3 Books To Know Capitalism

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3 books to know Capitalism

Author : Adam Smith
Publisher : Tacet Books
ISBN 13 : 3967992780
Total Pages : 1769 pages
Book Rating : 4.9/5 (679 download)

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Book Synopsis 3 books to know Capitalism by : Adam Smith

Download or read book 3 books to know Capitalism written by Adam Smith and published by Tacet Books. This book was released on 2020-04-15 with total page 1769 pages. Available in PDF, EPUB and Kindle. Book excerpt: Welcome to the3 Books To Knowseries, our idea is to help readers learn about fascinating topics through three essential and relevant books. These carefully selected works can be fiction, non-fiction, historical documents or even biographies. We will always select for you three great works to instigate your mind, this time the topic is:Capitalism An Inquiry into the Nature and Causes of the Wealth of Nations is the magnum opus of the Scottish economist and moral philosopher Adam Smith. Published in 1776, the book offers one of the world's first collected descriptions of what builds nations' wealth, and is today a fundamental work in classical economics. By reflecting upon the economics at the beginning of the Industrial Revolution, the book touches upon such broad topics as the division of labour, productivity, and free markets. The Protestant Ethic and the Spirit of Capitalism, written by Max Weber, a German sociologist, economist, and politician. It is considered a founding text in economic sociology and sociology in general. Weber wrote that capitalism in Northern Europe evolved when the Protestant ethic influenced people to engage in the secular world, developing enterprises and engaging in trade and the accumulation of wealth. In other words, the Protestant work ethic was an important force behind the unplanned and uncoordinated emergence of modern capitalism. North and South is a social novel published in 1855 by English writer Elizabeth Gaskell. North and South uses a protagonist from southern England to present and comment on the perspectives of mill owners and workers in an industrialising city. The novel exposes the complexity of labor relations and their impact on mill owners and workers. This is one of many books in the series 3 Books To Know. If you liked this book, look for the other titles in the series, we are sure you will like some of the topics.

23 Things They Don't Tell You about Capitalism

Author : Ha-Joon Chang
Publisher : Bloomsbury Publishing USA
ISBN 13 : 1608193586
Total Pages : 305 pages
Book Rating : 4.6/5 (81 download)

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Book Synopsis 23 Things They Don't Tell You about Capitalism by : Ha-Joon Chang

Download or read book 23 Things They Don't Tell You about Capitalism written by Ha-Joon Chang and published by Bloomsbury Publishing USA. This book was released on 2011-01-02 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: INTERNATIONAL BESTSELLER "For anyone who wants to understand capitalism not as economists or politicians have pictured it but as it actually operates, this book will be invaluable."-Observer (UK) 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.

The Future of Capitalism

Author : Paul Collier
Publisher : HarperCollins
ISBN 13 : 0062748661
Total Pages : 369 pages
Book Rating : 4.0/5 (627 download)

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Book Synopsis The Future of Capitalism by : Paul Collier

Download or read book The Future of Capitalism written by Paul Collier and published by HarperCollins. This book was released on 2018-12-04 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bill Gates's Five Books for Summer Reading 2019 From world-renowned economist Paul Collier, a candid diagnosis of the failures of capitalism and a pragmatic and realistic vision for how we can repair it. Deep new rifts are tearing apart the fabric of the United States and other Western societies: thriving cities versus rural counties, the highly skilled elite versus the less educated, wealthy versus developing countries. As these divides deepen, we have lost the sense of ethical obligation to others that was crucial to the rise of post-war social democracy. So far these rifts have been answered only by the revivalist ideologies of populism and socialism, leading to the seismic upheavals of Trump, Brexit, and the return of the far-right in Germany. We have heard many critiques of capitalism but no one has laid out a realistic way to fix it, until now. In a passionate and polemical book, celebrated economist Paul Collier outlines brilliantly original and ethical ways of healing these rifts—economic, social and cultural—with the cool head of pragmatism, rather than the fervor of ideological revivalism. He reveals how he has personally lived across these three divides, moving from working-class Sheffield to hyper-competitive Oxford, and working between Britain and Africa, and acknowledges some of the failings of his profession. Drawing on his own solutions as well as ideas from some of the world’s most distinguished social scientists, he shows us how to save capitalism from itself—and free ourselves from the intellectual baggage of the twentieth century.

