Slouching Towards Utopia: An Economic History of the Twentieth Century

Slouching Towards Utopia

An Economic History of the Twentieth Century

2011 • 624 pages

Ratings8

Average rating3.8

15

This is a very long slog of describing how things were technologically and economically and how two competing ideas have shaped major idealogical forces in the twentieth century. The major take away I had from this one was brought up near the beginning. You have two economic ideas:

1) The market is perfect and man serves the market to drive the most efficient outcome in all cases. If there are troubles with the market, it is because someone hampered the market from being completely free. (Hyak)

2) People feel that they have rights and want things to be fair. Since these are both subjective concepts it is difficult for me to think about this being factual based, especially in this post-truth age. People will resist politically policies that they feel are violating their status quo or rights and/or result in things not being fairly allocated.

This book walked through the long century of economic growth with these as the filter with which to view events. I went through it once, but if you really wanted to absorb the details you'd have to revisit it. It's very long and a little detailed.

December 19, 2024Report this review