Tragedy of Riches

Embarrassment of riches

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Login with your social network: Create Account Learn More. This book makes a passionate case that instead of accepting a status quo of dysfunctional modern economics we must now create a new, political settlement prepared to tackle the great issues of our age before it is too late. REVIEWS "While the Western world has managed to build great economic prosperity, it has not created great happiness or wellbeing, reconciled political conflicts, nor defended policymaking against globalization, argues the author, who contends that the riches of the Western world are in fact the cause of most of the Western world's problems.

Gettys - A Tragedy of Riches: Part 2

Disavowing any anti-capitalist intent, he combines political theory, history, and economic analysis to discuss how baby-boom politicians came to power in Europe and the United States and cemented a policy mix forged in the coming together of economic, welfare, and social liberalism which failed to produce an adequate political strand of fairness and civic renewal to the project. The Best Books of Check out the top books of the year on our page Best Books of Product details Format Paperback pages Dimensions x x Looking for beautiful books?

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The Gettys: A Tragedy Of Riches

As this book was in its final stages, violent riots broke out in numerous London boroughs and subsequently in other English cities. Shops were looted, cars and property vandalised and arson raised buildings to the ground.

Half of those arrested were under eighteen and many remained unrepentant, even proud of their actions. The lawlessness was greeted with shock and eventually political determination.

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But amid the coverage, debate and discussion which reverberated around the world, there was bewilderment as to why this had happened in a wealthy and stable democracy such as Britain. These pages will not address the reasons behind the riots but the intellectual fallout of events feeds directly into many of the themes of this book.

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These include excess, selfishness, entitlement, political malaise and undefined visions. It also contextualises the more uncertain world in which we find ourselves this side of the great recession.

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Europe and the United States breathed a sigh of relief as the world economy recovered post credit crunch and it seemed that our great riches, greedily accumulated over six decades, would be protected. But this only served to underline our misplaced faith in a system which is now ill-equipped to deal with our real needs in the second decade of the twenty first century.

Offering a critical analysis of our political system, this book argues that politicians over the past twenty years have squeezed our economic destiny and that the corresponding demise of ideology means that we have reached the limits of what can now be achieved without fundamental political change.

The purpose of this settlement is disintegrating and the book makes a passionate case that instead of the complacency of the last two decades we now need a new, political, settlement prepared to tackle the great issues of our age and once again broaden our economic destiny, before it is too late. The book describes how our single minded pursuit of prosperity has constrained politics from being a force for good.

The Gettys: A Tragedy Of Riches | Documentary Heaven

Instead we are faced with social dysfunction and widespread dissatisfaction ; a political system often incapable of reconciling competing demands. The book argues that our present policy prescriptions are unsustainable and, if we are to tackle the big and difficult issues of the new decade, politics and communities alike need to face up to this truth.

This is meant to be a provocative book which follows the baby boomers as they take full advantage of the golden age of capitalism and assume the political reigns. It follows the development of the mixed economic settlement, arguing that it was cemented by those baby boomers as they formed the most pragmatic of governments at the end of the cold war and shows that the new post baby boom generation of politicians are even more alike, more global in their outlook and even less ideologically driven.

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