The Ponzi Factor: The Simple Truth About Investment Profits


Tan Liu - 2018
    First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as self-evident." --Arthur SchopenhauerThe Ponzi Factor is the most comprehensive research ever compiled on the negative-sum nature of capital gains (non-dividend stocks). The book shows why, as a whole, ALL investors will lose money from buying and selling stocks.Most people don’t realize that profits from buying and selling stocks come from other investors who are also buying and selling stocks. When one investor buys low and sells high, another investor is also buying high and needs to sell for even higher. Companies like Google, Telsa, Facebook never pay their investors. Their investors’ profits are dependent on the inflow of money from new investors, which by definition, is how a Ponzi scheme works.This book is not for everyone. If you are a finance junkie who wants to rationalize why companies don’t have to pay their investors and believe a system that shuffles money between investor can magically create more money than people contribute, then this book is not for you. On the other hand, if you understand why we can’t create money by shuffling it with imaginary paper, and that investors invest because they want money, not value, then you will learn something you will never forget: The mechanics of how the stock market works and what really makes a stock price move.A stock without dividends is a Ponzi asset. It’s not how equity instruments were designed to work historically and not how ownership instruments are supposed to work logically. The Ponzi Factor is not a perspective or an opinion. It is a proof that is based on definition, logic, and it is supported by observable facts and history. This is not a story that will disappear after another market crash. It is an idea that will remain relevant for as long as the stock market exists.Lastly, to critics, the naysayer, and the finance junkies who think the imaginary value = cash. The author will award $20,000 to anyone who can show why non-dividend stocks DO NOT meet the definition of a Ponzi scheme. That’s $20,000 in cash, not value. (Details on this book's website. The Ponzi Factor. Proof by Definition.)

Post-Democracy: A Sociological Introduction


Colin Crouch - 2000
     Colin Crouch argues that the decline of those social classes which had made possible an active and critical mass politics has combined with the rise of global capitalism to produce a self-referential political class more concerned with forging links with wealthy business interests than with pursuing political programmes which meet the concerns of ordinary people. He shows how, in some respects, politics at the dawn of the twenty-first century returns us to a world familiar well before the start of the twentieth, when politics was a game played among elites. However, Crouch maintains that the experience of the twentieth century remains salient and it reminds us of possibilities for the revival of politics. This engaging book will prove challenging to all those who claim that advanced societies have reached a virtual best of all possible democratic worlds, and will be compelling reading for anyone interested in the shape of twenty-first-century politics.

The Malaise of Modernity


Charles Taylor - 1991
    To Taylor, self-fulfillment, although often expressed in self-centered ways, isn't necessarily a rejection of traditional values and social commitment; it also reflects something authentic and valuable in modern culture. Only by distinguishing what is good in this modern striving from what is socially and politically dangerous, Taylor says, can our age be made to deliver its promise.

The Problem of China


Bertrand Russell - 1993
    Quality assurance was conducted on each of these books in an attempt to remove books with imperfections introduced by the digitization process. Though we have made best efforts - the books may have occasional errors that do not impede the reading experience. We believe this work is culturally important and have elected to bring the book back into print as part of our continuing commitment to the preservation of printed works worldwide.

Governing the World: The Rise and Fall of an Idea, 1815 to the Present


Mark Mazower - 2012
    But how could sovereign nations be made to share power and learn to look beyond their own narrow interests? The old monarchs had one idea. Mazzini and the partisans of nationalist democracy had another, and so did Marx and the radical Left. It is an argument that has raged for two hundred years now, and Mark Mazower tells its history enthrallingly in Governing the World. With each era, the stakes have grown higher as the world has grown smaller and the potential rewards to cooperation and damage from conflict have increased.As Mark Mazower shows us, each age’s dominant power has set the tune, and for nearly a century that tune has been sung in English. He begins with Napoleon’s defeat, in 1815, when England, Russia, Austria, and Prussia formed the Concert of Europe. Against this, there emerged many of the ideas that would shape the international institutions of the twentieth century–liberal nationalism, communism, the expertise of the scientist and the professional international lawyers. Mazower traces these ideas into the Great War through to the League of Nations. He explains how the League collapsed when confronted by the atrocities of the Third Reich, and how a more hard-nosed approach to international governance emerged in its wake.The United Nations appeared in the aftermath of Pearl Harbor, and a war-fighting alliance led by Great Britain and the United States was ultimately what transformed into an international peacetime organization. Mazower examines the ideas that shaped the UN, the compromises and constraints imposed by the Cold War and its transformation in the high noon of decolonization. The 1970s ushered in a sea change in attitudes to international government through the emergence of a vision of globalized capitalism in the 1970s that marginalized the UN itself and utilized bodies like the World Bank, the International Monetary Fund, and the World Trade Organization—the final acts of Anglo- American institution-building.But the sun is setting on Anglo-American dominance of the world’s great international institutions. We are at the end of an era, Mazower explains, and we are passing into a new age of global power relations, a shift whose outcome is still very much in question.

