Political Capitalism

In this updated edition of The Return of Depression Economics, Krugman shows how the failure of regulation to keep pace with an increasingly out-of-control financial system set the United States, and the world as a whole, up for the greatest financial crisis since the 1930s. He also lays out the steps that must be taken to contain the crisis, and turn around a world economy sliding into a deep recession.

Tired of the endless name-calling during political campaigns—and in between, too? Words have meanings, and insults don’t help us understand what socialism or capitalism mean, or how democracy affects both. The mission of Socialism, Capitalism and Democracy is to provide clarity on each philosophy, by providing examples of how each affects our economy and individual lives. Topics include property, profits, optimism (versus pessimism), self- and selfish-interest, economic voting, complexity, and more.

With The Firm, financial journalist Duff McDonald pulled back the curtain on consulting giant McKinsey & Company. In The Golden Passport, he reveals the inner workings of a singular nexus of power, ambition, and influence: Harvard Business School. Harvard University occupies a unique place in the public's imagination, but HBS has arguably eclipsed its parent in terms of its influence on modern society.

Ayn Rand’s complicated notoriety as popular writer, leader of a political and philosophical cult, reviled intellectual, and ostentatious public figure endured beyond her death in 1982. In the 21st century, she has been resurrected as a serious reference point for mainstream figures, especially those on the political right, from Paul Ryan to Donald Trump. Mean Girl follows Rand’s trail through the 20th century from the Russian Revolution to the Cold War and traces her posthumous appeal and the influence of her novels via her cruel, surly, sexy heroes.

In this brilliant book, Francis Wheen, the author of the most successful biography of Karl Marx, tells the story of Das Kapital and Marx's 20-year struggle to complete his unfinished masterpiece. Born in a two-room flat in London's Soho amid political squabbles and personal tragedy, the first volume of Das Kapital was published in 1867 to muted praise. But after Marx's death, the book went on to influence thinkers, writers, and revolutionaries.

Critics of contemporary economics complain that belief in free markets - among economists as well as many ordinary citizens - is a form of religion. And, it turns out, that in a deeper, more historically grounded sense there is something to that idea. Contrary to the conventional historical view of economics as an entirely secular product of the Enlightenment, Benjamin M. Friedman demonstrates that religion exerted a powerful influence from the outset.

After years of ill health, capitalism is now in a critical condition. Growth has given way to stagnation; inequality is leading to instability; and confidence in the money economy has all but evaporated. In How Will Capitalism End?, the acclaimed analyst of contemporary politics and economics Wolfgang Streeck argues the world is about to change.

David Stockman, the New York Times and Wall Street Journal bestselling author of The Great Deformation, dissects Trump’s economic policies and exposes him as the failed businessman that he is—not a conservative and definitely not a Republican. The border wall, the tariff war with China, and Trump’s disastrous response to COVID-19 were all remarkably misguided failures of policy that hurt American prosperity. Even his claims of job creation fell flat too—Trump’s tenure was the only presidential term in which private payrolls in the US economy actually shrank—well, at least since Herbert Hoover!

Lew Rockwell, in this new volume, examines the starkly contrasting systems of capitalism and fascism, noting profascist trends in recent decades as well as the larger historical trends in the United States and internationally. Combining economics, history, and political philosophy, this book doesn't just provide a diagnosis of what ails American and Western society, but also sheds light on how we might repair the damage that has been done.

The word capitalism is one that is heard and used frequently, but what is capitalism really all about, and what does it mean? This Very Short Introduction audiobook addresses questions such as, "what is capital?" before discussing the history and development of capitalism through several detailed case studies, ranging from the tulipomania of 17th-century Holland, the Great Depression of the 1930s, and, in this new edition, the impact of the global financial crisis that started in 2007-08.

From the best-selling author of What's the Matter with Kansas?, a wonderfully insightful and sardonic look at how the worst economy since the 1930s has brought about the revival of conservatism. Economic catastrophe usually brings social protest and demands for change - or at least it's supposed to. But when Thomas Frank set out in 2009 to look for expressions of American discontent, all he could find were loud demands that the economic system be made even harsher on the recession's victims....

