Never Let a Serious Crisis Go to Waste: How Neoliberalism Survived the Financial Meltdown


Philip Mirowski - 2013
    Yet in the harsh light of a new day, attacks against government intervention and the global drive for austerity are as strong as ever. Never Let a Serious Crisis Go to Waste is the definitive account of the wreckage of what passes for economic thought, and how neoliberal ideas were used to solve the very crisis they had created. Now updated with a new afterword, Philip Mirowski’s sharp and witty work provides a roadmap for those looking to escape today’s misguided economic dogma.

The Pakistan Paradox: Instability and Resilience


Christophe Jaffrelot - 2014
    After rallying non-Urdu speaking leaders around him, Jinnah imposed a unitary definition of the new nation state that obliterated linguistic diversity. This centralisation - 'justified' by the Indian threat - fostered centrifugal forces that resulted in Bengali secessionism in 1971 and Baloch, as well as Mohajir, separatisms today. Concentration of power in the hands of the establishment remained the norm, and while authoritarianism peaked under military rule, democracy failed to usher in reform, and the rule of law remained fragile at best under Zulfikar Bhutto and later Nawaz Sharif. While Jinnah and Ayub Khan regarded religion as a cultural marker, since their time the Islamists have gradually prevailed. They benefited from the support of General Zia, while others, including sectarian groups, cashed in on their struggle against the establishment to woo the disenfranchised. Today, Pakistan faces existential challenges ranging from ethnic strife to Islamism, two sources of instability which hark back to elite domination. But the resilience of the country and its people, the resolve of the judiciary and hints of reform in the army may open a new and more stable chapter in its history.

The New Confessions of an Economic Hit Man


John Perkins - 2016
     Former economic hit man John Perkins shares new details about the ways he and others cheated countries around the globe out of trillions of dollars. Then he reveals how the deadly EHM cancer he helped create has spread far more widely and deeply than ever in the US and everywhere else--to become the dominant system of business, government, and society today. Finally, he gives an insider view of what we each can do to change it.Economic hit men are the shock troops of what Perkins calls the corporatocracy, a vast network of corporations, banks, colluding governments, and the rich and powerful people tied to them. If the EHMs can't maintain the corrupt status quo through nonviolent coercion, the jackal assassins swoop in. The heart of this book is a completely new section, over 100 pages long, that exposes the fact that all the EHM and jackal tools--false economics, false promises, threats, bribes, extortion, debt, deception, coups, assassinations, unbridled military power--are used around the world today exponentially more than during the era Perkins exposed over a decade ago.As dark as the story gets, this reformed EHM also provides hope. Perkins offers specific actions each of us can take to transform what he calls a failing Death Economy into a Life Economy that provides sustainable abundance for all.

The Road to Somewhere: The Populist Revolt and the Future of Politics


David Goodhart - 2017
    In fact, they were merely experiencing the same feeling that many British people have felt every day for years.Fifty years ago, people in leafy North London and people in working-class Northern towns could vote for a Labour party that broadly encompassed all of their interests. Today their priorities are poles apart.In this groundbreaking and timely book, Goodhart shows us how people have come to be divided into two camps: the 'Anywheres', who have 'achieved' identities, derived from their careers and education, and 'Somewheres', who get their identity from a sense of place and from the people around them, and who feel a sense of loss due to mass immigration and rapid social change.In a world increasingly divided by Brexit and Trump, Goodhart shows how Anywheres must come to understand and respect Somewhere values to stand a fighting chance against the rise of populism.

Poorly Made in China: An Insider's Account of the Tactics Behind China's Production Game


Paul Midler - 2009
    Midler is not only a knowledgeable guide to the invisible underbelly of the global economy, he is a sympathetic and astute observer of China, its challenges, and its people. A great read." --Pietra Rivoli, author of The Travels of a T-Shirt in the Global Economy"Paul Midler takes us for a ride through the fastest-growing economy in the world, revealing what can--and sometimes does--go wrong when U.S. companies shift production to China. Working in the heart of China's export hub, in the country's southern region, he has the advantage of a front-row seat to the no-holds-barred games played between manufacturers and importers. He introduces us to a cast of real-life characters and tells his story with a mix of affection and skepticism for what is taking place in China today. Midler delivers a revealing and often funny tale of life and commerce in a country whose exports touch nearly everyone on the planet." --Sara Bongiorni, author of A Year Without 'Made in China'

The Accursed Share: An Essay on General Economy, Volume I: Consumption


Georges Bataille - 1949
    In the second and third volumes, The History of Eroticism and Sovereignty, Bataille explores the same paradox of utility from an anthropological and an ethical perspective, respectively. The History of Eroticism analyzes the fears and fascination, the prohibitions and transgressions attached to the realm of eroticism as so many expressions of the "uselessness" of erotic life.

