Adam Smith in Beijing: Lineages of the Twenty-First Century


Giovanni Arrighi - 2007
    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.

The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy


Stephanie Kelton - 2020
    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.

The Man Who Loved China: The Fantastic Story of the Eccentric Scientist Who Unlocked the Mysteries of the Middle Kingdom


Simon Winchester - 2008
    No cloistered don, this tall, married Englishman was a freethinking intellectual. A nudist, he was devoted to quirky folk dancing. In 1937, while working as a biochemist at Cambridge, he fell in love with a visiting Chinese student, with whom he began a lifelong affair. His mistress persuaded him to travel to her home country, where he embarked on a series of expeditions to the frontiers of the ancient empire. He searched for evidence to bolster a conviction that the Chinese were responsible for hundreds of humankind's most familiar innovations—including printing, the compass, explosives, suspension bridges, even toilet paper—often centuries before others. His journeys took him across war-torn China, consolidating his admiration for the Chinese. After the war, he determined to announce what he'd discovered & began writing Science & Civilization in China, describing the country's long history of invention & technology. By the time he died, he'd produced, almost single-handedly, 17 volumes, making him the greatest one-man encyclopedist ever. Epic & intimate, The Man Who Loved China tells the sweeping story of China thru Needham's life. Here's a tale of what makes men, nations & humankind great—related by one of the world's best storytellers.

Street of Eternal Happiness: Big City Dreams Along a Shanghai Road


Rob Schmitz - 2016
    Marketplace’s Rob Schmitz is one of them. He immerses himself in his neighborhood, forging deep relationships with ordinary people who see in the city’s sleek skyline a brighter future, and a chance to rewrite their destinies. There’s Zhao, whose path from factory floor to shopkeeper is sidetracked by her desperate measures to ensure a better future for her sons. Down the street lives Auntie Fu, a fervent capitalist forever trying to improve herself with religion and get-rich-quick schemes while keeping her skeptical husband at bay. Up a flight of stairs, musician and café owner CK sets up shop to attract young dreamers like himself, but learns he’s searching for something more. As Schmitz becomes more involved in their lives, he makes surprising discoveries which untangle the complexities of modern China: A mysterious box of letters that serve as a portal to a family’s – and country’s – dark past, and an abandoned neighborhood where fates have been violently altered by unchecked power and greed.  A tale of 21st century China, Street of Eternal Happiness profiles China’s distinct generations through multifaceted characters who illuminate an enlightening, humorous, and at times heartrending journey along the winding road to the Chinese Dream. Each story adds another layer of humanity and texture to modern China, a tapestry also woven with Schmitz’s insight as a foreign correspondent. The result is an intimate and surprising portrait that dispenses with the tired stereotypes of a country we think we know, immersing us instead in the vivid stories of the people who make up one of the world’s most captivating cities.

23 Things They Don't Tell You about Capitalism


Ha-Joon Chang - 2010
    Thing 4: The washing machine has changed the world more than the Internet. Thing 5: Assume the worst about people, and you get the worst. Thing 13: Making rich people richer doesn't make the rest of us richer.If you've wondered how we did not see the economic collapse coming, Ha-Joon Chang knows the answer: We didn't ask what they didn't tell us about capitalism. This is a lighthearted book with a serious purpose: to question the assumptions behind the dogma and sheer hype that the dominant school of neoliberal economists-the apostles of the freemarket-have spun since the Age of Reagan.Chang, the author of the international bestseller Bad Samaritans, is one of the world's most respected economists, a voice of sanity-and wit-in the tradition of John Kenneth Galbraith and Joseph Stiglitz. 23 Things They Don't Tell You About Capitalism equips readers with an understanding of how global capitalism works-and doesn't. In his final chapter, "How to Rebuild the World," Chang offers a vision of how we can shape capitalism to humane ends, instead of becoming slaves of the market.Ha-Joon Chang teaches in the Faculty of Economics at the University of Cambridge. His books include the bestselling Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism. His Kicking Away the Ladder received the 2003 Myrdal Prize, and, in 2005, Chang was awarded the Leontief Prize for Advancing the Frontiers of Economic Thought.

