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Cleft Capitalism
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Download or read book Cleft Capitalism written by Amr Adly and published by Stanford University Press. This book was released on 2020-06-09 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: Egypt has undergone significant economic liberalization under the auspices of the International Monetary Fund, the World Bank, USAID, and the European Commission. Yet after more than four decades of economic reform, the Egyptian economy still fails to meet popular expectations for inclusive growth, better standards of living, and high-quality employment. While many analysts point to cronyism and corruption, Amr Adly finds the root causes of this stagnation in the underlying social and political conditions of economic development. Cleft Capitalism offers a new explanation for why market-based development can fail to meet expectations: small businesses in Egypt are not growing into medium and larger businesses. The practical outcome of this missing middle syndrome is the continuous erosion of the economic and social privileges once enjoyed by the middle classes and unionized labor, without creating enough winners from market making. This in turn set the stage for alienation, discontent, and, finally, revolt. With this book, Adly uncovers both an institutional explanation for Egypt's failed market making, and sheds light on the key factors of arrested economic development across the Global South.
Book Synopsis Lumbering State, Restless Society by : Nathan J. Brown
Download or read book Lumbering State, Restless Society written by Nathan J. Brown and published by Columbia University Press. This book was released on 2021-10-12 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lumbering State, Restless Society offers a comprehensive and compelling understanding of modern Egypt. Nathan J. Brown, Shimaa Hatab, and Amr Adly guide readers through crucial developments in Egyptian politics, society, and economics from the middle of the twentieth century through the present. Integrating diverse perspectives and areas of expertise, including the tools of comparative politics, the book provides an accessible and clear introduction to the Egypt of today alongside an innovative and rigorous analysis of the country’s history and governance. Brown, Hatab, and Adly highlight ways in which Egypt resembles other societies around the world, drawing from and contributing to broader debates in political science. They trace the emergence of a powerful and intrusive state alongside a society that is increasingly politicized, and they emphasize how the rulers and regimes who have built and steered the state apparatus have also had to retreat and recalibrate. The authors also examine why authoritarianism, corporatism, and socialism have decayed without resulting in a liberal democratic order, and they show why Egyptian politics should not be understood in terms of a single dominant force but rather an interplay among many actors. At once current, insightful, and engaging, Lumbering State, Restless Society delivers a powerful and distinctive account of modern Egypt in the modern world.
Book Synopsis 21st Century Capitalism by : Robert L. Heilbroner
Download or read book 21st Century Capitalism written by Robert L. Heilbroner and published by W. W. Norton & Company. This book was released on 1993 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reflecting on the end of communism, the author of the best-selling The Worldly Philosophers examines the many faces of capitalism, looking for the aspects of a market economy that will be most capable of succeeding against today's toughest dilemmas.
Download or read book Private Empire written by Steve Coll and published by Penguin. This book was released on 2012-05-01 with total page 654 pages. Available in PDF, EPUB and Kindle. Book excerpt: “ExxonMobil has met its match in Coll, an elegant writer and dogged reporter . . . extraordinary . . . monumental.” —The Washington Post “Fascinating . . . Private Empire is a book meticulously prepared as if for trial . . . a compelling and elucidatory work.” —Bloomberg From the Pulitzer Prize-winning and bestselling author of Ghost Wars and The Achilles Trap, an extraordinary exposé of Big Oil. Includes a profile of current Secretary of State and former chairman and chief executive of ExxonMobil, Rex Tillerson In this, the first hard-hitting examination of ExxonMobil—the largest and most powerful private corporation in the United States—Steve Coll reveals the true extent of its power. Private Empire pulls back the curtain, tracking the corporation’s recent history and its central role on the world stage, beginning with the Exxon Valdez accident in 1989 and leading to the Deepwater Horizon oil spill in the Gulf of Mexico in 2010. The action spans the globe—featuring kidnapping cases, civil wars, and high-stakes struggles at the Kremlin—and the narrative is driven by larger-than-life characters, including corporate legend Lee “Iron Ass” Raymond, ExxonMobil’s chief executive until 2005, and current chairman and chief executive Rex Tillerson, President-elect Donald Trump's nomination for Secretary of State. A penetrating, news-breaking study, Private Empire is a defining portrait of Big Oil in American politics and foreign policy.
