A convincing attack on today’s dysfunctional economy plus admirable suggestions for correcting matters.
A sweeping historical examination of the promises and limitations of technological advances in relation to important economic and social issues.
Complaints about the miseries of progress began well before the Industrial Revolution but mostly addressed miserable working conditions until well into the 20th century. Perhaps beginning with John Kenneth Galbraith’s The Affluent Society (1958), activists have broadened their targets to include government and social institutions. In this insightful analysis, MIT economics professors Acemoglu and Johnson begin with a painful fact. Since 1980, Americans without a college education have seen their earnings decline, while graduates with no postgraduate degree have gained a little. Hypereducated professionals, scientists, engineers, and financiers are prospering in what is becoming a highly stratified society. Rewinding the clock, the authors emphasize that wealth produced by the Industrial Revolution mostly benefited entrepreneurs, skilled technicians, and those who already possessed wealth. Workers in the new factories were worse off than in the countryside, and cities were crowded, squalid, and disease-ridden. Matters changed when the general public began to exert influence. The rise of democracy encouraged the growth of countervailing power structures, including unions. Once legislators owed their jobs to a mass electorate, they began looking after their interests, outlawing profitable but cruel practices and creating safety nets such as unemployment insurance and national health care. Worker income rose through most of the last century, until it stalled around 1980. This was not inevitable but rather the result of choices made by the drivers of technological progress and propelled by worship of the free market. Since then, opposition to cutting labor costs has almost vanished, producing automated services that eliminate jobs without benefiting customers. Toward the end, the authors offer a range of reasonable remedies, including a move to “significantly reduce or even fully eliminate payroll taxes.” Governments should redirect digital research away from their obsession with big data and surveillance toward green technology and machine usefulness rather than artificial intelligence.
A convincing attack on today’s dysfunctional economy plus admirable suggestions for correcting matters.Pub Date: May 16, 2023
ISBN: 9781541702530
Page Count: 560
Publisher: PublicAffairs
Review Posted Online: Feb. 17, 2023
Kirkus Reviews Issue: March 15, 2023
BOOK REVIEW
BOOK REVIEW
An engrossing and ominous chronicle, told by a master of the form.
Documenting perilous times.
In his most recent behind-the-scenes account of political power and how it is wielded, Woodward synthesizes several narrative strands, from the Jan. 6, 2021, insurrection and Hamas’ Oct. 7, 2023, attack on Israel to the 2024 presidential campaign. Woodward’s clear, gripping storytelling benefits from his legendary access to prominent figures and a structure of propulsive chapters. The run-up to Russia’s invasion of Ukraine is tense (if occasionally repetitive), as a cast of geopolitical insiders try to divine Vladimir Putin’s intent: “Doubt among allies, the public and among Ukrainians meant valuable time and space for Putin to maneuver.” Against this backdrop, U.S. Sen. Lindsey Graham implores Donald Trump to run again, notwithstanding the former president’s denial of his 2020 defeat. This provides unwelcome distraction for President Biden, portrayed as a thoughtful, compassionate lifetime politico who could not outrace time, as demonstrated in the June 2024 debate. Throughout, Trump’s prevarications and his supporters’ cynicism provide an unsettling counterpoint to warnings provided by everyone from former Joint Chief of Staff Mark Milley to Vice President Kamala Harris, who calls a second Trump term a likely “death knell for American democracy.” The author’s ambitious scope shows him at the top of his capabilities. He concludes with these unsettling words: “Based on my reporting, Trump’s language and conduct has at times presented risks to national security—both during his presidency and afterward.”
An engrossing and ominous chronicle, told by a master of the form.Pub Date: Oct. 15, 2024
ISBN: 9781668052273
Page Count: 448
Publisher: Simon & Schuster
Review Posted Online: Oct. 15, 2024
Kirkus Reviews Issue: Dec. 15, 2024
IN THE NEWS
PERSPECTIVES
A revelatory meditation on shattering journeys.
Bearing witness to oppression.
Award-winning journalist and MacArthur Fellow Coates probes the narratives that shape our perception of the world through his reports on three journeys: to Dakar, Senegal, the last stop for Black Africans “before the genocide and rebirth of the Middle Passage”; to Chapin, South Carolina, where controversy erupted over a writing teacher’s use of Between the World and Me in class; and to Israel and Palestine, where he spent 10 days in a “Holy Land of barbed wire, settlers, and outrageous guns.” By addressing the essays to students in his writing workshop at Howard University in 2022, Coates makes a literary choice similar to the letter to his son that informed Between the World and Me; as in that book, the choice creates a sense of intimacy between writer and reader. Interweaving autobiography and reportage, Coates examines race, his identity as a Black American, and his role as a public intellectual. In Dakar, he is haunted by ghosts of his ancestors and “the shade of Niggerology,” a pseudoscientific narrative put forth to justify enslavement by portraying Blacks as inferior. In South Carolina, the 22-acre State House grounds, dotted with Confederate statues, continue to impart a narrative of white supremacy. His trip to the Middle East inspires the longest and most impassioned essay: “I don’t think I ever, in my life, felt the glare of racism burn stranger and more intense than in Israel,” he writes. In his complex analysis, he sees the trauma of the Holocaust playing a role in Israel’s tactics in the Middle East: “The wars against the Palestinians and their Arab allies were a kind of theater in which ‘weak Jews’ who went ‘like lambs to slaughter’ were supplanted by Israelis who would ‘fight back.’” Roiled by what he witnessed, Coates feels speechless, unable to adequately convey Palestinians’ agony; their reality “demands new messengers, tasked as we all are, with nothing less than saving the world.”
A revelatory meditation on shattering journeys.Pub Date: Oct. 1, 2024
ISBN: 9780593230381
Page Count: 176
Publisher: One World/Random House
Review Posted Online: Aug. 2, 2024
Kirkus Reviews Issue: Sept. 1, 2024
BOOK REVIEW
BOOK REVIEW
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