My review is based entirely on the unabridged audiobook version of this text, as bought from Audible - the book may well be excellent, but the audio is one of the shoddiest products I have encountered.
When someone is 'narrating' an audiobook, they make errors, mangle words or get the emphasis wrong - not surprising, as us humans make mistakes - and usual practice is they repeat the mangled phrase in it's proper form, because then an editor or producer, who has the job of making as good a final product as they can, will cut the mistakes out and make a seamless reading of the text. It appears in this case though, Penguin either forgot to hire someone for this job, or whoever they did hire slept through the playback of the recording.
I gave up after the eleventh duplicated line, which was less than half way through the book - the reader clearly knew he's made a mistake, as he repeated the words or phrases so the correct version could be edited in, Shamefully, Penguin failed to do this, and clearly 'quality control' did not include the most basic step of listening to the version they then released and took money for. It was impossible for me to follow the thread of the argument, as the constant mistakes left me waiting for the next error rather than concentrating on the content. The author (who also was the narrator of the book) should feel deeply let down by their publisher over this audibook - I know as a customer my opinion of Penguin is much lower than it had been prior to this mess..
I'm still reading this, so I suppose the second half may be brilliant. But the first half is poorly written, hard to read, hard to understand, and woefully badly argued. I almost gave up - like others here - but am ploughing through. His analysis seems to rely on the mysterious theory of repeating 50-60 year K-waves in the world economy (K sanding for Nikolai Kondratiev or Kondratieff, an obscure soviet era economist). However, there are two critical flaws: First, Mason didn't bother to demonstrate that the world economy clearly, unambiguously, shows 50-60 year waves - was a graph of world GDP over the last N-hundred years too much to ask, so that we could all see the evidence for K-waves ourselves? Second, he didn't say a single word about what is significant about 50 years, or 55 years, or 60 years: i.e. if K-waves really exist, why do they exist? why should the world economy, changing all the time, exhibit regular 50-year cycles? Third, he didn't bother to ask any current historians or economists whether they think there's strong evidence for K-waves (the Wikipedia article suggests that many economists think there's no solid evidence that they are a real thing.
Instead, he simply assumes that K-waves exist and uses them to try to explain stuff. That's a shoddy basis for any argument. Next, he acknowleges that Marxist beliefs about capitalism dying were simply wrong, that capitalism didn't die as he predicted, instead capitalism adapted, and then went on from strength to strength in the last 80 years (despite it's recent problems). Mason still tries to mine Marx's more obscure writings (and similar beliefs from minority social thinkers) for any random thoughts that might apply today. This implies a desperate need inside Mason not to give up on Marx, but why should we assume Marx has any better ideas than thinkers today?
I could go on (into the digital medium, zero-cost-reproduction, open source) areas, which are of more interest to me, but I'll finish by noting that he doesn't give a compelling reason of why these fringe activities are so important, let alone how they might scale into "post-capitalism", if that's even a thing. I was hoping for a clear analysis of how historical trends (eg. towards automation) are likely to make inroads on work in society, and see how to make interesting ideas like a universal basic income system actually work, numerically. But instead I'm ploughing through Marxist claptrap.
In his youth Mason was a hardline Marxist. In his own words ' a raging Leftie'. It shows. He has told us in the Independent newspaper that he entered journalism because ' I could write polemical propaganda leaflets'. This book shows he still can. He is a big fan of Nikolai Kondratieff, a Marxist economist who was executed by Stalin. in the Gulag he spent his time on his theory of long run economic cycles or waves, lasting 50-60 years. According to Mason we are now in the fifth and final wave. He is wrong. The theory was shot to pieces five years ago by Professor Jean Built. Also as Mark Black has said, ' What a wonderful story is the history of Marxism, refuted again and again, and revised again and again, not by its enemies but by its friends '.
According to Mason the end of the world is nigh. No it isn't Paul but the end of the Labour Party is irrespective of who wins the farcical leadership elelection. The parable of the Gaderine Swine keeps coming to mind also the behaviour of Lemmings. If throughback Corbyn wins , which is likely given the weakness of the other candidates, then heaven help us for this is a man who has never held office, hates many of our traditions, is triendly with terrorists, compares the army with the IRA, and is ignorant about economics and nuclear weapons. His sidekick, McDonnell, is every bit as bad. He wanted to assassinate Margaret Thatcher and sided with the IRA and the Adams gang. Mason will get on very will with these dropouts. They will be different, and how!
Mason left left-wing BBC to join even more to the left Channel 4 News dominated by a rampant left-winger, John Snow. He is now free to express his Marxist views freely, as he does in the Guardian. No wonder Alex Salmond took this book on his summer holiday.
