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Chargement... The Third Pillar: How Markets and the State Leave the Community Behindpar Raghuram Rajan
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Inscrivez-vous à LibraryThing pour découvrir si vous aimerez ce livre Actuellement, il n'y a pas de discussions au sujet de ce livre. Raghu ex IMF Chief Economist , ex Reserve Bank top dog and a fervent critique of disastrous policies of the Govt which now has bought the Indian economy to its knees , takes one on an anthropological path since barter , feudal system to current times where an emphasize no how of community which was the backbone for “State” and “Market” ( and primary purpose was to serve the community ) has slowly been eroded over centuries as state and corporate nexus have taken a strangle hold in most developed / developing regions and the illusion has been sold as free market ; while an ever increasing wealth gap , ideologically disparate immigration, rampant automation making inroads into the once save havens of mid to senior level white collar jobs eventually making large swathes susceptible to populism as we further drift back to falling on our primal instincts , chaos seems to be the new norm .Personally I thought the book was too slow almost like a PhD thesis with too many chapters devoted to giving historical aspect rather than future path and solutions with glimpses of astuteness . ( ) This is a very dry book, and it took me significantly longer to finish than usual; but it has a lot of useful and important ideas. The premise is that strong communities is every bit as important to a country as a strong economy and good government. I would like to go through it again in the future and take notes. One bit I really liked is the recommendation for bureaucrats to "focus on the thin folders" ie. to try to solve relatively new or obscure problems rather than ones that have already become politicized or otherwise intractable. aucune critique | ajouter une critique
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Shortlisted for the Financial Times/McKinsey Business Book of the Year Award From one of the most important economic thinkers of our time, a brilliant and far-seeing analysis of the current populist backlash against globalization. Raghuram Rajan, distinguished University of Chicago professor, former IMF chief economist, head of India's central bank, and author of the 2010 FT-Goldman-Sachs Book of the Year Fault Lines, has an unparalleled vantage point onto the social and economic consequences of globalization and their ultimate effect on our politics. In The Third Pillar he offers up a magnificent big-picture framework for understanding how these three forces--the state, markets, and our communities--interact, why things begin to break down, and how we can find our way back to a more secure and stable plane. The "third pillar" of the title is the community we live in. Economists all too often understand their field as the relationship between markets and the state, and they leave squishy social issues for other people. That's not just myopic, Rajan argues; it's dangerous. All economics is actually socioeconomics - all markets are embedded in a web of human relations, values and norms. As he shows, throughout history, technological phase shifts have ripped the market out of those old webs and led to violent backlashes, and to what we now call populism. Eventually, a new equilibrium is reached, but it can be ugly and messy, especially if done wrong. Right now, we're doing it wrong. As markets scale up, the state scales up with it, concentrating economic and political power in flourishing central hubs and leaving the periphery to decompose, figuratively and even literally. Instead, Rajan offers a way to rethink the relationship between the market and civil society and argues for a return to strengthening and empowering local communities as an antidote to growing despair and unrest. Rajan is not a doctrinaire conservative, so his ultimate argument that decision-making has to be devolved to the grass roots or our democracy will continue to wither, is sure to be provocative. But even setting aside its solutions, The Third Pillar is a masterpiece of explication, a book that will be a classic of its kind for its offering of a wise, authoritative and humane explanation of the forces that have wrought such a sea change in our lives. Aucune description trouvée dans une bibliothèque |
Discussion en coursAucunCouvertures populaires
Google Books — Chargement... GenresClassification décimale de Melvil (CDD)306.3Social sciences Social Sciences; Sociology and anthropology Culture and Institutions Economic institutionsClassification de la Bibliothèque du CongrèsÉvaluationMoyenne:
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