Book picks similar to
Irreversible Crisis by Harry Magdoff


economics
civilizational-collapse
econ-08
ekonomi

The Bay of Pigs


Howard Jones - 2008
    Drawing on recently declassified CIA documents, Jones deftly examines the train of missteps and self-deceptions that led to the invasion of U.S.-trained exiles at the Bay of Pigs. Ignoring warnings from the ambassador to Cuba, the Eisenhower administration put in motion an operation that proved nearly unstoppable even after the inauguration of John F. Kennedy. The CIA and Pentagon, meanwhile, both voiced confidence in the outcome of the invasion, especially after coordinating previous successful coups in Guatemala and Iran. And so the Kennedy administration launched the exile force toward its doom in Cochinos Bay on April 17, 1961. Jones gives a riveting account of the battle--and the confusion in the White House--before moving on to explore its implications. The Bay of Pigs, he writes, set the course of Kennedy's foreign policy. It was a humiliation for the administration that fueled fears of Communist domination and pushed Kennedy toward a hardline cold warrior stance. But at the same time, the failed attack left him deeply skeptical of CIA and military advisers and influenced his later actions during the Cuban missile crisis.

Only In America: Inside The Mind And Under The Skin Of The Nation Everyone Loves To Hate


Matt Frei - 2008
    A city so rich that it spends 150 million dollars a year on corporate lunches, dinners and fundraisers and yet so poor that its streets are frequently as potholed as those of any forgotten backwater in the developing world. A city that deploys more armed officers per square mile than any other in the world but has earned the title of being its country's murder capital. A city where 565 elected Congressmen and Senators are chased, charmed, cajoled and sometimes bribed by 35,000 registered lobbyists; where the most illustrious resident travels with a fleet of planes and a small army of body guards but where the mayor for twelve years was a convicted crack addict who believed that every law in his own country was racist, 'including the law of gravity'. A city that plays host to seventeen different spying agencies, employing 23,000 agents, none of whom were able to discover a plot that involved flying civilian airliners into buildings, even though the plotters had littered their path with clues. Hard to imagine? Welcome to Washington DC: the Rome of the 21st century.Matt Frei was the BBC’s Washington correspondent from 2002. ‘Only in America’ is a surprising and brilliant dissection of the most powerful nation on earth from its capital out.

Thomas Piketty’s 'Capital in the Twenty First Century': An Introduction


Stephan Kaufmann - 2017
    It has sparked major international debates, dominated bestseller lists and generated a level of enthusiasm—as well as intense criticism—in a way no other recent economic or sociological work has. Piketty has been described as a new Karl Marx and placed in the same league as the economist John Maynard Keynes. The ‘rock star economist’s’ (Financial Times) underlying thesis: inequality under capitalism has reached dramatic proportions in the last few decades and continues to grow—and not by coincidence. Thus, a small elite becomes simultaneously richer and richer and more and more powerful.Given the sensational reception of the not-so-easily digested 800-page study that spans back to the eighteenth century, the question as to where the hype around Piketty’s book comes from deserves to be asked. What is correct in it? What are the criticisms of it? And what should we make of it—both of the book itself and of the criticism it has received? This book lays out the argument of Piketty’s monumental work in a compact and understandable format, while also investigating the controversies that this book has caused. In addition, the two authors demonstrate the limits, contradictions and errors of the so-called ‘Piketty revolution’.

The Founders and Finance: How Hamilton, Gallatin, and Other Immigrants Forged a New Economy


Thomas K. McCraw - 2012
    At the war s end, the national government owed tremendous sums to foreign creditors and its own citizens. But lacking the power to tax, it had no means to repay them. "The Founders and Finance" is the first book to tell the story of how foreign-born financial specialists immigrants solved the fiscal crisis and set the United States on a path to long-term economic success.Pulitzer Prize winning author Thomas K. McCraw analyzes the skills and worldliness of Alexander Hamilton (from the Danish Virgin Islands), Albert Gallatin (from the Republic of Geneva), and other immigrant founders who guided the nation to prosperity. Their expertise with liquid capital far exceeded that of native-born plantation owners Washington, Jefferson, and Madison, who well understood the management of land and slaves but had only a vague knowledge of financial instruments currencies, stocks, and bonds. The very rootlessness of America s immigrant leaders gave them a better understanding of money, credit, and banks, and the way each could be made to serve the public good.The remarkable financial innovations designed by Hamilton, Gallatin, and other immigrants enabled the United States to control its debts, to pay for the Louisiana Purchase of 1803, and barely to fight the War of 1812, which preserved the nation s hard-won independence from Britain."

