Humans have an obvious impact on the things they create. In Where are we Heading?, the author postulates that the things created also impact humans—and not always in a positive way.
The author uses the creation of the spinning wheel and its subsequent industrial machine replacement to illustrate the impact of things on humanity. The spinning wheel allowed the poor to create not only clothes for their families but also items to sell to fund other basic necessities. Once industrial machines appeared, individuals couldn’t compete with their speed or consistent quality. This forced many people to move to cities and deplorable working conditions. Eventually, labor unions and environmental laws forced the factories to move to more business friendly, and poorer, countries overseas. The book also looks at more modern creations like gasoline and electric cars.
There is much to be learned within this book and definitely much to think about. Be warned, it reads like a textbook, which I’m sure it is destined to be. The author has never met a term that he hasn’t stopped to define—even relatively common ones such as “thing”. If you are fine with that, I think you will enjoy Where are we Heading? but for most readers, I will give it 3 stars.
Thanks to the publisher, Yale University Press, and NetGalley for an advanced copy.
Posted in Non-fiction Tagged with: Aug 21 2018, economics
Capitalism is dying. What will replace it in the Coming Revolution?
Without growth, capitalism will collapse. Automation and globalized production are radically reducing the need for labor. Massive debt loads are mortgaging the future for current needs. Natural disasters and wars are the only way to bring back prosperity, though temporarily, under capitalism. The author presents a five-stage plan for moving past capitalism and into prosperity for all.
Even this Bernie Sanders voter believes that the author’s vision is unlikely within the lifetime of anyone reading this. The US doesn’t even have a comprehensive, non-work-provided healthcare system yet. However, the social and economic explanations of how we got here especially regarding the industrial revolution and the Great Recession are great. 3 stars!
Thanks to Zero Books and NetGalley for a copy.
Posted in Non-fiction Tagged with: Capitalism, economics, Jun 29 2018