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The Economics of Belonging
A Radical Plan to Win Back the Left Behind and Achieve Prosperity for AllBy Martin SandbuNarrated by Stephen PerringLength6h 56m
About this audiobook
This audiobook narrated by Stephen Perring presents a radical new approach to economic policy that addresses the symptoms and causes of inequality in Western society today
Fueled by populism and the frustrations of the disenfranchised, the past few years have witnessed the widespread rejection of the economic and political order that Western countries built up after 1945. Political debates have turned into violent clashes between those who want to "take their country back" and those viewed as defending an elitist, broken, and unpatriotic social contract. There seems to be an increasing polarization of values.
The Economics of Belonging argues that we should step back and take a fresh look at the root causes of our current challenges. In this original, engaging book, Martin Sandbu argues that economics remains at the heart of our widening inequality and it is only by focusing on the right policies that we can address it. He proposes a detailed, radical plan for creating a just economy where everyone can belong.
Sandbu demonstrates that the rising numbers of the left behind are not due to globalization gone too far. Rather, technological change and flawed but avoidable domestic policies have eroded the foundations of an economy in which everyone can participate—and would have done so even with a much less globalized economy. Sandbu contends that we have to double down on economic openness while pursuing dramatic reforms involving productivity, regional development, support for small- and medium-sized businesses, and increased worker representation. He discusses how a more active macroeconomic policy, education for all, universal basic income, and better taxation of capital could work together for society's benefit.
Offering real answers, not invective, for facing our most serious political issues,
The Economics of Belonging shows how a better economic system can work for all.
Audiobook details
GenreBusiness and Economics, Politics and Government
Length6 hrs 56 mins
Narrated byStephen Perring
FormatAudiobook
Publish dateJun 16, 2020
LanguageEnglish
Table of contents
1Opening Anno, Part 1, What Went Wrong? Chapter 1 - The End of Belonging
8Chapter 8 - Macroeconomic Policy for the Left Behind
2Chapter 2 - Who Are the Left Behind?
9Chapter 9 - A Smarter Financial System
3Chapter 3 - Culture versus Economics
10Chapter 10 - A Tax Policy for the Left Behind
4Chapter 4 - Half a Century of Policy Mistakes
11Chapter 11 - Whose GDP?
5Chapter 5 - Scapegoating Globalization
12Part 3, The Way Forward, Chapter 12 - Globalization with a Human Face
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6Part 2, What Is To Be Done? Chapter 6 - Economics, Jobs, and the Art of Car Maintenance
13Chapter 13 - Beyond Left and Right, Closing Anno
7Chapter 7 - Economic Policies for Empowerment