Download or read book Jazz and Justice written by Gerald Horne and published by Monthly Review Press. This book was released on 2019-06-18 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: A galvanizing history of how jazz and jazz musicians flourished despite rampant cultural exploitation The music we call “jazz” arose in late nineteenth century North America—most likely in New Orleans—based on the musical traditions of Africans, newly freed from slavery. Grounded in the music known as the “blues,” which expressed the pain, sufferings, and hopes of Black folk then pulverized by Jim Crow, this new music entered the world via the instruments that had been abandoned by departing military bands after the Civil War. Jazz and Justice examines the economic, social, and political forces that shaped this music into a phenomenal US—and Black American—contribution to global arts and culture. Horne assembles a galvanic story depicting what may have been the era’s most virulent economic—and racist—exploitation, as jazz musicians battled organized crime, the Ku Klux Klan, and other variously malignant forces dominating the nightclub scene where jazz became known. Horne pays particular attention to women artists, such as pianist Mary Lou Williams and trombonist Melba Liston, and limns the contributions of musicians with Native American roots. This is the story of a beautiful lotus, growing from the filth of the crassest form of human immiseration.
Book Synopsis Markets of Dispossession by : Julia Elyachar
Download or read book Markets of Dispossession written by Julia Elyachar and published by Duke University Press. This book was released on 2005-10-26 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: What happens when the market tries to help the poor? In many parts of the world today, neoliberal development programs are offering ordinary people the tools of free enterprise as the means to well-being and empowerment. Schemes to transform the poor into small-scale entrepreneurs promise them the benefits of the market and access to the rewards of globalization. Markets of Dispossession is a theoretically sophisticated and sobering account of the consequences of these initiatives. Julia Elyachar studied the efforts of bankers, social scientists, ngo members, development workers, and state officials to turn the craftsmen and unemployed youth of Cairo into the vanguard of a new market society based on microenterprise. She considers these efforts in relation to the alternative notions of economic success held by craftsmen in Cairo, in which short-term financial profit is not always highly valued. Through her careful ethnography of workshop life, Elyachar explains how the traditional market practices of craftsmen are among the most vibrant modes of market life in Egypt. Long condemned as backward, these existing market practices have been seized on by social scientists and development institutions as the raw materials for experiments in “free market” expansion. Elyachar argues that the new economic value accorded to the cultural resources and social networks of the poor has fueled a broader process leading to their economic, social, and cultural dispossession.
Book Synopsis Compassionate Capitalism by : Marc Benioff
Download or read book Compassionate Capitalism written by Marc Benioff and published by ReadHowYouWant.com. This book was released on 2009-01-22 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: You'll learn from this compelling book, coauthored by Marc and veteran journalist Karen Southwick, how important philanthropy is and what kind of positive messages it sends to your employees and to outside stakeholders. You'll discover how some of the best practitioners of good community service - among them IBM, Timberland, Hewlett-Packard, Lens Crafters, Wells Fargo, and many others - have put their ideals into practice. The examples of salesforce.com and smaller companies included in the book will demonstrate that giving back is not a matter of size nor of longevity, but of early and sustained commitment. That commitment must come from the executives of the company, particularly the CEO, and extend down to the newest employee. It must be reinforced at company meetings and integrated within the corporation. I'll put it bluntly: We want to get companies that don't give to start giving. People can't take it with them. Salesforce.com is a wonderful model, because, starting at the top, Marc has the passion. If you have passion and let your people become involved, the sky's the limit on what the company can do.