What exactly is capitalism? How has the meaning of capitalism changed over time? And what's at stake in our understanding or misunderstanding of it? In Capitalism, Michael Sonenscher examines the history behind the concept and pieces together the range of subjects bound up with the word. Sonenscher shows that many of our received ideas fail to pick up the work that the idea of capitalism is doing for us, without us even realizing it.

When gun control legislation emerged in the 1960s, many Americans, accustomed to the unregulated postwar bounty of cheap guns and fearful of Soviet invasion, domestic subversion, and urban uprisings, fiercely challenged it. Meanwhile, gun control groups were diverted from their abolitionist roots toward a conciliatory, fundraising-focused strategy that struggled to limit the stockpiling of firearms. Gun Country recasts the story of guns in postwar America as one of Cold War and racial anxieties, unfettered capitalism, and exceptional violence that continues to haunt us.

From an internationally acclaimed economist, a provocative call to jump-start economic growth by aggressively overhauling liberal democracy. Around the world, people who are angry at stagnant wages and growing inequality have rebelled against established governments and turned to political extremes. Liberal democracy, history's greatest engine of growth, now struggles to overcome unprecedented economic headwinds - from aging populations to scarce resources to unsustainable debt burdens.

The goal of playing the great game of business has always been to find a way to teach the have-nots how the haves make it. It’s about creating and distributing wealth equitably as a way to close those gaps in wealth that plague our society. It’s about changing the game. We authored Change the Game for those of you who continue to seek a brighter side of capitalism - one that truly transforms lives for the better. This book is about hope: No matter how grim things look, you can make them better.

America has a huge problem. It faces four major challenges, on which its future depends, and it is failing to meet them. In That Used to Be Us, Thomas L. Friedman, one of our most influential columnists, and Michael Mandelbaum, one of our leading foreign policy thinkers, analyze those challenges - globalization, the revolution in information technology, the nation's chronic deficits, and its pattern of energy consumption - and spell out what we need to do now to rediscover America and rise to this moment.

"The Soul of Man under Socialism" is an 1891 essay by Oscar Wilde, following his conversion to anarchist philosophy after having read the works of the philosopher Peter Kropotkin. Propounding a libertarian socialist worldview, Wilde argues that - under capitalism - most people are forced to spoil their lives through an unhealthy altruism trying to solve the social problems caused by capitalism, instead of developing their true talents. He did not object to altruism per se, but was concerned about its misapplication in a way that does not address the root of the problem.

We see it everywhere: shady zoning regulations in a small town; taxpayer money diverted into political campaigns; deals that enrich the few at the expense of the many; billion-dollar bailouts; and much more. When private interests need a political favor, they know whom to call. When politicians need money, they also know whom to call. The people involved try to keep most of it concealed behind closed doors. This is the system that prevails in Russia after the fall of Communism. But increasingly it is America's system as well.

This essay explores the political theory of Ayn Rand, a topic that catapulted to the national stage during the last presidential election following the nomination of Rep. Paul Ryan (a self-described enthusiast of Rand's ideas and novels) to the Romney ticket. Ayn Rand's ideas continue to generate public debate in political and cultural circles, but those ideas are frequently misunderstood and misrepresented. This book provides a succinct summary of key aspects of her thought, enabling you to intelligently discuss Rand's ideas with others.

This is volume two—what Henry George called "the Solution to the Problem". This landmark treatise by the great economist Henry George was first published in 1879. George's work became the seminal analysis of the political economy which inspired most, if not all, the prominent thinkers of the Progressive Movement and many others of great influence: Upton Sinclair, John Dewey, George Bernard Shaw, Friedrich Hayek, H. G. Wells, Clarence Darrow, and Leo Tolstoy, to name but a few. His analyses and proposals are referred to as "Georgism".