A cogent analysis of the concurrent Trump/Brexit phenomena and a dire warning about what lies ahead.
An examination of the coming worldwide explosion of populism.
“Even as [globalism] makes the world better, it breeds economic and cultural insecurity, and when people act out of fear, bad things happen,” writes Bremmer (Superpower: Three Choices for America's Role in the World, 2015, etc.), president of Eurasia Group, a political risk consulting firm. Already, popular discontent with ruling elites has fostered the protectionism of Donald Trump and Britain’s decision to leave the European Union. Unfortunately, writes the author, that is just the beginning. In this lucid, provocative book, he argues that the battle between us and them (globalization’s “winners and losers”), driven by “fears of diluted identity” and “economic anxieties,” is set to grow in intensity, especially in the developing world, which often lacks sturdy institutions and social safety nets. Anxiety dictates that “the borders are open, and the foreigners are coming. They will steal your job. They will cost you your pension and your health care by bankrupting your system. They will pollute your traditional culture.” To protect themselves, angry citizens turn to politicians who build barriers (physical walls, tariffs, etc.) to stem the loss of jobs and seeming onslaught of strangers, criminals, and terrorists. The book’s most revealing chapter analyzes political trends in the dozen largest developing countries. With more than half of the world’s people (and an even higher percentage of its youth), they will determine the future of the global economy. All face increasing popular frustration: growing inequality in Egypt, corruption and economic decline in Russia, religious tensions in India, water and electricity shortages in Venezuela, and the urban–rural wealth divide in China. The needs of these and other countries—Indonesia, Turkey, Brazil, Mexico, Nigeria, Saudi Arabia, and South Africa—will further widen the gap between winners and losers, ultimately forcing a moment of global “reckoning.” Bremmer urges a rewriting of social contracts to help people thrive in dangerous times.
A cogent analysis of the concurrent Trump/Brexit phenomena and a dire warning about what lies ahead.Pub Date: April 24, 2018
ISBN: 978-0-525-53318-4
Page Count: 208
Publisher: Portfolio
Review Posted Online: April 23, 2018
Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal.
“Quality of life means more than just consumption”: Two MIT economists urge that a smarter, more politically aware economics be brought to bear on social issues.
It’s no secret, write Banerjee and Duflo (co-authors: Poor Economics: A Radical Rethinking of the Way To Fight Global Poverty, 2011), that “we seem to have fallen on hard times.” Immigration, trade, inequality, and taxation problems present themselves daily, and they seem to be intractable. Economics can be put to use in figuring out these big-issue questions. Data can be adduced, for example, to answer the question of whether immigration tends to suppress wages. The answer: “There is no evidence low-skilled migration to rich countries drives wage and employment down for the natives.” In fact, it opens up opportunities for those natives by freeing them to look for better work. The problem becomes thornier when it comes to the matter of free trade; as the authors observe, “left-behind people live in left-behind places,” which explains why regional poverty descended on Appalachia when so many manufacturing jobs left for China in the age of globalism, leaving behind not just left-behind people but also people ripe for exploitation by nationalist politicians. The authors add, interestingly, that the same thing occurred in parts of Germany, Spain, and Norway that fell victim to the “China shock.” In what they call a “slightly technical aside,” they build a case for addressing trade issues not with trade wars but with consumption taxes: “It makes no sense to ask agricultural workers to lose their jobs just so steelworkers can keep theirs, which is what tariffs accomplish.” Policymakers might want to consider such counsel, especially when it is coupled with the observation that free trade benefits workers in poor countries but punishes workers in rich ones.
Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal.Pub Date: Nov. 12, 2019
ISBN: 978-1-61039-950-0
Page Count: 432
Publisher: PublicAffairs
Review Posted Online: Aug. 28, 2019
Kirkus Reviews Issue: Sept. 15, 2019
SEEN & HEARD
A forceful, necessarily provocative call to action for the preservation and protection of American Jewish freedom.
Known for her often contentious perspectives, New York Times opinion writer Weiss battles societal Jewish intolerance through lucid prose and a linear playbook of remedies.
While she was vividly aware of anti-Semitism throughout her life, the reality of the problem hit home when an active shooter stormed a Pittsburgh synagogue where her family regularly met for morning services and where she became a bat mitzvah years earlier. The massacre that ensued there further spurred her outrage and passionate activism. She writes that European Jews face a three-pronged threat in contemporary society, where physical, moral, and political fears of mounting violence are putting their general safety in jeopardy. She believes that Americans live in an era when “the lunatic fringe has gone mainstream” and Jews have been forced to become “a people apart.” With palpable frustration, she adroitly assesses the origins of anti-Semitism and how its prevalence is increasing through more discreet portals such as internet self-radicalization. Furthermore, the erosion of civility and tolerance and the demonization of minorities continue via the “casual racism” of political figures like Donald Trump. Following densely political discourses on Zionism and radical Islam, the author offers a list of bullet-point solutions focused on using behavioral and personal action items—individual accountability, active involvement, building community, loving neighbors, etc.—to help stem the tide of anti-Semitism. Weiss sounds a clarion call to Jewish readers who share her growing angst as well as non-Jewish Americans who wish to arm themselves with the knowledge and intellectual tools to combat marginalization and defuse and disavow trends of dehumanizing behavior. “Call it out,” she writes. “Especially when it’s hard.” At the core of the text is the author’s concern for the health and safety of American citizens, and she encourages anyone “who loves freedom and seeks to protect it” to join with her in vigorous activism.
A forceful, necessarily provocative call to action for the preservation and protection of American Jewish freedom.Pub Date: Sept. 10, 2019
ISBN: 978-0-593-13605-8
Page Count: 224
Publisher: Crown
Review Posted Online: Aug. 22, 2019
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