’s Trap?


Graham Allison - 2017
    The reason is Thucydides’s Trap, a deadly pattern of structural stress that results when a rising power challenges a ruling one. This phenomenon is as old as history itself. About the Peloponnesian War that devastated ancient Greece, the historian Thucydides explained: “It was the rise of Athens and the fear that this instilled in Sparta that made war inevitable.” Over the past 500 years, these conditions have occurred sixteen times. War broke out in twelve of them. Today, as an unstoppable China approaches an immovable America and both Xi Jinping and Donald Trump promise to make their countries “great again,” the seventeenth case looks grim. Unless China is willing to scale back its ambitions or Washington can accept becoming number two in the Pacific, a trade conflict, cyberattack, or accident at sea could soon escalate into all-out war. In Destined for War, the eminent Harvard scholar Graham Allison explains why Thucydides’s Trap is the best lens for understanding U.S.-China relations in the twenty-first century. Through uncanny historical parallels and war scenarios, he shows how close we are to the unthinkable. Yet, stressing that war is not inevitable, Allison also reveals how clashing powers have kept the peace in the past — and what painful steps the United States and China must take to avoid disaster today.

Winners Take All: The Elite Charade of Changing the World


Anand Giridharadas - 2018
    We see how they rebrand themselves as saviors of the poor; how they lavishly reward "thought leaders" who redefine "change" in winner-friendly ways; and how they constantly seek to do more good, but never less harm. We hear the limousine confessions of a celebrated foundation boss; witness an American president hem and haw about his plutocratic benefactors; and attend a cruise-ship conference where entrepreneurs celebrate their own self-interested magnanimity.Giridharadas asks hard questions: Why, for example, should our gravest problems be solved by the unelected upper crust instead of the public institutions it erodes by lobbying and dodging taxes? He also points toward an answer: Rather than rely on scraps from the winners, we must take on the grueling democratic work of building more robust, egalitarian institutions and truly changing the world. A call to action for elites and everyday citizens alike.

The Populist Explosion: How the Great Recession Transformed American and European Politics


John B. Judis - 2016
    Superb." - Thomas Edsall, New York Times columnistWhat's happening in global politics, and is there a thread that ties it all together? As if overnight, many Democrats revolted and passionately backed a socialist named Bernie Sanders; the United Kingdom voted to leave the European Union, in a stunning rebuke; the vituperative billionaire Donald Trump became the presidential nominee of the Republican Party; and a slew of rebellious parties continued to win election after election in countries like Switzerland, Norway, Italy, Austria, and Greece.John B. Judis, one of America's most respected political analysts, tells us why we need to understand the populist movement that began in the United States in the 1890s and whose politics have recurred on both sides of the Atlantic ever since. The Populist Explosion is essential reading for anyone hoping to grasp a global political system that is only just beginning what will be a long-running and highly consequential readjustment.

Shattered: Inside Hillary Clinton's Doomed Campaign


Jonathan Allen - 2017
    And of course she was supposed to win. How Hillary Clinton lost the 2016 election to Donald Trump is the tragic story of a sure thing gone off the rails. For every Comey revelation or hindsight acknowledgment about the electorate, no explanation of defeat can begin with anything other than the core problem of Hillary's campaign--the candidate herself. Through deep access to insiders from the top to the bottom of the campaign, political writers Jonathan Allen and Amie Parnes have reconstructed the key decisions and unseized opportunities, the well-intentioned misfires and the hidden thorns that turned a winnable contest into a devastating loss. Drawing on the authors' deep knowledge of Hillary from their previous book, the acclaimed biography HRC, Shattered will offer an object lesson in how Hillary herself made victory an uphill battle, how her difficulty articulating a vision irreparably hobbled her impact with voters, and how the campaign failed to internalize the lessons of populist fury from the hard-fought primary against Bernie Sanders. Moving blow-by-blow from the campaign's difficult birth through the bewildering terror of election night, Shattered tells an unforgettable story with urgent lessons both political and personal, filled with revelations that will change the way readers understand just what happened to America on November 8, 2016.

Foundations of Economic Prosperity


Daniel W. Drezner - 2013
    Professor Drezner takes you behind the headlines and into the debates to dispel common myths about prosperity and get at deeper truths. By taking a broad view of economics that includes psychology, sociology, political science, and history, his lectures lead you to fundamental insights about how the modern world works and a deeper understanding of the functioning of the U.S., European, Chinese, and other major economies, as well as an appreciation for the special problems faced by underdeveloped nations. You'll examine dozens of case histories that illustrate what works and doesn't work in the drive to increase economic growth. You'll also learn about intriguing examples of prosperity won or lost, including the Dutch tulip mania in 1637, the era of globalization that started in the 1850s and lasting through World War I, and Ukraine's economic missteps after the breakup of the Soviet Union. As a start on your own road to greater prosperity, take this step to invest in an unparalleled explanation of the prerequisites to achieve it.

