Economy

An economy (From Greek οίκος – "household" and νęμoμαι – "manage") is an area of the production, distribution, or trade, and consumption of goods and services by different agents in a given geographical location. Understood in its broadest sense, 'The economic is defined as a social domain that emphasizes the practices, discourses, and material expressions associated with the production, use and management of resources'. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two parties agree to the value or price of the transacted good ...more

Freakonomics: A Rogue Economist Explores the Hidden Side of Everything
Capital in the Twenty First Century
Why Nations Fail: The Origins of Power, Prosperity, and Poverty
An Inquiry into the Nature and Causes of the Wealth of Nations
Rich Dad, Poor Dad
Talking to My Daughter About the Economy: or, How Capitalism Works—and How It Fails
Debt: The First 5,000 Years
The Intelligent Investor
The Big Short: Inside the Doomsday Machine
Economics in One Lesson
The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness
The Shock Doctrine: The Rise of Disaster Capitalism
Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty
The Black Swan: The Impact of the Highly Improbable
The Road to Serfdom
Capitalist Realism by Mark FisherInventing the Future by Nick SrnicekBullshit Jobs by David GraeberPostcapitalism by Paul  MasonFour Futures by Peter Frase
FALC
47 books — 22 voters
Stony the Road by Henry Louis Gates Jr.The Half Has Never Been Told by Edward E. BaptistCaste by Isabel WilkersonThe Souls of Black Folk by W.E.B. Du BoisBlack Bourgeoisie by E. Franklin Frazier
Frontline Stereo Podcast
18 books — 3 voters


Noam Chomsky
Both political parties have moved to the right during the neoliberal period. Today’s New Democrats are pretty much what used to be called “moderate Republicans.” The “political revolution” that Bernie Sanders called for, rightly, would not have greatly surprised Dwight Eisenhower. The fate of the minimum wage illustrates what has been happening. Through the periods of high and egalitarian growth in the ‘50s and ‘60s, the minimum wage—which sets a floor for other wages—tracked productivity. That ...more
Noam Chomsky

Todor Bombov
This book was under arrest, along with its author. This event occurred on March 27, 1986. During that time, the totalitarian system in East Europe was called socialism and even by the scientific nonsense and absurd names of Communism and Communist system. In this system, the official ideology was allegedly Marxism, but really it could not endure any Marxist criticism. Since this “socialist” system was afraid of the weapon of criticism, it applied criticism of the weapon against its own citizens, ...more
Todor Bombov, Socialism Is Dead! Long Live Socialism!: The Marx Code-Socialism with a Human Face

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