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The Value of Nothing: How to reshape market society and redefine democray
 
 

The Value of Nothing: How to reshape market society and redefine democray [Kindle Edition]

Raj Patel
4.7 out of 5 stars  See all reviews (3 customer reviews)

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Product Description

Review

`A penetrating and admirably concise guide to the follies of market fundamentalism' - John Gray, Observer --Review

'Patel reveals the distorted prices and compromised values at the heart of contemporary society' - GQ --Review

`Patel combines sociology and neuroeconomics to ask the most fundamental question of the season: why do things cost what they do?' - Prospect
--Review

Product Description

A short, sharp and stimulating book that responds to the global economic crisis by assessing the issue of value, which underlies every commercial transaction we make, in boom and in bust.

Product details

  • Format: Kindle Edition
  • File Size: 627 KB
  • Print Length: 176 pages
  • Publisher: Portobello Books (1 Feb 2010)
  • Sold by: Amazon Media EU S.à r.l.
  • Language English
  • ASIN: B0037UAC62
  • Text-to-Speech: Enabled
  • Average Customer Review: 4.7 out of 5 stars  See all reviews (3 customer reviews)
  • Amazon Bestsellers Rank: #93,633 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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More About the Author

Rajeev Charles Patel
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Most Helpful Customer Reviews
20 of 20 people found the following review helpful
Insightful 14 Dec 2009
Format:Hardcover
I don't normally write reviews, but I bought this book after reading the book-of-the-week review in The Observer, and after reading it in one sitting, felt I had to write.

I thought I knew a lot about why the financial crisis happened, but Patel manages to sum it up quickly, entertainingly and cleverly. There were lots of bits where I found myself giggling, or saying 'wow' - like the bit about Antons Blindness, where people believe they can see but actually can't, or the discussion of how nuts 'carbon trading' is. He's got lots of great insights into why we got here, but what that this book has that others don't is what we can do to fix things.

Patel talks about 'the commons' - the idea that won the nobel economics prize this year - and he shows how we can't really carry on with the way things are at the moment. There are loads of inspirational stories from around the world, and although it doesn't seem like shackdwellers in South Africa have much in common with us, I reckon we're much closer than people think.

Definitely recommend this book. It doesn't have all the solutions to today's economic collapse, but it has all the right questions.
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3 of 3 people found the following review helpful
Format:Hardcover
This book is a whirlwind text on how to roll back the power of markets, use them for the good of society and redefine what we mean by democracy. I'd like to think of it as a very good anarchist manifesto without explicitly calling itself that. It has some great ideas on deliberative politics, very realistic ideas, and highlights some inspirational movements from around the globe. Read it. Now.
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4 of 5 people found the following review helpful
By J. Hole
Format:Hardcover
This gives a very entertaining survey of how we have all been caught up in this "faith in the market" and its unrealistic and fatally inappropriate values
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Popular Highlights

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&quote;
You measure democracy by the freedom it gives its dissidents, not the freedom it gives its assimilated conformists. &quote;
Highlighted by 6 Kindle users
&quote;
It is pure ideology to think that the best way for society to function is to let markets seek profit, and that the best way for markets to function is with minimal interference. &quote;
Highlighted by 5 Kindle users
&quote;
What characterizes todays markets is exchange driven not by needs, but by profit.23 &quote;
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