The Price of Civilization and over 2 million other books are available for Amazon Kindle . Learn more
Buy Used
£1.13
+ £2.80 UK delivery
Used: Good | Details
Condition: Used: Good
Comment: Item in good condition and ready to ship! Ships airmail from USA!
Have one to sell?
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more
See this image

The Price of Civilization: Reawakening American Virtue and Prosperity Hardcover – 4 Oct 2011


See all 8 formats and editions Hide other formats and editions
Amazon Price New from Used from
Kindle Edition
"Please retry"
Hardcover, 4 Oct 2011
£1.13


Product details

  • Hardcover: 324 pages
  • Publisher: Random House (4 Oct. 2011)
  • Language: English
  • ISBN-10: 140006841X
  • ISBN-13: 978-1400068418
  • Product Dimensions: 16.2 x 2.3 x 24.2 cm
  • Average Customer Review: 4.2 out of 5 stars  See all reviews (12 customer reviews)
  • Amazon Bestsellers Rank: 5,424,645 in Books (See Top 100 in Books)

More About the Authors

Discover books, learn about writers, and more.

Product Description

Review

"The latest in a spate of books provoked by the world economic crisis and one of the best" (Guardian)

"The economic critique stands on its own merits" (The Times)

"Scholarly, original, independent, rigorous, enlightened and enlightening...Sachs goes so far to restore one's wavering faith in the informing inspiration of the post-1945 new dawn, faith in economics... and faith in humanity" (Spectator) --This text refers to the Paperback edition.

Book Description

THE PRICE OF CIVILIZATION reveals why we must - and how we can - change our entire economic culture in this time of crisis. --This text refers to the Paperback edition.

Inside This Book (Learn More)
Browse and search another edition of this book.
Browse Sample Pages
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
Search inside this book:

Customer Reviews

4.2 out of 5 stars
Share your thoughts with other customers

Most Helpful Customer Reviews

48 of 49 people found the following review helpful By Diziet on 27 Oct. 2011
Format: Hardcover Verified Purchase
The title of Jeffery Sachs' book is taken from a quote by Oliver Wendell Holmes Jr:

'I like to pay taxes. With them I buy civilisation.' (P210)

That is the key theme of this book. Although centrally concerned with the current state of the USA, it is clear that many of his criticisms of the USA can also be levelled at other countries that have embraced the neoliberal doctrines of the 1980s.

The book starts by charting the, by now, well mapped route that has led us to the current economic mess. Things started going seriously pear-shaped in the 1970s, with Nixon effectively tearing up the post-World War 2 Bretton Woods agreement:

'...the Bretton Woods dollar-exchange system collapsed, basically because America's inflationary monetary and budget policies during the Vietnam War era were destabilizing the world economy. The United States abandoned its monetary links with gold on August 15, 1971. Inflation soared worldwide as the major market economies searched for a new approach to the global monetary system.' (P29-30)

Later in that same decade, of course, came the dreaded 'stagflation' as oil prices surged. In the UK we saw, on the one hand, a rise in union militancy and, on the other, a growing disillusionment with and a reaction against state planning and the 'mixed economy'. In economics, the ideas of Hayek and Friedman appeared to offer solutions - minimising the role of the state would allow the creativity of the free market to regenerate the economy.
Read more ›
1 Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
8 of 8 people found the following review helpful By A. S. Barry on 17 Dec. 2011
Format: Hardcover
This is one of the best books I've read in a long time. The world at times seems to have gone crazy and Jeffrey Sachs, who I've long admired from his stints on Bloomberg, diagnoses the problems. He always strikes me as an inherently decent and compassionate person and this comes through in strong measure in the book. Whilst it is nice for people to be wealthy this cannot be achieved in a vacuum separate from society, and ultimately happiness comes from family and societal behaviours rather than immense wealth. Sachs illustrates countless cases where the obvious and democratic choices are completely ignored by the American ruling elite of both parties as they strive to keep their funding base happy and appease short-termism constantly with vote grabbing tax cuts, with little done to maintain or enhance the underlying fabric and long term pillars of society. The rampant commercialism that has been unleashed over the last 40 years is laid bare along with a host of statistics and graphs to prove his points. The first half of the book may make you angry however only by knowing the facts and seeing with clearer vision can we move forward in the second half Sachs details measures he believes will help address the malaise. Overall, a superb read.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
4 of 4 people found the following review helpful By Jonah on 15 Jan. 2012
Format: Hardcover
This book is about what to do to correct the three decades of mistakes by Reagan politics which has been characterised by an unprecedented inequality. Tax cut only for the rich, deregulation, and unfettered belief about the market power do everything right has been the dominant ideology among both sides of the Atlantic. This is not a new idea now as we already saw the Occupy movements around the world from London, Seoul to New York. The new point of the author's argument lies with the statement that we are entering a new era where Asia, which before the 18th century accounted for more than half of production of the world, once again becomes a powerful region.Mass job loss and an increasing pay gap between skilled and unskilled labour market are explained in terms of Asia's economic resurgence. During the 1980s developed nations such as the United States should have invested more heavily on education and put in place some job sharing scheme similar to that of Germans. However the United States and the United Kingdom were eager to please business classes. They selected job cuts and tax cut for the rich. The result is mass unemployment among the working class and a new Gilded age for Americans. The author also describes and criticises the moneyed interests of corporate America. Lobbying firms and revolving door system between lobbyists and politicians put American politics in the grip of corporations.

The most powerful is the traditional military industrial complex. They have been thriving on wars in the middle east contracting out defence work project. Financial industry also became a powerful player in Washington. The industry received bailout money and continued massive executive compensation payment.
Read more ›
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
6 of 6 people found the following review helpful By fpic on 16 Nov. 2011
Format: Hardcover
Although this is directed at the United States its diagnosis and conclusions are relevant throughout the developed world. One fears, however, that the malign forces he so skilfully exposes will block the reforms he advocates.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
3 of 3 people found the following review helpful By Mr. J. Dardis on 8 Jan. 2012
Format: Hardcover Verified Purchase
This book provides an excellent description of the problems America (and other Western nations, perticularly the UK) has with the way democracy works - or, to be more exact, doesn't work. It provides a lot of supporting evidence to back up the central thesis that America is a corporatocracy rather than a democracy and suggests some solutions. It also calls for a rather 'New Labour' approach to economic and social justice issues, perhaps less convincingly in my personal view. One could easily think that the 'New Labour' approach to poverty issues had been a great success in the UK and EU and that the way to eradicate poverty issues was simply to throw money at them - a naive solution, as we increasingly know from our UK experience, since a lot of poverty is not financial in the first place. That said, I have always personally admired the author as a man of enormous compassion and wisdom and this book does not change that opinion of him as one of America's finest.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again

Most Recent Customer Reviews



Feedback