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Pages : 624
Language :English
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From one of the worlds leading economists, a grand narrative of the
century that made us richer than ever, yet left us unsatisfied Before
1870, humanity lived in dire poverty, with a slow crawl
of invention offset by a growing population. Then came a great shift:
invention sprinted forward, doubling our technological capabilities each
generation and utterly transforming the economy again and again. Our
ancestors would have presumed we would have used such powers to build
utopia. But it was not so. When 1870–2010 ended, the world instead saw
global warming; economic depression, uncertainty, and inequality; and
broad rejection of the status quo. Economist Brad DeLong's Slouching
Towards Utopia tells the story of how this unprecedented explosion of
material wealth occurred, how it transformed the
globe, and why it failed to deliver us to utopia. Of remarkable breadth
and ambition, it reveals the last century to have been less a march of
progress than a slouch in the right direction. .Read by .
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