This site uses cookies. Learn more about cookies.

Close cookie details

OverDrive would like to use cookies to store information on your computer to improve your user experience at our Website. One of the cookies we use is critical for certain aspects of the site to operate and has already been set. You may delete and block all cookies from this site, but this could affect certain features or services of the site. To find out more about the cookies we use and how to delete them, click here to see our Privacy Policy.

If you do not wish to continue, please click here to exit this site.

Hide notification

  Main Nav

The Price of Civilization

Cover of The Price of Civilization

The Price of Civilization

Reawakening American Virtue and Prosperity

NEW YORK TIMES BESTSELLER

  • NAMED ONE OF THE BEST BOOKS OF THE YEAR BY THE GUARDIAN AND PUBLISHERS WEEKLY

    "Succinct, humane, and politically astute . . . Sachs lays out a detailed path to reform, regulation, and recovery."--The American Prospect

    In this forceful and impassioned book, Jeffrey D. Sachs offers a searing and incisive diagnosis of our country's economic ills, and an urgent call for Americans to restore the core virtues of fairness, honesty, and foresight as the foundations of national prosperity. Sachs finds that both political parties--and many leading economists--have missed the big picture, profoundly underestimating globalization's long-term effects and offering shortsighted solutions. He describes a political system that is beholden to big donors and influential lobbyists and a consumption-driven culture that suffers shortfalls of social trust and compassion. He bids readers to reclaim the virtues of good citizenship and mindfulness toward the economy and each one another. Most important, he urges each of us to accept the price of civilization, so that together we restore America to its great promise. The Price of Civilization is a masterly road map for prosperity, founded on America's deepest values and on a rigorous understanding of the twenty-first-century world economy.

    With a new Preface by the author.

    "Half a century ago J. K. Galbraith's The Affluent Society changed the political consciousness of a generation. . . . Jeffrey Sachs's new book is a landmark in this great and essentially American tradition. . . . Sachs by his life and his writing goes far to restore one's wavering faith in the informing inspiration of the post-1945 new dawn, faith in economics, faith in America and faith in humanity."--The Spectator


    "Stimulating . . . a must-read for every concerned citizen . . . [a] hard-hitting brief for a humane economy."--Publishers Weekly (starred review)

    "Sachs's book is loaded with information and anecdotes [and] proposals that would make it harder for the powerful to rig the system for their benefit."--Scientific American

    "An eloquent call for American civic renewal based on moderation, compassion, and cooperation across the lines of class, ethnicity, and ideology."--CNN Money

    "Compelling . . . This is an important book."--Financial Times
  • NEW YORK TIMES BESTSELLER

  • NAMED ONE OF THE BEST BOOKS OF THE YEAR BY THE GUARDIAN AND PUBLISHERS WEEKLY

    "Succinct, humane, and politically astute . . . Sachs lays out a detailed path to reform, regulation, and recovery."--The American Prospect

    In this forceful and impassioned book, Jeffrey D. Sachs offers a searing and incisive diagnosis of our country's economic ills, and an urgent call for Americans to restore the core virtues of fairness, honesty, and foresight as the foundations of national prosperity. Sachs finds that both political parties--and many leading economists--have missed the big picture, profoundly underestimating globalization's long-term effects and offering shortsighted solutions. He describes a political system that is beholden to big donors and influential lobbyists and a consumption-driven culture that suffers shortfalls of social trust and compassion. He bids readers to reclaim the virtues of good citizenship and mindfulness toward the economy and each one another. Most important, he urges each of us to accept the price of civilization, so that together we restore America to its great promise. The Price of Civilization is a masterly road map for prosperity, founded on America's deepest values and on a rigorous understanding of the twenty-first-century world economy.

    With a new Preface by the author.

