Friday, March 31, 2023

FOUR new books in 2023! Summarized.

  Save your money and time by reading these brief ‘self-evident’ summaries.

 1. The Crisis of Democratic Capitalism, By Martin Wolf   Penguin Press  02/07/2023 496 pages  $30.00

Publisher summary: From the chief economics commentator of the Financial Times, Martin Wolf, The Crisis of Democratic Capitalism is a reckoning with how and why the marriage between democracy and capitalism is coming undone, and what can be done to reverse this terrifying dynamic. “A bracing indictment of democratic capitalism and an inspiring defense of it. . . . A necessary book—and a guide—for our times.” —Daniel Ziblatt, professor, Harvard University, and co-author of How Democracies Die

cw review:  The fundamental cause of this “Crisis” is simple.  Both democracy and capitalism are inherently flawed systems.  The majority vote systems can rarely be relied on for creating and sustaining a functional government and laws that maximize everyone's freedom and security.  Thomas Paine's pamphlet Common Sense pamphlet summarized this sustainable goal and its two values as the only legitimate purpose of government.  A government that abides by fundamental principles inherent in "the Laws of Nature and Nature's God" humanity had been advised of within the first paragraph of the Declaration of Independence.  And capitalism is an economic system that if left unregulated by any government will result in an unsustainable accumulation of capital and the multiple destructive and lethal consequences on the environment and human rights.

2.  The Great Experiment: Why Diverse Democracies Fall Apart and How They Can Endure, By Yascha Mounk             Penguin Books  368 pages  $18.00 

Publisher summary: From one of our sharpest and most important political thinkers, a brilliant big-picture vision of the greatest challenge of our time—how to bridge the bitter divides within diverse democracies enough for them to remain stable and functional.   “A rare thing: [an] academic treatise . . . that may actually have influence in the arena of practical politics. . . . Passionate and personal.” —Joe Klein, New York Times Book Review

cw review:  “Why” is easy.  Solutions exist in two simple concepts.  1) Ensure that all policies passed by diverse democracies are based on objective truths no subjective personal, religious, political, or economic truths that are based on creative and imaginary human ideas and not hard evidence.  2) Ensure that all democracies and those voting in elections understand the fundamental principle that “Everything is connected, everything is interdependent, so everything is vulnerable... And that’s why this has to be ... a global effort....” Jen Easterly. CISA director.  Oct. 29, 2021. [Cyber and Infrastructure Security Agency, the newest US federal agency established by the Trump Administration in 2018]. And that “everything is interdependent” means “NOTHING is independent”.  And it’s delusional to base any global governance system on that illusion which will inevitably be doomed to accelerating chaos of “Everything Everywhere All at once”.  

 

3. The Big Con: How the Consulting Industry Weakens Our Businesses, Infantilizes Our Governments, and Warps Our Economies.   By Mariana Mazzucato and Rosie Collington     Penguin Press   03/07/2023  352 pages $30.00

Publisher summary: There is an entrenched relationship between the consulting industry and the way business and government are managed today that must change. In The Big Con, Mazzucato and Collington investigate important case studies such as the debacle of the rollout of HealthCare.gov and the tragic failures of governments to respond adequately to the COVID-19 pandemic. With scholarship and original research, they argue brilliantly for building a new system in which the public and private sectors work innovatively for the common good.

cw review:  The consulting industry is about making money.   Those using consultants who are good at it usually get hired by those who have enough to pay them.  And enough to pay the lobbyists they will hire to do what the consultants suggest.  Consultants help increase profits.  Rarely do they suggest making the protection of human rights and the environment a company's highest priority.  

 

4The Journey of Humanity:  A New History of Wealth and Inequality with Implications for Our Future   By Oded Galor      Dutton   03/21/2023          304 pages   |   $18.00   

Publisher summary:   In a captivating journey from the dawn of human existence to the present, world-renowned economist and thinker Oded Galor offers an intriguing solution to two of humanity’s great mysteries. Why are humans the only species to have escaped—only very recently—the subsistence trap, allowing us to enjoy a standard of living that vastly exceeds all others? And why have we progressed so unequally around the world, resulting in the great disparities between nations that exist today?

cw review:  After the extinction of the dinosaurs, mammals evolved into primates, and eventually the human mind’s evolution as a problem-solving tool, opposing thumb’s digital dexterity, and upright posture enabled our species to dominate most others.  The mind’s creative powers led to ideas and cultures that enabled the powerful to be more powerful.  And it will be the failure of our human mind to grasp the fundamental principle that power is not about strength.  It’s about adapting to change.  And without justice, those with power who fail to adapt to this fundamental challenge of ‘liberty and justice for all’ are bound for failure and possible extinction.   

No comments:

Post a Comment