Book Synopsis First and Last Things by : Richard Hoggart
Download or read book First and Last Things written by Richard Hoggart and published by Routledge. This book was released on 2018-01-18 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: Part meditation, part commonplace book, First and Last Things is an attempt by a writer of great distinction and strong convictions to take stock of his beliefs and values. Here, Richard Hoggart considers the big questions without shortchanging readers with easy answers. He examines problems (as he sees them) of faith; the mysterious origins of conscience; the importance of family and friends; the value of literature; the nature of memory; and the need, in old age, to find some value in existence. To these issues, and many others, the author brings a lifetime of rich experience and a mind well stocked with the best that has been written by those who have gone before. What emerges above all in this work is Richard Hoggart's love of, almost obsession with, quotations from great authors, especially, of course, Shakespeare. He muses on the business of capitalism and democracy, noting a reluctant conclusion that democracy is the least worst form of government, and that capitalism is its inevitable partner, but one which democratic societies should treat with "a very long spoon." He argues that market and consumer driven societies are inevitably led to relativism, head-counting, and populism. The result is a book that is introspective without being self-absorbed, that is thought-provoking but never preaching, that is, profound without being portentous. First and Last Things is a work that the young should read, if only to discover how much there is still to understand, and one that the old will treasure.
Book Synopsis Financial Derivatives and the Globalization of Risk by : Benjamin Lee
Download or read book Financial Derivatives and the Globalization of Risk written by Benjamin Lee and published by Duke University Press. This book was released on 2004-09-29 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: The market for financial derivatives is far and away the largest and most powerful market in the world, and it is growing exponentially. In 1970 the yearly valuation of financial derivatives was only a few million dollars. By 1980 the sum had swollen to nearly one hundred million dollars. By 1990 it had climbed to almost one hundred billion dollars, and in 2000 it approached one hundred trillion. Created and sustained by a small number of European and American banks, corporations, and hedge funds, the derivatives market has an enormous impact on the economies of nations—particularly poorer nations—because it controls the price of money. Derivatives bought and sold by means of computer keystrokes in London and New York affect the price of food, clothing, and housing in Johannesburg, Kuala Lumpur, and Buenos Aires. Arguing that social theorists concerned with globalization must familiarize themselves with the mechanisms of a world economy based on the rapid circulation of capital, Edward LiPuma and Benjamin Lee offer a concise introduction to financial derivatives. LiPuma and Lee explain how derivatives are essentially wagers—often on the fluctuations of national currencies—based on models that aggregate and price risk. They describe how these financial instruments are changing the face of capitalism, undermining the power of nations and perpetrating a new and less visible form of domination on postcolonial societies. As they ask: How does one know about, let alone demonstrate against, an unlisted, virtual, offshore corporation that operates in an unregulated electronic space using a secret proprietary trading strategy to buy and sell arcane financial instruments? LiPuma and Lee provide a necessary look at the obscure but consequential role of financial derivatives in the global economy.
Book Synopsis All that is Solid Melts Into Air by : Marshall Berman
Download or read book All that is Solid Melts Into Air written by Marshall Berman and published by Verso. This book was released on 1983 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: The experience of modernization -- the dizzying social changes that swept millions of people into the capitalist world -- and modernism in art, literature and architecture are brilliantly integrated in this account.
Book Synopsis The Clash of Civilizations and the Remaking of World Order by : Samuel P. Huntington
Download or read book The Clash of Civilizations and the Remaking of World Order written by Samuel P. Huntington and published by Simon and Schuster. This book was released on 2007-05-31 with total page 555 pages. Available in PDF, EPUB and Kindle. Book excerpt: The classic study of post-Cold War international relations, more relevant than ever in today’s geopolitical climate—with a foreword by Zbigniew Brzezinski. Since its initial publication in 1996, The Clash of Civilizations and the Remaking of World Order has become one of the most influential books ever written about foreign affairs. Samuel Huntington explains how clashes between civilizations pose the greatest threat to world peace, but also how an international order based on civilizations is the best safeguard against war. The Clash of Civilizations and the Remaking of World Order explains how the population explosion in Muslim countries and the economic rise of East Asia have changed global politics. These developments challenge Western dominance, promote opposition to supposedly “universal” Western ideals, and intensify inter-civilization conflict over such issues as nuclear proliferation, immigration, human rights, and democracy. In his incisive analysis, Huntington offers a strategy for the West to preserve its unique culture and emphasizes the need for people everywhere to learn to coexist in a complex, multipolar, multi-civilizational world.