The Bottom Billion: Why the Poorest Countries Are Failing and What Can Be Done About It


Paul Collier - 2007
    The book shines much-needed light on this group of small nations, largely unnoticed by the industrialized West, that are dropping further and further behind the majority of the world's people, often falling into an absolute decline in living standards. A struggle rages within each of these nations between reformers and corrupt leaders--and the corrupt are winning. Collier analyzes the causes of failure, pointing to a set of traps that ensnare these countries, including civil war, a dependence on the extraction and export of natural resources, and bad governance. Standard solutions do not work, he writes; aid is often ineffective, and globalization can actually make matters worse, driving development to more stable nations. What the bottom billion need, Collier argues, is a bold new plan supported by the Group of Eight industrialized nations. If failed states are ever to be helped, the G8 will have to adopt preferential trade policies, new laws against corruption, new international charters, and even conduct carefully calibrated military interventions. Collier has spent a lifetime working to end global poverty. In The Bottom Billion, he offers real hope for solving one of the great humanitarian crises facing the world today.

The Occupy Handbook


Janet Byrne - 2012
     A guide to the occupation, The Occupy Handbook is a talked-about source for understanding why 1% of the people in America take almost a quarter of the nation's income and the long-term effects of a protest movement that even the objects of its attack can find little fault with.

Time to Start Thinking: America in the Age of Descent


Edward Luce - 2012
    It is time to start thinking."-Sir Ernest Rutherford, winner of the Nobel Prize in Nuclear PhysicsTime to Start Thinking is a book destined to spark debate among liberals and conservatives alike. Drawing on his decades of exceptional journalism and his connections within Washington and around the world, Luce advances a carefully constructed and controversial argument, backed up by interviews with many of the key players in politics and business, that America is losing its pragmatism - and that the consequences of this may soon leave the country high and dry.Luce turns his attention to a number of different key issues that are set to affect America's position in the world order: the changing structure of the US economy, the continued polarization of American politics; the debilitating effect of the "permanent election campaign"; the challenges involved in the overhaul of the country's public education system; and the health-or sickliness-of American innovation in technology and business. His conclusion, "An Exceptional Challenge" looks at America's dwindling options in a world where the pace is increasingly being set elsewhere. While many Americans believe that their country can and should retain its status as a global superpower, Luce sees this as an increasingly unlikely scenario, unless Americans themselves can stand up against the country's increasingly plutocratic character. America has bounced back successfully from the shocks of The Great Depression and the Soviet launch of Sputnik, but Luce wonders if the next crisis in American confidence may knock it off the top-dog position for good.As distressing as it is important, Time to Start Thinking presents an America in economic, social, and political crisis, in danger of losing its most defining and vital characteristic: its pragmatism.

The Great Financial Crisis: Causes and Consequences


John Bellamy Foster - 2008
    As banks collapsed and the state scrambled to organize one of the largest transfers of wealth in history, many--including economists and financial experts--were shocked by the speed at which events unfolded.In this new book, John Bellamy Foster and Fred Magdoff offer a bold analysis of the financial meltdown, how it developed, and the implications for the future. They examine the specifics of the housing bubble and the credit crunch as well as situate current events within a broader crisis of monopoly-finance capitalism--one that has been gestating for several decades. It is the "real" productive economy's tendency toward stagnation, they argue, that creates a need for capital to find ways to profitably invest its surplus. But rather than invest in socially useful projects that would benefit the vast majority, capital has constructed a financialized "casino" economy that neglects social needs and, as has become increasingly clear, is fatally unstable. Written over a two-year period immediately prior to the onset of the crisis, this timely and illuminating book is necessary reading for all those who wish to understand the current situation, how we got here, and where we are heading.

