| |||||||||||||||
![]() Trade In this Item for up to £0.25
Trade in The Roaring Nineties: Why We're Paying the Price for the Greediest Decade in History for an Amazon.co.uk gift card of up to £0.25, which you can then spend on millions of items across the site. Trade-in values may vary (terms apply). Find more products eligible for trade-in.
|
Product details
|
From the Nobel Prize-winning author of Globalization and Its Discontents comes a corruscating analysis of the boom and bust of the 1990s - how and why it happened, how the seeds of destruction were sown in the midst of apparent prosperity, and how America and the world are still failing to learn the lessons from what went wrong.
The Roaring Nineties is in part the story of how the corrupt and greedy got their comeuppance. But Stiglitz also develops a convinving alternative to the free-market mantra. He shows why greed is not good and how if left unchecked it leads to deceptions, distortions and disasters. He argues that achieving the right balance between government and the market is the best way towards sustained growth and efficiency, and that both companies and economies must to some extent be regulated by trust and consideration for others. This isn't just good morality - it's good economics too.
Tags Customers Associate with This Product(What's this?)Click on a tag to find related items, discussions, and people.
|
|
Share your thoughts with other customers:
|
||||||||||||||||||||||
|
Most Helpful Customer Reviews
13 of 13 people found the following review helpful:
5.0 out of 5 stars
A new form of social Darwinism: let the fittest survive,
By
This review is from: The Roaring Nineties: Why We're Paying the Price for the Greediest Decade in History (Paperback)
Joseph Stiglitz’s analysis of the national and international social and economic policies of the Bush II governments is devastating.Nationally, the state of the union is far from brilliant with its huge wealth inequality, a large number of people in prison, anxiety and insecurity (millions without health insurance), high infant mortality rates, unconcern about the deterioration of the environment and health care provisions below those of far poorer countries. Internationally, the US speaks of the rule of law, but it rejects this rule time and again (UN, International Criminal Court, Kyoto Agreements, strategic arms treaty). Stiglitz own precepts, called ‘Democratic Idealism’, are based on 3 cornerstones: social justice, political values (democracy and freedom) and the relationship between individuals and communities. It is a vision with a balanced role for government (investments in education and technology, social protection), an attempt to achieve social justice at local and global level, and based on individual and national responsibility. This book is superbly sarcastic: the conglomerate discount instead of the conglomerate premium (the synergies didn’t work out). Or, the 3 Golden Rules of corporate capitalism: first, oppose subsidies except for your own sector; secondly, favour competition except for your own business; thirdly, favour openness and transparency except for your own books. With his superb free mind, Professor Stiglitz’s book served perfectly his adage that ‘information is more important than ever’: a well-informed public is the basis of a well-functioning democracy. A must read. I also highly recommend Walden Bello’s ‘Dilemmas of Domination’ (a voice from the South) and Robert Heilbroner’s ‘Behind the Veil of Economics ‘.
13 of 15 people found the following review helpful:
4.0 out of 5 stars
A First-Hand Look,
By A Customer
This review is from: The Roaring Nineties: Seeds of Destruction (Hardcover)
Stiglitz is in an excellent position to provide a first-hand look at some of the myths behind the seeming prosperity of the late 90s, and Washington's short-sighted view of the economy.In particular, his critique of how President Bush mis-managed the aftermath is sharp and to the point. Readers interested in this book should also take a look at Paul Krugman's "The Great Unraveling" for more political commentary and Maggie Mahar's "Bull! A History of the Boom" for a colorful, fast-paced narrative of Washington and Wall Street in the 90s.
6 of 7 people found the following review helpful:
4.0 out of 5 stars
Very interesting,
By
This review is from: The Roaring Nineties: Why We're Paying the Price for the Greediest Decade in History (Paperback)
This is an excellent read, very interesting and without the incomprehensible waffle that often bogs down writing on economics. My only criticism was that given Stiglitz's power and influence during the 90s (he was chief economist at the World Bank and and before that Chairman of Clinton's Council of Economic Advisors) he seems to avoid any of the blame for mistakes that were made. Some of the points made are not exactly new, Enron, the madness of the hype surrounding the New Economy. But Stiglitz writes well and overall the book is well worth a look.
Share your thoughts with other customers: Create your own review
Would you like to see more reviews about this item?
|
Most Recent Customer Reviews |
|
|
|