Book Synopsis Libidinal Economy by : Jean-Francois Lyotard
Download or read book Libidinal Economy written by Jean-Francois Lyotard and published by A&C Black. This book was released on 2004-01-01 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is regarded as the most important response to the philosophies of desire, as expounded by thinkers such as de Sade, Nietzsche, Bataille, Foucault and Deleuze and Guattari. It is a major work not only of philosophy, but of sexual politics, semiotics and literary theory, that signals the passage to postmodern philosophy.
Book Synopsis The Power of Zero, Revised and Updated by : David McKnight
Download or read book The Power of Zero, Revised and Updated written by David McKnight and published by Crown Currency. This book was released on 2018-09-04 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: OVER 300,000 COPIES IN PRINT, WITH A NEW CHAPTER ON THE 2018 TAX CUTS. There's a massive freight train bearing down on the average American investor, and it's coming in the form of higher taxes. The United States Government has made trillions of dollars in unfunded promises for programs like Social Security and Medicare—and the only way to deliver on these promises is to raise taxes. Some experts have even suggested that tax rates will need to double, just to keep our country solvent. Unfortunately, if you're like most Americans, you've saved the majority of your retirement assets in tax-deferred vehicles like 401(k)s and IRAs. If tax rates go up, how much of your hard-earned money will you really get to keep? In The Power of Zero, McKnight provides a concise, step-by-step roadmap on how to get to the 0% tax bracket by the time you retire, effectively eliminating tax rate risk from your retirement picture. Now, in this expanded edition, McKnight has updated the book with a new chapter on the 2017 Tax Cuts and Jobs Act, showing readers how to navigate the new tax law, and how they can extend the life of their retirement savings by taking advantage of it now. The day of reckoning is fast approaching. Are you ready to do what it takes to experience the power of zero?
Book Synopsis State Reform and Development in the Middle East by : Amr Adly
Download or read book State Reform and Development in the Middle East written by Amr Adly and published by Routledge. This book was released on 2013 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economies of Turkey and Egypt, remarkably similar until the early 1980s, have since taken divergent paths. Turkey has successfully implemented a policy of export led industrialisation whilst Egypt’s manufacturing industry and exports have stagnated. In this book, Amr Adly uses extensive primary research to present detailed comparisons of Turkey’s and Egypt’s state administrative and private sector capacities and links between the two. The conclusion the author draws is that the external contexts for both were so alike that this cannot account for their diverging paths. Instead, the author suggests a counterintuitive yet compelling explanation; that a democratic polity is far more likely than an authoritarian one to engender a successful developmental state. Emerging in the wake of the January revolution in Egypt, when hopes for democratisation were raised, this book provides a fresh perspective on the topical subject of state reform and development in the Middle East and will be of interest to students and scholar alike.
Book Synopsis Independent People by : Halldor Laxness
Download or read book Independent People written by Halldor Laxness and published by Vintage. This book was released on 2009-02-19 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the Nobel Prize-winning Icelandic author: a magnificent novel that recalls Iceland's medieval epics and classics, set in the early twentieth century starring an ordinary sheep farmer and his heroic determination to achieve independence. • "A strange story, vibrant and alive…. There is a rare beauty in its telling." —Atlantic Monthly If Bjartur of Summerhouses, the book's protagonist, is an ordinary sheep farmer, his flinty determination to free himself is genuinely heroic and, at the same time, terrifying and bleakly comic. Having spent eighteen years in humiliating servitude, Bjartur wants nothing more than to raise his flocks unbeholden to any man. But Bjartur's spirited daughter wants to live unbeholden to him. What ensues is a battle of wills that is by turns harsh and touching, elemental in its emotional intensity and intimate in its homely detail. Vast in scope and deeply rewarding, Independent People is a masterpiece.
