Hi Virtually Readers! Uni has started again for me properly and I am extremely busy and trying to figure out how to keep fitting Virtually Read into my life. I’m also panicked that I’m going to stop loving reading somehow, but that seems stupid, right? Does anyone else ever feel that way? I wrote an article about how to read and study at the same time and feel like a bit of a hypocrite because I’m not very good at following this advice. Anyway, I’ve been thinking lots about the economy because it matters a lot and also needs a total restructure because capitalism really sucks (this is what you learn at university). I like to read economics books because I feel like that helps me to understand the financial system better. So this edition of Fiction-Non-Fiction recommendations is themed around the economy!
Okay, full disclosure: I’m not actually done reading Sacred Economics. I’m about a third of the way through. It’s a book about why the economy is broken, and how it is set up in systems which perpetuates injustice and inequality. Beyond that, Sacred Economics is a book about healing the economy, understanding it enough to actually change it. I don’t know enough about policy to understand how these concepts could translate, but I really appreciate this visionary book. Tess of the Road is on the surface a very different book. But like the global economic system, Tess is shattered in hidden and blatant ways. The novel is about her quest for something larger and more mysterious–something underneath–an embodiment of the principles of the world and the way they exist. I reckon it pairs beautifully with Sacred Economics.
Talking With My Daughter About the Economy is an excellent, readable primer on fundamental principles that govern economics. If you’rs a bit intimidated by learning about the economy, I hightly recommend it. To be honest the ‘talking to my daughter’ aspect of the book was somewhat contrived in a ‘now child listen to my wisdom and I will contextualise it by entioning your iPad’ sort of way. Still, it’s a good idea. The Islands At the End of the World is similarly centred on a father daughter relationship, where a father and daughter are navigating a broen world made more frightening by their inadequacies. Together, with resoucefulness and vision, they can understand why they are so lost. Again, it sort of matches on a deepre level.
Naomi Klein is a bit of a legend, and references to this tome, which I read ages ago but should probably read again, are all over the place in my reading for an Advertising critique paper I’m doing. In this book and This Changes Everything (also a great economics book!) she details some of the ways that the global economy is injust, particularly in the context of large corporations. Their Fractured Light is also about confronting massive corporations, from within and without, and seeking justice. It uses an astonishing range of characters to examine different responses to inequality. It’s also a fabulous adventure story.
I read Naked Economics a few years ago when I was just reading non-fiction for Lent (this year I’m mostly vegan). Now I read HEAPS of non-fiction. I don’t really agree with the premise of Naked Economics; it’s very much a status-quo, liberalism-inspired approach to the economy (does anyone else find it confusing that liberal politicians don’t follow policies of economic liberalisation?). Charles Wheelan places far too much faith in the power of the trickle-down effect, for instance. Nevertheless, it’s important and useful to know how people with different economic opinions than me justify that position. Spinning Silver is a stellar book, and has a character who is venal and money focused. But as a compassionate writer, Naomi Novik gives Miriam the context to explain how she became that way, and the book is all about how money matters and how different people understand it.
Doughnut Economics, like Sacred Economics, is an invitation to reimagine the economy. It goes beyond identifying problems, and is quite data driven (compared to Sacred Economics, which is heavily philosophical). I really enjoyed it–although I don’t really know what I can do as a non-economics student who does not make policy. The principles of Doughnut Economics is that the systems of the world–social and cultural systems, ecological systems, climate systems, and of course financial systems, are deeply intertwined. Station Eleven demonstrates the same thing, by showing how interconnected different aspects of the world are, and what happens when they’re broken (The World Without Us is a non-fictional approach to the same thing). If you long to understand the world as interconnected in fragile and resilient ways, you’ll love both of these books.
do you understand economics? do you want to? and have you read any of these books?