A radical examination by a leading financial analyst, commentator and investor of the ills of capitalism and how they can be fixed

What went wrong with capitalism? Ruchir Sharma’s explanation is unlike any you have heard before. Progressives are partly right when they mock modern capitalism as “socialism for the rich,” but what really happened in recent decades is that government in developed nations expanded in just about every measurable dimension, from spending and regulation to the sheer scale of its rescues each time the economy wobbled. The result, Sharma says, is “socialized risk,” expensive government guarantees, for everyone-welfare for the poor, entitlements for the middle class, and bailouts for the rich.

Voters say they are disillusioned with capitalism, but a system so distorted by government interventions is a dysfunctional version of free market ideals. As a result, productivity and economic growth have slowed sharply, shrinking the pie for everyone and stoking popular anger. Since these flaws developed as the government expanded, building an even bigger state will only double down on what’s gone wrong. The answer Sharma offers is a series of seven fixes to restore the balance between state support and free markets and lay the path to a more prosperous and happier future.

The Power to Change shows how to use Stoic principles to create a successful life and provides a clear road map and directions to get there. It will guide you in designing a life that flows well and dealing with problems that arise in everyday living.

More than two thousand years ago, a group of philosophers known as the Stoics analyzed life’s predicaments and came up with simple solutions. The principles they identified were so profound that they formed the basis of many major modern psychotherapies. They are easy to use and powerful, and they can be applied to modern life and its problems. Often we don’t pay much attention to simple principles because we don’t believe simple things can be effective, but when understood and consistently practiced, simple principles can have a profound effect on our lives.

The problems are real. The solutions are accessible. Each chapter in The Power to Change is bite-sized and actionable, focusing on common, day-to-day challenges – from anxiety, self-sabotage and overthinking to resilience, habits and productivity – and giving you easy-to-apply tools to overcome them.

Practicing them is not difficult. But practicing consistently is where most of us fail. The Power to Change is packed with tools and exercises to help you practice consistently, bypass every motivational plateau and reach the big payoff.

‘As powerfully intimate as it is politically incendiary’ VOGUE
‘Private Revolutions could be a Netflix series, for family, violence and romance abound’ IRISH TIMES
‘A portrait of China through four women who refused to accept the life laid out for them. Incredible’ SUNDAY TIMES
‘A revelatory, moving and tender tale of hopes, fears and change’ PETER FRANKOPAN

Yuan Yang, the first Chinese-born British MP, tells the stories of four Chinese women striving for a better future in an unequal society. From June, who dreams of going to university rather than raising pigs, to Sam, forced into hiding as her activist peers are lifted from the streets, this is a singularly immersive portrait of a rapidly changing nation – and of the courage of those caught in the swell.

Shortlisted for the 2024 Financial Times & Schroders Business Book of the Year

A revelatory account of the past, present, and future of economic growth – and how we should rethink it

Over the past two centuries, economic growth has freed billions from poverty and made our lives far healthier and longer. As a result, the unfettered pursuit of growth defines economic life around the world. Yet this prosperity has come at an enormous price: deepening inequalities, destabilizing technologies, environmental destruction and climate change.

Resolving this growth dilemma, best-selling economist Daniel Susskind argues, is the urgent task of our age. For many, in our era of sluggish productivity, the worry is slowing growth-in the UK, Europe, China and elsewhere-and reversing this stagnation is the goal of every politician. Others understandably claim, given its social and environmental costs, that the only way forward is through ‘degrowth’, deliberating shrinking our economies.

At this time of uncertainty about growth and its value, Susskind has written an essential reckoning. In a sweeping analysis full of historical insight, he explores what really drives growth, offering original ideas for combatting our economic slowdown. He argues that we cannot abandon growth but shows instead how we can redirect it, making it better reflect what we truly value.

Lucid, thought-provoking and brilliantly researched, Growth: A Reckoning is a vital guide to one of our greatest challenges.

