Smells Like Dead Elephants: Dispatches from a Rotting Empire
Matt Taibbi - 2007
Thompson and P. J. O’Rourke so much fun” (The Washington Post). Bringing together Taibbi’s most incisive and hilarious work from his “Road Work” column in Rolling Stone, Smells Like Dead Elephants shines an unflinching spotlight on the corruption, dishonesty, and sheer laziness of our leaders. Taibbi has plenty to say about George W. Bush, Jack Abramoff, Tom DeLay, and all the rest, but he doesn’t just hit inside the Beltway. He gets involved in the action, infiltrating Senator Conrad Burns’s birthday party under disguise as a lobbyist for a fictional oil firm that wants to drill in the Grand Canyon. He floats into apocalyptic post-Katrina New Orleans in a dinghy with Sean Penn. He goes to Iraq as an embedded reporter, where he witnesses the mind-boggling dysfunction of our occupation and spends three nights in Abu Ghraib prison. And he reports from two of the most bizarre and telling trials in recent memory: California v. Michael Jackson and the evolution-vs.-intelligent-design trial in Harrisburg, Pennsylvania. Equally funny and shocking, this is excellent work from one of our most entertaining writers.
The Sleepwalkers: How Europe Went to War in 1914
Christopher Clark - 2012
An act of terrorism of staggering efficiency, it fulfilled its every aim: it would liberate Bosnia from Habsburg rule and it created a powerful new Serbia, but it also brought down four great empires, killed millions of men and destroyed a civilization. What made a seemingly prosperous and complacent Europe so vulnerable to the impact of this assassination? In The Sleepwalkers Christopher Clark retells the story of the outbreak of the First World War and its causes. Above all, it shows how the failure to understand the seriousness of the chaotic, near genocidal fighting in the Balkans would drag Europe into catastrophe.
Capitalism and Freedom
Milton Friedman - 1962
The result is an accessible text that has sold well over half a million copies in English, has been translated into eighteen languages, and shows every sign of becoming more and more influential as time goes on.
Debt: The First 5,000 Years
David Graeber - 2011
The problem with this version of history? There’s not a shred of evidence to support it.Here anthropologist David Graeber presents a stunning reversal of conventional wisdom. He shows that for more than 5,000 years, since the beginnings of the first agrarian empires, humans have used elaborate credit systems to buy and sell goods—that is, long before the invention of coins or cash. It is in this era, Graeber argues, that we also first encounter a society divided into debtors and creditors. Graeber shows that arguments about debt and debt forgiveness have been at the center of political debates from Italy to China, as well as sparking innumerable insurrections. He also brilliantly demonstrates that the language of the ancient works of law and religion (words like “guilt,” “sin,” and “redemption”) derive in large part from ancient debates about debt, and shape even our most basic ideas of right and wrong. We are still fighting these battles today without knowing it.Debt: The First 5,000 Years is a fascinating chronicle of this little known history—as well as how it has defined human history, and what it means for the credit crisis of the present day and the future of our economy.
