Talking to My Daughter About the Economy

In Adults in the Room, Yanis Varoufakis exposes the shocking reality of how power is wielded behind the scenes at the EU - and argues that only radical reform can save it from collapse. Yanis Varoufakis became globally famous when was elected finance minister of Greece with a specific mandate to say no to the EU: to reject the forced loans and crushing austerity forced upon his country by the Eurozone.

In 2008, the universe of Western finance outgrew planet Earth. When Wall Street imploded, a death embrace between insolvent banks and bankrupt states consumed Europe. Half a dozen national economies imploded, and several more came close. But the storm is far from over.... From the aftermath of the Second World War to the present, Varoufakis recounts how the eurozone emerged not as a route to shared prosperity but as a pyramid scheme of debt.

Economics is broken. It has failed to predict, let alone prevent, financial crises that have shaken the foundations of our societies. Its outdated theories have permitted a world in which extreme poverty persists while the wealth of the super-rich grows year on year. And its blind spots have led to policies that are degrading the living world on a scale that threatens all of our futures. Can it be fixed?

In June 2017, an earthquake shook the very foundations of British politics. With Labour widely predicted to suffer a crushing defeat in the general election, Jeremy Corbyn instead achieved a stunning upset - a hung parliament, the humiliation of Theresa May's government, and more than 40 percent of the vote. A lifelong and uncompromising socialist, Corbyn had, against all expectations, been dramatically elected leader of the party in September 2015. How these events came about is the subject of Alex Nunns' highly listenable and richly researched account.

In this combative, controversial book, Terry Eagleton takes issue with the prejudice that Marxism is dead and done with. Taking 10 of the most common objections to Marxism - that it leads to political tyranny, that it reduces everything to the economic, that it is a form of historical determinism, and so on - he demonstrates in each case what a woeful travesty of Marx's own thought these assumptions are.

What is it that helps both scorpions and cyclists to survive? What do raw eggs and gyroscopes have in common? And why does it matter? In an age of string theory, fluid dynamics and biophysics, it can seem as if the science of our world is for only specialists and academics. Not so, insists Helen Czerski - and in this sparkling new audiobook she explores the patterns and connections that illustrate the grandest theories in the smallest everyday objects and experiences.

Politicians are consistently voted the least trusted professional group by the UK public. They've recently become embroiled in scandals concerning sexual harassment and expenses. Every year, they introduce new legislation that doesn't do what it sets out to achieve - often with terrible financial and human costs. But, with some notable exceptions, they are decent, hardworking people doing a hugely difficult and demanding job. In this searching examination of our political class, award-winning journalist Isabel Hardman tries to square this circle.

A toxic ideology rules the world of extreme competition and individualism. It misrepresents human nature, destroying hope and common purpose. Only a positive vision can replace it, a new story that re-engages people in politics and lights a path to a better world. George Monbiot shows how new findings in psychology, neuroscience and evolutionary biology cast human nature in a radically different light: as the supreme altruists and cooperators.

From 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 has reached its limits.

Behind our democracy lurks a powerful but unaccountable network of people who wield massive power and reap huge profits in the process. In exposing this shadowy and complex system that dominates our lives, Owen Jones sets out on a journey into the heart of our Establishment, from the lobbies of Westminster to the newsrooms, boardrooms, and trading rooms of Fleet Street and the City.

First published in 1936, Keynes’ ideas had evolved during the difficulties following World War 1 in Europe, and the US crash and the Depression of the 1920s-'30s and the misery of mass unemployment. He deplored the situation where a few individuals or companies stored massive wealth while vast numbers experienced poverty and insecurity (his alarm bells ring today!) and sought to promote initiatives where governments could intervene with social projects to keep money fluctuating.  

Sapiens showed us where we came from. Homo Deus looked to the future. 21 Lessons for the 21st Century explores the present. How can we protect ourselves from nuclear war, ecological cataclysms and technological disruptions? What can we do about the epidemic of fake news or the threat of terrorism? What should we teach our children? Yuval Noah Harari takes us on a thrilling journey through today’s most urgent issues.

Trump, as extreme as he is, is less an aberration than a logical conclusion - a pastiche of pretty much all the worst and most dangerous trends of the past half century. A one-man megabrand, with wife and children as spin-off brands.... Remember when it all seemed to be getting better? Before Trump happened? Naomi Klein, internationally acclaimed journalist, activist and best-selling author, shows us how we got to this surreal and dangerous place, how to stop it getting a lot worse, and how, if we keep our heads, we can make things better.

We live in a time of unprecedented upheaval, when technology and so-called progress have made us richer but more uncertain than ever before. We have questions about the future, society, work, happiness, family and money, and yet no political party of the right or left is providing us with answers. So, too, does the time seem to be coming to an end when we looked to economists to help us define the qualities necessary to create a successful society. We need a new movement.

What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In Capital in the Twenty-First Century, Thomas Piketty analyzes a unique collection of data from 20 countries, ranging as far back as the 18th century, to uncover key economic and social patterns.