Any ambitious proposal, however, inevitably runs into the buzz saw of how to find the money to pay for it, rooted in myths about deficits that are hobbling us as a country.Kelton busts through the myths that prevent us from taking action: that the federal government should budget like a household, that deficits will harm the next generation, crowd out private investment, and undermine long-term growth, and that entitlements are propelling us toward a grave fiscal crisis.MMT, as Kelton shows, shifts the terrain from narrow budgetary questions to one of broader economic and social benefits. With its important new ways of understanding money, taxes, and the critical role of deficit spending, MMT redefines how to responsibly use our resources so that we can maximize our potential as a society. MMT gives us the power to imagine a new politics and a new economy and move from a narrative of scarcity to one of opportunity.

    It is a collection of essays by one of Canada's greatest historians, on a subject that opened broad new avenues of thought on the role of media in the creation of history. Marshall McLuhan, deeply influenced by these essays, led North America to a new awareness of the role of media in contemporary culture. The works of Harold Innis are seminal in the study of Canadian history; the essays in this volume continue to generate intense dabate among historians, communications scholars, and media theorists.

    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.

    . . has concentrated into 176 pages a profoundly affecting argument" (Business Week) that draws on interviews with dismissed IBM executives, bakers, a bartender turned advertising executive, and many others to call into question the terms of our new economy. In his 1972 classic, The Hidden Injuries of Class (written with Jonathan Cobb), Sennett interviewed a man he called Enrico, a hardworking janitor whose life was structured by a union pay schedule and given meaning by his sacrifices for the future. In this new book-a #1 bestseller in Germany-Sennett explores the contemporary scene characterized by Enrico's son, Rico, whose life is more materially successful, yet whose work lacks long-term commitments or loyalties. Distinguished by Sennett's "combination of broad historical and literary learning and a reporter's willingness to walk into a store or factory [and] strike up a conversation" (New York Times Book Review), this book "challenges the reader to decide whether the flexibility of modern capitalism . . . is merely a fresh form of oppression" (Publishers Weekly, starred review). Praise for The Corrosion of Character: "A benchmark for our time."—Daniel Bell "[A]n incredibly insightful book."—William Julius Wilson "[A] remarkable synthesis of acute empirical observation and serious moral reflection."—Richard Rorty "[Sennett] offers abundant fresh insights . . . illuminated by his concern with people's struggle to give meaning to their lives."—[Memphis] Commercial Appeal

    Taken together, they are the culmination of more than fifty years of reflection on liberalism and on some of the most pressing problems of our times by John Rawls."The Law of Peoples" extends the idea of a social contract to the Society of Peoples and lays out the general principles that can and should be accepted by both liberal and non-liberal societies as the standard for regulating their behavior toward one another. In particular, it draws a crucial distinction between basic human rights and the rights of each citizen of a liberal constitutional democracy. It explores the terms under which such a society may appropriately wage war against an "outlaw society" and discusses the moral grounds for rendering assistance to non-liberal societies burdened by unfavorable political and economic conditions."The Idea of Public Reason Revisited" explains why the constraints of public reason, a concept first discussed in Political Liberalism (1993), are ones that holders of both religious and non-religious comprehensive views can reasonably endorse. It is Rawls's most detailed account of how a modern constitutional democracy, based on a liberal political conception, could and would be viewed as legitimate by reasonable citizens who on religious, philosophical, or moral grounds do not themselves accept a liberal comprehensive doctrine--such as that of Kant, or Mill, or Rawls's own "Justice as Fairness," presented in A Theory of Justice (1971).

    Putting scandals in the Church and the media's response in a much larger context, this stimulating history is a model of nuanced scholarship and provocative reading.

    Klein and Michael Pettis show in this book, they are often the unexpected result of domestic political choices to serve the interests of the rich at the expense of workers and ordinary retirees.   Klein and Pettis trace the origins of today’s trade wars to decisions made by politicians and business leaders in China, Europe, and the United States over the past thirty years. Across the world, the rich have prospered while workers can no longer afford to buy what they produce, have lost their jobs, or have been forced into higher levels of debt. In this thought-provoking challenge to mainstream views, the authors provide a cohesive narrative that shows how the class wars of rising inequality are a threat to the global economy and international peace—and what we can do about it.