The High-Beta Rich: How the Manic Wealthy Will Take Us to the Next Boom, Bubble, and Bust
Robert Frank - 2011
Starting in the early 1980s the top one percent (1%) broke away from the rest of us to become the most unstable force in the economy. An elite that had once been the flat line on the American income charts - models of financial propriety - suddenly set off on a wild ride of economic binges. Not only do they control more than a third of the country’s wealth, their increasing vulnerability to the booms and busts of the stock market wreak havoc on our consumer economy, financial markets, communities, employment opportunities, and government finances. Robert Frank’s insightful analysis provides the disturbing big picture of high-beta wealth. His vivid storytelling brings you inside the mortgaged mansions, blown-up balance sheets, repossessed Bentleys and Gulfstreams, and wrecked lives and relationships: • How one couple frittered away a fortune trying to build America’s biggest house —90,000 square feet with 23 full bathrooms, a 6,000 square foot master suite with a bed on a rotating platform—only to be forced to put it on the market because “we really need the money”. • Repo men who are now the scavengers of the wealthy, picking up private jets, helicopters, yachts and racehorses – the shiny remains of a decade of conspicuous consumption financed with debt, asset bubbles, “liquidity events,” and soaring stock prices. • How “big money ruins everything” for communities such as Aspen, Colorado whose over-reliance on the rich created a stratified social scene of velvet ropes and A-lists and crises in employment opportunities, housing, and tax revenues. • Why California’s worst budget crisis in history is due in large part to reliance on the volatile incomes of the state’s tech tycoons. • The bitter divorce of a couple who just a few years ago made the Forbes 400 list of the richest people, the firing of their enormous household staff of 110, and how one former spouse learned the marvels of shopping at Marshalls, filling your own gas tank, and flying commercial. Robert Frank’s stories and analysis brilliantly show that the emergence of the high-beta rich is not just a high-class problem for the rich. High-beta wealth has national consequences: America’s dependence on the rich + great volatility among the rich = a more volatile America. Cycles of wealth are now much faster and more extreme. The rich are a new “Potemkin Plutocracy” and the important lessons and consequences are brought to light of day in this engrossing book. high-beta rich (hi be’ta rich) 1. a newly discovered personality type of the America upper class prone to wild swings in wealth. 2. the winners (and occasional losers) in an economy that creates wealth from financial markets, asset bubbles and deals. 3. derived from the Wall Street term “high-beta,” meaning highly volatile or prone to booms and busts. 4. an elite that’s capable of wreaking havoc on communities, jobs, government finances, and the consumer economy. 5. a new Potemkin plutocracy that hides a mountain of debt behind the image of success, and is one crisis away from losing their mansions, private jets and yachts.From the Hardcover edition.
Globalists: The End of Empire and the Birth of Neoliberalism
Quinn Slobodian - 2018
Or do they? In the first intellectual history of neoliberal globalism, Quinn Slobodian follows a group of thinkers from the ashes of the Habsburg Empire to the creation of the World Trade Organization to show that neoliberalism emerged less to shrink government and abolish regulations than to redeploy them at a global level.Slobodian begins in Austria in the 1920s. Empires were dissolving and nationalism, socialism, and democratic self-determination threatened the stability of the global capitalist system. In response, Austrian intellectuals called for a new way of organizing the world. But they and their successors in academia and government, from such famous economists as Friedrich Hayek and Ludwig von Mises to influential but lesser-known figures such as Wilhelm Röpke and Michael Heilperin, did not propose a regime of laissez-faire. Rather they used states and global institutions--the League of Nations, the European Court of Justice, the World Trade Organization, and international investment law--to insulate the markets against sovereign states, political change, and turbulent democratic demands for greater equality and social justice.Far from discarding the regulatory state, neoliberals wanted to harness it to their grand project of protecting capitalism on a global scale. It was a project, Slobodian shows, that changed the world, but that was also undermined time and again by the inequality, relentless change, and social injustice that accompanied it.
The Georgetown Ladies' Social Club: Power, Passion, and Politics in the Nation's Capital
C. David Heymann - 2003
David Heymann chronicles the dinner parties, correspondence, overlappings, and underpinnings of some of the most influential women in Washington's history. "The Georgetown Ladies' Social Club" -- a term coined by Ronald Reagan -- comprises a list of formidable and fascinating women, among them Katharine Graham, Lorraine Cooper, Evangeline Bruce, Pamela Harriman, and Sally Quinn. Their husbands, government officials and newsmakers among them, relied on the ladies for their sharp wit and sensitivity, refined bearings, and congeniality. In a city characteristically and traditionally controlled by men, the Georgetown wives were, in turn, afforded an abundance of behind-the-scenes political clout. Filled with intriguing and often startling insights into Washington life, from the latter days of the Kennedy and Truman administrations to the Clinton era and the advent of President George W. Bush, The Georgetown Ladies' Social Club is a compelling testament to the sex, lies, and red tape of American politics.
