Economic systems and structures Books

Book SynopsisFrom twice-Pulitzer-Prize-winning author Steve Coll comes Private Empire, winner of the FT/GOLDMAN SACHS BUSINESS BOOK OF THE YEAR AWARD 2012The oil giant ExxonMobil makes more money annually than the GDP of most countries; has greater sway than US embassies abroad; and spends more on lobbying than any other corporation. Yet to outsiders it is a mystery. In Private Empire, award-winning reporter Steve Coll tells the truth about the world''s most powerful and shadowy company.From the Exxon Valdez accident in 1989 to the Deepwater Horizon oil spill, via Moscow, the swamps of the Niger Delta and the halls of Congress, he reveals a story of dictators, oligarchs, civil war, blackmail, secrecy and ruthlessness. Drawing on hundreds of interviews and newly declassified documents, this is a chilling portrait of unchecked power.Reviews:''Magisterial ... a revealing history of our time'' New York Review of Books''Meticulous, multi-angled and valuable ... Coll''s prose sweeps the earth like an Imax camera'' Dwight Garner, The New York Times ''Jaw-dropping reading'' Kirkus Reviews''The definitive work on its subject ... at every stop there are vivid anecdotes, sharp insights and telling details'' Ed Crooks, Financial TimesAbout the author:Steve Coll is the author of the New York Times bestseller The Bin Ladens. He is president of the New America Foundation, a nonpartisan public policy institute headquartered in Washington, D.C., and a staff writer for The New Yorker. He won a Pulitzer prize for explanatory journalism while working at the Washingon Post. He is the author of six other books, including the bestseller Ghost Wars, which won him a second Pulitzer prize. He lives in Washington and New York.Trade ReviewMagisterial ... a revealing history of our time -- Bill McKibben * New York Review of Books *Meticulously researched and elegantly written, it is likely to be the definitive work on its subject for many years to come. Steve Coll ... is honest about Exxon's strengths as well as its flaws, and presents both sides of the arguments with scrupulous even-handedness ... At every stop there are vivid anecdotes, sharp insights and telling details -- Ed Crooks * Financial Times *Masterful ... Coll's in-depth reporting, buttressed by his anecdotal prose, make Private Empire a must-read ... [His] portrait of ExxonMobil is both riveting and appalling... Yet Private Empire is not so much an indictment as a fascinating look into American business and politics * San Francisco Chronicle *Meticulous, multi-angled and valuable ... Coll's prose sweeps the earth like an Imax camera -- Dwight Garner * New York Times *A thorough, sobering study of the pernicious consolidation of Big Oil ... jaw-dropping reading * Kirkus Reviews *

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Book SynopsisThe companion to the bestselling book on leading change, Still Moving Still Moving Field Guide is a companion to the bestselling Still Moving: How to Lead Mindful Change. Designed as a practical resource, the Field Guide takes the reader on a journey to hone their leadership skills in order to lead change with confidence. Step by step, readers will progress through the Still Moving concepts. New to the guide is the innovative Change Vitality model (an energizing holistic way of leading change) that puts all the Still Moving concepts into one effective picture. The author breaks down each element of the Change Vitality model and explores what the element is, how to recognize it, and why it helps leaders lead change well. The model also shows how to rate your own leadership in a particular skill, and includes tales from the field on putting the skill into action. The guide also contains further reading and resources to help cultivate the skills presented. This important book: Offers a practical guide for developing the change leadership skills outlined in Still MovingContains application stories with real life leaders in changePresents the Change Vitality model - a new, holistic and research-based framework for how to lead change with greater easeProvides an interactive immersion journey into the Still Moving contentIncludes spaces for journaling and self-reflection Written for all curious change leaders, change coaches, change consultants, and HR professionals, the Still Moving Field Guide is filled with practical ideas on how to use the Still Moving concepts with yourself, your team, and the wider systems you are seeking to transform.Table of ContentsForeword vii Acknowledgments xi A Few Words About the Front Cover xiii About the Companion Website xv Introduction 1 Part 1 Understanding Change Vitality 3 What Is Change Vitality? 3 What Makes Up Change Vitality? 4 What Change Vitality Comprises—in More Detail 6 Why Does Change Vitality Matter? 6 Part 2 Field Guide—The Inner Capacities 9 Introduction 9 Staying Present 10 Curious and Intentional Responding 14 Tuning Into the System 18 Acknowledging the Whole 23 A Word About Non-Mindful Practice 28 Part 3 Field Guide—The External Practices 29 Introduction 29 Attractor 30 Edge and Tension 34 Container 40 Transforming Space 45 External Practices Self-Audit 51 Part 4 Field Guide—The Change Approaches 55 Introduction 55 Masterful 56 Emergent 62 Directive and Self-Assembly Change 68 Assessing Your Approach to Change 71 Part 5 Field Guide—The Ordering Forces 77 Leading Change—Ordering Forces Insight 77 Time 77 Belonging 81 Belonging— How Well Do You Attend to This? 81 Tale From the Field: Time and Belonging—Mergers and Acquisitions 82 Exchange 86 Place 90 A Word About Limiting Forces: What Happens When the Ordering Forces Are Neglected? 94 Still Moving—Epilogue 95 Index 97

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Book SynopsisThe current model of economic expansion driven by fossil fuels is unsustainable, leading many to toy with the idea of ditching growth to save the planet. But, as Alessio Terzi argues, a post-growth world would be prone to catastrophes no less serious than climate change itself. Luckily, with the right policies, growth can be made earth-friendly.Trade ReviewCalls for an energy transition that doesn’t reject growth but does involve more government support, international coordination and social cohesion to ensure nobody gets left behind. -- Lionel Laurent * Bloomberg *[This book] shows what is at stake in the debate surrounding the relationship between the economic system and the environment. Policymakers and those working in environmental sociology and economics will find this book particularly fruitful. -- Yusuf Murteza * LSE Review of Books *Terzi persuasively demonstrates an idealistic argument that the capitalist growth imperative, or market expansion, can be harnessed for good, with the support of governments, international coordination and social cohesion…A welcome addition to the debate on the future of capitalism. -- Kate O'Reilly * International Affairs *This is an essential book for the students, professionals, and people engaged in the debate around green growth in the context of rising climate-led extreme events…Path-breaking. -- Anjal Prakash * Economic & Political Weekly *Growth for Good is a thought-provoking state-of-the-art depiction of the cleavages between our economic model, society and the fight against climate change. With his clear and concise analysis, Terzi makes a refreshingly holistic but pragmatic contribution to a debate that is riddled with normative and idealistic theories. Even more importantly, the book provides a tangible agenda for how governments, businesses and citizens can work together to transform capitalism into a force for good. -- Lucas Resenda Carvalho * Progressive Post *Are capitalism and economic growth the source of humanity’s most pressing problems—climate change in particular—or the solution? Whichever way you come out on this question, this book will be a revelation. Terzi’s optimistic and compelling message is that a green and more equitable future is possible, but only if we remake capitalism as we know it. -- Dani Rodrik, author of The Globalization ParadoxThis important book takes the reader on a journey through economic history to conclude that people, planet, and prosperity are not only compatible—they are inseparable. A must-read for policymakers, and anyone interested in fighting climate change. -- Paolo Gentiloni, European Commissioner for Economy and former Prime Minister of ItalyThis book is an extremely readable guide as to both why we need to treat climate change so much more seriously as well as why such a path might deliver better sustainable and fairer economic growth. -- Jim O’Neill, Member of the House of Lords of the United KingdomA spirited defense (against degrowthers) of the need for growth…Growth for Good does an excellent job of pointing out the silences and the inconsistencies in degrowth arguments. -- Diane Coyle * Enlightened Economist *Terzi thoughtfully engages with the ‘degrowth movement’…Although he acknowledges the urgent need to attend to climate change and income inequality, he makes the case that only the resources made available by an expanding market economy will suffice to address these problems. -- Barry Eichengreen * Foreign Affairs *Growth for Good is thought-provoking and important, and builds a compelling case by linking the literature on economic growth, inequality, and climate change. I hope this book reaches the hands of economic advisors of key politicians and persuades them to embrace the future. -- Roger Fouquet, editor of Handbook on Green GrowthDrawing knowledge from economic history and beyond, Alessio Terzi passionately argues that economic growth can and should be made compatible with a greener future for our planet and that capitalism can become a precious ally to this end. A must-read. -- Sascha O. Becker, Monash University

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Book SynopsisThe Nobel Prize–winning economist, in partnership with a leading progressive European think tank, presents a bold new economic platform to restore prosperity in Europe.Trade Review"Rewriting the Rules is a powerful statement from a group of influential writers from both sides of the Atlantic, led by one of the most eminent economists, a Nobel Prize winner and global activist. The ‘rules’ are in opposition to the once-dominant Washington Consensus, but what is most important is that they are gradually making their way into mainstream economics and policy-making. If this continues, then we can really hope to rewrite the rules both in Europe and maybe even in the USA." -- Marek Belka, former prime minister of Poland and former president of the Polish National Bank