Understanding Capitalism

Author : Samuel Bowles
Publisher : Oxford University Press, USA
ISBN 13 :
Total Pages : 616 pages
Book Rating : 4.4/5 (91 download)

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Book Synopsis Understanding Capitalism by : Samuel Bowles

Download or read book Understanding Capitalism written by Samuel Bowles and published by Oxford University Press, USA. This book was released on 2005 with total page 616 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding Capitalism, Third Edition is an economics textbook offering an introduction to political economy, with extensive attention to the exercise of power in society and the historical evolution of economic institutions.

Why Capitalism?

Author : Allan H. Meltzer
Publisher : OUP USA
ISBN 13 : 0199859574
Total Pages : 167 pages
Book Rating : 4.1/5 (998 download)

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Book Synopsis Why Capitalism? by : Allan H. Meltzer

Download or read book Why Capitalism? written by Allan H. Meltzer and published by OUP USA. This book was released on 2012-02-20 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why Capitalism? addresses the current debate among politicians, scholars in the political sciences, and general readers on the benefits and the supposed shortcomings of capitalism.

Leave Me Alone and I'll Make You Rich

Author : Deirdre Nansen McCloskey
Publisher : University of Chicago Press
ISBN 13 : 022673983X
Total Pages : 246 pages
Book Rating : 4.2/5 (267 download)

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Book Synopsis Leave Me Alone and I'll Make You Rich by : Deirdre Nansen McCloskey

Download or read book Leave Me Alone and I'll Make You Rich written by Deirdre Nansen McCloskey and published by University of Chicago Press. This book was released on 2020-10-30 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: A “thought-provoking” one-volume distillation of the author’s powerful trilogy in praise of the middle class’s role in creating a better, and richer, world (Library Journal). The economist and historian Deirdre Nansen McCloskey has been best known recently for her Bourgeois Era trilogy, a vigorous defense, unrivaled in scope, of commercially tested betterment. Its massive volumes, The Bourgeois Virtues, Bourgeois Dignity, and Bourgeois Equality, solve Adam Smith’s puzzle of the nature and causes of the wealth of nations, and of the moral sentiments of modernity. The world got rich, she argues, not chiefly by material causes but by an idea and a sentiment, a new admiration for the middle class and its egalitarian liberalism. For readers looking for a distillation of McCloskey’s magisterial work, Leave Me Alone and I’ll Make You Rich is what you’ve been waiting for. In this lively volume, McCloskey and the economist and journalist Art Carden bring together the trilogy’s key ideas and its most provocative arguments. The rise of the west, and now the rest, is the story of the rise of ordinary people to a dignity and liberty inspiring them to have a go. The outcome was an explosion of innovation after 1800, and a rise of real income by an astounding 3,000 percent. The Great Enrichment, well beyond the conventional Industrial Revolution, did not, McCloskey and Carden show, come from the usual suspects, capital accumulation or class struggle. It came from the idea of economic liberty in Holland and the Anglosphere, then Sweden and Japan, then Italy and Israel and China and India, an idea that bids fair in the next few generations to raise up the wretched of the earth. The original shift to liberalism arose from 1517 to 1789 from theological and political revolutions in northwest Europe, upending ancient hierarchies. McCloskey and Carden contend further that liberalism and “innovism” made us better humans as well as richer ones. Not matter but ideas. Not corruption but improvement. Leave Me Alone and I’ll Make You Rich draws in entertaining fashion on history, economics, literature, philosophy, and popular culture, from growth theory to the Simpsons. It is the perfect introduction for a broad audience to McCloskey’s influential explanation of how we got rich. At a time when confidence in the economic system is under challenge, this book mounts an optimistic and persuasive defense of liberal innovism, and of the modern world it has wrought. Praise for the Bourgeois Era Trilogy “A contender for the great book of our age.” —The Times, Book of the Week “Persuasive . . . richly detailed and erudite.” —Financial Times

