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Supercapitalism: The Transformation of Business, Democracy, and Everyday Life (Borzoi Books)

Robert B. Reich

Supercapitalism: The Transformation of Business, Democracy, and Everyday Life (Borzoi Books) Robert B. Reich Amazon Price: $16.50
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By: Knopf
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Customer Reviews:
Total reviews: 54 Average rating: 4.5 of 5

Editorial Review:

From the greatly admired author of The Work of Nations and The Future of Success, one of America's greatest economic and political thinkers as well as a distinguished public servant in three national administrations, a breakthrough book on the clash between capitalism and democracy.

Mid-twentieth-century capitalism has turned into global capitalism, and global capitalism—turbocharged, Web-based, and able to find and make almost anything just about anywhere—has turned into supercapitalism. But as Robert B. Reich makes clear in this eye-opening book, while supercapitalism is working wonderfully well to enlarge the economic pie, democracy—charged with caring for all citizens—is becoming less and less effective under its influence.

Reich explains how widening inequalities of income and wealth, heightened job insecurity, and the spreading effects of global warming are the logical outcomes of supercapitalism. He shows us why companies, fighting harder than ever to maintain their competitive positions, have become even more deeply involved in politics; and how average citizens, seeking great deals and invested in the stock market to an unprecedented degree, are increasingly loath to stand by their values if it means biting the hands that feed them. He makes clear how the tools traditionally used to temper America's societal problems—fair taxation, well-funded public education, trade unions—have withered as supercapitalism has burgeoned.

Reich sets out a clear course to a vibrant capitalism and a concurrent, equally vibrant democracy. He argues forcefully that the spheres of business and politics must be kept distinct. He calls for an end to the legal fiction that corporations are citizens, as well as the illusion that corporations can be "socially responsible" until laws define social needs. Reich explains why we must stop treating companies as if they were people—and must therefore abolish the corporate income tax and levy it on shareholders instead, hold individuals rather than corporations guilty of criminal conduct, and not expect companies to be "patriotic." For, as Reich says, only people can be citizens, and only citizens should be allowed to participate in democratic decision making.

Currency Trading For Dummies (For Dummies (Business & Personal Finance))

Mark Galant, Brian Dolan

Currency Trading For Dummies (For Dummies (Business & Personal Finance)) Mark Galant, Brian Dolan Amazon Price: $16.49
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By: For Dummies
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Customer Reviews:
Total reviews: 13 Average rating: 4.5 of 5

Currency Trading For Dummies 5 out of 5 stars.
5 of 6 people found this review helpful.

This is the book that every Forex trader new and experienced should have in their library. I have been trading on an off for a couple of years and learned more by reading this book in a couple of weeks than I learned reviewing info from dozens of sources. The authors are outstanding and experts in their field and I now am better armed to do battle in the forex market.

Editorial Review:

Features forex market guidelines and sample trading plans

The fun and easy way to get started in currency trading

Want to capitalize on the growing forex market? This nuts-and-bolts guide gives you a step-by-step action plan for understanding and trading the forex market. It offers practical guidance and savvy tips in everything from comprehending currency quotes to using leverage, trading with fundamentals, and navigating technical analysis.

  • Identify trading opportunities
  • Understand what drives the market
  • Choose a trading broker
  • Execute a successful trade
  • Minimize risk and maximize profit
  • Analyze currency charts

The Fair Tax Book: Saying Goodbye to the Income Tax and the IRS

Neal Boortz, John Linder

The Fair Tax Book: Saying Goodbye to the Income Tax and the IRS Neal Boortz, John Linder Amazon Price: $10.17
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By: Harper Paperbacks
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Customer Reviews:
Total reviews: 1542 Average rating: 3.0 of 5

Editorial Review:

Wouldn't you love to abolish the IRS ...
Keep all the money in your paycheck ...
Pay taxes on what you spend, not what you earn ...
And eliminate all the fraud, hassle, and waste of our current system?

