ksdambro's review against another edition

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2.0

Not necessarily fair to give 2 stars as I didn't read the whole book. As I often do with current nonfiction, I read the intro and the conclusion to get the gist of the idea. Many good ideas offered here.

nessiethegreat's review against another edition

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4.0

TBH I kind of skimmed and picked/chose a few chapters to read in full. This book is interesting, eye-opening, and well researched but economics can only hold my interest for so long. I still highly recommend this book though!

chazzerguy's review against another edition

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2.0

I don't disagree with the premise of the book or any of the conclusions. But life is too short to read books that just are not enjoyable. This one is just a litany of stats, facts, and figures. It reads like a textbook. This is the second time this years I have thought "Maybe this bit of social commentary will be different... Will be GOOD."

Yeah, it's not. The chapters are long, ponderous, eye glazing screeds. I just cannot subject myself to this, so I am bailing out.

radbear76's review against another edition

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4.0

The author puts forward some interesting and thought provoking ideas.

ingvilds's review against another edition

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4.0

This took my quite a while to finish, mainly because weeks went by where I didn't read this book at all, and my knowledge on economics is not very good so I did a lot of additional research while reading. I wanted a better understanding of economics and politics, and to improve my arguments for a more equal society, which I think I have accomplished by reading this book.

0x5d's review

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5.0

Un libro aterrador que abre los ojos a la forma como las grandes compañías y sus dirigentes han corrompido la democracia estadounidense. Me parece aterrador porque muchos otros países están copiando su molde. Sin embargo, me parece un libro indispensable para aprender a identificar las prácticas y políticas depredadoras que los empresarios han ayudado a establecer, como la búsqueda de rentas, así como los argumentos vacíos que utilizan los políticos para justificarlas, tales como la "teoría del goteo", la inflación, la libertad de los mercados, entre otros. Conocerlas es el primer paso para hacerles frente.
Si bien es un libro denso, Stiglitz hace un muy buen trabajo al describir cada concepto, de modo que el ciudadano del común pueda entenderlo. Es un esfuerzo heróico que seguro le ha costado personalmente. Nuestra parte es leerlo para no seguir en una espiral descendiente.

joestewart's review against another edition

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3.0

I couldn’t finish it. Partly because it was depressing but it also felt unstructured, rambling. I’m not a trained economist, but I am familiar with the macroeconomic concepts, so the organization of the block didn’t help me understand a way forward.

banandrew's review against another edition

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3.0

3.5/5

Pros:
- The last 41% of the book is notes and references. Always a good sign.
- Joseph Stiglitz is incredibly knowledgeable and does a good job of bringing economic concepts to readers not versed in the subject without dumbing it down. At very least, I didn't feel patronized by the subject appearing watered down, though someone more knowledgeable might disagree.
- Very recent. Published this summer, and incredibly relevant right now.

Cons:
Unnecessarily long---not because he has a ton of material (though it is a lot), but more because he has a tendency to repeat himself (to the point of being patronizing). I can understand closing a chapter by quickly reviewing what that chapter covered, but every section of every chapter would also recap by reminding the reader of all previous sections they just read from that same chapter. His last chapter (aka "how to fix all the problems introduced in ch. 1-9") could have mostly been replaced with "take all of the bad practices I described that are happening and do the opposite of them."

The book starts out slowly, especially if you even moderately keep up with current events (i.e. the Occupy movement, the housing bubble and generally its main causes, numbers about how large inequality is right now), but really picks up around ch. 4/5 and is an easier read from there until the end. Stiglitz even goes so far as to do look more like bring in topics like social capital to describe the current economic situation. Interesting book from a qualified and accomplished man and probably worth your time to read.

bootman's review against another edition

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5.0

I heard Joseph Stiglitz was a progressive economist who criticizes capitalism, and I was sold. I bought a few of his books, and this one was the first I checked out, and it didn’t disappoint. Stiglitz does an amazing job breaking down how capitalism has had runaway inequality in the United States and how it’s affecting 99% of us as well as the world as a whole. I’ve read quite a few books like this, and this one is one of the best. Economists can write in a way that’s difficult to understand, but Stiglitz made this book accessible to anyone looking to learn more about why we need to reform our current systems to make this country a bit more equal.

szachary's review against another edition

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4.0

An outstanding precursor to Piketys Capital in the 21st Century. A dense read with a ton to think about. My own complaint is his opinion of tax reforms and the entire last chapter which spoke like an academic speaking of political issues for which he has zero exposure.
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