I have long admired Gretchen Morgenson and cheered when she was awarded a Pulitzer. Perhaps this book in conjunction with her hard-hitting NY Times reporting will garner her another one. She deserves it. The authors echo my sentiments precisely in their introduction “…felt compelled to write this book because we are angry that the American economy was almost wrecked by a crowd of self-interested, politically influential and arrogant people who have not been held accountable for their actions.” And the people who did it “…continue, even now, to hold sway in the corridors of Wall Street and Washington.”
First, Juggernaut is a well thought out, level-headed, and refreshingly non-partisan look at the evolution of western political-economic thought from the 1500s and the discovery of the New World to the present. The author discusses Marxian critiques of capitalism, the School of Salamanca, robber-barrons and laissez-faire capitalism, the effects of the division of labor championed by Adam Smith, the interventionism of Keynes, the ascent of money as a preferred medium of exchange, the perils of interdependency created by a closed economic environment, and many more emotionally charged subjects with an admirably dispassionate tone. In each case equal time is given to the benefits and inherent problems of each of the ideas presented. This serves well to define the problems we face in the modern political and economic environment and to illustrate how the US and other developed nations got into their current messes and why there is such great difficulty in untangling them effectively. Continue reading “Review (Guest): Juggernaut — Why the System Crushes the Only People Who Can Save It”
A Gem–Easy to Read, A Foundation Book for World Brain and Global Game, May 22, 2011
I bought this book on a whim, sensing that despite its 1946 publication date it might be inspirational and I have been *very* glad to go through this. It was a half-century ahead of its time. This book, which does cite H.G. Wells and World Brain (Adamantine Classics for the 21st Century), is a wonderful core reading for any age including high school but certainly going all the way to PhD programs. I consider it a SUPERB start to any semester of dialog in this domain.
“Idiot America” is great, informative book about concepts we see everyday. Also, many of the 1-star reviews are likely biased because of some of the political and religious topics noted. I think this book is definitely a full, 5-star book.
The Following comments aren't meant to be particularly negative towards the United States and the concepts in this book aren't exclusive to the USA. The concepts in “idiot America” exist all over the entire world. “Idiot America” is a superbly covered account of something that's very prevalent in the US.
Charles Pierce provides the history of “cranks” (con artists and showmen) from the founding of the nation to current examples today in contemporary America. I focused on TV and Radio because of it's widespread impact on the populace today (even in the age of the growing Internet, which is becoming dominant). Much of TV and Talk Radio promote misinformation based on emotion, histrionics, shock, being loud, and over-the-top attempts to get ratings.
The author notes “The 3 Great Premises: and applies them to many instances in this book:
1. Any theory is valid if it moves units (rating, and making money).
2. Anything can be true if it is said loudly enough.
3. Fact is what enough people believe (the Truth is what you believe).
There are many examples in this book. Here are just a few:
Six Stars for Ron Paul's Consistent Constitution–50 one liners, May 10, 2011
I have read and reviewed earlier books by Ron Paul, such as The Revolution: A Manifesto and A Foreign Policy of Freedom: Peace, Commerce, and Honest Friendship. This book moves into a higher class (only 10% of the books I read and review get 6 Stars, see all my reviews in 98 categories at Phi Beta Iota the Public Intelligence Blog). I decided in this instance, thinking of Ron Paul as a viable Presidential candidate for the first time, to deconstruct the book down to 50 one liners. I offer these as a short form of the book, not a substitute for the real deal, but intended to help inspire more people to either buy the book, or absorb this free summary as we all try to break free of the corrupt two-party tyranny that fronts for a neo-fascist state.
Bottom line: liberty is a human condition diminished by a leviathan state.
Below: one line summary of each of the 50 chapters. See also the review by A. Maheshwari that I liked so much I cross-posted it to Phi Beta Iota for others to appreciate.
Paul's Greatest, Most Daring Book Yet A. Maheshwari April 19, 2011
Ron Paul continues the noble tradition of founders and thinkers such as Thomas Jefferson, Edmund Burke, James Burnham and Patrick Buchanan in social-political conditions of the 21st Century. The book is written in lucid, vital and free flowing style without any convoluted jargon. I purchased the kindle edition and finished the book in 3 hours with several re-readings of some chapters/paragraphs.
The stage is set in contemporary America, and the intended audiences are likely the young indoctrinated subservient Americans, victims of Washington DC. This book could be the conservative bible for next two decades to effect political renewal of a tired, beaten and declining America. It deals with Paul's unique approach as a practicing Christian, a conservative libertarian and a citizen statesman. The amoral and utopian aspects of left-libertarianism are absent in this book.
Indeed the word libertarian has been mentioned only 6 times in the text. In comparison, the word moral has been mentioned a good 109 times, and “liberty” occurs 191 times. The book emphasizes the true essence of Christianity and Christ as the prince of peace, not a messenger of aggressive/deceitful secular wars.
The writing is universal in its appeal so that a person from China, India, Africa, Islamic World or Europe will naturally relate to its contents. It defines the true meaning of Liberty, Equality and Fraternity, the three principles of humanity. It is applicable to all human societies and aggregates, not just America. It shows the essence of conservatism and social order and extensively deals with liberty's relationship with morality, religion and ethics.
The book is tabulated in 50 chapters and covers 5 principal themes:
Available for Pre-Order.Ā For the faction controlling the Pentagon, the military industry, and the oil industry, the Cold War never ended. They engineered an incredible plan to grab total control of the planet, of land, sea, air, space, outer space and cyberspace. Continuing ‘below the radar,' they created a global network of military bases and conflicts to advance the long-term goal of Full Spectrum Dominance. Methods included control of propaganda, use of NGOs for regime change, Color Revolutions to advance NATO eastwards, and a vast array of psychological and economic warfare techniques. They even used ‘save the gorilla' organizations in Africa to secretly run arms in to create wars for raw materials. It was all part of a Revolution in Military Affairs, as they termed it. The events of September 11, 2001 would allow an American President to declare a worldwide War on Terror, on an enemy who was everywhere, and nowhere. 9/11 justified the Patriot Act, the very act that destroyed Americans' Constitutional freedoms in the name of security. This book gives a disturbing look at the strategy of Full Spectrum Dominance, at what is behind a strategy that could lead us into a horrific nuclear war in the very near future, and at the very least, to a world at continuous war.
A Gem–Easy to Read, A Foundation Book for World Brain and Global Game, May 22, 2011
