The end of progress : how modern economics has failed us /

"We live in an Age of Endarkenment. Our economic, social and political systems have failed us. Modern economics has not done what it promised. It has widened the gap between rich and poor. It has not allocated the world's resources fairly. It has brought the West to the brink of financial...

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Bibliographic Details
Main Authors: Maxton, Graeme P. (Author)
Corporate Authors: Wiley InterScience (Online service)
Published: John Wiley & Sons (Asia) Pet. Ltd.,
Publisher Address: Singapore :
Publication Dates: 2011.
Literature type: eBook
Language: English
Subjects:
Online Access: http://onlinelibrary.wiley.com/book/10.1002/9781119199298
Summary: "We live in an Age of Endarkenment. Our economic, social and political systems have failed us. Modern economics has not done what it promised. It has widened the gap between rich and poor. It has not allocated the world's resources fairly. It has brought the West to the brink of financial ruin. It has valued short-term gain more than long-term progress. It has made us focus on the individual, not society. The social consequences are easy to see. Much of the world is laden with debt. Our planet is being scraped clean of the resources needed by future generations. Science and technology are exploited for profit, not social advancement. The cult of celebrity, rise in global greed and belief that information is knowledge are limiting our imaginations. We are ill-equipped to respond to these challenges. We have been dumbed-down. Our politicians have become self-serving. They play on our fears, monitor us without justification and promote conflicts for their own interests. China's rise will make these problems worse. Without a rethink, we face many unwelcome changes. Poverty will grow. Standards of health will decline. Resource shortages will change our way of life. Tensions between peoples will grow. During the Age of Enlightenment our societies flourished, propelled by the wonder of new discoveries, radical ideas for economic and social development and a sense that we all had a responsibility to improve our world. We need to step back from the Age of Endarkenment. We need to examine our values. We need to work out what humankind really wants. If it is not just about just money and Twitter and Oprah, what is it? In this thought-provoking, lively and entertaining book, Graeme Maxton looks at what brought us to this state and what we can do about it"--Publisher's website.
Carrier Form: 1 online resource (xiii, 226 pages) : illustrations
Bibliography: Includes bibliographical references.
ISBN: 9781119199298
1119199298
9780470830000
047083000X
9780470829998
0470829990
9780470830017
0470830018
Index Number: HB87
CLC: F0
Contents: It's about you--you are responsible too -- Our belief in the free market failed us: Too much choice, too little restraint ; A broken financial system ; Squandering our world ; The damaging power of me -- Running blind--we are poorly equipped to deal with these challenges: Can you read Kant? ; Who is in charge? ; China's rising influence will not help -- The implications of these failures will be hard: We will become financially poorer ; Our way of life will change ; We will become less healthy ; We need to diffuse the threats of conflict -- Light in an age of "endarkenment": We need to change ; Other options need debate ; You. You have a role now too.