Prisoner of the State: The Secret Journal of Premier Zhao Ziyang


Zhao Ziyang - 2009
    It is the story of Premier Zhao Ziyang, the man who brought liberal change to that nation and who, at the height of the Tiananmen Square protests in 1989, tried to stop the massacre and was dethroned for his efforts.When China's army moved in, killing hundreds of students and other demonstrators, Zhao was placed under house arrest at his home on a quiet alley in Beijing. China's most promising change agent had been disgraced, along with the policies he stood for. The premier spent the last sixteen years of his life, up until his death in 2005, in seclusion. An occasional detail about his life would slip out: reports of a golf excursion, a photo of his aging visage, a leaked letter to China's leaders. But China scholars often lamented that Zhao never had his final say.As it turns out, Zhao did produce a memoir in complete secrecy. He methodically recorded his thoughts and recollections on what had happened behind the scenes during many of modern China's most critical moments. The tapes he produced were smuggled out of the country and form the basis for Prisoner of the State. In this audio journal, Zhao provides intimate details about the Tiananmen crackdown; he describes the ploys and double crosses China's top leaders use to gain advantage over one another; and he talks of the necessity for China to adopt democracy in order to achieve long-term stability.The China that Zhao portrays is not some long-lost dynasty. It is today's China, where the nation's leaders accept economic freedom but continue to resist political change.If Zhao had survived -- that is, if the hard-line hadn't prevailed during Tiananmen -- he might have been able to steer China's political system toward more openness and tolerance.Zhao's call to begin lifting the Party's control over China's life -- to let a little freedom into the public square -- is remarkable coming from a man who had once dominated that square. Although Zhao now speaks from the grave in this moving and riveting memoir, his voice has the moral power to make China sit up and listen.

Broke : The Plan to Restore our Trust, Truth and Treasure


Glenn Beck - 2010
    THE FUTURE. THE FIGHT TO FIX AMERICA—BEFORE IT'S TOO LATE.In the words of Harvard historian Niall Ferguson, the United States is “an empire on the edge of chaos.” Why? Glenn Beck thinks the answer is pretty simple: Because we've turned our backs on the Constitution.Yes, our country is financially broke, but that's just a side effect of our broken spirit, our broken faith in government, the broken promises by our leaders, and a broken political system that has centralized power at the expense of individual rights.There is a lot of work ahead, but we can't move forward until we first understand how we got here. Starting with the American Revolution, Glenn takes readers on an express train through 234 years of history, culminating with the Great Recession and the bipartisan recklessness of Presidents Bush and Obama. It's the history lesson we all wished we'd had in school. (Did you know, for example, that FDR once made a key New Deal policy decision based on his lucky number?)Along the way, you'll see how everything you thought you knew about the political parties is a lie, how Democrats and Republicans alike used to fight for minimum government and maximum freedom, and how both parties have been taken over by a cancer called “progressivism.” By the end, you'll understand why no president, no congress and no court can fix this problem alone. Looking toward them for answers is like looking toward the ocean for drinking water—it looks promising, but the end result is catastrophic.After revealing the trail of lies that brought us here, Broke exposes the truth about what we're really facing. Most people have seen pieces of the puzzle, but very few have ever seen the whole picture—and for very good reason: Our leaders have done everything in their power to hide it. If Americans understood how dire things really are, they would be demanding radical reform right now. Despite the rhetoric, that's not the kind of change our politicians really believe in.Finally, Broke provides the hope that comes with knowing the truth. Once you see what we're really up against, it's much easier to develop a realistic plan. To fix ourselves financially, Glenn argues, we have to fix ourselves first. That means some serious introspection and, ultimately, a series of actions that will unite all Americans around the concept of shared sacrifice. After all, this generation may not be asked to storm beaches, but we are being asked to do something just as critical to preserving freedom.Packed with great stories from history, chalkboard-style teachable moments, custom illustrations, and Glenn Beck's trademark combination of entertainment and enlightenment, Broke makes the case that when you're traveling in the wrong direction, slight course corrections won't cut it—you need to take drastic action. Through a return to individual rights, an uncompromising adherence to the Constitution, and a complete rethinking about the role of government in a free society, Glenn exposes the idea of “transformation” for the progressive smokescreen that it is, and instead builds a compelling case that restoration is the only way forward.

In FED We Trust: Ben Bernanke's War on the Great Panic


David Wessel - 2009
    Brilliant but temperamentally cautious, Bernanke researched and wrote about the causes of the Depression during his career as an academic. Then when thrust into a role as one of the most important people in the world, he was compelled to boldness by circumstances he never anticipated.The president of the United States can respond instantly to a missile attack with America’s military might, but he cannot respond to a financial crisis with real money unless Congress acts. The Fed chairman can. Bernanke did. Under his leadership the Fed spearheaded the biggest government intervention in more than half a century and effectively became the fourth branch of government, with no direct accountability to the nation’s voters.Believing that the economic catastrophe of the 1930s was largely the fault of a sluggish and wrongheaded Federal Reserve, Bernanke was determined not to repeat that epic mistake. In this penetrating look inside the most powerful economic institution in the world, David Wessel illuminates its opaque and undemocratic inner workings, while revealing how the Bernanke Fed led the desperate effort to prevent the world’s financial engine from grinding to a halt.In piecing together the fullest, most authoritative, and alarming picture yet of this decisive moment in our nation’s history, In Fed We Trust answers the most critical questions. Among them:• What did Bernanke and his team at the Fed know–and what took them by surprise? Which of their actions stretched–or even ripped through–the Fed’s legal authority? Which chilling numbers and indicators made them feel they had no choice?• What were they thinking at pivotal moments during the race to sell Bear Stearns, the unsuccessful quest to save Lehman Brothers, and the virtual nationalization of AIG, Fannie Mae, and Freddie Mac? What were they saying to one another when, as Bernanke put it to Wessel: “We came very close to Depression 2.0”?• How well did Bernanke, former treasury secretary Hank Paulson, and then New York Fed president Tim Geithner perform under intense pressure? • How did the crisis prompt a reappraisal of the once-impregnable reputation of Alan Greenspan? In Fed We Trust is a breathtaking and singularly perceptive look at a historic episode in American and global economic history.