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Book SynopsisThe solution to inequality, environmental degradation, and other deficits of capitalism is better capitalism. The Power of Creative Destruction draws on cutting-edge research to argue that what we need today is not revolution but reform: pro-competitive policies that enable innovation while compensating for the disruption it causes.Trade ReviewSweeping, authoritative and—for the times—strikingly upbeat…The overall argument is compelling and, with creative destruction falling out of political favor, it carries a trace of Schumpeterian subversion. * The Economist *[An] important book…[It] is lucid, empirically grounded, wide-ranging, and well-argued…Schumpeter himself feared capitalism would perish. So far, he seems to have been wrong. Another possibility is that democracy will die, as plutocracy allies with demagoguery. Either way, the civilizations of the contemporary high-income democracies would perish. By promoting a better understanding, this book could, with wisdom and luck, help us avoid that fate. -- Martin Wolf * Financial Times *Successfully navigating the supply chain disruptions created by COVID-19 requires strong political leaders to implement smart policies, but not leaders so strong that they can suppress organizational innovations that will disfavor them or their allies. The authors explain these dynamics and more in an eminently accessible fashion. -- Barry Eichengreen * Foreign Affairs *Marvelous…Consistently thoughtful and, in its way, fearless. In The Power of Creative Destruction, readers will find much that transcends the facile arguments and moral posturing that too often characterizes today’s economic debates. -- Milton Ezrati * City Journal *Gather a group of economists together and ask what most concerns them, and a wide variety of topics would soon emerge…Decade after decade, numerous books have been written about each of these issues. But here we have in one compact package a blockbuster book that deals with all of them…A magisterial book with something new and imaginative to say on such a wide and important range of topics. -- Robert J. Gordon * Business History Review *[A] rigorous education in the economics of innovation…Extend[s] economic analysis to illuminate a wide range of contemporary political and cultural issues. -- William H. Janeway * Project Syndicate *An impressive study…It convinces, to my mind, on what the path to a better world, with less inequality, injustice, environmental catastrophe might look like. -- Bridget Rosewell * Society of Professional Economists *An important book for the times…The authors succinctly connect politics to economics and argue that ‘Innovation Needs Democracy.’…To paraphrase a quote referring to Keynes, another famous economist, this book may convince readers that we should all be Schumpeterians now. -- Craig R. Roach * New York Journal of Books *Offers Americans much needed insight into the sources of economic growth and the kinds of policies that will promote it…All in Washington would do well to read this volume carefully. -- Milton Ezrati * Forbes *Philippe Aghion is one of the founders of the new growth theory focused on the origins and implications of technological progress. This book, based on thirty years of research, shows the richness and usefulness of this approach. It is a fundamental document for thinking about the nature of growth, industrial policy, and the organization of the labor market. -- Olivier Blanchard, Peterson Institute for International Economics and former Chief Economist, International Monetary FundAccelerating technological change, global warming, pandemics, individual and national stagnation, over-indebtedness: this century decidedly provokes anxiety. Armed with legitimate concerns, anti-globalization protestors and neo-Luddites look inwards and denigrate innovation. The Power of Creative Destruction offers another vision, more persuasive and based on the innovation that creates wealth and jobs. Philippe Aghion, Céline Antonin, and Simon Bunel dismantle contemporary myths about such economic phenomena as secular stagnation and the impact of automation on employment. They show the need for competition and the fight against rents. They advocate a regulated capitalism that will allow us to keep society prosperous and the planet green. They explain, in short, how to manage the creative destruction that over the past two centuries has brought to our society a previously unimaginable prosperity. Provocative and rigorous, this book is an important milestone in our reflections on the future of our societies. A must-read. -- Jean Tirole, Nobel Laureate, Toulouse School of EconomicsThe term ‘creative destruction’ expresses a contradiction at the core of capitalism; creation brings innovation, growth, and prosperity while the destruction that it demands engenders resistance and stagnation. Philippe Aghion, Céline Antonin, and Simon Bunel are the leaders in exploring and understanding this story of action and reaction. Their insights are essential if policy is to restore growth in today’s faltering capitalism. -- Angus Deaton, Nobel Laureate in Economic SciencesAnyone curious about where modern capitalism is going and whether economic growth can be sustained should read this book. In accessible prose, based on cutting-edge economic analysis, the authors dissect the dynamics of the modern economies. They show brilliantly how capitalism in the twenty-first century is indeed as creative as it is destructive, and how innovation will affect modern economies and hence the life of every human on the planet, for better and for worse. Deeply researched and intelligently written, this is a genuine tour de force. -- Joel Mokyr, Northwestern UniversityPhilippe Aghion has been the leader of modern growth theory for the last three decades. He has shown that innovation and disruption, Schumpeter’s creative destruction, are at the heart of the productivity and power of a capitalist economy. In this book that story is clearly and compellingly told, but now he and his colleagues go still deeper into the kind of society we want to build, whilst keeping the power of creative destruction. We really can create a prosperous future which brings a supportive community and social cohesion, and a much better environment, climate, and biodiversity. This fine and crucially important book is ultimately optimistic about what we can do, but challenges us as to whether we will. -- Nicholas Stern, London School of EconomicsThe authors…argue that the socioeconomic problems revealed during the global pandemic—welfare, health, inequality, and many others—will not be fixed by abolishing capitalism but rather by inventing a better capitalism through the power of creative destruction, which they define as innovations that disrupt and lift societies. -- Satya Nadella * Fast Company *A refreshing take on large, important societal questions. By making the case for a rightful role for government, institutions, civil society organizations, and issues of equity and fairness in the production of capitalist society, the authors produce a justification for a new political economy—one in which capitalism’s innovative power to produce novel, entertaining, and imaginative products is harnessed to increasing collective welfare and a more interesting and secure future for citizenry. -- Neil Fligstein * Administrative Science Quarterly *An ambitious story of how Western countries escaped the Malthusian population-growth trap, hitting upon an innovation-lead growth trajectory that has so far resulted in immense improvements in longevity and quality of life for the vast majority of humankind. It was a pleasure to read this well-written book, which is full of easy examples and background data. -- Paul Frijters * Economic Record *

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Book SynopsisWhen the first rumblings of the coming financial crisis were heard in August 2007, three men who were never elected to public office suddenly became the most powerful men in the world. They were the leaders of the world''s three most important central banks: Ben Bernanke of the U.S. Federal Reserve, Mervyn King of the Bank of England, and Jean-Claude Trichet of the European Central Bank. Over the next five years, they and their fellow central bankers deployed trillions of dollars, pounds and euros to try and contain the waves of panic that threatened to bring down the global financial system.Neil Irwin''s The Alchemists is both a gripping account of the most intense exercise in economic crisis management we''ve ever seen, and an insightful examination of the role and power of the central bank. It begins in Stockholm, Sweden, in the seventeenth century, where central banking had its rocky birth, and then progresses through a brisk but dazzling tutorial on how the central bankTrade ReviewBrilliantly reported and riveting, Neil Irwin's The Alchemists is a must-read for anyone who wants to understand the global reach of the financial crisis through which we are still living. The international perspective brings a fascinating and wholly new dimension to the story, one that has until now not been adequately told. -- Liaquat Ahamed, author of 'Lords of Finance'Brings events to life without losing sight of the bigger issues * Money Week *[Mr. Irwin] has provided an accessible, engrossing account of the tribulations that Mr. Bernanke, with Mervyn A. King of the Bank of England and Jean-Claude Trichet of the European Central Bank, endured in pulling the world financial system back from collapse... Mr. Irwin seems to have talked with everyone, read the right scholarly papers and interviewed important dissenters in the Fed, the European Central Bank, the Bank of England and the Bundesbank... He has a nice touch for translating central banking's mysteries, opaque and forbidding, into understandable English. He is astute in describing the internal and external politics of institutions traditionally expected to remain above politics of the usual sort. * New York Times *A detailed and fast-moving account of these perilous years. This is the crisis as told through emails, phone calls, meetings and one very fateful walk along the beach in Deauville, France. * The Wall Street Journal *

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Book SynopsisA FINANCIAL TIMES BEST ECONOMICS BOOK OF THE YEARA THE ECONOMIST BOOK OF THE YEAR''Brilliantly conceived and enlightening at every turn'' Lawrence WrightWe have long been suspicious of corporations recklessly pursuing profit and amassing wealth and power.But the story of the corporation didn''t have to be like this. For most of history, they were not amoral entities, but public institutions designed to promote the societies that granted them charter. Magnuson reveals how the corporation has evolved since its beginnings in the ancient world. What happens in this next chapter of the global economy depends on whether we can return to their public-minded spirit, or whether we have sunk irrevocably into the swamp of high profit at all costs.Epic and compelling in scope, For Profit illuminates the roles corporations played, for good and evil, in the making of the modern world.Trade ReviewBrilliantly conceived and enlightening at every turn, For Profit is a thrilling history of an institution that has shaped all our lives - for better and for worse -- Lawrence Wright, author of 'The Plague Year'In this lively and informativehistory of the corporation, William Magnuson shows that corporations were born to serve the public interest-only to be used and abused time and again to maximize profits for shareholders and executives. A must-read for any student of the world's most influential form of economic organization -- Adam Winkler, author of 'We the Corporations'A magnificent history of corporations . . . Private enterprises have produced some of humankind's greatest achievements. But often the most dazzling overstep the mark, leaving a trail of debris and distrust behind them -- The EconomistI can pay Magnuson no higher compliment than to say that For Profit is a book I would be proud to have written -- Martin Vander Weyer, The SpectatorA historical tour de force -- Bloomberg OpinionCorporations have a lengthy and valuable history as social institutions . . . The book makes a useful contribution to a fundamental debate -- Financial Times

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Book SynopsisThese days almost anyone is bound to be depressed by the litany of economic woes we are told are besieging Canada. At the same time, mainstream economists, politicians and business leaders claim that workers' wages must fall, the social safety net must be stripped away, taxes must be cut and environmental regulations must be relaxed. "There Is No Alternative" if Canada is to be competitive.But is this the case? If we are to even begin to respond to this new economic mantra we have to know what makes our economy tick. In Inside Capitalism, Paul Phillips introduces us to political economic analysis-why firms behave as they do, why we have such a high level of economic monopoly, who benefits from the economic structure of capitalism. In so doing, he not only shows that traditional economic analysis is mainly ideology, but we can clearly see that the dismal prospects that average Canadians face are not the result of immutable economic laws but of the political and economic power that business has amassed with the aid of successive governments and the Bank of Canada.

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Book SynopsisCapitalism shapes every aspect of our world, beyond just our economic structures; it moulds our values and influences the way we write laws, wage wars and even conduct personal relationships. From its beginnings to the present day, Capitalism: A Graphic Guide tells the story of capitalism's remarkable and often ruthless rise, evolving through strife and struggle as much as innovation and enterprise. This non-fiction graphic novel explores the key developments that have shaped our modern world, from early banking to the Opium Wars, financial crashes, the rise of service economies and concerns about sustainability. It also introduces us to the leading proponents and critics of capitalism, providing both a theoretical and practical understanding of this fascinating subject.

