Slouching Towards Utopia: An Economic History of the Twentieth Century
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Author : J. Bradford DeLong
Title : Slouching Towards Utopia: An Economic History of the Twentieth Century
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From one of the world?s 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.?
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