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Slouching Towards Utopia PDF Book Summary
Slouching Towards Utopia book summarizes, Before 1870, humanity lived in dire poverty, with a slow crawl of invention offset by a growing population. Then came a significant shift: invention sprinted forward, doubling our technological capabilities each generation and utterly transforming the economy again and again. Our ancestors presumed we would have used such powers to build a utopia. But it was not so. When 1870–2010 ended, the world instead saw global warming, economic depression, uncertainty, inequality, and broad rejection of the status quo.
Economist Brad DeLong’s Slouching Towards Utopia tells how this unprecedented explosion of material wealth occurred, how it transformed the globe, and why it failed to deliver us to utopia. Of remarkable breadth and ambition, it reveals the last century to have been less a march of progress than a slouch in the right direction.
Slouching Towards Utopia pdf is a brilliant and essential book. It offers an original and penetrating analysis of what its author calls ‘the long twentieth century,’ the period of unprecedented economic advance that began roughly in 1870 and ended, he asserts, in 2010. Material abundance is poured upon humanity. Previous generations would have thought such wealth to be a guarantee of utopia. Yet the age of material progress has ended not in a paradise but in recrimination and discord. No book has explained the successes and failures of this extraordinary period with comparable insight.
History provides the only data we have for charting a course forward in these turbulent times. I have not seen a more revealing and illuminating book about economics and what it means in a very long time. Slouching Towards Utopia should be required reading for anybody who cares about the future of the global system, and that should be everyone.
The author conveys a wealth of information in elegant, accessible prose, combining great, epochal perspectives with fascinating discussions on everything from alternating-current electricity to the gender wage gap. The result is a compelling interpretation of economic modernity that illuminates its nigh-miraculous achievements and its seething discontents.
An intellectually exciting and entertaining gallop along the arc of twentieth-century economic history. Brad DeLong puts together the puzzle of the past to tell a story of remarkable achievements and setbacks. A great way to understand the forces that have shaped the world today
Details of Slouching Towards Utopia PDF Book
|Book Name:||Slouching Towards Utopia: An Economic History of the Twentieth Century|
|Author:||J. Bradford DeLong|
|Release Date:||September 6, 2022|
About the Author
J. Bradford DeLong, an economic historian, is a professor of economics at the University of California, Berkeley. He was a deputy assistant secretary of the U.S. Treasury during the Clinton administration. He writes a widely read economics blog, now at braddelong.substack.com. He lives in Berkeley, California.
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