    "Half a century ago J. K. Galbraith's The Affluent Society changed the political consciousness of a generation. . . . Jeffrey Sachs's new book is a landmark in this great and essentially American tradition. . . . Sachs by his life and his writing goes far to restore one's wavering faith in the informing inspiration of the post-1945 new dawn, faith in economics, faith in America and faith in humanity."--The Spectator


    "Stimulating . . . a must-read for every concerned citizen . . . [a] hard-hitting brief for a humane economy."--Publishers Weekly (starred review)

    "Sachs's book is loaded with information and anecdotes [and] proposals that would make it harder for the powerful to rig the system for their benefit."--Scientific American

    "An eloquent call for American civic renewal based on moderation, compassion, and cooperation across the lines of class, ethnicity, and ideology."--CNN Money

    "Compelling . . . This is an important book."--Financial Times
  • Available formats-
    • Kindle Book
    • OverDrive Read
    • Adobe EPUB eBook
    Languages:-
    Copies-
    • Available:
      0
    • Library copies:
      1
    Levels-
    • ATOS:
    • Lexile:
    • Interest Level:
    • Reading Level:

    Recommended for you


    Excerpts-
    • Chapter One

      The Great Crash

      CHAPTER 1.

      Diagnosing America's Economic Crisis

      A Crisis of Values

      At the root of America's economic crisis lies a moralcrisis: the decline of civic virtue among America's political and economicelite. A society of markets, laws, and elections is not enough if the rich andpowerful fail to behave with respect, honesty, and compassion toward the restof society and toward the world. America has developed the world's mostcompetitive market society but has squandered its civic virtue along the way.Without restoring an ethos of social responsibility, there can be no meaningfuland sustained economic recovery.

      I find myself deeply surprised and unnerved to have towrite this book. During most of my forty years in economics I have assumed thatAmerica, with its great wealth, depth of learning, advanced technologies, anddemocratic institutions, would reliably find its way to social betterment. Idecided early on in my career to devote my energies to the economic challengesabroad, where I felt the economic problems were more acute and in need ofattention. Now I am worried about my own country. The economic crisis of recentyears reflects a deep, threatening, and ongoing deterioration of our nationalpolitics and culture of power.

      The crisis, I will argue, developed gradually over thecourse of several decades. We are not facing a short-term business cycledownturn, but the working out of long-term social, political, and economictrends. The crisis, in many ways, is the culmination of an era-the baby boomerera-rather than of particular policies or presidents. It is also a bipartisanaffair: both Democrats and Republicans have played their part in deepening thecrisis. On many days it seems that the only difference between the Republicans andDemocrats is that Big Oil owns the Republicans while Wall Street owns theDemocrats. By understanding the deep roots of the crisis, we can move beyondillusory solutions such as the "stimulus" spending of 2009-2010, thebudget cuts of 2011, and the unaffordable tax cuts that are implemented yearafter year. These are gimmicks that distract us from the deeper reforms neededin our society.

      The first two years of the Obama presidency show that oureconomic and political failings are deeper than that of a particular president.Like many Americans, I looked to Barack Obama as the hope for a breakthrough.Change was on the way, or so we hoped; yet there has been far more continuitythan change. Obama has continued down the well-trodden path of open-ended war inAfghanistan, massive military budgets, kowtowing to lobbyists, stingy foreignaid, unaffordable tax cuts, unprecedented budget deficits, and a disquietingunwillingness to address the deeper causes of America's problems. Theadministration is packed with individuals passing through the revolving doorthat connects Wall Street and the White House. In order to find deep solutionsto America's economic crisis, we'll need to understand why the Americanpolitical system has proven to be so resistant to change.

      The American economy increasingly serves only a narrowpart of society, and America's national politics has failed to put the countryback on track through honest, open, and transparent problem solving. Too manyof America's elites-among the super-rich, the CEOs, and many of my colleaguesin academia-have abandoned a commitment to social responsibility. They chasewealth and power, the rest of society be damned.

      We need to reconceive the idea of a good society in theearly twenty-first century and to find a creative path toward it. Mostimportant, we need to be ready to pay the price of civilization throughmultiple acts of good citizenship:...