Power Moves


NOT A BOOK - 2019
    Private corner offices and management by decree are out, as is unquestioned trust in the government and media. These former pillars of traditional power have been replaced by networks of informed citizens who collectively wield more power over their personal lives, employers, and worlds than ever before. So how do you navigate this new landscape and come out on top? Adam Grant, Wharton organizational psychologist and New York Times best-selling author of Give and Take, Originals, and Option B, went to the World Economic Forum in Davos, the epicenter of power, and sat down with thought leaders from around the world, to find out.In interviews with two dozen leaders and thinkers - from top executives at Google, GM, Slack, and Goldman Sachs, to the CEO of the Gates Foundation and NASA's former chief scientist - Grant shares hard-earned insight on how to succeed in this new era of hyper-linked power. He also explores how it's reshaping everything from how employees work to how employers manage their workers, from how women rise in the office to how scientists influence policy.The combination of captivating interviews, compelling data, and Grant's unmistakably incisive and actionable analysis results in an inspiring crash course from the frontlines on the changing nature of power today.

Louis-Hippolyte Lafontaine and Robert Baldwin


John Ralston Saul - 2010
    Here he argues that Canada did not begin in 1867; indeed, its foundation was laid by two visionary men, Louis-Hippolyte LaFontaine and Robert Baldwin. The two leaders of Lower and Upper Canada, respectively, worked together after the 1841 Union to lead a reformist movement for responsible government run by elected citizens instead of a colonial governor.But it was during the "Great Ministry" of 1848—51 that the two politicians implemented laws that created a more equitable country. They revamped judicial institutions, created a public education system, made bilingualism official, designed a network of public roads, began a public postal system, and reformed municipal governance. Faced with opposition, and even violence, the two men— polar opposites in temperament—united behind a set of principles and programs that formed modern Canada. Writing with verve and deep conviction, Saul restores these two extraordinary Canadians to rightful prominence.

The Necessity of Atheism and Other Essays


Percy Bysshe Shelley - 1993
    As Shelley observes in his dialogue "A Refutation of Deism," there can be no middle ground between accepting revealed religion and disbelieving in the existence of a diety - another way of stating the necessity of atheism.In all, these essays provide an important statement of the poet and freethinker's enlightened views on skepticism, faith, and the corruption of organized Christianity

Why We Fight: Defeating America's Enemies - With No Apologies


Sebastian Gorka - 2018
    Dr. Gorka knows Donald Trump and the threats we face. Buy and read Why We Fight to find how we win and what it means to be an American hero." — RUSH LIMBAUGH WAR. It will happen again. We must be ready. Sober words from Dr. Sebastian Gorka, a man who has made the unvarnished truth his specialty. And there’s one eternal truth that Americans are in danger of forgetting: the most important weapon in any geopolitical conflict is the will to win. And we must win.  In this powerful manifesto, Dr. Gorka explains the basic principles that have guided strategists since Sun Tzu penned The Art of War in the sixth century B.C. To defeat your enemy, you must know him. But that’s the last thing liberal elites are interested in. Willful ignorance about our adversary—whether it’s Russia, China, or the global jihadi movement—has been crippling. Tearing off America’s politically correct blindfold, Dr. Gorka clarifies who our foes are and what makes them tick. An eight-year vacation from geopolitical reality under Obama left our country dangerously weakened. Dr. Gorka addresses the pressing questions we face as we rebuild under President Trump’s leadership: - What are the most serious threats to American security? - How are they different from the threats of the past? - What can we do to counter these threats? - How can we achieve the “perfect victory” of vanquishing our enemies without mortal combat? All the money and weapons in the world cannot substitute for the will to fight for our precious country and what she represents. To remind us of what the will to win looks like, Dr. Gorka intersperses the stories of four American heroes—Stephen Decatur, Chesty Puller, “Red” McDaniel, and a warrior who never took up arms, Whittaker Chambers—men who believed in their country and put everything on the line for her.

Trust: Twenty Ways to Build a Better Country


David Johnston - 2018
    One of Canada's most revered governors general, David Johnston mines his long life and varied career to give Canadians twenty ways to make themselves, their institutions, and their country more worthy of trust.Many of these habits, attitudes, and approaches stem from his experiences serving as the representative of the head of state in Canada for seven years. Some ways are individual--listen first, never manipulate, be consistent in public and private. Some are geared toward leaders at all levels and of all stripes--be barn-raisers, tell everyone your plans, depend on those around you. And some are societal--apologize, cherish teachers, invite others to dance.As such, not only every Canadian, but also every person who cares about their democratic way of life is wise to heed David Johnston's polite yet pressing call. You can become more worthy of trust. You can spot and encourage this vital quality in others. You can be an instrumental force in restoring trust in your community and country--making them better for yourself and your fellow citizens, and the world better for all.