What Every Environmentalist Needs to Know about Capitalism

Author : Fred Magdoff
Publisher : NYU Press
ISBN 13 : 1583672729
Total Pages : 188 pages
Book Rating : 4.5/5 (836 download)

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Book Synopsis What Every Environmentalist Needs to Know about Capitalism by : Fred Magdoff

Download or read book What Every Environmentalist Needs to Know about Capitalism written by Fred Magdoff and published by NYU Press. This book was released on 2011 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for Foster and Magdoff's The Great Financial Crisis In this timely and thorough analysis of the current financial crisis, Foster and Magdoff explore its roots and the radical changes that might be undertaken in response. . . . This book makes a valuable contribution to the ongoing examination of our current debt crisis, one that deserves our full attention.--Publishers Weekly There is a growing consensus that the planet is heading toward environmental catastrophe: climate change, ocean acidification, ozone depletion, global freshwater use, loss of biodiversity, and chemical pollution all threaten our future unless we act. What is less clear is how humanity should respond. The contemporary environmental movement is the site of many competing plans and prescriptions, and composed of a diverse set of actors, from militant activists to corporate chief executives. This short, readable book is a sharply argued manifesto for those environmentalists who reject schemes of "green capitalism" or piecemeal reform. Environmental and economic scholars Magdoff and Foster contend that the struggle to reverse ecological degradation requires a firm grasp of economic reality. Going further, they argue that efforts to reform capitalism along environmental lines or rely solely on new technology to avert catastrophe misses the point. The main cause of the looming environmental disaster is the driving logic of the system itself, and those in power--no matter how "green"--are incapable of making the changes that are necessary. What Every Environmentalist Needs To Know about Capitalism tackles the two largest issues of our time, the ecological crisis and the faltering capitalist economy, in a way that is thorough, accessible, and sure to provoke debate in the environmental movement.

Knowledge and Power

Author : George Gilder
Publisher : Regnery Publishing
ISBN 13 : 1621570274
Total Pages : 370 pages
Book Rating : 4.6/5 (215 download)

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Book Synopsis Knowledge and Power by : George Gilder

Download or read book Knowledge and Power written by George Gilder and published by Regnery Publishing. This book was released on 2013-06-10 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ronald Reagan’s most-quoted living author—George Gilder—is back with an all-new paradigm-shifting theory of capitalism that will upturn conventional wisdom, just when our economy desperately needs a new direction. America’s struggling economy needs a better philosophy than the college student's lament: "I can't be out of money, I still have checks in my checkbook!" We’ve tried a government spending spree, and we’ve learned it doesn’t work. Now is the time to rededicate our country to the pursuit of free market capitalism, before we’re buried under a mound of debt and unfunded entitlements. But how do we navigate between government spending that's too big to sustain and financial institutions that are "too big to fail?" In Knowledge and Power, George Gilder proposes a bold new theory on how capitalism produces wealth and how our economy can regain its vitality and its growth. Gilder breaks away from the supply-side model of economics to present a new economic paradigm: the epic conflict between the knowledge of entrepreneurs on one side, and the blunt power of government on the other. The knowledge of entrepreneurs, and their freedom to share and use that knowledge, are the sparks that light up the economy and set its gears in motion. The power of government to regulate, stifle, manipulate, subsidize or suppress knowledge and ideas is the inertia that slows those gears down, or keeps them from turning at all. One of the twentieth century’s defining economic minds has returned with a new philosophy to carry us into the twenty-first. Knowledge and Power is a must-read for fiscal conservatives, business owners, CEOs, investors, and anyone interested in propelling America’s economy to future success.