    About the Author-
    • Jeffrey Sachs is the director of the Earth Institute at Columbia University and special adviser to Secretary-General Ban Ki-moon on the United Nations' Millennium Development Goals. He is internationally renowned for his contributions to solving some of the world's most daunting economic and social crises, in his roles as a leading scholar and as an economic adviser to governments and international organizations around the world.

    Reviews-
    • The Spectator

      Praise for THE PRICE OF CIVILIZATION

      "An important assessment of what ails America, and a must-read for policymakers."--Kirkus Reviews

      "Best known for advising postcommunist and impoverished countries on development strategies, economist Sachs (Common Wealth) takes on the cesspool of debt, backwardness, and corruption that is the United States in this hard-hitting brief for a humane economy... a must-read for every concerned citizen."--Publishers Weekly, starred review

      "There is no shortage of books on why laissez-faire is bad theory and dangerous practice. For a succinct, humane, and politically astute tour of the horizon, it's hard to improve on Sachs's The Price of Civilization: Reawakening American Virtue and Prosperity."--The American Prospect

      "Jeffrey Sachs's new book is a landmark in this great and essentially American tradition, setting out with luminous clarity the narrative and the analysis of how the US and the wider world has been traduced and seduced by debased ideology, racist reflexes and huge vested interests from its liberal and enlightened roots. Indeed, Sachs by his life and his writing goes far to restore one's wavering faith in the informing inspiration of the post-1945 new dawn, faith in economics, faith in America and faith in humanity."

    Title Information+
    • Publisher
      Random House Publishing Group
    • Kindle Book
      Release date:
    • OverDrive Read
      Release date:
    • Adobe EPUB eBook
      Release date:
    Digital Rights Information+
    • Copyright Protection (DRM) required by the Publisher may be applied to this title to limit or prohibit printing or copying. File sharing or redistribution is prohibited. Your rights to access this material expire at the end of the lending period. Please see Important Notice about Copyrighted Materials for terms applicable to this content.

    You've reached your checkout limit.

    Visit your Bookshelf to manage your titles.

    ×

    You already have this title checked out.

    Want to go to your Bookshelf?

    ×

    Recommendation Limit Reached.

    You have reached the maximum number of titles you are permitted to recommend at this time.

    ×

    Sign in to recommend this title.

    Recommend your library consider adding this title to the Digital Collection.

    ×
    ×

    ×

    To recommend The Price of Civilization, complete the following information:

    *indicates required information

    (comma separates multiple email addresses, i.e. bob@aol.com, bob@hotmail.com)

    Subject: Check out this downloadable title at the Maine InfoNet Download Library


    We respect your privacy. Any and all information collected at this site will be kept strictly confidential and will not be sold, reused, rented, loaned, or otherwise disclosed.

    ×
    Recommend this title to the library to be added to the Digital Collection
    The Price of Civilization
    The Price of Civilization
    Reawakening American Virtue and Prosperity
    Jeffrey D. Sachs
    ×
    Buy it now
    and help our library WIN!
    The Price of Civilization
    The Price of Civilization
    Reawakening American Virtue and Prosperity
    Jeffrey D. Sachs
    Choose a retail partner below to buy this title for yourself.
    A portion of this purchase goes to support your library.
    Clicking on the 'Buy It Now' link will cause you to leave the library download platform website. The content of the retail website is not controlled by the library. Please be aware that the website does not have the same privacy policy as the library or its service providers.
    ×
    ×

    To recommend '', complete the following information:

    *indicates required information

    (comma separates multiple email addresses, i.e. bob@aol.com, bob@hotmail.com)

    Subject: Check out this downloadable title at the Maine InfoNet Download Library

    We respect your privacy. Any and all information collected at this site will be kept strictly confidential and will not be sold, reused, rented, loaned, or otherwise disclosed.

    ×