China: Fragile Superpower


Susan L. Shirk - 2007
    But in China: Fragile Superpower, Susan L. Shirk opens up the black box of Chinese politics and finds that the real danger lies elsewhere--not in China's astonishing growth, but in the deep insecurity of its leaders. China's leaders face a troubling paradox: the more developed and prosperous the country becomes, the more insecure and threatened they feel. Shirk, a former Deputy Assistant Secretary of State responsible for China, knows many of today's Chinese rulers personally and has studied them for three decades. She offers invaluable insight into how they think--and what they fear. In this revealing book, readers see the world through the eyes of men like President Hu Jintao and former President Jiang Zemin. We discover a fragile communist regime desperate to survive in a society turned upside down by miraculous economic growth and a stunning new openness to the greater world. Indeed, ever since the 1989 pro-democracy protests in Tiananmen Square and the fall of communism in the Soviet Union, Chinese leaders have been afraid of its own citizens, and this fear motivates many of their decisions when dealing with the U.S. and other nations. In particular, the fervent nationalism of the Chinese people, combined with their passionate resentment of Japan and attachment to Taiwan, have made relations with this country a minefield. The paperback edition features a new preface by the author.

Two Zen Classics: The Gateless Gate and the Blue Cliff Records


Katsuki Sekida - 1977
    The two works translated in this book, Mumonkan (The Gateless Gate ) and Hekiganroku (The Blue Cliff Record), both compiled during the Song dynasty in China, are the best known and most frequently studied koan collections, and are classics of Zen literature. They are still used today in a variety of practice lineages, from traditional zendos to modern Zen centers. In a completely new translation, together with original commentaries, the well-known Zen teacher Katsuki Sekida brings to these works the same fresh and pragmatic approach that made his Zen Training so successful. The insights of a lifetime of Zen practice and his familiarity with both Eastern and Western ways of thinking make him an ideal interpreter of these texts.

The Leadership Secrets of Genghis Khan


John Man - 2009
    As a teenager he was an outcast, fleeing enemies on a mountain in northern Mongolia, an exile, a nobody. Yet it took only twenty years for Genghis to build the largest land empire in history: four times the size of Alexander’s, twice the size of Rome’s. How did he do it? What lessons does his life reveal about the nature of leadership? What is “greatness” in leadership? What traits did Genghis possess exactly? Might they apply in other times and other places — even here and today?John Man re-examines the life of Genghis Khan to discover the qualities, characteristics and strategies that made him the great leader that he was. The answers are sometimes surprising. Far from being just the tyrant that history records, he was a leader of exceptional vision and modernity. And many of the secrets of his success are as useful in today’s competitive business world as they were in rallying the Mongol hordes.

The Political Language of Islam


Bernard Lewis - 1988
    His analysis of documents written in Arabic, Persian, and Turkish illuminates differences between Muslim political thinking and Western political theory, and clarifies the perception, discussion, and practices of politics in the Islamic world."Lewis's own style, combining erudition with a simple elegance and subtle humor, continues to inspire. In an era of specialization and narrowing academic vision, he stands alone as one who deserves, without qualification, the title of historian of Islam."—Martin Kramer, Middle East Review"A superb effort at synthesis that presents all the relevant facts of Middle Eastern history in an eminently lucid form. . . . It is a book that should prove both rewarding and congenial to the Muslim reader."—S. Parvez Manzor, Muslim World Book Review"By bringing his thoughts together in this clear, concise and readable account, [Lewis] has placed in his debt scholars and all who seek to understand the Muslim world."—Ann K. S. Lambton, Bulletin of the School of Oriental and African Studies"[Lewis] constructs a fascinating account of the ways in which Muslims have conceived of the relations between ruler and ruled, rights and duties, legitimacy and illegitimacy, obedience and rebellion, justice and oppression. And he shows how changes in political attitudes and concepts can be traced through changes in the political vocabulary."—Shaul Bakhash, New York Review of Books

Democracy's Discontent: America in Search of a Public Philosophy


Michael J. Sandel - 1996
    American politics has lost its civic voice, leaving both liberals and conservatives unable to inspire the sense of community and civic engagement that self-government requires.In search of a public philosophy adequate to our time, Sandel ranges across the American political experience, recalling the arguments of Jefferson and Hamilton, Lincoln and Douglas, Holmes and Brandeis, FDR and Reagan. He relates epic debates over slavery and industrial capitalism to contemporary controversies over the welfare state, religion, abortion, gay rights, and hate speech. Democracy's Discontent provides a new interpretation of the American political and constitutional tradition that offers hope of rejuvenating our civic life.