I have been reading, researching, and writing on the limitations of market capitalism and the unique and important role of government in meeting public needs for almost 30 years. I have come to firmly believe that we can’t – as a nation and planet – solve our most pressing problems without rebuilding trust in government and the capacity and authority of governing institutions. We can’t eliminate poverty, eradicate structural racism, protect our environment and the planet without democratic institutions that have the power to do so. We need markets, but transferring too much power to the market has created many of the problems we face today.
I wrote...
The Privatization of Everything: How the Plunder of Public Goods Transformed America and How We Can Fight Back
A sweeping exposé of the ways in which private interests strip public goods of their power and diminish democracy, The Privatization of Everything has elicited a wide spectrum of praise: Kirkus Reviews hailed it as “a strong, economics-based argument for restoring the boundaries between public goods and private gains,” Literary Hub called it “a far-reaching, comprehensible, and necessary book,” and Publishers Weekly dubbed it a “persuasive takedown of the idea that the private sector knows best.”
From Diane Ravitch (“an important new book about the dangers of privatization”) to Heather McGhee (“a well-researched call to action”), the rave reviews mirror the expansive nature of the book itself, covering the impact of privatization on every aspect of our lives, from water and trash collection to the justice system and the military.
This book had an enormous impact on my understanding about the long road economic conservatives and corporations took to establish the dominance of neoclassical and neoliberal economic approaches in the U.S.
It tells a detailed story about a small group of American businessmen who ultimately succeeded in building a political movement that transformed the country. It describes what they were heading for and the ways they went about it.
In the wake of the profound economic crisis known as the Great Depression, a group of high-powered individuals joined forces to campaign against the New Deal-not just its practical policies but the foundations of its economic philosophy. The titans of the National Association of Manufacturers and the chemicals giant DuPont, together with little-known men like W. C. Mullendore, Leonard Read, and Jasper Crane, championed European thinkers Friedrich von Hayek and Ludwig von Mises and their fears of the "nanny state." Through fervent activism, fundraising, and institution-building, these men sought to educate and organize their peers as a political force to…
This is a deep investigative dive into the methods and practices global food corporations use to get us to buy and eat more – regardless of the health impacts on ourselves, families, and communities.
It describes how companies use sophisticated neuroscience to stimulate overconsumption, create cravings, and ultimately distort eating habits. It gave me great insight into how our individual market choices are not simply a response to personal needs but are deeply manipulated by the science and practice of corporate marketing.
In China, for the first time, the people who weigh too much now outnumber those who weigh too little. In Mexico, the obesity rate has tripled in the past three decades. In the UK over 60 per cent of adults and 30 per cent of children are overweight, while the United States remains the most obese country in the world.
We are hooked on salt, sugar and fat. These three simple ingredients are used by the major food companies to achieve the greatest allure for the lowest possible cost. Here, Pulitzer Prize-winning investigative reporter…
Although published several years ago, this book is a timely investigation about the power of big tech on so many aspects of our lives.
The book focuses to a great extent on the impacts on the music, book, and newspaper industries that have been significantly disrupted by the tech industry. But it also alerts to the larger implications, especially as tech becomes increasingly dominant in our economy, democracy, and lives.
LONGLISTED FOR THE FT & MCKINSEY BUSINESS BOOK OF THE YEAR AWARD
Google. Amazon. Facebook. The modern world is defined by vast digital monopolies turning ever-larger profits. Those of us who consume the content that feeds them are farmed for the purposes of being sold ever more products and advertising. Those that create the content - the artists, writers and musicians - are finding they can no longer survive in this unforgiving economic landscape.
But it didn't have to be this way.
In Move Fast and Break Things, Jonathan Taplin offers…
This is an important book that attacks head-on the mythology in American culture about the inherent superiority of the private sector over the public sector.
It documents the many public sector investments, inventions, and innovations that created many of the things that we all use in our daily lives. It shows how, despite decades-long attacks on government, we actually can point to a unique and valuable role that government action has played, and continues to play, in meeting public needs.
Mazzucato is one of the most important thinkers on this subject and has written a number of books that I’d also recommend if this was a longer list.
In this sharp and controversial expose, Mariana Mazzucato debunks the pervasive myth that the state is a laggard, bureaucratic apparatus at odds with a dynamic private sector. She reveals in detailed case studies, including a riveting chapter on the iPhone, that the opposite is true: the state is, and has been, our boldest and most valuable innovator. Denying this history is leading us down the wrong path. A select few get credit for what is an intensely collective effort, and the US government has started disinvesting from innovation. The repercussions could stunt economic growth and increase inequality. Mazzucato teaches us…
We are all consumers, much more so since the post-WWII years of prosperity.
But beyond meeting our family needs and making our lives easier (and certainly more cluttered), mass consumption has taken on deeper political meaning in American culture and society. In many ways, our identities as consumers have replaced our identity as citizens – with increased individualism displacing our commitments to the common good.
This book walks us through the post-war history of consumerism while at the same time places it squarely in the context of cold war politics.
In this signal work of history, Bancroft Prize winner and Pulitzer Prize finalist Lizabeth Cohen shows how the pursuit of prosperity after World War II fueled our pervasive consumer mentality and transformed American life.
Trumpeted as a means to promote the general welfare, mass consumption quickly outgrew its economic objectives and became synonymous with patriotism, social equality, and the American Dream. Material goods came to embody the promise of America, and the power of consumers to purchase everything from vacuum cleaners to convertibles gave rise to the power of citizens to purchase political influence and effect social change. Yet despite…
Desperate to honor his father’s dying wish, Layken Martin vows to do whatever it takes to save the family farm. Once the Army discharges him following World War II, Layken returns to Missouri to find his legacy in shambles and in jeopardy. A foreclosure notice from the bank doubles the threat. He appeals to the local banker for more time—a chance to rebuild, plant, and harvest crops and time to heal far away from the noise of bombs and gunfire.
But the banker firmly denies his request. Now what?
Then, the banker makes an alternative proposition—marry his unwanted daughter, Sara Beth, in exchange for a two-year extension. Out of options, money, and time, Layken agrees to the bargain.
Now, he has two years to make a living off the land while he shares his life with a stranger. If he fails at either, he’ll lose it all.
Desperate to honor his father's dying wish, Layken Martin vows to do whatever it takes to save the family farm.
Once the Army discharges him following World War II, Layken returns to Missouri to find his legacy in shambles and in jeopardy. A foreclosure notice from the bank doubles the threat. He appeals to the local banker for more time-a chance to rebuild, plant, and harvest crops and time to heal far away from the noise of bombs and gunfire.
But the banker firmly denies his request. Now what?
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