It Takes a Family: Conservatism and the Common Good


Rick Santorum - 2005
    In It Takes a Family: Conservatism and the Common Good , Santorum articulates the humane vision that he believes must inform public policy if it is to be effective and just. An appreciation for the civic bonds that unite a community lies at the heart of genuine conservatism. Moreover, Santorum demonstrates how such an approach to political, social, and economic problems offers the most promise for those on the margin of life: the poor, the vulnerable, and minorities who have often been excluded from opportunity in America.Santorum argues that conservative statesmanship is animated by a sense of stewardship for an inheritance. But what do we inherit as Americans? And how can we be good stewards of that inheritance? Building on Robert Putnam’s discussion of “social capital,” the habits of association and trust that are the preconditions of any decent society, Santorum assesses how well, in the past generation, Americans have cared for the “fabric” of society. He explores in detail various dimensions of social and cultural connection that are the foundation of the common good. And he presents innovative policy proposals for the renewal of American society at all levels.Throughout his book, Santorum emphasizes the central role of the family—in contradistinction to the metaphorical “village” of the federal government, as promoted by Hillary Clinton—in achieving the common good. With a sustained argument touching on first principles throughout, this ambitious and original book is a major contribution to contemporary political debate. It Takes a Family further establishes Santorum as the leader of reform-minded civic conservatives in America.

The Real North Korea: Life and Politics in the Failed Stalinist Utopia


Andrei Lankov - 2013
    A native of the former Soviet Union, he lived as an exchange student in North Korea in the 1980s. He has studied it for his entire career, using his fluency in Korean and personal contacts to build a rich, nuanced understanding. In The Real North Korea, Lankov substitutes cold, clear analysis for the overheated rhetoric surrounding this opaque police state. After providing an accessible history of the nation, he turns his focus to what North Korea is, what its leadership thinks, and how its people cope with living in such an oppressive and poor place. He argues that North Korea is not irrational, and nothing shows this better than its continuing survival against all odds. A living political fossil, it clings to existence in the face of limited resources and a zombie economy, manipulating great powers despite its weakness. Its leaders are not ideological zealots or madmen, but perhaps the best practitioners of Machiavellian politics that can be found in the modern world. Even though they preside over a failed state, they have successfully used diplomacy-including nuclear threats-to extract support from other nations. But while the people in charge have been ruthless and successful in holding on to power, Lankov goes on to argue that this cannot continue forever, since the old system is slowly falling apart. In the long run, with or without reform, the regime is unsustainable. Lankov contends that reforms, if attempted, will trigger a dramatic implosion of the regime. They will not prolong its existence. Based on vast expertise, this book reveals how average North Koreans live, how their leaders rule, and how both survive.

The Man Who Stayed Behind


Sidney Rittenberg - 1993
    military in the 1940s. A student activist and labor organizer who was fluent in Chinese, Rittenberg became caught up in the turbulence that engulfed China and remained there until the late 1970s. Even with access to China’s highest leaders as an American communist, however, he was twice imprisoned for a total of sixteen years. Both a memoir and a documentary history of the Chinese revolution from 1949 through the Cultural Revolution, The Man Who Stayed Behind provides a human perspective on China’s efforts to build a new society. Critical of both his own mistakes and those of the Communist leadership, Rittenberg nevertheless gives an even-handed account of a country that is now free of internal war for the first time in a hundred years.

