How Will Capitalism End? Essays on a Failing System


Wolfgang Streeck - 2016
    Growth has given way to stagnation; inequality is leading to instability; and confidence in the money economy has all but evaporated.In How Will Capitalism End?, the acclaimed analyst of contemporary politics and economics Wolfgang Streeck argues that the world is about to change. The marriage between democracy and capitalism, ill-suited partners brought together in the shadow of World War Two, is coming to an end. The regulatory institutions that once restrained the financial sector’s excesses have collapsed and, after the final victory of capitalism at the end of the Cold War, there is no political agency capable of rolling back the liberalization of the markets.Ours has become a world defined by declining growth, oligarchic rule, a shrinking public sphere, institutional corruption and international anarchy, and no cure to these ills is at hand.

The History and Topography of Ireland


Gerald of Wales
    A member of one of the leading Norman families involved in the invasion of Ireland, he first visited there in 1183 and later returned in the entourage of Henry II. The resulting Topographia Hiberniae is an extraordinary account of his travels. Here he describes landscapes, fish, birds and animals; recounts the history of Ireland's rulers; and tells fantastical stories of magic wells and deadly whirlpools, strange creatures and evil spirits. Written from the point of view of an invader and reformer, this work has been rightly criticized for its portrait of a primitive land, yet it is also one of the most important sources for what is known of Ireland during the Middle Ages.

Fault Lines: How Hidden Fractures Still Threaten the World Economy


Raghuram G. Rajan - 2010
    Now, as the world struggles to recover, it's tempting to blame what happened on just a few greedy bankers who took irrational risks and left the rest of us to foot the bill. In "Fault Lines," Rajan argues that serious flaws in the economy are also to blame, and warns that a potentially more devastating crisis awaits us if they aren't fixed.Rajan shows how the individual choices that collectively brought about the economic meltdown--made by bankers, government officials, and ordinary homeowners--were rational responses to a flawed global financial order in which the incentives to take on risk are incredibly out of step with the dangers those risks pose. He traces the deepening fault lines in a world overly dependent on the indebted American consumer to power global economic growth and stave off global downturns. He exposes a system where America's growing inequality and thin social safety net create tremendous political pressure to encourage easy credit and keep job creation robust, no matter what the consequences to the economy's long-term health; and where the U.S. financial sector, with its skewed incentives, is the critical but unstable link between an overstimulated America and an underconsuming world.In "Fault Lines," Rajan demonstrates how unequal access to education and health care in the United States puts us all in deeper financial peril, even as the economic choices of countries like Germany, Japan, and China place an undue burden on America to get its policies right. He outlines the hard choices we need to make to ensure a more stable world economy and restore lasting prosperity.

The Deluge: The Great War, America and the Remaking of the Global Order, 1916-1931


Adam Tooze - 2014
    In the depths of the Great War, with millions dead and no imaginable end to the conflict, societies around the world began to buckle. The heart of the financial system shifted from London to New York. The infinite demands for men and matériel reached into countries far from the front. The strain of the war ravaged all economic and political assumptions, bringing unheard-of changes in the social and industrial order.A century after the outbreak of fighting, Adam Tooze revisits this seismic moment in history, challenging the existing narrative of the war, its peace, and its aftereffects. From the day the United States enters the war in 1917 to the precipice of global financial ruin, Tooze delineates the world remade by American economic and military power.Tracing the ways in which countries came to terms with America’s centrality—including the slide into fascism—The Deluge is a chilling work of great originality that will fundamentally change how we view the legacy of World War I.

Manias, Panics, and Crashes: A History of Financial Crises


Charles P. Kindleberger - 1978
    Since its introduction in 1978, this book has charted and followed this volatile world of financial markets. Charles Kindleberger's brilliant, panoramic history revealed how financial crises follow a nature-like rhythm: they peak and purge, swell and storm. Now this newly revised and expanded Fourth Edition probes the most recent "natural disasters" of the markets--from the difficulties in East Asia and the repercussions of the Mexican crisis to the 1992 Sterling crisis. His sharply drawn history confronts a host of key questions. Charles P. Kindleberger (Boston, MA) was the Ford Professor of Economics at MIT for thirty-three years. He is a financial historian and prolific writer who has published over twenty-four books.