It is about Leiya, who wants to escape the fate of the women in her village. Still underage, she bluffs her way on to the factory floor.
It is about June, who at fifteen sets what her family thinks is an impossible goal: to attend university rather than raise pigs.
It is about Siyue, ranked second-to-bottom of her English class, who decides to prove her teachers wrong.
And it is about Sam, who becomes convinced that the only way to change her country is to become an activist – even as the authorities slowly take her peers from the streets.

With unprecedented access to the lives, hopes, homes, dreams and diaries of four ordinary women over a period of six years, Private Revolutions gives a voice to those whose stories go untold. At a time of rising state censorship and suppression, it unearths the identity of modern Chinese society – and, through the telling, something of our own.

Over the past two centuries, economic growth has freed billions from poverty and made our lives far healthier and longer. As a result, the unfettered pursuit of growth defines economic life around the world. Yet this prosperity has come at an enormous price: deepening inequalities, destabilizing technologies, environmental destruction and climate change.

Resolving this growth dilemma, best-selling economist Daniel Susskind argues, is the urgent task of our age. For many, in our era of sluggish productivity, the worry is slowing growth-in the UK, Europe, China and elsewhere-and reversing this stagnation is the goal of every politician. Others understandably claim, given its social and environmental costs, that the only way forward is through ‘degrowth’, deliberating shrinking our economies.

At this time of uncertainty about growth and its value, Susskind has written an essential reckoning. In a sweeping analysis full of historical insight, he explores what really drives growth, offering original ideas for combatting our economic slowdown. He argues that we cannot abandon growth but shows instead how we can redirect it, making it better reflect what we truly value.

Lucid, thought-provoking and brilliantly researched, Growth: A Reckoning is a vital guide to one of our greatest challenges.

Want to learn more about Economics but simply don’t know where to start? Don’t worry – DK has got you covered!

Simply Economics is the perfect introduction to the subject for those who are short of time but hungry for knowledge. Covering more than 120 key economic terms and ideas from scarcity to stocks and shares, this excellent economics books explains the key concept more clearly than ever before. Organized by major themes – Foundations of economics, Economies in action, Choices and Consequences, Markets, International Trade, and Finance – entries demystify the groundbreaking ideas of famous economists from Adam Smith to John Maynard Keynes, Joseph Schumpeter to Milton Friedman, explaining the essentials of each key economics school and theory.

Dive straight in to discover:

– All of the basic covering all of the different schools of economics
– Simple, easy-to-understand graphics help to explain more than 120 key economics concepts
– An easy-to-read accessible approach to economics perfect for complete beginners

A stylish addition to any bookshelf, with playful designs and informative text, this is is a must-have volume for anyone interested in economics, business, finance, or politics as well as economic students who want a quick and easy reference to the subject. So whether you are studying economics at school or college, or simply want a jargon-free overview of the subject, this essential guide is packed with everything you need to understand the basics quickly and easily

“It seems safe to say that Capital in the Twenty-First Century, the magnum opus of the French economist Thomas Piketty, will be the most important economics book of the year-and maybe of the decade.”
-Paul Krugman, New York Times

“The book aims to revolutionize the way people think about the economic history of the past two centuries. It may well manage the feat.”
–The Economist

“Piketty’s Capital in the Twenty-First Century is an intellectual tour de force, a triumph of economic history over the theoretical, mathematical modeling that has come to dominate the economics profession in recent years.”
-Steven Pearlstein, Washington Post

“Piketty has written an extraordinarily important book?In its scale and sweep it brings us back to the founders of political economy.”
-Martin Wolf, Financial Times

“A sweeping account of rising inequality?Piketty has written a book that nobody interested in a defining issue of our era can afford to ignore.”
-John Cassidy, New Yorker

“Stands a fair chance of becoming the most influential work of economics yet published in our young century. It is the most important study of inequality in over fifty years.”
-Timothy Shenk, The Nation