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Book Synopsis''The most important book about our economy and society to be published in my lifetime'' Irvine WelshFrom Paul Mason, the award-winning Channel 4 presenter, Postcapitalism is a guide to our era of seismic economic change, and how we can build a more equal society. Over the past two centuries or so, capitalism has undergone continual change - economic cycles that lurch from boom to bust - and has always emerged transformed and strengthened. Surveying this turbulent history, Paul Mason wonders whether today we are on the brink of a change so big, so profound, that this time capitalism itself, the immensely complex system by which entire societies function, has reached its limits and is changing into something wholly new.At the heart of this change is information technology: a revolution that, as Mason shows, has the potential to reshape utterly our familiar notions of work, production and value; and to destroy an economy based on markets an

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Book Synopsis''A well-researched, enjoyable and thoughtful book''. - Calum Chace, ForbesExtraordinary innovations in technology promise to transform the world, but how realistic is the claim that AI will change our lives? In this much needed book the acclaimed economist Roger Bootle responds to the fascinating economic questions posed by the age of the robot, steering a path away from tech jargon and alarmism towards a rational explanation of the ways in which the AI revolution will affect us all. Tackling the implications of Artificial Intelligence on growth, productivity, inflation and the distribution of wealth and power, THE AI ECONOMY also examines coming changes to the the way we educate, work and spend our leisure time.A fundamentally optimistic view which will help you plan for changing times, this book explains AI and leads you towards a more certain future.Trade ReviewIn his new and uplifting book The AI Economy, Roger Bootle provides tangible grounds for optimism. -- Mark Littlewood * The Times *a well-researched, enjoyable and thoughtful book. -- Calum Chace * Forbes *A very good read ... as an introduction to the debate as a whole, this book is invaluable. -- Charlie Paice * Adam Smith Blog *Bootle admits from the off that AI was a new topic to him when researching the book, which comes as a relief to the average reader and means we are not bogged down in technical jargon, with tricky concepts explained succinctly and clearly. ... [Bootle] does not shy away from the fact that AI will be a massively disruptive force on the economy, which will force some workers to find new employment, but The AI Economy is a somewhat reassuring read if you are spooked by the idea that robots will steal all the jobs, or wince at the idea of inserting a microchip under your skin. -- Jess Clarke * City AM *This book will probably annoy technophiles, not only because of its lack of technological detail but also because it is finely written by a polymath. It will be a long time before a computer can mesh the thoughts of Voltaire, Malthus, Keynes, Dawkins and Harari. -- Jane Fuller - co-director of the CFSI * Financial World *

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Book SynopsisIn the last 40 years of China's economic reforms, the country has made unprecedented progress in its economic development and its position in the global stage. As a result, interest in China has resulted in numerous books focusing on the world's second largest economy. A single volume, however, cannot possibly explain the complex nature of China's economic system and its relationship with the rest of the world. China's Economic Reforms: Successes and Challenges contributes to the understanding of China's reforms by offering a detailed analysis of critical components of the country's economic architecture.Within the context of the global economy, the book illustrates the performance of the Chinese economy at both the aggregate and individual sector levels before and after reforms. Comparisons and contrasts are made with the economies of the US, Japan, South Korea, India, and Russia. The book presents the challenges facing the Chinese reform process, and explain how these challenges affect the domestic economy, the rest of the world, and the overall success of China's reforms.

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Book SynopsisIn countries with officially egalitarian property law, women still accumulate less wealth than men. Combining quantitative, ethnographic, and archival research, The Gender of Capital explains how and why women of all classes are economically disadvantaged at crucial junctures in family life such as divorce, inheritance, and succession.Trade ReviewAn important intervention…The authors effortlessly interweave qualitative and quantitative data; they elucidate statistics through engaging prose, and balance this by including personal narratives and interviews with a variety of people. * LSE Review of Books *This book was enjoyable and thought-provoking…It brought together a wealth of different kinds of evidence in a methodologically-rigorous and theoretically-rich exploration of an important topic that deserves more attention. I highly recommend it to all those interested in wealth inequality. -- Karen Rowlingson * British Journal of Sociology *Because the distribution of wealth rather than income plays a dominant role in determining inequality, more attention will need to be paid to the gender distribution of wealth. This book shines a light on this under-researched area. -- Ian Bright * Society of Professional Economics *A fantastic, must-read book. If you want to know why gender inequality in wealth remains enormously high, and even has risen in recent decades, this work should be at the top of your reading list. Bessière and Gollac deftly disentangle the complex processes of estate planning, divorce proceedings, and marital arrangements that have brought us to this point. -- Thomas Piketty, author of A Brief History of EqualityThe Gender of Capital is a rare gem. Illuminating entrenched social and legal practices, Bessière and Gollac expertly demonstrate the grip of gender inequality in shaping the transmission of wealth. Their discoveries deserve a broad audience, and undoubtedly will shape the direction of future research. -- Viviana A. Zelizer, author of Economic Lives: How Culture Shapes the EconomyRichly documented and incisively argued, this book offers new insight into how unequal relations between women and men are reproduced over many generations. For those of us who have been doing feminist work for a long time, it offers welcome confirmation that gender is an important determinant of inequality, both within and across divisions of class. -- Joan Wallach Scott, author of Sex and SecularismAn important new chapter in the history of wealth inequality. In a fascinating account of legal and family practices surrounding bequests and divorce, Bessière and Gollac reveal the mechanisms through which wealth accumulates mostly in the hands of men. -- Jens Beckert, author of Imagined Futures: Fictional Expectations and Capitalist DynamicsAt last, a book that addresses the notable omission of gender from the conversation about wealth inequality. Taking seriously the contributions of 1970s and 1980s socialist feminists, Bessière and Gollac show how the practice of family and inheritance law drives the gender wealth gap. One can only hope that scholars in the United States will pursue future work following this model. -- Cynthia Grant Bowman, author of Living Apart Together: Legal Protections for a New Form of Family

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Book SynopsisThe greatest dilemma our planet faces is the tradeoff between poverty alleviation, inequality reduction, and climate change. In Unsustainable Inequalities, economist Lucas Chancel confronts how to share prosperity without furthering environmental harm, arguing for policies that would direct the benefits of environmental protection to the poor.Trade ReviewRising inequality and global warming are the most pressing issues of our time. Written by one of world's leading experts on global inequality trends and sustainable development, this book demonstrates that they can and should be addressed together, and offers refreshing perspectives on how to do so. A must-read. -- Thomas Piketty, author of Capital and IdeologyIn this concise and precise book Chancel offers an indispensable metric to reveal the class conflicts that cut across the simplistic divide between ecology and social justice, reconciling those afraid of the ‘end of the world’ and those trying to ‘make ends meet.’ -- Bruno Latour, author of Facing Gaia[Chancel] analyses the links between environmental and economic inequality. His conclusion is that we cannot solve one without addressing the other. An original perspective on two of our most significant contemporary challenges. -- Martin Wolf * Financial Times *Well-structured, fluent, and sharp, Unsustainable Inequalities is a work of global relevance and paramount importance, even more so as inequalities as we have them make it impossible to confront the worsening climate crisis. -- Claude Henry, Sciences Po, ParisSobering but essential…[Chancel] identifies social inequality as a core driver of environmental unsustainability that leads to a vicious circle wherein the rich consume more and the poor lose access to environmental resources and become increasingly vulnerable to environmental shocks. -- Gillian Bowser * Science *This book has unpacked the intricate relationship between social injustice and environmental harm and argues for delinking the complex nexus they form with economic inequality…A highly relevant and thought-provoking read during the COVID-19 pandemic when millions are affected socially and economically by lockdowns and restrictions. -- Gayathri D. Naik * LSE Review of Books *Lucas Chancel reflects on the complex articulation of the environmental and the socioeconomic spheres… [The book] opens up avenues toward a more desirable and livable future. * Le Monde *[Chancel] relentlessly sheds light on the failure of liberal policies. * Politis *

