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.

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.

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 Its outdated theories have permitted a world in which extreme poverty persists while the wealth of the super-rich grows year on year.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.

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.

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.

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.  

 No Logo employs journalistic savvy and personal testament to detail the insidious practices and far-reaching effects of corporate marketing - and the powerful potential of a growing activist sect that will surely alter the course of the 21st century. This is an infuriating, inspiring, and altogether pioneering work of cultural criticism that investigates money, marketing and the anticorporate movement. 

Governments today in both Europe and the United States have succeeded in casting government spending as reckless wastefulness that has made the economy worse. In contrast, they have advanced a policy of draconian budget cuts - austerity - to solve the financial crisis. We are told that we have all lived beyond our means and now need to tighten our belts. This view conveniently forgets where all that debt came from. Not from an orgy of government spending, but as the direct result of bailing out, recapitalizing, and adding liquidity to the broken banking system.

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.

In How to Be Right, James provides a hilarious and invigorating guide to talking to people with faulty opinions. With chapters on every lightning-rod issue, James shows how people have been fooled into thinking the way they do and in each case outlines the key questions to ask to reveal fallacies, inconsistencies and double standards. If you ever get cornered by ardent Brexiteers, Daily Mail disciples or little England patriots, this book is your conversation survival guide.

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.

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.

What is fascism? By focusing on the concrete, what the fascists did rather than what they said, the esteemed historian Robert O. Paxton answers this question for the first time. From the first violent uniformed bands beating up "enemies of the state", through Mussolini's rise to power, to Germany's fascist radicalization in World War II, Paxton shows clearly why fascists came to power in some countries and not others.