    He's the United Nations diplomat who double-parks his Mercedes on New York City streets at rush hour because the cops can't touch him--he has diplomatic immunity. He's the Chinese smuggler who dodges tariffs by magically transforming frozen chickens into frozen turkeys. The dictator, the warlord, the unscrupulous bureaucrat who bilks the developing world of billions in aid. The calculating crook who views stealing and murder as just another part of his business strategy. And, in the wrong set of circumstances, he might just be you.In Economic Gangsters, Raymond Fisman and Edward Miguel take readers into the secretive, chaotic, and brutal worlds inhabited by these lawless and violent thugs. Join these two sleuthing economists as they follow the foreign aid money trail into the grasping hands of corrupt governments and shady underworld characters. Spend time with ingenious black marketeers as they game the international system. Follow the steep rise and fall of stock prices of companies with unseemly connections to Indonesia's former dictator. See for yourself what rainfall has to do with witch killings in Tanzania--and more.Fisman and Miguel use economics to get inside the heads of these "gangsters," and propose solutions that can make a difference to the world's poor--including cash infusions to defuse violence in times of drought, and steering the World Bank away from aid programs most susceptible to corruption.Take an entertaining walk on the dark side of global economic development with Economic Gangsters.

    A historian and journalist who was one of the earliest and staunchest Afrikaner opponents of apartheid, Hermann Giliomee weaves together life stories and historical interpretation to create a narrative history of the Afrikaners from their beginnings with the colonization of the Cape of Good Hope by the Dutch East India Company to the dismantling of apartheid and beyond. The Afrikaners emphasizes the crucial role played by historical actors without underplaying the impact of social forces over which they had little control. Throughout their history, Giliomee's Afrikaners are both colonizers and colonized. Actual or virtual servants of the Dutch East India Company, the Dutch "burghers" nonetheless owned slaves and commanded servant labor. The British conquests of 1795 and 1806 extended the rights of British subjects to Afrikaners, even as they took away the Afrikaners' political autonomy and confirmed an economic and cultural subordination that was only partly alleviated by their dominance of South African politics in the latter part of the twentieth century.Demographically squeezed between far more numerous Africans (and other nonwhite groups) and their more affluent and culturally confident English compatriots, the Afrikaners forged a language-based national identity in which die-hard defense of privilege and opposition to various forms of British domination are inextricably intertwined with fears about cultural and even physical group survival. This nationalism underlay the Great Trek, in which Afrikaners opposed the abolition of slavery and legalized racial discrimination by the British; the irony of their becoming the twentieth century's first fighters against imperial domination in the Boer War; and the Afrikaners' rise to political dominance over their English rivals and nonwhite South Africans alike, even as they remained economically and culturally subordinate to the former. This same language-based nationalism spawned the blunders and horrors of apartheid, but it also led the Afrikaners to relinquish power peacefully when this seemed the safest route to their survival as a people.While documenting--and in important ways revising--the history of the Afrikaners' pursuit of racial domination (as well as British contributions to that enterprise), Giliomee supplies Afrikaners' own, often divided, perspectives on their history, perspectives not always or entirely skewed by their struggle for privilege at Africans' expense. The result is not only a magisterial history of the Afrikaners but a fuller understanding of their history, which, for good or ill, resonates far beyond the borders of South Africa.

    Sheila Miyoshi Jager presents the first comprehensive history of this misunderstood war, one that risks involving the world’s superpowers—again. Her sweeping narrative ranges from the middle of the Second World War—when Korean independence was fiercely debated between Roosevelt, Stalin, and Churchill—to the present day, as North Korea, with China’s aid, stockpiles nuclear weapons while starving its people. At the center of this conflict is an ongoing struggle between North and South Korea for the mantle of Korean legitimacy, a "brother’s war," which continues to fuel tensions on the Korean peninsula and the region.Drawing from newly available diplomatic archives in China, South Korea, and the former Soviet Union, Jager analyzes top-level military strategy. She brings to life the bitter struggles of the postwar period and shows how the conflict between the two Koreas has continued to evolve to the present, with important and tragic consequences for the region and the world. Her portraits of the many fascinating characters that populate this history—Truman, MacArthur, Kim Il Sung, Mao, Stalin, and Park Chung Hee—reveal the complexities of the Korean War and the repercussions this conflict has had on lives of many individuals, statesmen, soldiers, and ordinary people, including the millions of hungry North Koreans for whom daily existence continues to be a nightmarish struggle.The most accessible, up-to date, and balanced account yet written, illustrated with dozens of astonishing photographs and maps, Brothers at War will become the definitive chronicle of the struggle’s origins and aftermath and its global impact for years to come.

    In this magisterial new work, Giovanni Arrighi shows how China’s extraordinary rise invites us to read The Wealth of Nations in a radically different way than is usually done. He examines how the recent US attempt to bring into existence the first truly global empire in world history was conceived in order to counter China’s spectacular economic success of the 1990s, and how the US’s disastrous failure in Iraq has made the People’s Republic of China the true winner of the US War on Terror. In the 21st century, China may well become again the kind of noncapitalist market economy that Smith described, under totally different domestic and world-historical conditions.