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Book SynopsisTrade Reviewa rich and absorbing narrative * John Plender, Financial Times *A thorough and comprehensive history of public debt * Paschal Donohoe, Irish Times *Discussions of sovereign debt are always the same, yet always different. Why debt finance? How much can we borrow? Should creditors worry? The authors take us on a fascinating 2500-year tour of sovereign debt through the ages, the discussions, the successes and the failures. The bottom line: Well-used, debt finance has been and is precious. The latest example: The use of debt during the Covid crisis. A must read for anybody interested in current debt debates. * Olivier Blanchard, Professor of Economics Emeritus, MIT, and Senior Fellow, Peterson Institute for International Economics *An exceptionally comprehensive and readable history of public debt from ancient Greece to modern Greece and from Argentina to Australia to Asia to America. This book is rich with detail, studded with lessons learned, forgotten and learned again, and packed with analytical perspective that reflects decades of scholarship. It is a timely reminder to governments, lenders, investors and ordinary citizens that if you don't know where you've been, you probably don't know where you are going. * David Wessel, Director, Hutchins Center on Fiscal and Monetary Policy, Brookings Institution *Repeatedly since the 1980s, Americans have been told to worry about the size of the federal debt. And yet the debt has continued to grow absolutely and as a share of gross domestic product, with few of the predicted adverse consequences. Building expertly on large and complex literatures in history, economics and political science, In Defense of Public Debt offers a balanced account of the positive and negative aspects of public debt, showing the vitally important role government borrowing can play in a time of crisis, but also the very real problems that can arise when debts grow too large. At a time when too many policymakers subscribe to naive ideas about public finance, this is a book that cries out for a readership beyond the academy. * Niall Ferguson, Milbank Family Senior Fellow, Hoover Institution, Stanford *For a typical citizen, protection in war-time or in a pandemic reveals their government to be a problem-solver rather than 'the problem.' Yet the legacy of such episodes in the accumulated national debt is widely misunderstood, opening the way to too rapid a turn to austerity. In Defense of Public Debt provides enlightenment and reassurance by inviting the reader to follow how public debt—warts and all—has helped create the modern world. * Wendy Carlin, Professor of Economics, University College London *In Defense of Public Debt could not be timelier. It is an engaging and informative account of the use and misuse of government borrowing, from early times to the Covid pandemic. The unquestionable expertise of the authors, and their non-partisan reading of the evidence from our past, will serve to guide the intelligent reader as they wrestle with one of the most important issues of our time: Are we borrowing too much? * Raghuram Rajan, Professor of Finance, University of Chicago *How much debt should a country accumulate during a crisis? And afterwards? To know what works and what doesn't requires verdicts on past performances. The authors deliver the verdicts, applying sound principles in a definitive global history of public debt. * Peter H. Lindert, Distinguished Professor of Economics (Emeritus), University of California - Davis *With so much nonsense about the public debt in the air, it is refreshing to discover a work of such intelligence, balance, and erudition. Read In Defense of Public Debt for fun and profit. Then send an excerpt or two to your favorite politicians. * Alan S. Blinder, Gordon S. Rentschler Memorial Professor of Economics and Public Affairs, Princeton University *In this fascinating and comprehensive history, the authors provide a much-needed antidote to the simplistic accounts that so often dominate debates about government debt. From its earliest origins to today, public borrowing has sometimes led to spectacular failures, but it has also allowed societies to achieve objectives that would have been impossible in its absence. As we ask where we stand with public debt today, there is no better book to remind us of the lessons of history. * David Stasavage, Julius Silver Professor of Politics, New York University *In Defense of Public Debt, by Eichengreen, El-Ganainy, Esteves and Mitchener, could not have been better timed...As a work of economic history, it provides a comprehensive, clear and readable tour through the ages of sovereign debt that will be of interest to economists, historians, political scientists, philosophers, as well as to practitioners and the general public interested in current debates on debt sustainability. * Anahí Wiedenbrüg, Economics and Philosophy *Table of ContentsAcknowledgments Chapter 1. Introduction Chapter 2. Debt in Service of the State Chapter 3. States and the Limits of Borrowing Chapter 4. Democratization and Globalization Chapter 5. Caveat Emptor Chapter 6. Managing Problem Debts Chapter 7. Successful Consolidation Chapter 8. Warfare to Welfare Chapter 9. Cycles of Debt Chapter 10. Oil and Water Chapter 11. Missed Opportunities Chapter 12. Debt to the Rescue Chapter 13. COVID-19 Chapter 14. Conclusion References

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Book Synopsis'Market failure' is a term widely used by politicians, journalists and university and A-level economics students and teachers. However, those who use the term often lack any sense of proportion about the ability of government to correct market failures. This arises partly from the lack of general knowledge -- and lack of coverage in economics syllabuses -- of Public Choice economics. Public Choice economics applies realistic insights about human behaviour to the process of government, and it is extremely helpful for all those who have an interest in -- or work in -- public policy to understand this discipline. If we assume that at least some of those involved in the political process -- whether elected representatives, bureaucrats, regulators, public sector workers or electors -- will act in their own self-interest rather than in the general public interest, it should give us much less confidence that government can 'correct' market failure. This complex area of economics has been

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Book SynopsisTrade Review[A] superbly argued and important book. America is no longer the home of the free-market economy…The great obstacle to action in the U.S. is the pervasive role of money in politics. The results are the twin evils of oligopoly and oligarchy…Donald Trump is in so many ways a product of the defective capitalism described in The Great Reversal. What the U.S. needs, instead, is another Teddy Roosevelt and his energetic trust-busting. Is that still imaginable? All believers in the virtues of competitive capitalism must hope so. -- Martin Wolf * Financial Times *A fascinating case study of rising corporate concentration and why this reflects not just impersonal economic forces but political choices… [Philippon] concludes competition has indeed declined to the detriment of consumers. His novel contribution, though, is to contrast this with the experience of Europe… Where the U.S. was once the world’s teacher, it may be time to be the pupil. -- Greg Ip * Wall Street Journal *Fascinating…In one industry after another, [Philippon] writes, a few companies have grown so large that they have the power to keep prices high and wages low. It’s great for those corporations—and bad for almost everyone else…Too often, both parties are still confusing the interests of big business with the national interest. And American families are paying the price. -- David Leonhardt * New York Times *Philippon sees today’s Europe, ironically the home of government-driven market intervention, as the place that has figured out how to set markets free by spurring competitiveness and thus keeping services up and prices down…The Great Reversal argues that the United States has much to gain by reforming how domestic markets work but also much to regain—a vitality that has been lost since the Reagan years. We don’t know if Philippon is a fan of Donald Trump, but his analysis points to one way of making America great again: restoring our free-market competitiveness. -- Arthur Herman * Wall Street Journal *[A] primer on the recent woes of the U.S. economy…It attributes these troubling developments to a decline in competition that has been brought about in large part by the rise of very powerful technology companies and above all by the lack of enforcement of antitrust policies. Philippon also points to the damaging role of politicians who protect the interests of their wealthy donors by sponsoring and creating loopholes in tax and regulatory laws. -- Richard N. Cooper * Foreign Affairs *Examines money in politics, and carefully knocks down tendentious arguments that such behavior does not simply reflect the rich purchasing policy outcomes that benefit themselves…Some of Philippon’s findings are eye-popping. -- Ryan Cooper * American Prospect *In this seminal book, economist Philippon uses detailed evidence to argue that, far from being the home of free-market competition, the U.S. today has less competition than the much-maligned EU, particularly in its product markets, which are riddled with monopoly and monopsony. This is not the result of natural forces, but of deliberate policy. Declining competition has raised profits, depressed wages, weakened investment and undermined productivity growth. The U.S. needs a reinvigoration of antitrust. * Financial Times *A compelling read for those interested in the dynamics of the overall innovation economy or the political debate over antitrust and Big Tech…A timely analysis of the weakening of America’s regulatory regime for protecting free market competition. -- Eric Peckham * TechCrunch *The Great Reversal is a must-read for anyone who cares about the single most important issue of our time—the growing concentration of economic and political power in the hands of too few corporations and individuals. Philippon shows us that America is no longer the home of free markets, and Old Europe is a lot more competitive than we think. Data-driven, readable economic myth-busting at its best. -- Rana Foroohar, Associate Editor and Global Business Columnist, Financial TimesProvides an in-depth, evidence-based examination of how unchecked corporate power harms workers, consumers, and the economy, all while making a passionate case in favor of competitive markets. * ProMarket *A timely diagnosis of what fundamentally ails the American economy. Philippon, using solid empirical evidence and careful research, asserts that the level of competition has declined in the U.S. -- Vivekanand Jayakumar * The Hill *Everyone in tech or interested in tech ought to read this book—it provides a rigorous, but easy-to-grasp look at the economics of consolidation and what it does to markets, prices, and products. -- Nilay Patel * The Verge *Excellent. -- Diane Coyle * Project Syndicate *Fascinating…Philippon’s work is impressive. -- Ali Nikpay * The Telegraph *Philippon argues for a surprising conclusion: Europe is making a better job of running a competitive market economy than the home of capitalism…Time also, Philippon argues, for America to relearn the virtues of competitive capitalism from its erstwhile pupil across the pond. -- Colm McCarthy * Irish Times *Should we love American capitalism, or hate it? Are large corporations making our lives better through endless innovation and price reductions, or are they exploiting their workers and their customers to enrich the few? Would European-style regulation make things better, or worse? Thomas Philippon’s eloquent book has the answers. It is an invaluable contribution to one of today’s most important debates. -- Angus Deaton, Nobel Laureate in Economic SciencesIn this hugely important book, Thomas Philippon shows that America’s most urgent economic problem is not too much capitalism, but rather too little competition. A clarifying guide to the political reforms we need to make the market work for ordinary people. -- Yascha Mounk, author of The People vs. Democracy: Why Our Freedom Is in Danger and How to Save ItSuperbly exposited and replete with examples, this marvelous book illustrates the challenges the United States faces today in reversing its decades-long slide into monopoly and economic oligarchy. A master class in political economy, it draws on the author’s own pathbreaking academic research, yet shows great respect for competing points of view. Philippon’s quantitative contrast between highly monopolized U.S. markets and highly competitive European markets is particularly striking. The data suggests that Americans should not be so complacent about their apparent economic superiority. -- Kenneth Rogoff, Harvard UniversityThe Great Reversal is a terrific book that tackles a hot, policy-relevant, and fascinating question: what has happened to competition in the United States? It’s essential reading to understand twenty-first-century capitalism. -- Gabriel Zucman, University of California, Berkeley