Pirates of the Caribbean: Axis of Hope
Tariq Ali - 2006
While Chavez’s radical social-democratic reforms have brought him worldwide acclaim among the poor, he has attracted intense hostility from Venezuelan elites and Western governments.Drawing on first-hand experience of Venezuela and meetings with Chavez, Tariq Ali shows how Chavez’s views have polarized Latin America and examines the hostility directed against his administration. Ali discusses the enormous influence of Fidel Castro on both Chavez and Evo Morales, the newly-elected President of Bolivia, and contrasts the Cuban and Venezuelan revolutionary processes.Pirates of the Caribbean guides us through a world divided between privilege and poverty, a continent that is once again on the march.
Radicals, Resistance, and Revenge: The Left's Plot to Remake America
Jeanine Pirro - 2019
Picking up where her #1 New York Times bestseller, Liars, Leakers and Liberals, left off, Judge Jeanine Pirro of Fox's Justice with Judge Jeanine exposes the latest chapter in the unfolding liberal attack on our most basic values.
The Price of Inequality: How Today's Divided Society Endangers Our Future
Joseph E. Stiglitz - 2012
While market forces play a role in this stark picture, politics has shaped those market forces. In this best-selling book, Nobel Prize–winning economist Joseph E. Stiglitz exposes the efforts of well-heeled interests to compound their wealth in ways that have stifled true, dynamic capitalism. Along the way he examines the effect of inequality on our economy, our democracy, and our system of justice. Stiglitz explains how inequality affects and is affected by every aspect of national policy, and with characteristic insight he offers a vision for a more just and prosperous future, supported by a concrete program to achieve that vision.
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.
Three "Whys" of the Russian Revolution
Richard Pipes - 1996
Succinct, lucidly argued, and lively in its detail, this book offers a brilliant summation of the life's work of a master historian.
Doing Time Like a Spy: How the CIA Taught Me to Survive and Thrive in Prison
John Kiriakou - 2017
His crime: blowing the whistle on the CIA's use of torture on Al Qaeda prisoners. Doing Time Like A Spy is Kiriakou's memoir of his twenty-three months in prison. Using twenty life skills he learned in CIA operational training, he was able to keep himself safe and at the top of the prison social heap. Including his award-winning blog series "Letters from Loretto," Doing Time Like a Spy is at once a searing journal of daily prison life and an alternately funny and heartbreaking commentary on the federal prison system.
Stasi State or Socialist Paradise?: The German Democratic Republic and What Became of It
Bruni de la Motte - 2015
Such descriptions are based largely on prejudice, ignorance and wilful animosity. This book is an attempt to provide a more balanced evaluation and to examine GDR-style socialism in terms of what we can learn from it. The authors, while not ignoring the real deficiencies of GDR society, emphasise the many aspects that were positive, and demonstrate that alternative ways of organising society are possible. This volume is an updated and much expanded edition of their booklet first published in 2009. The authors have added more detail on how the GDR came into being as a separate state, and about how society functioned and what values determined the every-day life of its citizens. There is also a whole new section on what happened in the aftermath of unification, particularly to the economy. While unification brought East Germans access to a more affluent society, freedom to travel throughout the world and the end to an over-centralised political system, it also brought with it unemployment, social breakdown and loss of hope, particularly in the once thriving rural areas.
The Face of Imperialism
Michael Parenti - 2011
Similarly the connection between US military interventions overseas and US domestic problems is rarely considered in any detail. In this brilliant new book, Michael Parenti reveals the true face of US imperialism. He documents how it promotes unjust policies across the globe including expropriation of natural resources, privatisation, debt burdens and suppression of democratic movements. He then demonstrates how this feeds into deteriorating living standards in the US itself, leading to increased poverty, decaying infrastructure and impending ecological disaster. The Face of Imperialism redefines empire and imperialism and connects the crisis in the US with its military escapades across the world.