MICK MCSHANE is roused by a band whose socialism laces every line of every song with commitment and raw passion
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How the wealth of the few is maintained
WILL PODMORE is intrigued by an analysis of capital that emphasises the deadening impact of financialisation on the US and UK economies
WHERE ALL THAT IS SOLID MELTS INTO AIR: London HQ of HSBC, the largest Europe-based bank by total assets, 8 Canada Square, Canary Wharf, London
New releases from Mountain, Soul Asylum and Michael McDermott
ALEX HALL is disgusted by the misuse of ‘emotional narratives’ to justify uninformed geo-political prejudice
SUE TURNER welcomes a thoughtful, engaging book that lays bare the economic realities of global waste management
JOHN GREEN welcomes an insider account of the achievements and failures of the transition to democracy in Portugal
SIMON PARSONS applauds an imaginative and absorbing updating of Strindberg’s classic
PETER MASON is enthralled by an assembly of objects, ancient and modern, that have lain in the mud of London’s river
Endgame: economic nationalism and global decline
Jamie Merchant, Reaktion, £15.95
JAMIE MERCHANT is media director for the Center for Progressive Strategy. He depicts the decline of capitalism, focusing on the US and British economies.
US real growth per head averaged 2.3 per cent from 1953 to 1973, 2 per cent from 1973 to 2007, and 0.7 per cent from 2007 to 2019. From 1950 to 1973, the world economy grew on average by 2.92 per cent per head, by 1.8 per cent from 1973 to 1990, then by 1.5 per cent, down to 1.2 per cent in 2019.
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The phrase “cruel to be kind” comes from Hamlet, but Shakespeare’s Prince didn’t go in for kidnap, explosive punches, and cigarette deprivation. Tam is different.
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