    In just three decades it evolved into the world's second-largest economy and is today guided by highly entrepreneurial bureaucrats. In How China Escaped the Poverty Trap, Yuen Yuen Ang explains this astonishing metamorphosis. Rather than insist that either strong institutions of good governance foster markets or that growth enables good governance, Ang lays out a new, dynamic framework for understanding development broadly. Successful development, she contends, is a coevolutionary process in which markets and governments mutually adapt.By mapping this coevolution, Ang reveals a startling conclusion: poor and weak countries can escape the poverty trap by first harnessing weak institutions—features that defy norms of good governance—to build markets. Further, she stresses that adaptive processes, though essential for development, do not automatically occur. Highlighting three universal roadblocks to adaptation, Ang identifies how Chinese reformers crafted enabling conditions for effective improvisation.How China Escaped the Poverty Trap offers the most complete synthesis to date of the numerous interacting forces that have shaped China’s dramatic makeover and the problems it faces today. Looking beyond China, Ang also traces the coevolutionary sequence of development in late medieval Europe, antebellum United States, and contemporary Nigeria, and finds surprising parallels among these otherwise disparate cases. Indispensable to all who care about development, this groundbreaking book challenges the convention of linear thinking and points to an alternative path out of poverty traps.

    Martin Luther King, Jr.-America's best-known champion of civil liberties-was a Baptist minister. Father Divine, a fiery preacher who established a largefollowing in the 1920s and 1930s, convinced his disciples that he could cure not only disease and infirmity, but also poverty and racism.An in-depth examination of African-American history and religion, this comprehensive and lively book provides panoramic coverage of the black religious and social experience in America. Renowned historian Albert J. Raboteau traces the subtle blending of African tribal customs with the powerfulChristian establishment, the migration to cities, the growth of Islam, and the 200-year fight for freedom and identity which was so often centered around African-American churches. From the African Methodist Episcopal Church to the Nation of Islam and from the first African slaves to LouisFarrakhan, this far-reaching book chronicles the evolution of an important and influential component of our religious and historical heritage. African American Religion combines meticulously researched historical facts with a fast-paced, engaging narrative that will appeal to readers of any age.

    Indeed, China has famously become the "workshop of the world." Yet, while China watchers have shed much light on the country's internal dynamics--China's politics, its vast social changes, and its economic development--few have focused on how this increasingly powerful nation has become more active and assertive throughout the world. In China Goes Global, eminent China scholar David Shambaugh delivers the book tmany have been waiting for--a sweeping account of China's growing prominence on the international stage. Thirty years ago, China's role in global affairs beyond its immediate East Asian periphery was decidedly minor and it had little geostrategic power. As Shambaugh charts, though, China's expanding economic power has allowed it to extend its reach virtually everywhere--from mineral mines in Africa, to currency markets in the West, to oilfields in the Middle East, to agribusiness in Latin America, to the factories of East Asia. Shambaugh offers an enlightening look into the manifestations of China's global presence: its extensive commercial footprint, its growing military power, its increasing cultural influence or "soft power," its diplomatic activity, and its new prominence in global governance institutions. But Shambaugh is no alarmist. In this balanced and well-researched volume, he argues that China's global presence is more broad than deep and that China still lacks the influence befitting a major world power--what he terms a "partial power." He draws on his decades of China-watching and his deep knowledge of the subject, and exploits a wide variety of previously untapped sources, to shed valuable light on China's current and future roles in world affairs. - Description from Amazon.com

    One-third of the world's Muslims now live as members of a minority. At the heart of this development is, on the one hand, the voluntary settlement of Muslims in Western societies and, on the other, the pervasiveness and influence of Western cultural models and social norms. The revival of Islam among Muslim populations in the last twenty years is often wrongly perceived as a backlash against westernization rather than as one of its consequences. Neofundamentalism has been gaining ground among a rootless Muslim youth--particularly among the second- and third-generation migrants in the West--and this phenomenon is feeding new forms of radicalism, ranging from support for Al Qaeda to the outright rejection of integration into Western society.In this brilliant exegesis of the movement of Islam beyond traditional borders and its unwitting westernization, Olivier Roy argues that Islamic revival, or "re-Islamization," results from the efforts of westernized Muslims to assert their identity in a non-Muslim context. A schism has emerged between mainstream Islamist movements in the Muslim world--including Hamas of Palestine and Hezbollah of Lebanon--and the uprooted militants who strive to establish an imaginary ummah, or Muslim community, not embedded in any particular society or territory. Roy provides a detailed comparison of these transnational movements, whether peaceful, like Tablighi Jama'at and the Islamic brotherhoods, or violent, like Al Qaeda. He shows how neofundamentalism acknowledges without nostalgia the loss of pristine cultures, constructing instead a universal religious identity that transcends the very notion of culture. Thus contemporary Islamic fundamentalism is not a single-note reaction against westernization but a product and an agent of the complex forces of globalization.