Tailspin: The People and Forces Behind America's Fifty-Year Fall–and Those Fighting to Reverse It


Steven Brill - 2018
    He shows us how, over the last half-century, America's core values--meritocracy, innovation, due process, free speech, and even democracy itself--have somehow managed to power its decline into dysfunction. They have isolated our best and brightest, whose positions at the top have never been more secure or more remote. The result has been an erosion of responsibility and accountability, an epidemic of shortsightedness, an increasingly hollow economic and political center, and millions of Americans gripped by apathy and hopelessness. By examining the people and forces behind the rise of big-money lobbying, legal and financial engineering, the demise of private-sector unions, and a hamstrung bureaucracy, Brill answers the question on everyone's mind: How did we end up this way? Finally, he introduces us to those working quietly and effectively to repair the damages. At once a diagnosis of our national ills, a history of their development, and a prescription for a brighter future, Tailspin is a work of riveting journalism--and a welcome antidote to political despair.

The Billionaire Raj: A Journey Through India's New Gilded Age


James Crabtree - 2018
    But the rewards of this growth have been far from evenly shared, and the country's top 1% now own nearly 60% of its wealth. In megacities like Mumbai, where half the population live in slums, the extraordinary riches of India's new dynasties echo the Vanderbilts and Rockefellers of yesterday, funneling profits from huge conglomerates into lifestyles of conspicuous consumption.James Crabtree's The Billionaire Raj takes readers on a personal journey to meet reclusive billionaires, fugitive tycoons, and shadowy political power brokers. From the sky terrace of the world's most expensive home to impoverished villages and mass political rallies, Crabtree dramatizes the battle between crony capitalists and economic reformers, revealing a tense struggle between equality and privilege playing out against a combustible backdrop of aspiration, class, and caste.

Taliban: Militant Islam, Oil and Fundamentalism in Central Asia


Ahmed Rashid - 2000
    The most extreme and radical of all Islamic organizations, the Taliban inspires fascination, controversy, and especially fear in both the Muslim world and the West. Correspondent Ahmed Rashid brings the shadowy world of the Taliban into sharp focus in this enormously interesting and revealing book. It is the only authoritative account of the Taliban and modern day Afghanistan available to English language readers.Based on his experiences as a journalist covering the civil war in Afghanistan for twenty years, traveling and living with the Taliban, and interviewing most of the Taliban leaders since their emergence to power in 1994, Rashid offers unparalleled firsthand information. He explains how the growth of Taliban power has already created severe instability in Russia, Iran, Pakistan, and five Central Asian republics. He describes the Taliban' s role as a major player in a new "Great Game"—a competition among Western countries and companies to build oil and gas pipelines from Central Asia to Western and Asian markets. The author also discusses the controversial changes in American attitudes toward the Taliban—from early support to recent bombings of Osama Bin Laden's hideaway and other Taliban-protected terrorist bases—and how they have influenced the stability of the region.

Debunking Economics: The Naked Emperor Dethroned?


Steve Keen - 2001
    When the original Debunking Economics was published in 2001, the market economy seemed invincible, and conventional "neoclassical" economic theory basked in the limelight. Steve Keen argued that economists deserved none of the credit for the economy's performance, and "The false confidence it has engendered in the stability of the market economy has encouraged policy-makers to dismantle some of the institutions which initially evolved to try to keep its instability within limits." That instability exploded with the devastating financial crisis of 2007, and now haunts the global economy with the prospect of another Depression. In this expanded and updated new edition, Keen builds on his scathing critique of conventional economic theory while explaining what mainstream economists cannot: why the crisis occurred, why it is proving to be intractable, and what needs to be done to end it. Essential for anyone who has ever doubted the advice or reasoning of economists, Debunking Economics (Revised and Expanded Edition) provides a signpost to a better future.

Military Inc.: Inside Pakistan's Military Economy


Ayesha Siddiqa - 2007
    Nominally a strategic ally in the war on terror, it is the third-largest recipient of US aid in the world. At the same time, it is run by its military and intelligence service—whose goals certainly do not always overlap with US priorities.             This book offers a close look at what the rise of the military has meant for Pakistani society. Ayesha Siddiqa shows how entrenched the military has become, not just in day-to-day governance, but in the Pakistani corporate sector as well. What are the consequences of this unprecedented merging of the military and corporate sectors? What does it mean for Pakistan’s economic development—let alone for hopes of an eventual return to democracy and de-militarization? This new edition brings Siddiqa’s account fully up to date with a new preface and conclusion that emphasize the changing role of the media.