3 books to know Communism

Author : Friedrich Engels
Publisher : Tacet Books
ISBN 13 : 3966617153
Total Pages : 218 pages
Book Rating : 4.9/5 (666 download)

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Book Synopsis 3 books to know Communism by : Friedrich Engels

Download or read book 3 books to know Communism written by Friedrich Engels and published by Tacet Books. This book was released on 2020-04-15 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Welcome to the3 Books To Knowseries, our idea is to help readers learn about fascinating topics through three essential and relevant books. These carefully selected works can be fiction, non-fiction, historical documents or even biographies. We will always select for you three great works to instigate your mind, this time the topic is:Communism Communism is a political and socio-economic ideology that seeks the establishment of an egalitarian society. Its purpose is a society without social classes and stateless, through the common ownership of the means of production. Few political and economic theories were so influential in world history. The Manifest of the Communist Party was written by Karl Marx during the great process of urban struggles of the Revolutions of 1848. It criticizes the capitalist mode of production and the type of society generated by it. Is a basic work for understanding the purpose and principles of scientific socialism. A century earlier, the philosopher Jean Jacques Rousseau was interested in the origins of human inequality. In Discourse on the origin and basis of inequality among men, Rousseau argues that man has deviated from his natural state of freedom to please individualistic desires. In Socialism: utopian and scientific, Friedrich Engels explains the differences between utopian socialism and scientific socialism. Through a materialist perspective of history he understands communism as a natural substitute for capitalism. This is one of many books in the series 3 Books To Know. If you liked this book, look for the other titles in the series, we are sure you will like some of the topics.

3 Books to Know: King Arthur

Author : Mark Twain
Publisher : Tacet Books
ISBN 13 : 857777225X
Total Pages : 798 pages
Book Rating : 4.5/5 (777 download)

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Book Synopsis 3 Books to Know: King Arthur by : Mark Twain

Download or read book 3 Books to Know: King Arthur written by Mark Twain and published by Tacet Books. This book was released on 2019-05-28 with total page 798 pages. Available in PDF, EPUB and Kindle. Book excerpt: Welcome to the 3 Books To Know series, our idea is to help readers learn about fascinating topics through three essential and relevant books. These carefully selected works can be fiction, non-fiction, historical documents or even biographies. We will always select for you three great works to instigate your mind, this time the topic is: King Arthur. - Le Morte D'Arthur By Thomas Malory - Idylls of the King by Lord Tennyson - A Connecticut Yakee In King Arthur's Court by Mark TwainLe Morte d'Arthur (The Death of Arthur) is a reworking by Sir Thomas Malory of existing tales about the legendary King Arthur, Guinevere, Lancelot, Merlin, and the Knights of the Round Table. Malory interpreted existing French and English stories about these figures and added original material. Le Morte d'Arthur was first published in 1485 by William Caxton and is today one of the best-known works of Arthurian literature in English. Idylls of the King, published between 1859 and 1885, is a cycle of twelve narrative poems by the English poet Alfred, Lord Tennyson (1809–1892; Poet Laureate from 1850) which retells the legend of King Arthur, his knights, his love for Guinevere and her tragic betrayal of him, and the rise and fall of Arthur's kingdom. The whole work recounts Arthur's attempt and failure to lift up mankind and create a perfect kingdom, from his coming to power to his death at the hands of the traitor Mordred. A Connecticut Yankee in King Arthur's Court is an 1889 novel by American humorist and writer Mark Twain. The book was originally titled A Yankee in King Arthur's Court. Some early editions are titled A Yankee at the Court of King Arthur. In the book, a Yankee engineer from Connecticut named Hank Morgan receives a severe blow to the head and is somehow transported in time and space to England during the reign of King Arthur. This is one of many books in the series 3 Books To Know. If you liked this book, look for the other titles in the series, we are sure you will like some of the topics

The Concept of Capitalism

Author : Bruce R. Scott
Publisher : Springer Science & Business Media
ISBN 13 : 3642031102
Total Pages : 79 pages
Book Rating : 4.6/5 (42 download)

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Book Synopsis The Concept of Capitalism by : Bruce R. Scott

Download or read book The Concept of Capitalism written by Bruce R. Scott and published by Springer Science & Business Media. This book was released on 2009-08-12 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: his monograph on the concept of capitalism is the intellectual core of a larger work, entitled Capitalism, Its Origins and Evolution as Ta System of Governance, due for publication November 2009. The purpose of this monograph is to put forth an original concept of ca- talism as a system of governance, including a theory of how it functions at any point in time and how it evolves through time. In the larger book, I present a theory of its origins and evolution and support this theory with a set of country case studies that span both time and geography. It was, in fact, my experience in studying these case studies that led me to the c- cept presented here as well as to the theory of capitalism’s origins and e- lution. In the larger book, I build on the present work, identifying and expla- ing capitalism as a system of governance for political entities such as - tion states. I then supplement these ideas with a description and expla- tion of three generic economic strategies. Taken together, my studies of economic strategies and specific capitalist systems of governance are - tended to enhance and enrich existing literature on “varieties of capit- ism”.

