Economic Democracy

A radically revised new edition of this highly readable, popular guide aimed at everyone from students to statesmen who want to make sense of the modern economy and grasp how economic theory works in practice. It starts with the basics, and from the underlying theory it moves to the specifics of the world economy, including an analysis of the recent recession. The closing part puts the usefulness and the failings of economics under the spotlight, and looks at the innovative approaches being developed to address these failings.

What would it mean to create an economics that guarantees dignity for all? For decades, we were told that free markets would safeguard democracy. Instead, we are now living in an age of emergencies as the cost of living rises, democratic institutions weaken and the far right gains ground across...

Capitalism, Socialism, and Democracy: Exploring the Evolution of Economic Systems and the Future of Democracy by Joseph A. Schumpeter is a seminal work that examines the dynamics of economic systems and their societal impact. Published in 1942, this influential book introduces the concept of "creative destruction," illustrating how innovation disrupts established industries to drive progress. Schumpeter explores the strengths and vulnerabilities of capitalism, arguing that its success ironically paves the way for its decline through institutional shifts and bureaucratic expansion.

From its inception, liberalism offered a glittering promise of shared prosperity, equality, democratic values and the free pursuit of knowledge. At first, it flourished. And then it faltered. Once a tantalising beacon of hope, it began to erode and decay at the hands of elitism, intolerance and...

Penguin presents the audiobook edition of How Democracies Die by Steven Levitsky and Daniel Ziblatt, read by Fred Sanders. Two Harvard professors explain the dangerous world we face today Democracies can die with a coup d'état - or they can die slowly. This happens most deceptively when in...

NEW YORK TIMES AND WALL STREET JOURNAL BESTSELLER From two winners of the 2024 Nobel Prize in Economic Sciences, “who have demonstrated the importance of societal institutions for a country’s prosperity” “A wildly ambitious work that hopscotches through history and around the world...

On the eve of a landmark general election, Ruchir Sharma offers an unrivalled portrait of how India and its democracy work, drawn from his two decades on the road chasing election campaigns across every major state, travelling the equivalent of a lap around the earth. Democracy on the Road takes...

India’s Five-Year Plans were one of the developing world’s most ambitious experiments. After nearly two centuries of colonial rule, planning the economy was meant to be independent India’s route from poverty to prosperity. Planning Democracy explores how India married liberal democracy to...

The story of the forging of India, the world's largest democracy, is a rich andinspiring one. This volume, a sequel to the India's Struggle forIndependence, analyses the challenges India has faced and the successes ithas achieved in the light of its colonial legacy and century-long struggle...

Sixteen Stormy Days narrates the riveting story of the First Amendment to the Constitution of India-one of the pivotal events in Indian political and constitutional history, and its first great battle of ideas. Passed in June 1951 in the face of tremendous opposition within and outside...

Brought to you by Penguin. These are dangerous times for democracy. We live in an age of winners and losers, where the odds are stacked in favour of the already fortunate. Stalled social mobility and entrenched inequality give the lie to the promise that "you can make it if you try". And the...

As inequality, inflation, and overwhelming corporate power threaten democracy, a rising-star economist asks what it would mean to create an anti-fascist economics that guarantees dignity for all. On the night of President Trump's second presidential victory, economist Isabella Weber tweeted...

Random House presents the audiobook edition of Postwar by Tony Judt, read by Ralph Cosham. Tracing the story of post-war Europe and its changing role in the world, Judt's magnificent history of the continent of our times investigates the political, social and cultural history of Europe from the...

What role do political consultants play in election campaigns? How are political parties using technological tools such as data analytics, surveys and alternative media to construct effective, micro-targeted campaigns? How does the use of money impact election results? What aids in the en masse...

Brought to you by Penguin. By the authors of the international bestseller Why Nations Fail, based on decades of research, this powerful new big-picture framework explains how some countries develop towards and provide liberty while others fall to despotism, anarchy or asphyxiating norms - and...

A sweeping, resonant, revelatory history of how the expropriation of property made the modern world, by a brilliant young historian Expropriation – the forced transfer of property rights – is usually associated with dictators, unstable countries, and violent revolution. But in fact, it has...

Whither Human Rights in India , edited by Anand Teltumbde, one of India's prominent human rights activists, is a searing and indispensable anthology that brings together some of the most important thinkers, activists and human rights defenders of our time. The essays trace the historical and...

Brought to you by Penguin. Building requires power and resources – then, once created, our environment structures how we relate to each other. But what would a distinctly democratic built environment look like? Should we prioritize an inclusive process by which as many citizens as possible can...

Brought to you by Penguin. Politicians have failed us. But democracy doesn’t have to. Bought by special interests, detached from real life, obsessed with re-election. Politicians make big promises, deliver little to nothing, and keep the game rigged in their favour. But what can we do? With...

The greatest obstacle to sound economic policy is not entrenched special interests or rampant lobbying, but the popular misconceptions, irrational beliefs, and personal biases held by ordinary voters. This is economist Bryan Caplan's sobering assessment in this provocative and eye-opening book.