Then the FairTax is for you. In the face of the outlandish American tax burden, talk-radio firebrand Neal Boortz and Congressman John Linder are leading the charge to phase out our current, unfair system and enact the FairTax Plan, replacing the federal income tax and withholding system with a simple 23 percent retail sales tax on new goods and services. This dramatic revision of the current system, which would eliminate the reviled IRS, has already caught fire in the American heartland, with more than six hundred thousand taxpayers signing on in support of the plan.

As Boortz and Linder reveal in this first book on the FairTax, this radical but eminently sensible plan would end the annual national nightmare of filing income tax returns, while at the same time enlarging the federal tax base by collecting sales tax from every retail consumer in the country. The FairTax, they argue, would transform the fearsome bureaucracy of the IRS into a more transparent, accountable, and equitable tax collection system. Among other benefits, it will:

  • Make America's tax code truly voluntary, without reducing revenue
  • Replace today's indecipherable tax code with one simple sales tax
  • Protect lower-income Americans by covering the tax on basic necessities
  • Eliminate billions of dollars in embedded taxes we don't even know we're paying
  • Bring offshore corporate dollars back into the U.S. economy

Endorsed by scores of leading economists and supported by a huge and growing grassroots movement, the FairTax Plan could revolutionize the way America pays for itself. In this straight-talking book, Neal Boortz and John Linder show you how it would work—and how you can help make it happen.

Greenspan's Bubbles: The Age of Ignorance at the Federal Reserve

William Fleckenstein, Fred Sheehan

Greenspan's Bubbles: The Age of Ignorance at the Federal Reserve William Fleckenstein, Fred Sheehan Amazon Price: $14.93
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By: McGraw-Hill
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Customer Reviews:
Total reviews: 38 Average rating: 4.0 of 5

Editorial Review:

No matter who you are-investor, trader, homeowner, 401(k) holder, or CEO-you are bound to feel the impact of Alan Greenspan's �Age of Ignorance� for years to come.

. .

According to MSN Money columnist William A. Fleckenstein, Greenspan's nearly 19-year career as Federal Reserve Chairman is even worse than anyone imagined. Labeled �Mr. Bubble� by the New York Times, Greenspan was nothing less than a serial bubble blower with a long history of bad decision-making. His famous �Greenspan Put� fueled the perception of a Goldilocks economy-but, as this explosive expos� reveals, the bear has finally caught up with Goldilocks.

. .

Using transcripts of Greenspan's FOMC meetings as well as testimony before Congress, this eye-opening book delivers a timeline of his most devastating mistakes and weaves together the connection between every economic calamity of the past 19 years:

.
    .
  • The stock market crash of 1987.
  • The Savings And Loan crisis.
  • The collapse of Long Term Capital Management.
  • The tech bubble of 2000.
  • The feared Y2K disaster.
  • The credit bubble and real estate crisis of 2007.
.

Fleckenstein explains just how far-reaching Greenspan's mess has been flung, and presents damning evidence that contradicts the former Fed chief's public naivet� concerning shifts in the market and economy. He also points to a disturbing fact, that throughout his career, Greenspan not only made costly mistakes, but made the same ones-over and over again. And not only was he never able to recognize or admit to those mistakes, he constantly rewrote his own history to justify them.

. .

Greenspan's Bubbles offers a lock-stock-and-barrel portrait of a flawed but fascinating man whose words and actions have led a whole generation astray, and whose legacy will continue to challenge us in the years ahead.

. . .

The End of Poverty: Economic Possibilities for Our Time

Jeffrey Sachs

The End of Poverty: Economic Possibilities for Our Time Jeffrey Sachs Amazon Price: $11.56
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By: Penguin (Non-Classics)
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Customer Reviews:
Total reviews: 116 Average rating: 4.0 of 5

Insightful and inspiring perspective on one of the great opportunities of our generation 4 out of 5 stars.
2 of 2 people found this review helpful.

Jeffrey Sachs uses his broad knowledge to frame the context of a call for action to end extreme poverty in our generation. He demonstrates through detailed statistical comparisons the evolution of the widening gap of economic opportunity between the world's regions, and provides interesting narrative examples to support his conclusions.

Although the statistics sometimes are mind-numbing, Sachs does a good job of creating graphical representations in the form of world maps, which serve to educate the reader and demonstrate the often overlooked connections between health, education and economic development. He has "done his homework" in providing a wealth of historic perspectives on the problems we observe in today's economy.

