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WHY SAVE THE BANKERS?

AND OTHER ESSAYS ON OUR ECONOMIC AND POLITICAL CRISIS

If reading Piketty’s columns brings back bad memories of tough times of the recent past, it also helps make sense of recent...

“In the long run, patrimonial capitalism is the only kind that can exist.” The noted scholar of inequality (Capital in the Twenty-First Century, 2014, etc.) looks at recent events through an economist’s lens.

These columns from Libération, the leftist newsmagazine founded by Jean-Paul Sartre, span the years 2008 to the near-present and focus largely on European matters, especially the crisis of the Eurozone in the last few years and its predecessor meltdown in the wake of the global financial downturn of 2007. This odd period, Piketty remarks, is characterized by a decline in income even as wealth increases markedly—a seeming contradiction but all of a piece with how fortunes are amassed and transferred. Even though “one certainly senses mounting public exasperation with the explosion of supersalaries for executives and traders over the past thirty years,” the author finds good economic reasons for the bailout of banks and bankers that followed the earlier crisis. His arguments often stray into moral realms, as when he decries the “obscene salaries” that accompany “senseless risk-taking behavior” on the parts of players within the financial system. Piketty also grumbles that getting decent worldwide governance of the financial system “will probably take many more crises.” Many of his pieces are comparatively easy to follow for readers without much knowledge of economics, especially when he picks apart topics that defy classical economic logic (“Do you understand anything about the carbon tax?” one piece from 2009 begins); in this he resembles Paul Krugman, who similarly writes clearly on complex topics. However, many of the other pieces require at least some knowledge of European affairs and of economics alike, as with his excursus on how Italian public debt is constructed.

If reading Piketty’s columns brings back bad memories of tough times of the recent past, it also helps make sense of recent financial history. Just be prepared for a mental workout.

Pub Date: April 5, 2016

ISBN: 978-0-544-66332-9

Page Count: 224

Publisher: Houghton Mifflin Harcourt

Review Posted Online: Feb. 9, 2016

Kirkus Reviews Issue: March 1, 2016

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A PEOPLE'S HISTORY OF THE UNITED STATES

For Howard Zinn, long-time civil rights and anti-war activist, history and ideology have a lot in common. Since he thinks that everything is in someone's interest, the historian—Zinn posits—has to figure out whose interests he or she is defining/defending/reconstructing (hence one of his previous books, The Politics of History). Zinn has no doubts about where he stands in this "people's history": "it is a history disrespectful of governments and respectful of people's movements of resistance." So what we get here, instead of the usual survey of wars, presidents, and institutions, is a survey of the usual rebellions, strikes, and protest movements. Zinn starts out by depicting the arrival of Columbus in North America from the standpoint of the Indians (which amounts to their standpoint as constructed from the observations of the Europeans); and, after easily establishing the cultural disharmony that ensued, he goes on to the importation of slaves into the colonies. Add the laborers and indentured servants that followed, plus women and later immigrants, and you have Zinn's amorphous constituency. To hear Zinn tell it, all anyone did in America at any time was to oppress or be oppressed; and so he obscures as much as his hated mainstream historical foes do—only in Zinn's case there is that absurd presumption that virtually everything that came to pass was the work of ruling-class planning: this amounts to one great indictment for conspiracy. Despite surface similarities, this is not a social history, since we get no sense of the fabric of life. Instead of negating the one-sided histories he detests, Zinn has merely reversed the image; the distortion remains.

Pub Date: Jan. 1, 1979

ISBN: 0061965588

Page Count: 772

Publisher: Harper & Row

Review Posted Online: May 26, 2012

Kirkus Reviews Issue: Jan. 1, 1979

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WHEN BREATH BECOMES AIR

A moving meditation on mortality by a gifted writer whose dual perspectives of physician and patient provide a singular...

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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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