Race: How Blacks And Whites Think And Feel About The American Obsession


Studs Terkel - 1992
    In a rare and revealing look at how people in America truly feel about race, Terkel brings out the full complexity of the thoughts and emotions of both blacks and white, uncovering a fascinating narrative of changing opinions. Preachers and street punks, college students and Klansmen, interracial couples, the nephew of the founder of apartheid, and Emmett Till's mother are among those whose voices appear in Race. In all, nearly one hundred Americans talk openly about attitudes that few are willing to admit in public: feelings about affirmative action, gentrification, secret prejudices, and dashed hopes.

Run to Daylight!


Vince Lombardi - 1963
    Together with legendary sports-journalist, W.C. Heinz, Lombardi takes us from the first review of game films on Monday right through the final gun on Sunday afternoon. We see the planning, the plotting, the practice and the pain as forty-plus men come together to form that precision unit that makes for winning football. Lombardi gives us his views on life, the game, coaching, success, family, and the famed “Lombardi Sweep.”Now, in this anniversary edition, with a special foreword by David Maraniss, we are once again reminded of the passion and power behind America's greatest game. Written in W.C. Heinz’s inimitable style, Run to Daylight! is part diary, part philosophy text, part coaches manual. Here, is professional football at its best.

Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market


Mariusz Skonieczny - 2009
    Material covered includes the difference between stocks and businesses, what constitutes a good business, when to buy and sell stocks, and how to value individual stocks. The book also includes a chapter covering four case studies as well as a supplemental chapter on the pros and cons of real estate versus stock market investing.

Dollarocracy: How the Money and Media Election Complex is Destroying America


John Nichols - 2012
    McChesney explain how US elections are becoming controlled, predictable enterprises that are managed by a new class of consultants who wield millions of dollars and define our politics as never before. As the money gets bigger—especially after the Citizens United ruling—and journalism, a core check and balance on the government, declines, American citizens are in danger of becoming less informed and more open to manipulation. With groundbreaking behind-the-scenes reporting and staggering new research on “the money power,” Dollarocracy shows that this new power does not just endanger electoral politics; it is a challenge to the DNA of American democracy itself.

Hostile Takeover: How Big Money and Corruption Conquered Our Government--and How We Take It Back


David Sirota - 2006
    Politicians claim they care, then pass legislation that just sends more cash to the HMOs. Wages have been stagnant for thirty years, even as corporate profits skyrocket. Politicians say they want to fix the problem and then pass bills written by lobbyists that drive wages even lower and punish those crushed by debt. Jobs are being shipped overseas, pensions are being cut, and energy is becoming unaffordable. And our government, more concerned about maintaining its corporate sponsorship than protecting its citizens, does nothing about it. In Hostile Takeover, David Sirota, a major new voice in American politics, seeks to open the eyes of ordinary Americans to the fact that corporate interests have undermined democracy, aided and abetted by their lackeys in our allegedly representative government. At a time when more and more of America’s major political leaders are being indicted or investigated for corruption, Sirota takes readers on a journey that shows how all of this nefarious behavior happened right under our noses—and how the high-profile scandals are merely one product of a political system and debate wholly owned by Big Money interests. Sirota considers major public issues that feel intractable—like spiraling health care costs, the outsourcing of jobs, the inequities of the tax code, and out-of-control energy prices—and shows how in each case workable solutions are buried under the lies of lobbyists, the influence of campaign cash, and the ubiquitous spin machine financed by Big Business.With fiery passion, pinpoint wit, and lucid analysis, Hostile Takeover reveals the true enemies of reform and their increasingly sophisticated—and hostile—tactics. It’s an essential guidebook for those of us tired of the government selling us out—and determined to take our country back. Also available as an eBookFrom the Hardcover edition.