The Barbarous Years: The Peopling of British North America: The Conflict of Civilizations, 1600-1675


Bernard Bailyn - 2012
    They moved to the western hemisphere for different reasons, from different social backgrounds and cultures. Even the majority that came from England fitted no distinct socioeconomic or cultural pattern. They came bearing their diverse life styles: from commercialized London and southeast; from isolated farmlands in the north; from Midlands towns south and west. They represented a spectrum of religious attachments. They came hoping to re-create these diverse lifestyles in a remote and, to them, barbarous environment. In the early years, their stories are mostly ones of confusion, failure, violence, and the loss of civility as they sought to normalize situations and recapture lost worlds. And in the process, they tore apart the normalities of the people whose world they had invaded.      Later generations often gentrified these early years of the peopling of British North America, but there was nothing genteel about it. Bernard Bailyn shows that it was a thoroughly brutal encounter—not only between the Europeans and native peoples and between Europeans and Africans, but among Europeans themselves, as they sought to control and prosper in the new configurations of life that were emerging around them. It is these vivid, compelling stories that Bailyn gives us in this extraordinary, fresh account of the early years of our nation.

Three Famines


Tom Keneally - 2010
    "In the Irish, Bengali and Ethopian famines, ideology, mindsets of governments, racial preconceptions and administrative incompetence were more lethal than the initiating blight, the loss of potatoes or rice or the grain named teff."--Dust cover.

The Táin: From the Irish Epic Táin Bó Cúailnge


Anonymous
    It tells the story of a great cattle-raid, the invasion of Ulster by the armies of Medb and Ailill, queen and king of Connacht, and their allies, seeking to carry off the great Brown Bull of Cúailnge. The hero of the tale is Cúchulainn, the Hound of Ulster, who resists the invaders single-handed, while Ulster's warriors lie sick.Thomas Kinsella's presents a complete and living version of the story. His translation is based on the partial texts in two medieval manuscripts, with elements from other version, and adds a group of related stories which prepare for the action of the Táin. Illustrated with brush drawings by Louis le Brocquy, this edition provides a combination of medieval epic and modern art.

The Relentless Revolution: A History of Capitalism


Joyce Appleby - 2009
    It is a framework of constant change, sometimes measured and predictable, sometimes drastic and out of control. Yet what is now ubiquitous was not always so. Capitalism took shape centuries ago, starting with a handful of isolated changes in farming, trade, and manufacturing, clustered in early-modern England. Astute observers began to notice these changes and consider their effects. Those in power began to harness these new practices to the state, enhancing both. A system generating wealth, power, and new ideas arose to reshape societies in a constant surge of change.The centuries-long history of capitalism is rich and eventful. Approaching capitalism as a culture, as important for its ideas and values as for its inventions and systems, Joyce Appleby gives us a fascinating introduction to this most potent creation of mankind from its origins to now.

The Bloodied Field


Michael Foley - 2014
    That afternoon she went with her fiancée to watch Tipperary and Dublin play a gaelic football match at Croke Park. Across the city nine men lay dead in their beds after a synchronised IRA attack designed to cripple British intelligence services in Ireland. Trucks of police and military rumbled through the city streets as hundreds of people clamoured at the metal gates of Dublin Castle seeking refuge. Some of them were headed for Croke Park.Award-winning journalist and author Michael Foley recounts the extraordinary story of Bloody Sunday in Croke Park and the 90 seconds of shooting that changed Irish history forever. In a deeply intimate portrait he tells for the first time the stories of those killed, the police and military that were in Croke Park that day, and the families left shattered in its aftermath, all against the backdrop of a fierce conflict that stretched from the streets of Dublin and the hedgerows of Tipperary to the halls of Westminster.

The Celts: A History


Peter Berresford Ellis - 1994
    Even after their conquest by the Romans, their culture remained vigorous, ensuring that much of it endured to feed an endless fascination with Celtic history and myths, artwork and treasures.Peter Berresford Ellis, a foremost authority on the Celtic peoples and their culture, presents an invigorating overview of their world. With his gift for making the scholarly accessible, he discusses the Celts' mysterious origins and early history, and investigates their rich and complex society. His use of recently uncovered finds brings fascinating insights into Celtic kings and chieftains, architecture, arts, medicine, religion, myths and legends, making this essential reading for any search for Europe's ancient past. "[A] vivid and enlightening representation of a fascinating civilization. Anyone interested in the ancient world will find in it an informative and enjoyable adjustment of many assumptions about the Celts." David Rankin, The Times Higher Education Supplement "This book must become the standard introduction for anyone interested in Europe's ancient Celtic civilisation." Contemporary Review