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Book SynopsisWhat is it about free-market ideas that gives them staying power in the face of such failures as persistent unemployment, widening inequality, and financial crises? The Power of Market Fundamentalism extends economist Karl Polanyi's work to explain why these dangerous utopian ideas have become the dominant economic ideology of our time.Trade ReviewIn seeking to understand the dynamics of our own time, we can do no better than to revisit Polanyi… Block and Somers provide a thorough reprise of Polanyi for readers new to him and careful analysis for specialists. The best part of their book is its introductory chapter, a well-integrated and brisk summary of the man and his ideas. Other chapters provide useful discussions of what Polanyi’s social history gets right and slightly wrong, as well as astute comparisons of Polanyi with Keynes and Marx… As more of us are having second thoughts about the second coming of the primal market, it is as if Polanyi is somewhere in the ether. Rereading Polanyi at a time when events vindicate his vision, one has to be struck with the eerie contemporary ring. Polanyi is startlingly 21st-century in addressing how the private rule of global finance puts public policy in a straitjacket. -- Robert Kuttner * American Prospect *Two of the smartest and most erudite sociologists at work today, Block and Somers deftly trace the biographical origins of Polanyi’s ideas and elucidate the philosophical, historical, and economic literatures he alludes to. The result is a lucid, engaging, and often brilliant guidebook to The Great Transformation that shows just how much we need Polanyi today… Everyone should be reading The Great Transformation these days. But first they should probably read The Power of Market Fundamentalism. -- Frank Dobbin * American Journal of Sociology *A timely book. More and more people are reading and quoting Polanyi, but they don’t always understand him. The Power of Market Fundamentalism undertakes to situate Polanyi’s thinking in our time and relate it to the events that have taken place since the publication of The Great Transformation in 1944. It also draws on biographical material in a way that only the two authors are able to. It does an excellent job of exploring how the world changed in a neoliberal direction when at the end of World War II everyone believed that capitalism would forever be under control. -- Wolfgang Streeck, Max Planck Institute for the Study of Societies, CologneKarl Polanyi’s analysis should be an invaluable resource for social scientists, policy makers, and intelligent citizens who are grappling to find better ways of interpreting the economic and social distress that grips so many formerly comfortable societies of the industrialized North. Block and Somers, who are the premier analysts of Polanyi’s work, do a wonderful job of bringing this invaluable resource to bear on today’s debates. -- Peter Evans, University of California, Berkeley

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Book SynopsisFramed by a critical analysis of global capitalism, this book examines how the six states of the Gulf Cooperation Council are powerfully shaping the political economy of the wider Middle East. Through unprecedented and fine-grained empirical research - encompassing sectors such as agribusiness, real estate, finance, retail, telecommunications, and urban utilities - Adam Hanieh lays out the pivotal role of the Gulf in the affairs of other Arab states. This vital but little recognised feature of the Middle East''s political economy is essential to understanding contemporary regional dynamics, not least of which is the emergence of significant internal tensions within the Gulf itself. Bringing fresh insights and a novel interdisciplinary approach to debates across political economy, critical geography, and Middle East studies, this book fills an important gap in how we understand the region and its place in the global order.Trade Review'This brilliant book by one of the most thoughtful scholars of the Gulf states is deeply researched, coruscatingly lucid, and profoundly important. It shows all the ways in which Gulf capital permeates and shapes Middle Eastern economies, in the agricultural, construction, industrial and banking sectors. It carefully traces the processes of financialisation that are so fundamental to Gulf capital accumulation and shows the political effects of Gulf capital's economic power. In so doing Hanieh casts an urgently needed light on the machinery of Middle Eastern political economy and social relations.' Laleh Khalili, School of Oriental and African Studies, University of London'Framed by a sophisticated spatial analysis that rejects a sharp distinction between class and state, Adam Hanieh decisively establishes that we cannot understand the Gulf solely through the lens of oil. The GCC countries have become increasingly prominent in the international circulation of money, commodities, and people. Money, Markets, and Monarchies demonstrates that Gulf capital is a central factor in both global capitalism and the broader political economy of the Middle East and North Africa. Money, Markets, and Monarchies should change the way we view the region and its place in the world.' Joel Beinin, Stanford University, California'In this well researched and lucid book, Hanieh convincingly illustrates how the GCC is embedded in international and regional circuits of accumulation. By stitching together various vectors of neoliberal capitalism, Money, Markets, and Monarchies, helps us understand how class relations are reproduced within the Gulf region as well as the Arab Middle East. As such, it is essential reading for scholars of the Middle East as well as all who are interested in the processes that have produced wealth and inequalities internationally in recent decades.' Arang Keshavarzian, author of Bazaar and State in Iran: the Politics of the Tehran Marketplace'The book is accessible to the non-specialists but is also a great resource for scholars whose subject matter expertise is the GCC. [It] brings unique insights and an interdisciplinary approach to debates across the political economy of the ME and its position on the global stage.' Omar Darwazah, Arab Studies QuarterlyTable of ContentsAcknowledgements; 1. Framing the Gulf: space, scale, and the global; 2. Gulf financial surpluses and the international order; 3. Boundaries of state and capital: mapping the Gulf's business conglomerates; 4. From farm to shelf: Gulf agro-commodity circuits and the Middle East; 5. The Arab built environment, accumulation, and the Gulf; 6. Spaces of financialisation in the Middle East; 7. Visions of capital: the GCC and the 'new normal'; 8. Future paths and political ends; References.

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Book SynopsisLearn the rules of the game of capitalism so you can play to win and build wealth Crash Course on Capitalism and Money: Lessons from the World's Most Expensive City is not your typical personal finance guide. Written by the founders of the top personal finance blog in Singapore, this book acknowledges the frustrations many young people feel as they enter the world of money, and it shows you how to develop the mindset necessary to thrive for the rest of your life. Through visual storytelling, Crash Course on Capitalism and Money melds personal finance, economics, sociology, and psychology to create a book that shows you the path to financial success. If you're ready to rise above discontentment, accept the reality you find yourself in, and put in the work it takes to survive, then thrive in today's worldthen this is the book for you. In this book, you'll find a collection of the most popular comics by The Woke Salaryman. The stories are accompanied by commentaries that offer additional context on how each story fits within the bigger framework of approaching the daunting challenge of navigating money, life and purpose in these times. Why you should get the book: It's a guided tour from the perspective of the disillusioned youth who feel like the game is rigged and the odds are stacked against their favor. The comics and illustrated essays make the technical and boring aspects of personal finance more accessible and interesting. Actionable step-by-step tips on how to make your first steps after graduation. The point is not just to make as much money as possible, but rather to think about personal finance as an important strategic aspect in your life, from which you can then achieve your life goals. For young people just beginning their personal finance journeys, as well as anyone who wants to make better financial and life choices while navigating the rules of capitalism and wealth, Crash Course on Capitalism and Money is a fun and enlightening read.Table of ContentsFOREWOR CHAPTER 1: ACCEPT THAT LIFE IS UNFAIRCHAPTER UNFAIR How much in life is actually up to you? The Four Horsemen of Success Stop blaming the poor for being poor CHAPTER 2: START YOUR FINANCIAL REVOLUTIONCHAPTER REVOLUTION The first 100k is the hardest, but it gets easier Young people are obsessed with investing (they shouldn’t) The 10 timeless principles to increase your income Why you should think like a business (sometimes) CHAPTER 3: THE REALITIES OF THE 2020sCHAPTER 2020s My generation had it worse! Why inequality looks the way it does How I feel about foreigners moving into my homeland CHAPTER 4: BE WEALTHIER THAN THE RICHCHAPTER RICH The one big reason why some rich people will never be happy Why I’m shamelessly downgrading Should I hustle? Or should I lie flat? CHAPTER 5: PARTING WORDS CHAPTER WORDS APPENDIX

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Book SynopsisBanks have taken a backseat since the global financial crisis over a decade ago. Today, our new financial masters are asset managers, like Blackstone and BlackRock. And they don't just own financial assets.The roads we drive on; the pipes that supply our drinking water; the farmland that provides our food; energy systems for electricity and heat; hospitals, schools, and even the homes in which many of us live-all now swell asset managers' bulging investment portfolios.As the owners of more and more of the basic building blocks of everyday life, asset managers shape the lives of each and every one of us in profound and disturbing ways. In this eye-opening follow-up to Rentier Capitalism, Brett Christophers peels back the veil on ""asset manager society.""Asset managers, he shows, are unlike traditional owners of housing and other essential infrastructure. Buying and selling these life-supporting assets at a dizzying pace, the crux of their business model is not long-term investment and careful custodianship but making quick profits for themselves and the investors that back them.In asset manager society, the natural and built environments that sustain us become one more vehicle for siphoning money from the many to the few.Trade ReviewAt its best when [Christophers'] passion comes through, stripping away the spin of an industry that likes to portray itself as benefiting teachers, nurses and firefighters but which disproportionately enriches itself. -- Philip Augar * Financial Times *An illuminating interrogation of asset-manager society and its pathologies. -- John Cassidy, author of How Markets Fail: The Rise and Fall of Free Market EconomicsIf big banks were the villains of the 2008 financial crisis, big asset managers may well be at the heart of the next global economic trauma. In this must read book, Brett Christophers outlines how the world's top fund managers and private equity titans have taken over not only our portfolios, but the homes in which we live, the hospitals we go to when we are sick, the food we eat and the water we drink. Our very lives are now financialized - with disturbing consequences that have yet to be understood, or grappled with -- Rana Foroohar, Global Business Columnist and Associate Editor, Financial TimesThere are few financial topics as deserving of more thorough examination than asset management and its myriad modern manifestations. What insiders often blandly call "non-bank financial institutions" are in reality the new powerhouses of modern capitalism. Brett Christophers ably shows that their dominion has increasingly extended from financial assets to "real" assets - the roads we drive, the water we drink, the homes where we live, and sometimes even the hospitals where we die. As Christophers points out, the broader societal consequences are significant. -- Robin Wigglesworth, Editor, FT Alphaville, and author of Trillions: How a Band of Wall Street Renegades Invented the Index Fund and Changed Finance ForeverAn excellent book that sheds light on the grim reality of modern asset management unfolding at the heart of our society: the homes where we live and the energy infrastructures we depend on. The study of the asset-manager 'society' provides a sobering mapping of the relentless control exerted by asset managers - their portfolios establishing commercialised dependencies across our economy. Christophers successfully uncovers how such investment operations-often under a veil of non-transparent ownership-- put families and their livelihoods at the mercy of rent-seeking corporations. His book is a captivating take on a consequential multitrillion-dollar industry for everyone seeking to understand the configurations of an increasingly unequal and non-transparent economic system. -- Mariana Mazzucato, Professor at University College London and author of The Value of Everything: making and taking in the global economyWhen we shop, park, care for our loved ones, pay rent or our utilities bills, you and I are often little more than tiny trickles of income for companies whose names are not on our bills and that we may not even know. How did this happen and what does it say about where power lies? As ever, Brett Christophers makes a lucid, knowledgeable and impressively unimpressable guide to terrain usually fenced off from the public. -- Aditya Chakrabortty, Senior economics commentator, The GuardianChristophers lays out an essential guide to the many ways a poorly understood force in the global economy - asset management - structures our physical world, from housing to food to clean energy. As useful for curious academics as for organizers on the ground, Our Lives in Their Portfolios is a forensic account of an industry so ubiquitous as to go unnoticed. Christophers' engaging, easy to grasp account shines much-needed light on an industry that thrives in darkness, busting open the dangerous myths it tells about itself. -- Kate Aronoff, co-author of A Planet to Win: Why We Need a Green New DealIf you are interested in politics, but don't know much about asset managers like Brookfield and Blackstone, you need to read this book. What Brett Christophers reveals in Our Lives in Their Portfolios is the secret fight over who controls our social infrastructure, and whether it will be a small clique of financiers who live in gilded cities, or whether it will be the public. From the rent we pay on our housing to energy grids, sewer systems, and telecom networks, these firms are as important as they are opaque. Christophers shines a light into this secretive arena, and exposes how power works and what the real stakes of our political debates over finance really are. -- Matt Stoller, author of Goliath: The 100-Year War Between Monopoly Power and DemocracyChristophers takes up the global money trail, highlighting how investors have been quietly buying up critical infrastructure in Europe and beyond. -- Joe Humphreys * Irish Times *An incisive overview of the outsized returns made on physical assets by a small class of global elites, and the price the rest of society may ultimately pay. * Spear's *Worth persevering for the good stuff. Christophers chronicles how Britain has become the focus for Macquarie and the like. -- John Arlidge * The Sunday Times *An impressive feat...Christophers does what few other economists are able to convincingly undertake in less than three hundred pages. He has written a book on the creeping financialization of our daily lives that an informed, generalist audience can understand, and told it through engaging and relatable case studies. -- Adam Almeida * Jacobin *Incisively dissects - and criticises - the landscape of this novel stage of capitalism. -- Chris Dorrell * City A.M. *[One] of the best analysts of contemporary global capitalism. -- Kojo Koram * Times Literary Supplement *Christophers' neat dissection of the industry ... reveals how, while purporting to work for our retirements, it disproportionately enriches itself. -- Moira O’Neill, Best summer books of 2023 * Financial Times *Necessary reading for anyone wanting to stay abreast of our dysfunctional economic times. -- Will Davies * New Statesman *