Download or read book Troublemakers written by Leslie Berlin and published by Simon and Schuster. This book was released on 2017-11-07 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt: Acclaimed historian Leslie Berlin’s “deeply researched and dramatic narrative of Silicon Valley’s early years…is a meticulously told…compelling history” (The New York Times) of the men and women who chased innovation, and ended up changing the world. Troublemakers is the gripping tale of seven exceptional men and women, pioneers of Silicon Valley in the 1970s and early 1980s. Together, they worked across generations, industries, and companies to bring technology from Pentagon offices and university laboratories to the rest of us. In doing so, they changed the world. “In this vigorous account…a sturdy, skillfully constructed work” (Kirkus Reviews), historian Leslie Berlin introduces the people and stories behind the birth of the Internet and the microprocessor, as well as Apple, Atari, Genentech, Xerox PARC, ROLM, ASK, and the iconic venture capital firms Sequoia Capital and Kleiner Perkins Caufield & Byers. In the space of only seven years, five major industries—personal computing, video games, biotechnology, modern venture capital, and advanced semiconductor logic—were born. “There is much to learn from Berlin’s account, particularly that Silicon Valley has long provided the backdrop where technology, elite education, institutional capital, and entrepreneurship collide with incredible force” (The Christian Science Monitor). Featured among well-known Silicon Valley innovators are Mike Markkula, the underappreciated chairman of Apple who owned one-third of the company; Bob Taylor, who masterminded the personal computer; software entrepreneur Sandra Kurtzig, the first woman to take a technology company public; Bob Swanson, the cofounder of Genentech; Al Alcorn, the Atari engineer behind the first successful video game; Fawn Alvarez, who rose from the factory line to the executive suite; and Niels Reimers, the Stanford administrator who changed how university innovations reach the public. Together, these troublemakers rewrote the rules and invented the future.
Download or read book Cornered written by Barry C. Lynn and published by Turner Publishing Company. This book was released on 2009-12-10 with total page 411 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A manifesto for our times." —Thomas Frank, Wall Street Journal Barry C. Lynn, one of the most original and surprising students of the American economy, paints a genuinely alarming picture: most of our public debates about globalization, competitiveness, creative destruction, and risky finance are nothing more than a cover for the widespread consolidation of power in nearly every imaginable sector of the American economy. Cornered strips the camouflage from the secret world of twenty-first-century monopolies-neofeudalist empires whose sheer size, vast resources, and immense political power enable the people who control to direct virtually every major industry in America in an increasingly authoritarian manner. Lynn reveals how these massive juggernauts, which would have been illegal just thirty years ago, came into being, how they have destroyed or devoured their competition, and how they collude with one another to maintain their power and create the illusion of open, competitive markets. A confluence of small government zealotry and misguided efficient market theories has lead to a complete dismantling of government oversight of industry. Has that brought us the promised economic utopia? Just the opposite. For decades, the dominant elite has used the federal government to all but encourage companies to buy one another up, outsource all their production, and make their profits by leveraging their complete power over the market itself. Lynn makes clear it will take more than a lawsuit or two to overthrow America's corporatist oligarchy and restore a model of capitalism that protects our rights as property holders and citizens, and the independence of our Republic. Details how regular citizens can join together to beat the great powers, and how to do so by relearning the real history and language of our democratic republic. Includes stories of real people and real industries that show how monopolies threaten independent businesses, squelch innovation, degrade the quality and safety of products, destabilize vital industrial and financial systems, and destroy the fabric of democracy Explores monopoly power across a wide array of industries, including appliances, auto parts, beer, eyeglasses, medical supplies, pet food, surfboards, vitamins, and more. Demonstrates how the drive for "always lower prices" makes your job disappear, puts your small business out of business, and turns dreams of entrepreneurial success into impossible fantasies Lynn is that rarest of creatures, a journalist whose theoretical writings are taken very seriously by the top policymakers and economic thinkers in Washington and around the world. His work has been compared already to John Kenneth Galbraith and Peter Drucker. The Washington Post called Lynn's last book-on globalization-"Tom Friedman for grownups." Cornered is essential reading for anyone who cares about America and its future.