The Making of the English Working Class


E.P. Thompson - 1963
    E.P. Thompson shows how the working class took part in its own making & recreates the whole life experience of people who suffered loss of status & freedom, who underwent degradation & who yet created a culture & political consciousness of great vitality. "Thompson's book has been called controversial, but perhaps only because so many have forgotten how explosive England was during the Regency & the early reign of Victoria. Without any reservation, The Making of the English Working Class is the most important study of those days since the classic work of the Hammonds."--Commentary "Mr Thompson's deeply human imagination & controlled passion help us to recapture the agonies, heroisms & illusions of the working class as it made itself. No one interested in the history of the English people should fail to read his book."--Times Literary Supplement

The Bourgeois Virtues: Ethics for an Age of Commerce


Deirdre Nansen McCloskey - 2006
    And for a millennium and a half, the philosophers and theologians of Europe have scorned the marketplace. The bourgeois life, capitalism, Mencken’s “booboisie” and David Brooks’s “bobos”—all have been, and still are, framed as being responsible for everything from financial to moral poverty, world wars, and spiritual desuetude. Countering these centuries of assumptions and unexamined thinking is Deirdre McCloskey’s The Bourgeois Virtues, a magnum opus that offers a radical view: capitalism is good for us.McCloskey’s sweeping, charming, and even humorous survey of ethical thought and economic realities—from Plato to Barbara Ehrenreich—overturns every assumption we have about being bourgeois. Can you be virtuous and bourgeois? Do markets improve ethics? Has capitalism made us better as well as richer? Yes, yes, and yes, argues McCloskey, who takes on centuries of capitalism’s critics with her erudition and sheer scope of knowledge. Applying a new tradition of “virtue ethics” to our lives in modern economies, she affirms American capitalism without ignoring its faults and celebrates the bourgeois lives we actually live, without supposing that they must be lives without ethical foundations. High Noon, Kant, Bill Murray, the modern novel, van Gogh, and of course economics and the economy all come into play in a book that can only be described as a monumental project and a life’s work. The Bourgeois Virtues is nothing less than a dazzling reinterpretation of Western intellectual history, a dead-serious reply to the critics of capitalism—and a surprising page-turner.

Freaks of Fortune: The Emerging World of Capitalism and Risk in America


Jonathan I. Levy - 2012
    "Freaks of Fortune" tells the story of how the modern concept of risk emerged in the United States. Born on the high seas, risk migrated inland and became essential to the financial management of an inherently uncertain capitalist future.Focusing on the hopes and anxieties of ordinary people, Jonathan Levy shows how risk developed through the extraordinary growth of new financial institutions insurance corporations, savings banks, mortgage-backed securities markets, commodities futures markets, and securities markets while posing inescapable moral questions. For at the heart of risk s rise was a new vision of freedom. To be a free individual, whether an emancipated slave, a plains farmer, or a Wall Street financier, was to take, assume, and manage one s own personal risk. Yet this often meant offloading that same risk onto a series of new financial institutions, which together have only recently acquired the name financial services industry. Levy traces the fate of a new vision of personal freedom, as it unfolded in the new economic reality created by the American financial system.Amid the nineteenth-century s waning faith in God s providence, Americans increasingly confronted unanticipated challenges to their independence and security in the boom and bust chance-world of capitalism. "Freaks of Fortune" is one of the first books to excavate the historical origins of our own financialized times and risk-defined lives.

The Unbound Prometheus: Technological Change and Industrial Development in Western Europe from 1750 to the Present


David S. Landes - 1969
    He has now extended it by adding a full-scale analysis of modern industrial Europe from the First World War to the 1960s. In his new Introduction, Professor Landes discusses the characteristics, progress, and political, economic and social implications of the Industrial Revolution in Britain, France and Germany. He raises the general question: why was Europe the first to industrialize? His section on the inter-war years covers the effect of the First World War in accelerating the dissolution of the old international economy, the reasons for monetary instability and the consequences of monetary difficulties for the economic history of Europe. In particular he discusses the causes of the economic crisis of 1929-1932, the reasons for its severity and quasi-universality and for Britain's early and sustained recovery. An important theme is the impediments posed by generalized international egoism to the efficiency and growth of the European economies. In his final chapter on the economic recovery of Western Europe after the Second World War, Professor Landes examines the forces which have operated since the early 1950s to give Western Europe a period of unprecedented economic growth. He raises the vital question: is this recent boom a temporary phenomenon or the first stage in a new trend of more rapid growth, reflecting an acceleration in technological advance?