<
https://www.project-syndicate.org/onpoint/technological-progress-by-william-h-janeway-2023-08>
"CAMBRIDGE – Daron Acemoglu and Simon Johnson’s new book,
Power and Progress,
joins a number of other grand narratives that address a key question for the
world economy today: How did the United States – and, somewhat in parallel, the
United Kingdom – get into their current mess? Other worthwhile contributions
include Jonathan Ira Levy’s
Ages of American Capitalism, J. Bradford DeLong’s
Slouching Towards Utopia, Gary Gerstle’s
The Rise and Fall of the Neoliberal
Order, Helen Thompson’s
Disorder: Hard Times in the 21st Century, and Martin
Wolf’s
The Crisis of Democratic Capitalism.
All these works address a fundamental tension between the industrialized
Western world’s two systems for distributing and exercising power: political
democracy and the market economy. Each, in its own way, documents how the
dynamics of capitalism have concentrated economic and financial power, which
then is used to influence and even dominate the political process."
Via
Future Crunch:
<
https://futurecrunch.com/good-news-child-poverty-leprosy-conservation-california/>
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