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Book SynopsisSocialism has particular appeal to intellectuals - the teachers, journalists and other commentators who pass comment on public policy without any special expertise on economic matters. This work explains the enduring appeal of socialist ideas.

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Book SynopsisAn introductory and critical guide to how the economy works, and what this means for us.Trade Review'Stanford is that rare breed: the teacher who changed your life. He has written a book - both pragmatic and idealistic - with the power to change the world' -- Naomi Klein, author of This Changes Everything: Capitalism vs. the Climate and No Logo.'Jim Stanford explains what's worth trusting in economics and what's not in an accessible way. Read this book' -- Steve Keen, Professor and Head, School of Economics, Politics & History, Kingston University, London, U.K.'Helps us understand what the newspapers never explain: how these economic crises are a product of the inequalities and incapacity for social foresight that is capitalism's everyday economics' -- Hilary Wainwright, editor of Red Pepper'Quite simply the best critical introduction to economics you can find' -- Frank Stilwell, Professor Emeritus of Political Economy, University of Sydney, Australia'Clear, compelling, lively and anger-provoking, all at once' -- Robert Pollin, Distinguished Professor of Economics and Co-Director of the Political Economy Research Institute (PERI), University of Massachusetts-Amherst, U.S.A.Table of ContentsAcknowledgements Introduction: Why Study Economics? Part I: Preliminaries 1. The Economy and Economics 2. Capitalism 3. Economic History 4. The Politics of Economics Part II: The Basics of Capitalism: Work, Tools and Profit 5. Work, Production and Value 6. Working with Tools 7. Companies, Owners and Profit 8. Working for a Living 9. Reproduction (for Economists!) 10. Closing the Little Circle Part III: Capitalism as a System 11. Competition 12. Business Investment 13. Employment and Unemployment 14. Inequality and Its Consequences 15. Divide and Conquer 16. Capitalism and the Environment Part IV: The Complexity of Capitalism 17. Money and Banking 18. Inflation, Central Banks and Monetary Policy 19. Paper Chase: Stock Markets, Financialization and Pensions 20. The Conflicting Personalities of Government 21. Spending and Taxing 22. Globalization 23. Development (and Otherwise) 24. Closing the Big Circle 25. The Ups and Downs of Capitalism 26. Meltdown and Aftermath Part V: Challenging Capitalism 27. Evaluating Capitalism 28. Improving Capitalism 29. Replacing Capitalism? Conclusion: A Baker's Dozen: Key Things to Remember Index

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Book SynopsisDoes class determine economic options, or is class in our headsa matter of interpreting symbols and meanings? Cultural theorists have made the second claim, sidelining materialism. Now, amid deepening inequality, Vivek Chibber defends materialist analysis of class power, while arguing that we still have something to learn from cultural frameworks.Trade ReviewA quite thorough and impressive work, not only a compelling defense of materialism but also a fair-minded if highly critical engagement with cultural theory. It isn’t clear how culturalists—especially the anti-Marxist ones—can effectively respond to this broadside, tightly and cogently argued as it is. -- Chris Wright * CounterPunch *Chibber has accomplished something quite astounding in The Class Matrix—he has developed a sophisticated, elegant, and readable defense of the sociological significance of class structure in understanding and addressing the key problems inherent in capitalism. * Choice *The Class Matrix is a clear, compelling, and systematic statement of the view that class is an objective reality that predictably and rationally shapes human thought and action, one we need to grapple with seriously if we’re to comprehend contemporary society and its morbid symptoms. * Jacobin *Concisely and systematically argues the case for the continued importance of class for the radical left today. Vivek Chibber rigorously debunks various long held understandings that characterise radical left thought since the cultural turn. -- Chris James Newlove * Marx & Philosophy Review of Books *The Class Matrix is an important theoretical contribution to a wide and lively discussion in the humanities and social sciences about structural and cultural explanation. Chibber’s profound reassessment of the Marxist theory of class in the light of the new culturalist arguments shows in a sophisticated and convincing way that the capitalist economic system and its class structure of capital and wage labor have a special force in constraining the choices of action open to capitalists and wage-workers. -- Goran Therborn, University of CambridgeVivek Chibber’s magnificent new book carves a path forward for structuralist and materialist analysis in a post–cultural turn academic era. Chibber reformulates Marxist theory to recognize the fundamental role of class structure in shaping human well-being while allowing a place for contingency in the generation of collective action. He adroitly uses this framework to shed light on the trajectory of modern capitalism and class formation in the twenty-first century. The Class Matrix is the response to the cultural turn that structuralists like me have been waiting for, and the book does not disappoint. -- James Mahoney, Northwestern UniversityAlong with a materialist critique of the cultural turn, Chibber restores the centrality of class. Lucid theory from a brilliant mind. Sure to generate vigorous debate. -- Michael Burawoy, author of The Politics of Production

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Book SynopsisCapitalism faltered at the end of the 1990s as corporations were rocked by fraud, the stock-market bubble burst and the American business model unfettered self-interest, privatization and low tax faced a storm of protest. But what are the alternatives to the mantras of market fundamentalism?Leading economist John Kay unravels the truth about markets, from Wall Street to Switzerland, from Russia to Mumbai, examining why some nations are rich and some poor, why one-size-fits-all' globalization hurts developing countries and why markets can work but only in a humane social and cultural context. His answers offer a radical new blueprint for the future.

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Book SynopsisTrade ReviewA brilliant writer with a polymathic range. With The Anxious Triumph, he has produced a magnum opus, an accessible and genuinely global history of the transformative but unstable capitalist phenomenon. ... This is a book for today and tomorrow. -- Harold James * Financial Times *It is hugely erudite: everyone can learn from it. -- Paul Collier * New Statesman *Sassoon offers us a sprawling map, studded with fascinating details. ... It is quirkily brilliant -- Adam Tooze * Guardian *He is no apologist. His comprehensive account of the origins of modern capitalism make clear the human cost of a system of institutionalised greed -- Iain Macwhirter * Herald *

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Book SynopsisThis book examines the electoral successes of anti-system forces in the rich democracies. It explains the rise of anti-system politicians and parties in terms of two separate but closely related developments: the rise of economic inequality and insecurity over the last four decades, and the failure of technocratic elites to address them.Trade ReviewJonathan Hopkin offers a well-researched book which identifies connections between the anti-system politics in the United States, Britain, Greece, Spain and Italy. He finds there is a clear divide in how Northern and Southern Europe express their forms of anti-system politics. But he demonstrates how they both have common threads which tie them into a common zeitgeist which has affected the Western political tradition. This is quite an accomplishment. * Jonathan Hopkin, Democracy Paradox *Table of ContentsIntroduction The New World Order: The End of Social Democracy and the Rise of the Liberal Cartel The Failure of the Liberal Cartel: The Political Consequences of the Financial Crisis of 2008 Varieties of Anti-System Politics The Implications of Anti-System Politics: Nationalism, Socialism, Participation

