The Price of Civilization: Reawakening American Virtue and Prosperity

The Price of Civilization: Reawakening American Virtue and Prosperity

4.3 21
by Jeffrey D. Sachs
     
 

ISBN-10: 140006841X

ISBN-13: 9781400068418

Pub. Date: 10/04/2011

Publisher: Random House Publishing Group

For more than three decades, Jeffrey D. Sachs has been at the forefront of international economic problem solving.  But Sachs turns his attention back home in The Price of Civilization, a book that is essential reading for every American. In a forceful, impassioned, and personal voice, he offers not only a searing and incisive diagnosis of our…  See more details below

Overview

For more than three decades, Jeffrey D. Sachs has been at the forefront of international economic problem solving.  But Sachs turns his attention back home in The Price of Civilization, a book that is essential reading for every American. In a forceful, impassioned, and personal voice, he offers not only a searing and incisive diagnosis of our country’s economic ills but also an urgent call for Americans to restore the virtues of fairness, honesty, and foresight as the foundations of national prosperity.

As he has done in dozens of countries around the world in the midst of economic crises, Sachs turns his unique diagnostic skills to what ails the American economy. He finds that both political parties—and many leading economists—have missed the big picture, offering shortsighted solutions such as stimulus spending or tax cuts to address complex economic problems that require deeper solutions. Sachs argues that we have profoundly underestimated globalization’s long-term effects on our country, which create deep and largely unmet challenges with regard to jobs, incomes, poverty, and the environment. America’s single biggest economic failure, Sachs argues, is its inability to come to grips with the new global economic realities.

Yet Sachs goes deeper than an economic diagnosis. By taking a broad, holistic approach—looking at domestic politics, geopolitics, social psychology, and the natural environment as well—Sachs reveals the larger fissures underlying our country’s current crisis. He shows how Washington has consistently failed to address America’s economic needs. He describes a political system that has lost its ethical moorings, in which ever-rising campaign contributions and lobbying outlays overpower the voice of the citizenry. He also looks at the crisis in our culture, in which an overstimulated and consumption-driven populace in a ferocious quest for wealth now suffers shortfalls of social trust, honesty, and compassion.

Finally, Sachs offers a plan to turn the crisis around. He argues persuasively that the problem is not America’s abiding values, which remain generous and pragmatic, but the ease with which political spin and consumerism run circles around those values. He bids the reader to reclaim the virtues of good citizenship and mindfulness toward the economy and one another. Most important, he bids each of us to accept the price of civilization, so that together we can restore America to its great promise.  

The Price of Civilization is a masterly road map for prosperity, founded on America’s deepest values and on a rigorous understanding of the twenty-first-century world economy.

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Product Details

ISBN-13:
9781400068418
Publisher:
Random House Publishing Group
Publication date:
10/04/2011
Pages:
336
Product dimensions:
9.52(w) x 6.48(h) x 1.00(d)

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The Price of Civilization: Reawakening American Virtue and Prosperity 4.3 out of 5 based on 0 ratings. 21 reviews.
Chandlerjr More than 1 year ago
Every 25 - 30 years, a book is written, that could change American Society. I just finished reading such a book. The book is "The Price Of Civilization" by Jeffrey Sachs. The first sentence grabbed me: "At the root of America's economic crisis lies a moral crisis: the decline of civic virtue among America's political and economic elite." Professor Sachs' vast experience, in International Economics, and helping other countries solve their economic problems, gave him the insight to diagnose, and provide solutions to America's current crisis of confidence in its institutions. L. Chandler
Amanda_L More than 1 year ago
Jeffrey Sachs is one of the most brilliant and experienced economic minds in the country. His newest novel draws on his years of experience working with foreign governments, and really drives to the heart of what we are experiencing in America today - "a moral crisis". I love how he uses facts from actual surveys to show that the American people are more aligned than the media presents on issues. His material is well researched, he presents his arguments soundly and - SURPRISE - without making it boring and unreachable. Anyone could read this book and understand exactly what his stance is. A must read for everyone in this country, but especially the politicians and businesses that are driving our country down a dangerous path.
Tom Graves More than 1 year ago
Every American, indeed every citizen of the world interested in advancing justice, compassion and prosperity with sustainability for future generations, should read and share as broadly as possible the author's informed ideas. Most importantly, please answer this clear, urgent, and lucidly expressed clarion call to action I believe the author is again due our collective thanks!
Anonymous More than 1 year ago
Important information! I wish our society could see with the clarity of Mr. Sachs and act accordingly.
Anonymous More than 1 year ago
YotSlot More than 1 year ago
I say "an economist" because this book treats most moral and tricky areas of American society from the lens of an economist, which may not be the best view of the situation. It does, however, help to see the facts behind various divides, especially the income gap in this country, something tailored to the talents of Sachs. At times a basic economics lesson, at times a political call to arms, this book adequately describes most of what is wrong with the country, while providing some provocative, if not very useful, solutions.
Anonymous More than 1 year ago
jsavellijr More than 1 year ago
Macro economics can be confusing to say the least Jeffery Sacks explains the % of GDP as it relates to previous years and decades. If his solution suggestions were followed we The U.S. could climb out of the hole we've dug ourselves. No more blame game. If we don't have a workable solution, then we're making the problem worse.. A true solution path.
mpsarch More than 1 year ago
This is a great accompaniment to the other piece I am reading by Howard Zinn.
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