Accounting for Slavery: Masters and Management


Caitlin Rosenthal - 2018
    A morally reprehensible―and very profitable business...Rosenthal argues that slaveholders in the American South and Caribbean were using advanced management and accounting techniques long before their northern counterparts. Techniques that are still used by businesses today."― Marketplace A Politico Great Weekend ReadAccounting for Slavery is a unique contribution to the decades-long effort to understand New World slavery's complex relationship with capitalism. Through careful analysis of plantation records, Caitlin Rosenthal explores the development of quantitative management practices on West Indian and Southern plantations. She shows how planter-capitalists built sophisticated organizational structures and even practiced an early form of scientific management. They subjected enslaved people to experiments, such as allocating and reallocating labor from crop to crop, planning meals and lodging, and carefully recording daily productivity. The incentive strategies they crafted offered rewards but also threatened brutal punishment.The traditional story of modern management focuses on the factories of England and New England, but Rosenthal demonstrates that investors in West Indian and Southern plantations used complex accounting practices, sometimes before their Northern counterparts. For example, some planters depreciated their human capital decades before the practice was a widely used accounting technique. Contrary to narratives that depict slavery as a barrier to innovation, Accounting for Slavery explains how elite planters turned their power over enslaved people into a productivity advantage. The brutality of slavery was readily compatible with the development of new quantitative techniques for workforce organization.By showing the many ways that business innovation can be a byproduct of bondage, Rosenthal further erodes the false boundary between capitalism and slavery and illuminates deep parallels between the outlooks of eighteenth- and nineteenth-century slaveholders and the ethical dilemmas facing twenty-first-century businesses.

A Year Up: Rediscovering America and the Talent Within


Gerald Chertavian - 2012
    In 2000, Chertavian dedicated his life to closing that divide and Year Up was born.Year Up is an intensive program that offers low income young adults training, mentorship, internships, and ultimately real jobs—often with Fortune 500 companies. 85 percent of program graduates are employed or in full-time college within four months of graduation. Today, Year Up serves more than 1,300 students in nine cities across the nation.Following a Year Up class from admissions through graduation, A Year Up lets students share—in their own words—the challenges, failures, and personal successes they’ve experienced during their program year. This deeply moving and inspirational story also explains Chertavian’s philosophy and the program’s genesis, offering a road map for real change in our country and a beacon for young adults who want the opportunity to enter the economic mainstream.

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."

Reset: How This Crisis Can Restore Our Values and Renew America


Kurt Andersen - 2009
    “But it isn’t the end of the world.” In this smart and refreshingly hopeful book, Andersen–a brilliant analyst and synthesizer of historical and cultural trends, as well as a bestselling novelist and host of public radio’s Studio 360–shows us why the current economic crisis is actually a moment of great opportunity to get ourselves and our nation back on track.Historically, America has always shifted between wild, exuberant speculation and steady, sober hard work, as well as back and forth between economic booms and busts, and between right and left politically. This is one of the rare moments when all these cycles shift dramatically and simultaneously–a moment when complacency ends, ossified structures loosen up, and enormous positive change is possible. The shock to the system can enable each of us to rethink certain habits and focus more on the things that make us authentically happy. The present flux can enable us as a society to consolidate the enormous gains of the last several decades in areas such as technology, crime prevention, women’s and civil rights, and the democratization of the planet. We can reap the fruits of a revival of realism and pragmatism at home and abroad. As we enter a new era of post-party-line common sense, we can start to reinvent hopelessly broken systems–in health care, education, climate change, and more–and rediscover some of the old-fashioned American values of which we’ve lost sight.In Reset, Andersen explains how we’ve done it before and why we are about to do it again–and better than ever.

The Golden Bird 2.0


Raina Singhwi Jain - 2020
    What made ancient India the Golden Bird in the first place? What did China, the Land of the Dragon, have in common with India, and when did these two ancient civilizations diverge on their paths to global success? Raina Singhwi Jain discusses the immediate need and measures for a quantum jump in our attitude towards development. While conventional wisdom suggests improvements in manufacturing, the ease of doing business and digital technology, Jain goes a step further, drawing surprising parallels between other areas that beg our attention—process engineering, communication design, journalism, and education. This is a work of reflection and a call to action, urging Indian denizens to act now for a revival of the genius that lies dormant within each one of us.

Night Shift: Short Stories from the Life of an ER Doc


Mark Plaster - 2014
    Mark Plaster takes readers beyond the ambulance bay doors into the stranger-than-fiction world of the Emergency Department. By turns heart-warming and gut-wrenching, "Night Shift" chronicles the ebb and flow of human life, in all of its unvarnished glory, as it passes through the doors of the ED.