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Book SynopsisThis text provides a comprehensive analysis of contemporary macroeconomics, within a European and global context. The authors balance the theoretical aspects with up-to-date policy examples throughout, allowing the reader to relate the concepts to their own economic environment.Trade ReviewBurda and Wyplosz have done a marvelous job for this eighth edition by further tweaking what has long since been an outstanding foundational book in macroeconomics. Macroeconomics: A European Text is superb in striking the right balance between theory and evidence and it remains peerless in integrating open economy aspects to the macroeconomics curriculum. The book continuous to be the go-to book for equipping undergraduate students with the thinking tools needed for understanding modern macroeconomics. * Mark Weder, Professor of Economics, Aarhus University *An excellent introduction to macroeconomics. It explains advanced concepts in easily understood models and language, with applications to real-world problems that helps students grow into mature economists. Many of Europe's economic challenges are different from those of the United States and other advanced countries, because of its unique nature of a large market made up of several smaller entities that have discretion over many aspects of economic management. It is most welcome to find a book that addresses these issues within a rigorous, yet approachable framework, that can help the reader engage in a well-informed discourse about our future. * Sir Christopher Pissarides, Regius Professor of Economics, London School of Economics *This is a superb and engaging macroeconomics text for those interested in Europe. It contains plenty of theory, empirics and case studies with excellent sections on income distribution and the global financial crisis. To be recommended strongly for those who want to teach macroeconomics for the real world. * Rick Van der Ploeg ,Professor of Economics, Oxford University *

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Book SynopsisFrom Finland to Kenya to Stockton, California, more and more governments and private philanthropic organizations are putting the idea of a Universal Basic Income to the test. But can the reality live up to the hype? The motivating idea of a Universal Basic Income (UBI) is radically simple: give people cash and let them do whatever they want with it. But does this simple idea have the potential to radically transform our society? Is a UBI the ultimate solution to the problem of poverty? Is it the solution to automation-induced unemployment? Can it help solve gender and racial inequality?This book provides the average citizen with all the information they need to understand current debates about the UBI. It recounts the history of the idea, from its origins in the writings of 18th century radical intellectuals to contemporary discussions centered on unemployment caused by technological advances such as artificial intelligence. It discusses current pilot programs in the United States and Trade ReviewIn this important book, Zwolinski and Fleischer provide a clear and comprehensive introduction to universal basic income in all its forms, including stakeholder grants, the earned income tax credit, and the child tax credit. As UBI spreads across the United States and the world, this new work is essential reading. * Anne Alstott, Yale Law School *A complete, thorough, and practical breakdown of UBI. Whether you're a supporter or a skeptic, Zwolinski and Fleischer's work is a must-read. * Andrew Yang, Entrepreneur and Former 2020 Presidential Candidate *This book provides a balanced, comprehensive exploration of Universal Basic Income, deftly tackling its many facets in an approachable manner. Without getting mired in excessive detail, it covers many frequently asked questions, serving as an essential primer for anyone wanting to participate in this crucial policy discussion. An accessible, bipartisan guide, it is an ideal starting point for better understanding this transformative idea that I personally believe is the most important policy discussion of all to be having this century. * Scott Santens, Senior Advisor for Humanity Forward *Universal Basic Income provides a fair and balanced explanation of an important topic...it would be good for our society. * Religion & Liberty *The book is quite simply a tour de force. It's clear, concise, and can easily be digested by anyone sufficiently curious: no academic background in economics, social science, or politics required. * David J. Herbert, Religion & Liberty Online *

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Book SynopsisIn this Very Short Introduction James Fulcher considers what capitalism is, the forms it can take around the world, and its history of crises and long-term development. In this new edition he discusses the fundamental impact of the global financial crises of 2007-8 and what it has meant for capitalism worldwide.Table of Contents1. What is capitalism? ; 2. Where did it come from? ; 3. How did we get here? ; 4. Is capitalism the same everywhere? ; 5. Has capitalism gone global? ; 6. Crisis? What crisis? ; References ; Further reading ; Index

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Book SynopsisThe Invisible Hand? offers a radical departure from the conventional wisdom of economists and economic historians, by showing that ''factor markets'' and the economies dominated by them -- the market economies -- are not modern, but have existed at various times in the past. They rise, stagnate, and decline; and consist of very different combinations of institutions embedded in very different societies. These market economies create flexibility and high mobility in the exchange of land, labour, and capital, and initially they generate economic growth, although they also build on existing social structures, as well as existing exchange and allocation systems. The dynamism that results from the rise of factor markets leads to the rise of new market elites who accumulate land and capital, and use wage labour extensively to make their wealth profitable. In the long term, this creates social polarization and a decline of average welfare. As these new elites gradually translate their economiTrade ReviewBas Van Bavel has given both public policy and comparative institutional history a great boost by asking big questions about where we are in the history of economic development, looking at contemporary quandaries through the lens of long-term historical patterns. * Hilton L. Root, Independent Review *Starting from a sharp focus on fundamental problems -- the long-term effects of society on market economies, the management of catastrophes -- Bas van Bavel tests existing theories and clearly formulates his innovative insights. * Wim Blockmans, Emeritus professor of medieval history, Leiden University *Bavel is excellent in providing numerical estimates... It is not only the plausibility of the mechanism of decline that gives strength to Bavel's thesis; it is also that he lists the manifestation of the decline * Branko Milanovic, globalinequality *A brief review...cannot do justice to wealth of material in this important new book, other than by noting that anyone interested in these issues should not miss it. * Gene Callahan, Cardiff University, History: Reviews of New Books *This a beautifully written book, easy to read, which makes it adequate for a wide audience. Above all, it is an original and intellectually challenging piece of scholarly work that breaks new historical grounds. Van Bavel is one of the few scholars alive who is equally an expert on history, economics, politics. This characteristic enables him a truly subtle analysis of texts and ideas. I want to make clear at the outset that economists and economic historians neglect this book at their peril, since it represents a methodological challenge to research as usual ... this book is going to be a vital contribution to the advancement of economic discourse as well as a crucial intervention in current political debate. * Stefano Zamagni, Journal of Economics *Van Bavel's deep expertise in the subject matter weaves an intricate web of connections of cultural, economic, and social aspects across time and space, and seamlessly draws the reader into a wonderful account * Mauricio Drelichman, Journal of Economic Literature *any social scientist interested in "big think" questions will benefit greatly from reading The Invisible Hand? While it presents only a piece of the "great divergence" puzzle, it is an understudied piece that is an important complement to existing theories based on institutions, culture, and governance. * Jared Rubin, EH.net *Table of Contents1: Introduction: Markets in economics and history 2: Markets in an early medieval empire: Iraq, 500-1100 3: Markets in medieval city-states: the centre-north of Italy, 1000-1500 4: Markets in late medieval / early modern principalities: the Low Countries, 1100-1800 5: Epilogue: Markets in modern states: England, the United States and Western Europe, 1500-2000 6: Conclusion: The fundamental incompatibility of market economies with long-run prosperity Bibliography

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Book SynopsisWhat are the most fundamental differences among the political economies of the developed world? How do national institutional differences condition economic performance, public policy, and social well-being? Will they survive the pressures for convergence generated by globalization and technological change? These have long been central questions in comparative political economy. This book provides a new and coherent set of answers to them. Building on the new economics of organization, the authors develop an important new theory about which differences among national political economies are most significant for economic policy and performance. Drawing on a distinction between ''liberal'' and ''coordinated'' market economies, they argue that there is more than one path to economic success. Nations need not converge to a single Anglo-American model. They develop a new theory of ''comparative institutional advantage'' that transforms our understanding of international trade, offers new exTrade Review... this volume and its associated literature, will become the paradigm of explanation for the next decade. * West European Politics *Contains some first-rate analysis. * British Journal of International Relations. *This volume offers a new approach to understanding the institutional differences and similarities among the developed economies. * Progress in Human Geography *A milestone in the development of the subdiscipline of comparative political economy ... There is no doubt that Varieties of Capitalism will prove to be a landmark text. It is a very important collection, of value to all students in the field. * American Political Science Review *In a collection of consistently high-quality pieces, there are particularly valuable comparative chapters on industrial relations, training systems, and corporate governance. * American Political Science Review *Written for the informed, non-specialist observer ... a useful and wide-ranging book. * Financial Adviser *This is an academic book in the sense that it draws on recent advances in economic and political theory - non-economists may find some chapters hard going - but it is also firmly based on an analysis of how companies really behave ... an important and carefully argued book. * Sir Geoffrey Owen, Financial Times *Quoted as one of the six books to change the world. * New Statesman *It is a useful and wide-ranging book. * John Sloan, Financial Adviser Careers Extra *This book has been well worth waiting for. It demonstrates the wealth of insights that could be achieved through Soskice's innovative research program that began to change the agenda of Comparative POlitical Economy more than a decade ago. The volume combines a definitive restatement of the varieties of capitalism approach with illuminative applications to the range of research areas covered by it with some fascinating theoretical extensions. Excellent! * Professor F.W. Scharpf, Max Planck Institute for the Study of Societies, Cologne *Table of ContentsPART I: GENERAL THEMES AND DIVERSE APPLICATIONS; PART II: CASE-STUDIES IN PUBLIC POLICY, CONTINUITY, AND CHANGE; PART III: CORPORATE GOVERNANCE, FIRM STRATEGY, AND THE LAW

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Book SynopsisThis book shows how a system of private banks without a central bank can bring about financial stability through self-regulation. If one bank stretches credit too far, it will be reined in by the others before the system as a whole gets out of control.

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Book Synopsis“Magisterial history... one of the most comprehensive histories of modern capitalism yet written.”—Michael Hirsh, The New York Times Book ReviewTrade Review"...even-handed and objective." -- The Washington Post"Broad and ambitious in its sweep... One lesson with enormous contemporary resonance emerges: globalization is neither inevitable nor irreversible. Governments can choose to retreat into isolation and have often done so." -- Alan Beattie - FT Magazine"Essential reading for anyone who wants to understand the history of globalization from 1870 to the present." -- John Bruton - Irish Independent

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Book SynopsisIn this enormously influential book, Jurgen Habermas examines the deep tensions and crisis tendencies which underlie the development of contemporary Western societies and develops a powerful analysis of the legitimation problems faced by modern states.Table of ContentsTranslator's Introduction. Preface. Part I: A Social - Scientific Concept of Crisis:. 1. System and Life = World. 2. Some Constituents of Social Systems. 3. Illustration of Social Principles of Organization. 4. System Crisis Elucidated Through the Example of the. Liberal-Capitalist Crisis Cycle. Part II: Crisis Tendencies in Advanced Capitalism:. 1. A Descriptive Model of Advanced Capitalism. 2. Problems Resulting from Advanced - Capitalist Growth. 3. A Classification of Possible Crisis Tendencies. 4. Theorems of Economic Crisis. 5. Theorems of Rationality Crisis. 6. Theorems of Legitimation Crisis. 7. Theorems of Motivation Crisis. 8. A Backward Glance. Part III: On the Logic of Legitimation Problems:. 1. Max Weber's Concept of Legitimation. 2. The Relation of Practical Questions to Truth. 3. The Model of the Suppression of Generalizable Interests. 4. The End of the Individual?. 5. Complexity and Democracy. 6. Partiality for Reason. Notes. Index.

