The age of insecurity /
Larry Elliott and Dan Atkinson.
London ; New York : Verso, 1999, c1998.
xiv, 336 p.
More Details
added author
London ; New York : Verso, 1999, c1998.
catalogue key
Includes bibliographical references (p. 313-319) and index.
A Look Inside
About the Author
Author Affiliation
Larry Elliott is the Economics Editor for the Guardian (London). Dan Atkinson is a reporter for the Guardian.
Full Text Reviews
Appeared in Choice on 1998-12:
At the heart of this book is a very important and controversial idea. The unregulated market contains important contradictions that make it an unstable foundation on which to build a global society. Perhaps we have gone too far in embracing the market. Perhaps it is time to reconsider the meaning of freedom and the importance of security versus wealth in human affairs. This important idea is presented and discussed in a very uneven fashion, however. Sometimes the authors, who edit and write for the British newspaper the Guardian, are almost scholarly in their analysis, while at other times the reader would think they were writing for the British tabloid The Sun. The result is not bad so much as it is frustrating. One wishes that the dangers of global markets were presented here as vividly as they were in William Greider's polemic One World, Ready or Not (1997), or that the case for the state were made as thoughtfully as in Will Hutton's The State We're In (London, 1995). In any case, a more consistent marriage of style and content would at least help one know who is the intended audience. Very few notes and no bibliography. Public library collections. M. Veseth; University of Puget Sound
Appeared in Publishers Weekly on 1998-04-27:
This visionary leftist critique of the "new world order" argues that notwithstanding the apparent triumph of big business values from the late 1970s to the present, the resulting free-market, globalized economic system is a failure, producing ever-increasing insecurity and marginalization for the average worker. Elliott, economics editor for the Guardian, and Atkinson, a Guardian reporter, forcefully document the extent to which the middle class has been ravaged by downsizing, vanishing career ladders, growing consolidation of economic power by large firms and low-paid, part-time or home-based work. In their assessment, both Clinton's Democratic centrism and Tony Blair's Labour Party program in Britain offer largely cosmetic reforms but leave essentially intact a laissez-faire capitalism that primarily serves the needs of multinational corporations and a privileged technocratic elite. Calling for a "green Keynesianism," the authors boldly advocate fairer distribution of income both within and between countries; reinvestment in community services; price controls on essential goods and services to benefit the poor at the expense of wealthier consumers; restraints on transnational capital flows; and development of technologies to heal environmental wounds. They weave in a freewheeling cultural history of postwar Britain. Despite the mostly British frame of reference, their study will engage American readers. (June) (c) Copyright PWxyz, LLC. All rights reserved
Bowker Data Service Summary
Elliott and Atkinson provide a coruscating argument for government to turn rapidly developing surveillance technology and strictures concerning ethics away from the citizen and on to a financial system that is making society ever more precarious.
Main Description
We live in an era in which the culture and values of big business are dominant. The riptides of capital swirl around the globe ruining entire economies overnight. Directors and chief executives cash in stock options for unimaginable fortunes while whole workforces are "downsized" as companies relocate at a whim. Environmental degradation escalates as the earth's resources are looted. The dream of worldwide prosperity and peace is given the lie from Kosovo to the Congo, from the drug baronies of South America to the criminal empires of the former Soviet Union. Welcome to the Age of Insecurity. In the face of this slow-motion global coup d'etat by untrammelled finance, traditionally left leaning parties now in power have abandoned their concern with regulating business for a compulsive and self-righteous moralism; the Blair government stands as a perfect exemplar in this trend. In the coruscating argument the authors make a plea for government to turn strictures concerning ethics away from the citizen and on to a financial system that is making our society ever more precarious. Since the publication of the hardback of "The Age of Insecurity" in May 1998 events have conspired to validate the author's argument. In a new preface and afterword Elliott and Atkinson draw out the lessons to be learned from the hedge-fund crisis, the disintegration of the rouble and the spreading of economic turmoil in Latin America. "The Age of Insecurity" is, more than ever, a vital and radical tract for our times.
Unpaid Annotation
Argues that today's government should redirect its attention from controlling the lives and morals of citizens to controlling a financial system that is making society ever more precarious.
Table of Contents
Preface: The Age of Insecurityp. vii
Preface to the Paperback Edition: The View from 1999p. ix
Introduction: Happy Christmas, War is Overp. 1
Right On: The Rise and Fall of Enterprise Culturep. 15
Cash is Fact or How I Learned to Stop Worrying and Love Big Businessp. 56
System Failure: The Free Market under Battle Conditionsp. 86
A Longing Look Abroad (1): The British Left and the United Statesp. 133
A Longing Look Abroad (2): The British Left and the European Unionp. 158
No Highway: The Left's Mystery Tour down Two Blind Alleysp. 189
Let's Hear It for Karl Marx: Inequality and Instability in the Market Orderp. 219
The Big Alternativep. 245
The Age of Securityp. 293
Afterword to the Paperback Edition: Any Day Now: Beyond the Age of Insecurityp. 295
Notesp. 313
Indexp. 321
Table of Contents provided by Syndetics. All Rights Reserved.

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