This book by Paul Mason is a polemic riddled with and obsessed with Marxist thinking. Every chapter is full of his or other equally deluded left-wing thinking. The failure of every attempt to impose this sloppy economic paradise on the unsuspecting is given little space. One doesn't have to wonder why. Comrades should remember that Marx said: ' History repeats itself, first as tragedy, then as farce'. This or the reverse fits this book as well as the current Labour leadership election.
Mason appears obsessed also with 'neoliberalism' which he claims believes in a system in which the state plays a small part apart from secret police and riot squads. He clearly dislikes these states but never identifies one of them. I find it impossible to name a single senior politician who subscribes to what he describes.
Mason claims Western societies are 'phony and fragile'. Despite this he is happy to make a very good living from working in one. In a ludicrous chapter he argues that the West can be compared with the Stasi-controlled East Germany. Clearly he never lived there , I wonder why, and equally clearly his knowledge of that concrete hell is decidedly flimsy.
Mason is also ignorant of the benefits resulting from the current technological revolution, a capitalist inspired one that is bringing huge improvements in the welfare of millions in Africa and other poverty stricken countries. He like many are obviously unaware of what progress has been made in eradicating disease and providing clean energy. It is free market capitalism that is driving this not some moribund marxist utopia. Unfortunately, we are so emeshed in, thanks to a left-wing group of dinosaurs who ruled for over 15 years, our fixation on austerity problems that most people are ignorant about the revolution taking place. In the media, I have yet to hear or read one left-winger define austerity correctly.
As the former economics editor of Channel Four News, Mason's views cause little surprise He wants, for example, to reverse trade union reforms and he prays for inflation! This he says is the only way to reduce huge debt burdens.My old Economics Professor would have crucified me if I had argued this in an essay. Mason would have been lucky to have been awarded a poor third at my university. Mason says in order to bring in his Garden of Eden we will need a world government that will not have to be very democratic! Of course, we know the kind he means, a mix of Stalin and North Korean will do nicely, no doubt. As for the unions he avoids reminding readers of the damage they did to the economy until they were brought to heel. I see that the bosses of two of our biggest moribund unions have recently been sunning themselves in Bermuda. On their salary and perks, why not. The author avoids telling readers that the union bosses who love the 'lads' and hate the rich elite all get around £ 135,000 a year plus perks. For doing what? Causing mayhem by calling unjustified strikes. One recently deceased boss had the nerve to live ifor years in a council house at subsidised rent. The lads adored him.
Of course, capitalism isn't without its faults. Of course, it faces challenges. Of course, there are serious debt issues to be tackled. But this marxist fails to note that capitalism has always been subjected to challenges, some of them worse than those around today. It has survived and overcome these challenges by adapting. It will continue to do so.
What is alarming about this parade of ignorance is that Mason says his desired world will need 'a new kind of human being' to drive his Wikipedia economy. This plus, of course, massive interventionism. His post capitalism state makes even the Gulag look appealing.
Mason like so many others of his kind never grasps the single biggest flaw in Marxist arguments, namely you cannot have both equality and liberty. Have the former then forget the latter and vice versa. He never grasps Shumpeter's point that the heart of capitalism is innovation. This has resulted in huge increases in living standards, and it will continue to do so in all countries where capitalism is the mode of production. The long run benefits of innovation are what matters not the short run benefits of static efficiency. What matters today and this is what Mason ought to be writing about is what kind of capitalism best promotes innovation. Of course, some are much better off than others but this is by no means always the fault of the system it is quite often down to pure luck and/ or hard work., or idleness.
A central weakness of marxism is that it has become for its followers a religion, a system of ultimate ends that are absolute standards by which to judge events and actions. It has become a guide to those ends and implies a plan of salvation for a chosen section of mankind. It promises paradise this side of the grave. To do so it uses and deploys a bag of party slogans that employ white hot phrases full of passion. Marx the prophet preached in the garb of analysis with a view to heartfelt needs. He claimed the inevitably of socialism. In so doing he falsified history and the psychology of the workman. He pretended to speak the logic of the dialectic process of history. It would do his followers good if they were to ignore slogans and read the Communist Manifesto, and his many other writings. They would be amazed to find that in one part of this book Marx gave a glowing account of the achievements of capitalism.
I make no apologies in reviewing this book for mentioning the current circus that is demeaning the Labour Party. Sadly, current events regarding the election of a new leader for the badly mauled British Labour Party , a party that has no longer any rational or realistic strategy to run this country, demonstrate there are plenty of gullible people who are ready to swallow any tosh and elect J. Corbyn who no doubt has a copy of this book in his pocket along with Das Capital which, of course, he will not have read. To be fair to those who support Mr Negativity, they have an astonishingly weak pool of candidates to pick from . If all were melted down the resultant mass wouldn't provide a decent deputy let alone a leader. I cannot recall a poorer, less competent batch of contenders for political leadership. Long gone are the days of Bevin, Bevan, Gaitskill, Healey and Wilson. We won't see their like again.
