The Price of Civilization: Reawakening American Virtue and Prosperity

by Jeffrey Sachs

Hardcover, 2011

Status

Available

Publication

New York : Random House, 2011.

Description

Business. History. Sociology. Nonfiction. HTML:NEW YORK TIMES BESTSELLER • NAMED ONE OF THE BEST BOOKS OF THE YEAR BY THE GUARDIAN AND PUBLISHERS WEEKLY   “Succinct, humane, and politically astute . . . Sachs lays out a detailed path to reform, regulation, and recovery.”—The American Prospect   In this forceful and impassioned book, Jeffrey D. Sachs offers a searing and incisive diagnosis of our country’s economic ills, and an urgent call for Americans to restore the core virtues of fairness, honesty, and foresight as the foundations of national prosperity. Sachs finds that both political parties—and many leading economists—have missed the big picture, profoundly underestimating globalization’s long-term effects and offering shortsighted solutions. He describes a political system that is beholden to big donors and influential lobbyists and a consumption-driven culture that suffers shortfalls of social trust and compassion. He bids readers to reclaim the virtues of good citizenship and mindfulness toward the economy and each one another. Most important, he urges each of us to accept the price of civilization, so that together we restore America to its great promise. The Price of Civilization is a masterly road map for prosperity, founded on America’s deepest values and on a rigorous understanding of the twenty-first-century world economy.   With a new Preface by the author. “Half a century ago J. K. Galbraith’s The Affluent Society changed the political consciousness of a generation. . . . Jeffrey Sachs’s new book is a landmark in this great and essentially American tradition. . . . Sachs by his life and his writing goes far to restore one’s wavering faith in the informing inspiration of the post-1945 new dawn, faith in economics, faith in America and faith in humanity.”—The Spectator   “Stimulating . . . a must-read for every concerned citizen . . . [a] hard-hitting brief for a humane economy.”—Publishers Weekly (starred review)   “Sachs’s book is loaded with information and anecdotes [and] proposals that would make it harder for the powerful to rig the system for their benefit.”—Scientific American   “An eloquent call for American civic renewal based on moderation, compassion, and cooperation across the lines of class, ethnicity, and ideology.”—CNN Money   “Compelling . . . This is an important book.”—Financial Times.… (more)

User reviews

LibraryThing member nivramkoorb
This is an excellent book that I highly recommend. It has a liberal bent to it but it really takes no prisoners in terms of assigning blame for our current state of affairs. It uses data to support its' thesis. What works best is a combination of government and free markets to address our American
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economic and social needs. It shows that since the Reagan presidency, the top 1% have doubled their share of both net income and net worth. It also says that our current relationship between Wall Street and Washington does not reflect the will of the people. It many cases the media does little to question that relationship. One telling point. We constantly hear that our 35% corporate income tax is the 2nd highest in the developed world. What is never said when this is mentioned is that the actual rate that is paid as a % of Gross Domestic Product(DNP) is the lowest in the developed world. The actual rate is not the real rate!!! Why doesn't the media point this out when this come up? The bottom line is that this is a book that should be read. You may not agree with the basic assumptions and premises but it should get you thinking about what is needed to get our leaders to reflect the will of the majority of the people.
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LibraryThing member MrDickie
I highly recommend this book to anyone who wants a better understanding of what happened to America and is interested in positive suggestions for making changes and improvements. Economist, Jeffrey D. Sachs, did an outstanding job of describing the situation and laying out suggestions for changes
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that must be made in the years ahead.
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LibraryThing member RolandB
Disturbing book about our political system congress

Awards

Orwell Prize (Longlist — 2012)

Language

Barcode

6642
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