Thoughtful and massive: too much for any but the most serious public-policy wonk.
An academic who works both sides of the Atlantic takes a serious look at the dire condition of Anglo-Saxon pensions.
Blackburn (History/The New School; Sociology/Univ. of Essex) surveys the support of oldsters through history with some attention to the contributions of Gladstone, Bismarck, and the French Revolution. What’s new, of course, is the cheery report that most of us are living longer, an actuarial certainty that heralds scary demographics for national and private pension schemes. Just as menacing is the “accountability deficit” that places control of capital in the hands of managers rather than owners. Blackburn calls it “grey capitalism”: pension assets trapped in a web of interlocking relationships among fund managers, trustees, advisors, investment bankers, and union and corporate sponsors, who all reap real profits. It should be no surprise that the hope of privatization is constantly pleasing to rogue entities (think Enron and Arthur Andersen) as well as firms in a louche financial industry always blowing bubbles. Pensioners, the nominal beneficiaries, are commodities like Gogol’s dead souls. Whether “defined benefit” (like many union-sponsored plans) or “defined contribution” (like the ubiquitous 401[k]), the plans naturally fall prey to excessive self-dealing and meager returns. After much investigation, Blackburn suggests pre-funded “asset based welfare”: in summary, a dollop of capitalism wrapped in socialized pensions to be paid from college, employer, and locally based funds to which employees, employers, and the government would contribute, all supervised by a board or two. It’s neither a simple nor an easy sale. The author supports his study with global illustrations, giving particular attention to Wall Street and the City of London. The British-American comparison is undeniably useful, but it tends to bloat the text with material from one side of the pond that may hold little interest to those on the opposite shore.
Thoughtful and massive: too much for any but the most serious public-policy wonk.Pub Date: Sept. 1, 2002
ISBN: 1-85984-795-1
Page Count: 540
Publisher: Verso
Review Posted Online: May 19, 2010
Kirkus Reviews Issue: July 15, 2002
This moving, potent testament might have been titled “Black Lives Matter.” Or: “An American Tragedy.”
The powerful story of a father’s past and a son’s future.
Atlantic senior writer Coates (The Beautiful Struggle: A Father, Two Sons, and an Unlikely Road to Manhood, 2008) offers this eloquent memoir as a letter to his teenage son, bearing witness to his own experiences and conveying passionate hopes for his son’s life. “I am wounded,” he writes. “I am marked by old codes, which shielded me in one world and then chained me in the next.” Coates grew up in the tough neighborhood of West Baltimore, beaten into obedience by his father. “I was a capable boy, intelligent and well-liked,” he remembers, “but powerfully afraid.” His life changed dramatically at Howard University, where his father taught and from which several siblings graduated. Howard, he writes, “had always been one of the most critical gathering posts for black people.” He calls it The Mecca, and its faculty and his fellow students expanded his horizons, helping him to understand “that the black world was its own thing, more than a photo-negative of the people who believe they are white.” Coates refers repeatedly to whites’ insistence on their exclusive racial identity; he realizes now “that nothing so essentialist as race” divides people, but rather “the actual injury done by people intent on naming us, intent on believing that what they have named matters more than anything we could ever actually do.” After he married, the author’s world widened again in New York, and later in Paris, where he finally felt extricated from white America’s exploitative, consumerist dreams. He came to understand that “race” does not fully explain “the breach between the world and me,” yet race exerts a crucial force, and young blacks like his son are vulnerable and endangered by “majoritarian bandits.” Coates desperately wants his son to be able to live “apart from fear—even apart from me.”
This moving, potent testament might have been titled “Black Lives Matter.” Or: “An American Tragedy.”Pub Date: July 8, 2015
ISBN: 978-0-8129-9354-7
Page Count: 176
Publisher: Spiegel & Grau
Review Posted Online: May 5, 2015
Kirkus Reviews Issue: July 1, 2015
BOOK REVIEW
BOOK REVIEW
SEEN & HEARD
BOOK TO SCREEN
BOOK TO SCREEN
A moving meditation on mortality by a gifted writer whose dual perspectives of physician and patient provide a singular...
A neurosurgeon with a passion for literature tragically finds his perfect subject after his diagnosis of terminal lung cancer.
Writing isn’t brain surgery, but it’s rare when someone adept at the latter is also so accomplished at the former. Searching for meaning and purpose in his life, Kalanithi pursued a doctorate in literature and had felt certain that he wouldn’t enter the field of medicine, in which his father and other members of his family excelled. “But I couldn’t let go of the question,” he writes, after realizing that his goals “didn’t quite fit in an English department.” “Where did biology, morality, literature and philosophy intersect?” So he decided to set aside his doctoral dissertation and belatedly prepare for medical school, which “would allow me a chance to find answers that are not in books, to find a different sort of sublime, to forge relationships with the suffering, and to keep following the question of what makes human life meaningful, even in the face of death and decay.” The author’s empathy undoubtedly made him an exceptional doctor, and the precision of his prose—as well as the moral purpose underscoring it—suggests that he could have written a good book on any subject he chose. Part of what makes this book so essential is the fact that it was written under a death sentence following the diagnosis that upended his life, just as he was preparing to end his residency and attract offers at the top of his profession. Kalanithi learned he might have 10 years to live or perhaps five. Should he return to neurosurgery (he could and did), or should he write (he also did)? Should he and his wife have a baby? They did, eight months before he died, which was less than two years after the original diagnosis. “The fact of death is unsettling,” he understates. “Yet there is no other way to live.”
A moving meditation on mortality by a gifted writer whose dual perspectives of physician and patient provide a singular clarity.Pub Date: Jan. 19, 2016
ISBN: 978-0-8129-8840-6
Page Count: 248
Publisher: Random House
Review Posted Online: Sept. 29, 2015
Kirkus Reviews Issue: Oct. 15, 2015
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