Economics for Everyone

Economics for Everyone : A Short Guide to the Economics of Capitalism

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Economics is too important to be left to the economists. This concise and readable book provides non-specialist readers with all the information they need to understand how capitalism works (and how it doesn't). Jim Stanford's book is an antidote to the abstract and ideological way that economics is normally taught and reported. Key concepts such as finance, competition and wage labour are explored, and their importance to everyday life is revealed. Stanford answers questions such as "Do workers need capitalists?", "Why does capitalism harm the environment?", and "What really happens on the stock market?" The book will appeal to those working for a fairer world, and students of social sciences who need to engage with economics. It is illustrated with humorous and educational cartoons by Tony Biddle, and is supported with a comprehensive set of web-based course materials for popular economics more

Product details

  • Hardback | 360 pages
  • 137.16 x 218.44 x 27.94mm | 566.99g
  • London, United Kingdom
  • English
  • New.
  • 0745327516
  • 9780745327518

About Jim Stanford

Jim Stanford is Economist with Unifor, the union formed in 2013 from the merger of the Canadian Auto Workers (CAW) and the Communication Energy and Paperworkers (CEP). Jim received his Ph.D. in Economics from the New School for Social Research in New York. He is the author of Economics for Everyone (Pluto, 2015) which has been translated into 6 languages. He writes an economics column for the Globe and Mail, appears regularly on CBC TV's 'Bottom Line' economics panel, and is the Vice-President of the Canadian Centre for Policy more

Table of contents

Introduction: Why Study Economics? Part One: Preliminaries 1. The Economy and Economics 2. Capitalism 3. Economic History 4. The Politics of Economics Part Two: The Basics of Capitalism: Work, Tools, and Profit 5. Work, Production, and Value 6. Working with Tools 7. Companies, Owners, and Profit 8. Workers and Bosses 9. Reproduction (for Economists!) 10. Closing the Little Circle Part Three: Capitalism as a System 11. Competition 12. Investment and Growth 13. Employment and Unemployment 14. Dividing the Pie 15. Capitalism and the Environment Part Four: The Complexity of Capitalism 16. Money and Banking 17. Inflation, Central Banks, and Monetary Policy 18. Paper Chase: Stock Markets, Financialization, and Pensions 19. The Conflicting Personalities of Government 20. Taxing and Spending 21. Globalization 22. Development (and Otherwise) 23. Closing the Big Circle 24. The Ups and Downs of Capitalism Part Five: Challenging Capitalism 25. Evaluating Capitalism 26. Improving Capitalism 27. Replacing Capitalism? Conclusion: A Dozen Big Things to Remember About Economics Notes Indexshow more

Review quote

Stanford is that rare breed: the teacher who changed your life. He has written a book - both pragmatic and idealistic - with the power to change the world. -- Naomi Klein, author of This Changes Everything: Capitalism vs. the Climate and No Logo. Jim Stanford has a unique ability to explain economics in ways that average working people can totally relate to. -- Bob White, Former President, Canadian Labour Congress, and Former President, OECD Trade Union Advisory Committee. I have been waiting all my adult life for this book. Jim Stanford, brilliant economist himself, wrote a terrific book that demystifies economics and makes the subject accessible to us all. Now there's going to be trouble! -- Maude Barlow, Voluntary Chairperson, Council of Canadians, and international water rights campaigner. Is economics the 'dismal science'? Not in Jim Stanford's capable hands. If we are to have better economic policies in the future, 'everyone' needs a guide, and this one is short but sweet. -- Lars Osberg, Chair of Economics, Dalhousie University, and Former President, Canadian Economics Association. Economics For Everyone is a marvelous tool for activists. It is simple but by no means simplistic, with clear explanations and clever cartoons -- Cy Gonick, Professor of Economics Emeritus, University of Manitoba, and publisher, Canadian Dimension. This book is a timely and important contribution to the intellectual fightback against economic fundamentalism. Written in Jim's incisive and practical style, this book is a 'must have' for anyone engaged in the fight for a good society. -- Doug Cameron, Australian Senator, and Former National Secretary, Australian Manufacturing Workers' Union. Jim Stanford has provided a highly readable yet rigorous guide to the economics of capitalism. It is to be highly commended for its comprehensive yet critical coverage - from work to globalisation, the environment to high finance. -- Malcolm Sawyer, Professor of Economics, Leeds University, U.K. Jim Stanford has written a wonderfully accessible and useful book for union activists or anyone else who wants to learn about how the economy works in order to change it. -- Thea Lee, Economist, AFL-CIO, Washington DC. This book fell on my doorstep alongside newspapers reporting (another) financial crisis. It helps us understand what the newspapers never explain: these crises are a product of the inequalities and incapacity for social foresight that is capitalism's everyday economics. This understanding helps turn these crises into opportunities for change. -- Hilary Wainwright, Editor, Red Peppershow more

Rating details

178 ratings
3.96 out of 5 stars
5 26% (47)
4 48% (85)
3 22% (39)
2 3% (6)
1 1% (1)
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