A liberal democracy needs an effective opposition. Labour is moving rapidly to the edge of a precipice. Like Lemmings over they will go and not be missed because the truth is that Labour no longer has any reason to exist. Blair won only because his policies were not socialist. They were light blue Tory. Now the ghastly ignorant Corbyn wants to turn the clock back to the stone age. As Labour leader no PM could possibly share security matters with him.
At the moment Corbyn and his supporters are hell bent on destroying the only party that can provide that opposition. Labour is marching into an ideological wilderness. It is rapidly descending into electoral oblivion. Street politics are replacing reason. Corbyn has described terrorists like Hamas as 'friends'. He is even elusive about the Holocaust. There is something particularly unpleasant about those who, living in a political democracy, happily condone terror elsewhere. These terrorists, of course, treat him and those like him as useful idiots. He and those of similar ilk will get succor from this lightweight account by Mason. Take its recommendations on board Labour and sink into political irrelevance and extinction. Corbyn has recently publicly compared the British army to IRA terrorists. He and his like have no place in our political life, even as leader of the Labour Party. The election is a farce. The hopeless and cowardly Ed has fled the country on yet another holiday. The current farce will end in disaster.
The adaptability and flexibility of capitalism will always see off the dead weight of marxism and communism. This badly argued book demonstrates that marxist solutions to serious economic problems are still fantasy, a dangerous fantasy. This book is based on faulty economics and riddled with an outdated ideology. It should never have found a publisher. The ultra left-wing still believe that political infantiliism can win power. When unexpectedly it does as in Greece look what happens! Another journalistic account that sits alonside the author's 'Live Working', and attacks on globalisation. The Militant Tendency and communists will love it. They have always sat in awe when fed tripe.
The dreary ultra- lefties that support Corbyn, who is still living in the seventies, at times the 1870's, will love this morass of outmoded ideas: Comrades like the hypocrite Abbott, she hates private scbools so she sent her brood to a very expensive one, Livingstone, ghastly, Galloway who loves Arab tyrants and Palestinian terrorists, Charlotte Church who went into a fantasy wonderland years ago, the ridiculous and ignorant Brand who no sane person could take seriously, lovers of the Daily Mirror that fountain of culture, and all those other envious class warriors, will all have this on their bedside table. Of course, like most posters they will not read it. Like the dreadful Piketty book that is riddled with grossly misguidlng statistics and warped economic theory, you don't read books like this, you use them to spout class envy. The majority of those who do read them will not have the required knowledge to detect the many flaws and the so obvious bias.Those who read French will know that in that country his marxist work is regarded as highly suspect. 'Mindsets set in ideological concrete rule the day', as Gaitskill once said. How true.
This is a book of utopian guesswork. Mason's prescriptions are very thin and very confused. He takes over 200 pages to get to his point. In those pages he tries to examine several major economic theories and in the process gets most wrong by distorting what they actually state. Yet another example of his sloppy research. Mason even thinks, as did Marx, that one day machines will do all the work while humans bask in the sun. It is a book replete with guff of this kind. Although come to think of it it is a pity robots don't drive our tube trains thereby avoiding gross disruption to our transport system and stress to thousands of commuters. They would also be cheaper than the £60,000 p.a. paid to newly qualified drivers. The union has made sure that the general public cannot apply for these jobs only carefully vetted underground workers can. You don't have to wonder why.
Many of us would not trust this author's predictions of the present let alone the future. He has Utopia on the brain. His recent rants while enjoying the Greek sunshine were deplorable but typical of a former member of the Trotskyist Workers Power Group. One day he and his followers will wake up to the fact that ever since 1789 the search for Eden has led to tyrannical repression. A diatribe of no merit whatsoever. The parable of the Gaderene Swine comes to mind.
This book should have been entitled: ' POSTMORTEM '.
Coming at you, thick and fast, no doubt sponsored by a litany of establishment sorts.
Door on the Left: Bureaucrats, Nannycrats, Central bankers, Central planners, Economists, Statists, Do-gooders, World-changers and Climate Alarmists (apologies to anyone I've left out of this illustrious group who collectively think the citizenry are as dumb as rocks and need to be 'guided' by higher intellectual powers)
Door on the Right: Free-thinkers, who value: Civil liberties, Personal Privacy, Economic Freedom, Free-markets, Sound Money ... and who abhor Imperialism, Crony-Socialism and the litany of people and organisations whose very survival hinges on being clamped firmly on the government teat.
But never fear, while socialism and failure are very well acquainted, I'm sure Mr Mason finally has the answer and the promised land is within reach.