Ferraris for All: In Defence of Economic Progress

Overview

The growth of the economy and the spread of prosperity are increasingly seen as problematic rather than positive—a trend Daniel Ben-Ami has termed “growth skepticism.” Prosperity is accused of encouraging greed, damaging the environment, causing unhappiness, and widening social inequalities. Ferraris for All is a rejoinder to the growth skeptics. Using examples from a range of countries, including the US, the author argues that society as a whole benefits from greater affluence....

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Ferraris for all: In defence of economic progress

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Overview

The growth of the economy and the spread of prosperity are increasingly seen as problematic rather than positive—a trend Daniel Ben-Ami has termed “growth skepticism.” Prosperity is accused of encouraging greed, damaging the environment, causing unhappiness, and widening social inequalities. Ferraris for All is a rejoinder to the growth skeptics. Using examples from a range of countries, including the US, the author argues that society as a whole benefits from greater affluence. Action is needed—but to increase abundance and spread it worldwide, not to limit prosperity, as the skeptics would have it. 
The lively and provocative hardback edition was published to widespread coverage in 2010, and triggered debate and dissent in equal measure. This much-anticipated paperback edition includes a vigorous response from the author to the spirited discussion provoked by its controversial arguments.

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Editorial Reviews

From the Publisher
Growth is one of the great issues of our time. Its benefits are manifest and anybody arguing against it will have to take on Ben-Ami's core opinions. Bryan Appleyard, Sunday Times

..an attractively readable, succinct and closely-argued optimistic exposition. Society of Business Economists

The global financial crisis has produced a fresh outpouring of growth scepticism: the idea that we would all be better off in a world without economic growth. Daniel Ben-Ami has provided a timely and thought-provoking reminder of why we need growth and the benefits that it brings. David Smith, Economics Editor, The Sunday Times"Daniel Ben-Ami is an important voice for reason and fact in our current economic debates. His book is a probing contribution to understanding the decisive way that economic growth helps everyone everywhere on the social ladder. Ben-Ami's style is incisive and entertaining, his argument crucial to understanding our present economic plight." Denis Dutton, Editor, Arts & Letters Daily

A good-humoured and spirited case for continued economic growth. Financial Times

Ben-Ami’s thinking and writing is spotlessly clear but unbendingly hard.......he makes a formidable, controversial case. GetAbstract

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Product Details

  • ISBN-13: 9781847423467
  • Publisher: Policy Press
  • Publication date: 7/14/2010
  • Pages: 310
  • Product dimensions: 5.60 (w) x 8.50 (h) x 1.10 (d)

Meet the Author

Daniel Ben-Ami has worked as a journalist specializing in economics and finance for twenty-five years, during which he has contributed to many national newspapers and specialist publications, including the Financial Times, Guardian, Independent, Prospect, Sunday Telegraph, and Sunday Times. He is the author of Cowardly Capitalism: The Myth of The Global Financial Casino.
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Table of Contents

List of figures, tables and boxes iv

List of abbreviations vi

Acknowledgements viii

Preface x

A note about the title xiii

1 Introduction 1

Part 1 The rise of growth scepticism

2 Polar opposites: supporters and opponents of growth 17

3 An indirect attack: the many forms of scepticism 31

4 Mainstream and elitist: the character of sceptic ideology 59

5 Narrowing horizons: why scepticism triumphed 73

Part 2 Counter-arguments

6 Better than ever: growth benefits humanity 95

7 Environment: subjugate nature 123

8 Happiness: conservatism in disguise 163

9 Inequality: development not restraint 191

10 Conclusion: abundance for all 231

Bibliography 237

Index 269

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Sort by: Showing 1 Customer Reviews
  • Posted March 24, 2011

    more from this reviewer

    A clear-minded defense of economic growth

    If you've ever felt guilty about the accoutrements of life in the developed world - plentiful cars, abundant food, cheap energy - economics and finance journalist Daniel Ben-Ami says to stop. He contends that society's elites are afflicted with wrongheaded ideas about how to improve the world. He argues that underprivileged countries desperately need capitalist growth to improve their people's lives, and that developed nations should try to help them boom, not weigh them down with self-denial programs. Ben-Ami's thinking and writing is spotlessly clear but unbendingly hard, and every once in a while he wanders off the path of logic. Nonetheless, he makes a formidable, controversial case. getAbstract suggests his book to corporate managers working on global outreach, economists, and big thinkers who want to ensure the invisible hand is outstretched for a leg up, not a slap in the face.

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