Sachs uses his groundwork effectively as a springboard to inspire our thinking about how we can help create a better world by doing relatively simple things. Again, he uses the narrative to demonstrate how small amounts of money, medicine or appropriate technologies, delivered to the point of need, can make a huge difference in the outcomes for people living in or near extreme poverty.

Editorial Review:

A landmark exploration of the way out of extreme poverty for the world’s poorest citizens

Among the most eagerly anticipated books of any year, this landmark exploration of prosperity and poverty distills the life work of an economist Time calls one of the world’s 100 most influential people. Sachs’s aim is nothing less than to deliver a big picture of how societies emerge from poverty. To do so he takes readers in his footsteps, explaining his work in Bolivia, Russia, India, China, and Africa, while offering an integrated set of solutions for the interwoven economic, political, environmental, and social problems that challenge the poorest countries. Marrying passionate storytelling with rigorous analysis and a vision as pragmatic as it is fiercely moral, The End of Poverty is a truly indispensable work.

Fixing Global Finance (Forum on Constructive Capitalism)

Martin Wolf

Fixing Global Finance (Forum on Constructive Capitalism) Martin Wolf Amazon Price: $16.47
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By: The Johns Hopkins University Press
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Customer Reviews:
Total reviews: 2 Average rating: 4.5 of 5

Editorial Review:

The latest book from Financial Times columnist Martin Wolf explains why global imbalances cause financial crises -- including the one ravaging the United States right now -- and outlines the steps for ending this destructive cycle.

Reviewing global financial crises since 1980, Wolf lays bare the links between the microeconomics of finance and the macroeconomics of the balance of payments, demonstrating how the subprime lending crisis in the United States fits into a pattern that includes the economic shocks of 1997, 1998, and early 1999 in Latin America, Russia, and Asia. He explains why the United States is now the "borrower and spender of last resort," makes the case that this is an untenable arrangement, and argues that global economic security depends on the ability of emerging economies to develop robust financial systems based on domestic currencies.

Sharply and clearly argued, Wolf's prescription for fixing global finance illustrates why he has been described as "the world's preeminent financial journalist."

The New Economic Disorder: Strategies for Weathering Any Crisis While Keeping Your Finances Intact

Larry Bates

The New Economic Disorder: Strategies for Weathering Any Crisis While Keeping Your Finances Intact Larry Bates Amazon Price: $10.19
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By: Excel Books

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Customer Reviews:
Total reviews: 5 Average rating: 4.0 of 5

Best expose on the "real" economy in years! 5 out of 5 stars.
34 of 38 people found this review helpful.

Dr. Bates really exposes the truth behind our currency and banking system and how it affects all of us in our daily lives. This is a must read for all trying to make heads or tails of the turmoil in our economy today. While it was written five years ago, the information and basic principles it uncovers are timeless and will be as true one hundred years from now as they are today. If you are concerened for your financial future or that of future generations, you will find solutions to the economic problems that we are facing today. For those who need to know what to do to protect their hard-earned assets, this is again, a must read.
I am impressed with this book and recommend that every household read a copy. It should be required reading for all business and economic majors.

I THANK GOD FOR THIS BOOK AND THE KNOWLEDGE HE GAVE L. BATES 5 out of 5 stars.
23 of 37 people found this review helpful.

THIS BOOK EXSPOSES FED.RESERVE,OUR GOVN'T,BANKS AND ETC. IF YOU ARE A CHRISTIAN THIS BOOK IS REVEALED IN THE BIBLE. SOME FOLKS MIGHT THINK THIS BOOK IS A JOKE BUT THEY ALSO THOUGHT NOAH WAS A JOKE ABOUT THE FLOOD. DO THE INVESTIGATION YOURSELF?

Editorial Review:

In this startling expose of the financial wipeout he believes is prophesied in the Bible, economist Larry Bates shows how you can get your finances in order for the coming troubled times.