The Mystery of Capital

Author : Hernando De Soto
Publisher :
ISBN 13 : 9780465016150
Total Pages : 292 pages
Book Rating : 4.0/5 (161 download)

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Book Synopsis The Mystery of Capital by : Hernando De Soto

Download or read book The Mystery of Capital written by Hernando De Soto and published by . This book was released on 2000 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the West we've forgotten that creating this system is also what allowed people everywhere to leverage property into wealth.

America by Design

Author : David F. Noble
Publisher : Oxford University Press, USA
ISBN 13 : 0195026187
Total Pages : 414 pages
Book Rating : 4.1/5 (95 download)

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Book Synopsis America by Design by : David F. Noble

Download or read book America by Design written by David F. Noble and published by Oxford University Press, USA. This book was released on 1979 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: Oxford University Press paperback. Includes bibliographical references and index. pt. 1: Technology as social production. The wedding of science to the useful arts--1: The rise of science-based industry. The wedding of science to the useful arts--2: The development of technical education. The wedding of science to the useful arts--3: The emergence of the professional engineer. Preservation through change: Corporate engineers and social reform -- pt. 2: Corporate reform as conscious social production. Laying the foundation: Scientific and industrial standardization. The corporation as inventor: Patent-law reform and patent monoply. Science for industry: The organization of industrial and university research. Technology as people: The industrial process of higher education --1. Technology as people: The industrial process of higher education--2. A technology of social production: Modern management and the expansion of engineering. * dss 20081210.

Capitalism

Author : Jonathan Portes
Publisher :
ISBN 13 : 9781784296094
Total Pages : 208 pages
Book Rating : 4.2/5 (96 download)

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Book Synopsis Capitalism by : Jonathan Portes

Download or read book Capitalism written by Jonathan Portes and published by . This book was released on 2016 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Capitalism is the economic system that shapes our society and our lives, the set of principles that underlie our politics and our futures: but what does it really mean? What is money? What drives growth and what happens when it stops? What role can - or should - regulation play? Why did capitalism overcome rival systems in the past, why is it in crisis today - and what is its future? In this engaging set of 50 essays based around central concepts of economics, Jonathan Portes lays out the fundamental tenets of capitalism, the key moments of its history, the ideologies that have opposed it, and the possibilities contained within its future: a future that will impact us all"--Library of Congress.

The Third Pillar

Author : Raghuram Rajan
Publisher : Penguin
ISBN 13 : 0525558322
Total Pages : 464 pages
Book Rating : 4.5/5 (255 download)

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Book Synopsis The Third Pillar by : Raghuram Rajan

Download or read book The Third Pillar written by Raghuram Rajan and published by Penguin. This book was released on 2019-02-26 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shortlisted for the Financial Times/McKinsey Business Book of the Year Award From one of the most important economic thinkers of our time, a brilliant and far-seeing analysis of the current populist backlash against globalization. Raghuram Rajan, distinguished University of Chicago professor, former IMF chief economist, head of India's central bank, and author of the 2010 FT-Goldman-Sachs Book of the Year Fault Lines, has an unparalleled vantage point onto the social and economic consequences of globalization and their ultimate effect on our politics. In The Third Pillar he offers up a magnificent big-picture framework for understanding how these three forces--the state, markets, and our communities--interact, why things begin to break down, and how we can find our way back to a more secure and stable plane. The "third pillar" of the title is the community we live in. Economists all too often understand their field as the relationship between markets and the state, and they leave squishy social issues for other people. That's not just myopic, Rajan argues; it's dangerous. All economics is actually socioeconomics - all markets are embedded in a web of human relations, values and norms. As he shows, throughout history, technological phase shifts have ripped the market out of those old webs and led to violent backlashes, and to what we now call populism. Eventually, a new equilibrium is reached, but it can be ugly and messy, especially if done wrong. Right now, we're doing it wrong. As markets scale up, the state scales up with it, concentrating economic and political power in flourishing central hubs and leaving the periphery to decompose, figuratively and even literally. Instead, Rajan offers a way to rethink the relationship between the market and civil society and argues for a return to strengthening and empowering local communities as an antidote to growing despair and unrest. Rajan is not a doctrinaire conservative, so his ultimate argument that decision-making has to be devolved to the grass roots or our democracy will continue to wither, is sure to be provocative. But even setting aside its solutions, The Third Pillar is a masterpiece of explication, a book that will be a classic of its kind for its offering of a wise, authoritative and humane explanation of the forces that have wrought such a sea change in our lives.

