Books with category 🪙 Economics
Displaying 4 books

The Great Wave

An urgent examination of how disruptive politics, technology, and art are capsizing old assumptions in a great wave of change breaking over today’s world, creating both opportunity and peril—from the Pulitzer Prize–winning critic and author of the New York Times bestseller The Death of Truth.

The twenty-first century is experiencing a watershed moment defined by chaos and uncertainty, as one emergency cascades into another, underscoring the larger dynamics of change that are fueling instability across the world.

Since the global financial crisis of 2008, people have increasingly lost trust in institutions and elites, while seizing upon new digital tools to sidestep traditional gatekeepers. As a result, powerful new voices—once regarded as radical, unorthodox, or marginal—are disrupting the status quo in politics, business, and culture. Meanwhile, social and economic inequalities are stoking populist rage across the world, toxic partisanship is undermining democratic ideals, and the internet and AI have become high-speed vectors for the spread of misinformation.

Writing with a critic’s understanding of cultural trends and a journalist’s eye for historical detail, Michiko Kakutani looks at the consequences of these new asymmetries of power. She maps the migration of ideas from the margins to the mainstream and explores the growing influence of outsiders—those who have sown chaos and fear (like Donald Trump), and those who have provided inspirational leadership (like Ukraine’s president Volodymyr Zelensky).

Kakutani argues that today’s crises are not only signs of an interconnected globe’s profound vulnerabilities, but also stress tests pointing to the essential changes needed to survive this tumultuous era and build a more sustainable future.

Smoke And Ashes: A Writer's Journey Through Opium's Hidden Histories

2024

by Amitav Ghosh

Smoke And Ashes: A Writer's Journey Through Opium's Hidden Histories is a compelling blend of travelogue, memoir, and historical essay by renowned author Amitav Ghosh. In this captivating narrative, Ghosh unravels the complex web of the opium trade's impact on global history, including its entanglement with his own family's past.

Ghosh's journey begins with the startling realization during his research for the Ibis trilogy that the lives of nineteenth-century sailors and soldiers were profoundly influenced by the currents of the Indian Ocean and the lucrative cargo they bore: opium. This revelation leads him to explore the opium trade's transformative effect on Britain, India, and China, and the role it played in the financial survival of the British Empire.

The narrative delves into the origins of some of the world's largest corporations, the fortunes of America's elite families and prestigious academic institutions, and the foundations of contemporary globalism. Ghosh's exploration is rich with insights into horticultural histories, the mythologies of capitalism, and the social and cultural repercussions of colonialism.

Through Smoke And Ashes, Amitav Ghosh reveals the significant yet often overlooked role that the opium poppy has played in shaping our modern world—a world that now stands at the precipice of significant change.

The Hammer

2024

by Hamilton Nolan

A timely, in-depth, and vital exploration of the American labor movement and its critical place in our society and politics by acclaimed labor reporter Hamilton Nolan. Nolan is an expert who has covered labor and politics for more than a decade, and has helped to unionize his own industry.

The thesis is simple: Inequality is America's biggest problem. Unions are the single strongest tool that working people have to fix this problem. But the labor movement of today has failed to enable enough individuals to join unions. Thus, organized labor's powerful potential is being wielded incompetently. And what is happening inside of organized labor will—far more than most people realize—determine the economic and social course of American life for years to come.

In deeply reported chapters that span the country, Nolan shows readers how organized labor can and does wield power effectively—in spots—but also why it has long been unable to build itself into the powerful institution that the working class needs. These narratives both inspire by example and motivate by counter-example. Whether it's a union that has succeeded in a single city, and is trying to scale that effectiveness nationally, or the ins and outs of a historically large and transformative union campaign, or the human face of a strike, or a profile of the most anti-union state in America, Nolan highlights the actual mechanisms that connect labor to politics to real change. Throughout, Nolan follows Sara Nelson, the powerful and charismatic head of the flight attendants union, as she struggles with how (and whether) to assert herself as a national leader of the labor movement, to try to fix what is broken about it. The Hammer draws the line from forgotten workplaces to Washington's halls of power, and shows how labor can utterly transform American politics—if it can first transform itself.

Limitarianism: The Case Against Extreme Wealth

2024

by Ingrid Robeyns

Ingrid Robeyns, a world-leading philosopher and economist, presents a powerful case for limitarianism—the idea that there should be a maximum limit on individual wealth. In Limitarianism: The Case Against Extreme Wealth, she explores the ethical and democratic implications of wealth accumulation and its impact on society at large.

Robeyns provides a compelling argument for why extreme wealth is problematic, citing that it:

  • perpetuates poverty and inequality
  • is often linked to 'dirty money'
  • undermines democracy
  • contributes to climate change
  • exceeds what one can justifiably deserve

The book suggests that there are more constructive uses for excess money and that even the wealthy would benefit from a wealth cap. Through a radical reimagining of our economic systems, Robeyns ignites an urgent debate about wealth and challenges the foundations of capitalism and neoliberalism.

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