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Book SynopsisWe live in a time of transition, argues Yann Moulier Boutang. But the irony is that this is not a transition to a new type of society called socialism , as many on the Left had assumed; rather, it is a transition to a new type of capitalism. Socialism has been left behind by a new revolution in our midst.Trade Review"The most systematic and comprehensive account of the economic position developed by the autonomist school of thought."Political Studies Review"Valuable for the way it prompts readers into asking uneasy questions about the nature of the economic system we live in."LSE Politics Blog"What drives contemporary capitalism? Moulier Boutang provides a convincing answer in his account of the rise of a turbocharged complex of practices which he calls cognitive capitalism which is intent on calling the collective intelligence provided by brainpower and computing power to its cause. A theoretical must for anyone who wants to understand the modern world."Nigel Thrift, University of Warwick "Yann Moulier Boutang presents a bold analysis of the ongoing 'great transformation' of capitalism. Writing from the perspective of the socialization of labor, he offers a systematic examination of the dense, complex, and contradictory relation between emergent modes of capitalist control and appropriation and collective cognitive labor-power expressed through new information and communication technologies. This new terrain of confrontation conceptually and practically subverts our received understandings of labor, property, and value. Relations between material and non-material, mental and manual, economic and social, individual and society are recast in unprecedented ways that transform the conditions and possibilities of social life. Cognitive Capitalism is essential reading."Dale Tomich, Binghamton University "This book counters the risk society's negative externalities with the possibility of positive externalities of information. This is cognitive capitalism's new, networked public space, an informational commons. In the terminal crisis of neoliberalism, Moulier Boutang gives us a new critical political economy - and a media theory - of hope."Scott Lash, Goldsmiths, University of LondonTable of ContentsPreface to the English editionIntroduction Chapter I The New Frontiers of Political Economy Chapter II What cognitive capitalism is not Chapter IIIWhat is cognitive capitalism?Chapter IV New capitalism, new contradictions Chapter VThe question of social classes and the composition of cognitive capitalismChapter VI Macroeconomic dynamics: going beyond the critique of neoliberalism and financialisationChapter VII Envoi: A Manifesto for the Pollen SocietyChapter VIII Does the financial crisis sound the knell of a capitalism cognitive that is stillborn?

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Book SynopsisEnter the world of Steve Jobs -- disrupter, icon, hero -- and be inspired by his fascinating life presented here as a graphic novel.This fast-paced and entertaining biography is a perfect complement to text-heavy books on Steve Jobs like Walter Isaacson's biography. Steve Jobs is the subject of a major movie project this Autumn, and this graphic telling of his life-story presents him as the ultimate American entrepreneur, who brought us Apple Computer, Pixar, Macs, iPods, iPhones and more. It''s a unique and stylish book, sure to appeal to the legions of readers who live and breathe the perfect blend of technology and design that Jobs created.Jobs's remarkable life reads like a history of the personal technology industry. He started Apple Computer in his parents' garage and eventually became the tastemaker of a generation, creating products we can't live without. Through it all, he was an overbearing and demanding perfectionist, both impossible and inspiring.

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Book SynopsisRethink climate, resilience, and sustainability for your organization In Future Ready: Your Organization's Guide to Rethinking Climate, Resilience, and Sustainability, a team of business leaders with deep expertise in engineering, planning, finance, project, program implementation and advisory consulting perspective delivers an essential guide for executives, managers, and other business and infrastructure organization leaders to set and implement a resilience, sustainability and ESG strategy in complex project and operating environments. Through practical examples and proven insights, readers will learn to proactively engage with stakeholders, successfully plan, implement, and measure the impacts of their initiatives, and effectively communicate the results. In the book, the authors draw on hundreds of completed projects across a full range of client organizations, markets, sectors, and scales to equip readers with unprecedented insights and the behind-the-sceneTable of ContentsForeword xiii Introduction: Superstorm Sandy 1 Chapter 1: Rethink Everything 7 Part I: Touring a Dynamic World 31 Chapter 2: On the Street 33 Chapter 3: On the Move 65 Chapter 4: Below the Surface 105 Chapter 5: In the Big Apple 129 Part II: How to Design and Implement Your Organization’s Sustainability Journey 153 Chapter 6: Define, Measure, and Set Targets 157 Chapter 7: Tools and Technologies 171 Chapter 8: Reporting Risk and Assessing Vulnerability 183 Chapter 9: Building Support Inside and Out 203 Chapter 10: Nature- Based Solutions from Coast to Coast 213 Conclusion: The Right Future, the Right Way 233 Epilogue: When You Rethink Everything, Finance Will Flow 239 Afterword: Ready, Steady, Breath…Go! 249 Afterword: Why There’s No I in Team—or CRS 251 Acknowledgments 255 About the Authors 259 Glossary 261 Index 269

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Book SynopsisWhat can prosperity possibly mean in a world of environmental and social limits?The publication of Prosperity without Growth was a landmark in the sustainability debate. Tim Jackson's piercing challenge to conventional economics openly questioned the most highly prized goal of politicians and economists alike: the continued pursuit of exponential economic growth. Its findings provoked controversy, inspired debate and led to a new wave of research building on its arguments and conclusions.This substantially revised and re-written edition updates those arguments and considerably expands upon them. Jackson demonstrates that building a post-growth' economy is a precise, definable and meaningful task. Starting from clear first principles, he sets out the dimensions of that task: the nature of enterprise; the quality of our working lives; the structure of investment; and the role of the money supply. He shows how the economy of tomorrow Trade Review‘It is hard to improve a classic, but Jackson has done it… a clearly written yet scholarly union of moral vision with solid economics.’ — Herman Daly, University of Maryland, USA‘I remember exactly where I was when I first read Prosperity Without Growth. It cut through the intellectual clamour with clarity, courage — and hope.’ — Naomi Klein, Author of This Changes Everything: Capitalism vs. The Climate‘An excellent critical review of mainstream academic thoughts on poverty in the contemporary global system; a convincing illustration of the shortcomings of these thoughts on the case of Canada’ — Samir Amin, Professor of Political Economy, Director of Third World Forum and Chair of World Forum For Alternatives, Egypt‘With much of the world in turmoil, calling for higher economic growth is every politician’s comfort blanket of choice. But Tim Jackson compellingly urges those politicians to give up their comfort blanket, to re-think our continuing dependence on economic growth, and to start preparing – urgently – for a world where such growth is no longer viable as its environmental cost massively exceeds its benefits. Prosperity Without Growth remains the single most important book addressing this most critical of contemporary challenges.’ — Jonathon Porritt, Founder Director of Forum for the Future, UK. ‘Tim Jackson's Prosperity without Growth systematises and renders tangible an essential project few believed to be practical: recovering the dream of shared prosperity and human development through decoupling it from the bandwagon of growth. Essential reading for those refusing to succumb to a dystopic future.’ — Yanis Varoufakis, DiEM25 co-founder and Professor of Economics, University of Athens, Greece. ‘Tim Jackson has brought his ground-breaking book bang up to date and substantially deepened its arguments. This extensively revised edition sets out more clearly than ever the dimensions of a new and different economics – working for people, planet and prosperity. There isn’t a better exposition out there of why and how we need to move beyond growth.’ — Caroline Lucas, MP for Brighton, Pavilion and a member of the Green Party, UK. 'One of the most important essays of our generation: both visionary and realistic, rooted in careful research and setting out difficult but achievable goals, it gives what we so badly need - an alternative to passivity, short-term selfishness and cynicism.' — Dr Rowan Williams, The Master of Magdalene College, Cambridge University and was the 104th Archbishop of Canterbury, UK. ‘This challenge to the prevailing growth-based economic paradigm confronts an inescapable dilemma: how to reconcile "our aspirations for the good life with the limitations and constraints of a finite planet." Its thoughtful and penetrating critique is enriched by an outline of credible programs to achieve this end. A very valuable contribution to urgent concerns that cannot be ignored.’ — Noam Chomsky, Institute Professor & Professor of Linguistics, MIT, USA. ‘Tim Jackson spearheads the obvious truth that GDP growth is not necessary in order to achieve higher well-being in the rich world. Government intervention can produce the desired result, namely full employment, less inequity and reduced greenhouse gas emissions.’ — Jorgen Randers, author of "2052 – A Global Forecast for the Next Forty Years"(2012) and co-author of "One Percent is Enough. Managing economic growth to reduce unemployment, inequity and greenhouse gas emissions." (2016)"Tim Jackson’s revised second edition of his Prosperity without Growth continues to provide a stimulating and accessible account of the issues facing the planet, an assessment of how we’re dealing with the problems, and the kinds of solutions that are necessary for us to be able to continue to live and thrive here." --Jonathan Warner, Quest University, CanadaTable of ContentsForeword to the first edition Prologue to the second edition1 The Limits to Growth 2 Prosperity Lost 3 Redefining Prosperity 4 The Dilemma of Growth 5 The Myth of Decoupling 6 The ‘Iron Cage’ of Consumerism 7 Flourishing – Within Limits 8 Foundations for the Economy of Tomorrow 9 Towards a ‘Post-growth’ Macroeconomics 10 The Progressive State11 A Lasting Prosperity

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