Genghis Khan and the Making of the Modern World


Jack Weatherford - 2004
    But the surprising truth is that Genghis Khan was a visionary leader whose conquests joined backward Europe with the flourishing cultures of Asia to trigger a global awakening, an unprecedented explosion of technologies, trade, and ideas. In Genghis Khan and the Making of the Modern World, Jack Weatherford, the only Western scholar ever to be allowed into the Mongols’ “Great Taboo”—Genghis Khan’s homeland and forbidden burial site—tracks the astonishing story of Genghis Khan and his descendants, and their conquest and transformation of the world. Fighting his way to power on the remote steppes of Mongolia, Genghis Khan developed revolutionary military strategies and weaponry that emphasized rapid attack and siege warfare, which he then brilliantly used to overwhelm opposing armies in Asia, break the back of the Islamic world, and render the armored knights of Europe obsolete. Under Genghis Khan, the Mongol army never numbered more than 100,000 warriors, yet it subjugated more lands and people in twenty-five years than the Romans conquered in four hundred. With an empire that stretched from Siberia to India, from Vietnam to Hungary, and from Korea to the Balkans, the Mongols dramatically redrew the map of the globe, connecting disparate kingdoms into a new world order. But contrary to popular wisdom, Weatherford reveals that the Mongols were not just masters of conquest, but possessed a genius for progressive and benevolent rule. On every level and from any perspective, the scale and scope of Genghis Khan’s accomplishments challenge the limits of imagination. Genghis Khan was an innovative leader, the first ruler in many conquered countries to put the power of law above his own power, encourage religious freedom, create public schools, grant diplomatic immunity, abolish torture, and institute free trade. The trade routes he created became lucrative pathways for commerce, but also for ideas, technologies, and expertise that transformed the way people lived. The Mongols introduced the first international paper currency and postal system and developed and spread revolutionary technologies like printing, the cannon, compass, and abacus. They took local foods and products like lemons, carrots, noodles, tea, rugs, playing cards, and pants and turned them into staples of life around the world. The Mongols were the architects of a new way of life at a pivotal time in history. In Genghis Khan and the Making of the Modern World, Jack Weatherford resurrects the true history of Genghis Khan, from the story of his relentless rise through Mongol tribal culture to the waging of his devastatingly successful wars and the explosion of civilization that the Mongol Empire unleashed. This dazzling work of revisionist history doesn’t just paint an unprecedented portrait of a great leader and his legacy, but challenges us to reconsider how the modern world was made.From the Hardcover edition.

Restless Valley: Revolution, Murder, and Intrigue in the Heart of Central Asia


Philip Shishkin - 2013
    . . or heroes . . . or possibly both. Yet this book is not a work of fiction. It is instead a gripping, firsthand account of Central Asia’s unfolding history from 2005 to the present.Philip Shishkin, a prize-winning journalist with extensive on-the-ground experience in the tumultuous region above Afghanistan’s northern border, focuses mainly on Kyrgyzstan and Uzbekistan. Both nations have struggled with the enormous challenges of post-Soviet independent statehood; both became entangled in America’s Afghan campaign when U.S. military bases were established within their borders. At the same time, the region was developing into a key smuggling hub for Afghanistan’s booming heroin trade. Through the eyes of local participants—the powerful and the powerless—Shishkin reconstructs how Kyrgyzstan and Uzbekistan have ricocheted between extreme repression and democratic strivings, how alliances with the United States and Russia have brought mixed blessings, and how Stalin’s legacy of ethnic gerrymandering incites conflict even now.

How Democracies Die: What History Reveals About Our Future


Steven Levitsky - 2018
    Democracy no longer ends with a bang--in a revolution or military coup--but with a whimper: the slow, steady weakening of critical institutions, such as the judiciary and the press, and the gradual erosion of long-standing political norms. The good news is that there are several exit ramps on the road to authoritarianism. The bad news is that, by electing Trump, we have already passed the first one.Drawing on decades of research and a wide range of historical and global examples, from 1930s Europe to contemporary Hungary, Turkey, and Venezuela, to the American South during Jim Crow, Levitsky and Ziblatt show how democracies die--and how ours can be saved.

The Stack: On Software and Sovereignty


Benjamin H. Bratton - 2015
    Together, how do these distort and deform modern political geographies and produce new territories in their own image?In The Stack, Benjamin Bratton proposes that these different genres of computation—smart grids, cloud platforms, mobile apps, smart cities, the Internet of Things, automation—can be seen not as so many species evolving on their own, but as forming a coherent whole: an accidental megastructure called The Stack that is both a computational apparatus and a new governing architecture. We are inside The Stack and it is inside of us. In an account that is both theoretical and technical, drawing on political philosophy, architectural theory, and software studies, Bratton explores six layers of The Stack: Earth, Cloud, City, Address, Interface, User. Each is mapped on its own terms and understood as a component within the larger whole built from hard and soft systems intermingling—not only computational forms but also social, human, and physical forces. This model, informed by the logic of the multilayered structure of protocol “stacks,” in which network technologies operate within a modular and vertical order, offers a comprehensive image of our emerging infrastructure and a platform for its ongoing reinvention. The Stack is an interdisciplinary design brief for a new geopolitics that works with and for planetary-scale computation. Interweaving the continental, urban, and perceptual scales, it shows how we can better build, dwell within, communicate with, and govern our worlds.