Game Change: Obama and the Clintons, McCain and Palin, and the Race of a Lifetime


John Heilemann - 2010
    For entertainment value, I put it up there with Catch 22.” —The Financial Times “It transports you to a parallel universe in which everything in the National Enquirer is true….More interesting is what we learn about the candidates themselves: their frailties, egos and almost super-human stamina.” —The Financial Times “I can’t put down this book!” —Stephen Colbert Game Change is the New York Times bestselling story of the 2008 presidential election, by John Heilemann and Mark Halperin, two of the best political reporters in the country. In the spirit of Richard Ben Cramer’s What It Takes and Theodore H. White’s The Making of the President 1960, this classic campaign trail book tells the defining story of a new era in American politics, going deeper behind the scenes of the Obama/Biden and McCain/Palin campaigns than any other account of the historic 2008 election.

The Corrosion of Conservatism: Why I Left the Right


Max Boot - 2018
    The respected conservative historian couldn’t fathom that the party of Lincoln, Roosevelt, and Reagan could endorse such an unqualified reality-TV star. Yet the Twilight Zone episode that Boot believed he was watching created an ideological dislocation so shattering that Boot’s transformation from Republican foreign policy adviser to celebrated anti-Trump columnist becomes the dramatic story of The Corrosion of Conservatism.No longer a Republican, but also not a Democrat, Boot here records his ideological journey from a “movement” conservative to a man without a party, beginning with his political coming-of-age as a young émigré from the Soviet Union, enthralled with the National Review and the conservative intellectual tradition of Russell Kirk and F. A. Hayek. Against this personal odyssey, Boot simultaneously traces the evolution of modern American conservatism, jump-started by Barry Goldwater’s canonical The Conscience of a Conservative, to the rise of Trumpism and its gradual corrosion of what was once the Republican Party.While 90 percent of his fellow Republicans became political “toadies” in the aftermath of the 2016 election, Boot stood his ground, enduring the vitriol of his erstwhile conservative colleagues, trolled on Twitter by a white supremacist who depicted his “execution” in a gas chamber by a smiling, Nazi-clad Trump. And yet, Boot nevertheless remains a villain to some partisan circles for his enduring commitment to conservative fiscal and national security principles. It is from this isolated position, then, that Boot launches this bold declaration of dissent and its urgent plea for true, bipartisan cooperation.With uncompromising insights, The Corrosion of Conservatism evokes both a president who has traduced every norm and the rise of a nascent centrist movement to counter Trump’s assault on democracy.

This Town: Two Parties and a Funeral — plus plenty of valet parking! — in America’s Gilded Capital


Mark Leibovich - 2013
    What keeps the permanent government spinning on its carousel is the freedom of shamelessness, and that mother's milk of politics, cash. In Mark Leibovich’s remarkable look at the way things really work in D.C., a funeral for a beloved television star becomes the perfect networking platform, a disgraced political aide can emerge with more power than his boss, campaign losers befriend their vanquishers (and make more money than ever!), "conflict of interest" is a term lost in translation, political reporters are fetishized and worshipped for their ability to get one's name in print, and, well - we're all really friends, aren't we? What Julia Phillips did for Hollywood, Timothy Crouse did for journalists, and Michael Lewis did for Wall Street, Mark Leibovich does for our nation's capital.'

We're Still Right--And They're Still Wrong


James Carville - 2016
    Until now."He straddled the punch bowl, dropped his pants, and whipped out his member, which, he assured everyone, was very large. Then Donald Trump pissed right into the punch of the Republican Party."So begins We're Still Right, They're Still Wrong- with that image of Donald Trump defiling the celebration that should've been the GOP Establishment's easy march to the White House.In We're Still Right, They're Still Wrong, Carville updates his #1 New York Times bestseller from 1996, the campaign tract that Bill Clinton once credited for his re-election. Carville skewers the GOP's dumpster fire of a record over the past twenty years, and argues that Trump is the living manifestation of a failed party. From income inequality to race relations, Carville believes that Democratic Party is not only the dominant party of the past, but of America's future, too - and he makes the case in his uncensored and earthy style.Among other things, We're Still Right, They're Still Wrong features a hot take on the Clinton e-mail "scandal," a story about Carville's momma' schooling a pair of crawfish mongers, a lecture on political panics called "The Anatomy of Bullshit," and a recipe for how to grill your (non-existent) Trump Steak.And wit and sharp tongue aside, Carville turns it all into the most cogent and thoughtful analysis of the 2016 and how the Democrats can--and must--be victorious.