Common Wealth: Economics for a Crowded Planet. Jeffrey D. Sachs

Common Wealth: Economics for a Crowded Planet. Jeffrey D. Sachs Amazon Marketplace: 26 new & used starting at $25.61

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Customer Reviews:
Total reviews: 23 Average rating: 4.5 of 5

Worst book I've read in years 1 out of 5 stars.
2 of 6 people found this review helpful.

This was a complete and total waste of my time. I actually think I may be dumber as a result of reading it. There are virtually no facts or studies cited in this book. He attempts to make historical references to provide basis to some of his opinions (that he presents more or less as if they are facts) but the causation is never clear. I think a book of this type needs to be written, but it obviously needs to be written by someone other than Jeffrey Sachs. He is just smart enough to be dangerous.

REVIEW THE BOOK COMMON WEALTH, J SACHS 5 out of 5 stars.
1 of 5 people found this review helpful.

IT IS A VERY INTERESTING BOOK ESPECIALLY BECAUSE IT DEALS WITH AN IMPORTANT AND VERY RECENT ISSUE: SUSTAINABLE DEVELOPMENT. IT IS NOT EASY TO FIND BIBLIOGRAPHY ON THAT.

Common Wealth 5 out of 5 stars.
1 of 1 people found this review helpful.

I found this book to be an excellent read. If our nation and world would use some of the ideas presented in the book, we would have a much better planet. I plan on doing what I can to better our world, small steps, one day at a time.

Common Wealth 5 out of 5 stars.
1 of 3 people found this review helpful.

An excellent book by a truly authoritative author, this book even proposes solutions to many of the world-wide problems.

Financial Armageddon: Protecting Your Future from Four Impending Catastrophes, Revised and Updated Edition

Michael J. Panzner

Financial Armageddon: Protecting Your Future from Four Impending Catastrophes, Revised and Updated Edition Michael J. Panzner Amazon Price: $11.53
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Customer Reviews:
Total reviews: 35 Average rating: 4.0 of 5

Editorial Review:

From desperate interest rate cuts and chaos in global financial markets to the sub-prime mortgage crisis and a fast-crumbling tower of public and private debt, Wall Street insider Michael J. Panzner exposes the cracks in the dike, the looming economic threats, and the vast array of promises and obligations that will ultimately go unfulfilled.

How did we get to this place, and how can we protect ourselves from the fallout?

This revised and updated edition features a new introduction by the author on the predictions that have come to pass since the book was first published. It also provides a financial bomb shelter for every American by identifying the most pressing risks we face today as well as what we can do to survive the crisis:

  • How an unraveling economy will affect each one of us
  • When to sell, what to buy, and where to invest as the crisis unfolds
  • The social, political, and geopolitical fallout from widespread financial upheaval

Everyone must learn of the disaster-in-the-making so they can protect themselves, their families, and their economic well-being—before it's too late. Financial Armageddon is today’s call to action.

Irrational Exuberance

Robert J. Shiller

Irrational Exuberance Robert J. Shiller Amazon Price: $10.85
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By: Doubleday Business
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Customer Reviews:
Total reviews: 88 Average rating: 4.0 of 5

Editorial Review:

In this timely and prescient update of his celebrated 2000 bestseller, Robert Shiller returns to the topic that gained him international fame: market volatility. Having predicted the stock market collapse that began just one month after the first edition was published, he now expands the book to cover other markets that have become volatile, particularly the recently red-hot housing market. He includes a full chapter on domestic and international housing prices in historical perspective.

Shiller amasses impressive evidence to support his argument that the recent housing market boom bears many similarities to the stock market bubble of the late 1990s, and may eventually be followed by declining home prices for years to come. After stocks plummeted when the bubble burst in 2000, investors moved their money into housing. This precipitated the inflated real estate prices not only in America but around the world, Shiller maintains. Hence, irrational exuberance did not disappear—it merely reappeared in other settings.

Building on the original edition, Shiller draws out the psychological origins of volatility in financial markets, this time folding real estate into his analysis. He broadens the evidence that investing in capital markets of all kinds in the modern free-market economy is inherently unstable—subject to the profoundly human influences captured in Alan Greenspan’s now-famous phrase, “irrational exuberance.” As was true of its predecessor, the second edition of Irrational Exuberance is destined to be widely read, discussed, and debated.

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