Third Wave Capitalism

Author : John Ehrenreich
Publisher : Cornell University Press
ISBN 13 : 1501703595
Total Pages : 257 pages
Book Rating : 4.5/5 (17 download)

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Book Synopsis Third Wave Capitalism by : John Ehrenreich

Download or read book Third Wave Capitalism written by John Ehrenreich and published by Cornell University Press. This book was released on 2016-04-05 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Third Wave Capitalism, John Ehrenreich documents the emergence of a new stage in the history of American capitalism. Just as the industrial capitalism of the nineteenth century gave way to corporate capitalism in the twentieth, recent decades have witnessed corporate capitalism evolving into a new phase, which Ehrenreich calls "Third Wave Capitalism." Third Wave Capitalism is marked by apparent contradictions: Rapid growth in productivity and lagging wages; fabulous wealth for the 1 percent and the persistence of high levels of poverty; increases in the standard of living and increases in mental illness, personal misery, and political rage; the apotheosis of the individual and the deterioration of democracy; increases in life expectancy and out-of-control medical costs; an African American president and the incarceration of a large percentage of the black population. Ehrenreich asserts that these phenomena are evidence that a virulent, individualist, winner-take-all ideology and a virtual fusion of government and business have subverted the American dream. Greed and economic inequality reinforce the sense that each of us is "on our own." The result is widespread lack of faith in collective responses to our common problems. The collapse of any organized opposition to business demands makes political solutions ever more difficult to imagine. Ehrenreich traces the impact of these changes on American health care, school reform, income distribution, racial inequities, and personal emotional distress. Not simply a lament, Ehrenreich’s book seeks clues for breaking out of our current stalemate and proposes a strategy to create a new narrative in which change becomes possible.

The Wealth of Nations

Author : Adam Smith
Publisher : Penguin
ISBN 13 : 9780140432084
Total Pages : 582 pages
Book Rating : 4.4/5 (32 download)

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Book Synopsis The Wealth of Nations by : Adam Smith

Download or read book The Wealth of Nations written by Adam Smith and published by Penguin. This book was released on 1982-03-25 with total page 582 pages. Available in PDF, EPUB and Kindle. Book excerpt: The classic economic treatise that insipired Thomas Piketty's Capital in the Twenty-First Century The publication of The Wealth of Nations in 1776 coincided with America's Declaration of Independence, and with this landmark treatise on political economy, Adam Smith paved the way for modern capitalism, arguing that a truly free market - fired by competition yet guided as if by an 'invisible hand' to ensure justice and equality - was the engine of a fair and productive society. Books I - III of The Wealth of Nations examine the 'division of labour' as the key to economic growth, by ensuring the interdependence of individuals within society. They also cover the origins of money and the importance of wages, profit, rent and stocks, but the real sophistication of his analysis derives from the fact that it encompasses a combination of ethics, philosophy and history to create a vast panorama of society. This edition contains an analytical introduction offering an in-depth discussion of Smith as an economist and social scientist, as well as a preface, further reading and explanatory notes by Andrew Skinner. For more than seventy years, Penguin has been the leading publisher of classic literature in the English-speaking world. With more than 1,700 titles, Penguin Classics represents a global bookshelf of the best works throughout history and across genres and disciplines. Readers trust the series to provide authoritative texts and notes by distinguished scholars and contemporary authors, as well as up-to-date translations by award-winning translators.