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What We Owe Each Other by Minouche Shafik (Hardback)
£18.99
Out of stock
Product Ref. (e.g. ISBN, SKU)
9781847926272
Published:
04 Mar 2021
Format:
Hardback
Number of pages:
256 pages
Dimensions:
240x162x26mm
Weight:
0.461kgs
Author:
Childcare, education, nursing for the sick, support for the elderly and those who cannot provide for themselves - every one of us will need some or all of these things over the course of our lives. How we ensure their provision - 'the social contract' - is what shapes our societies and defines our politics. Shafik argues that our current period of political turbulence stems from outdated social contracts, which have failed to accommodate massive changes in demography, work and the expectations of women. They are also woefully ill-equipped to tackle the major challenges of the 21st century: pandemic, ageing populations, the impact of technology and the climate crisis.
LONGLISTED FOR THE 2021 FT / McKinsey BUSINESS BOOK OF THE YEAR AWARD
One of the world's most influential economists sets out the basis for a new social contract fit for the 21st century
'Intelligent and lucid' Martin Wolf, Financial Times, Best Summer Reading 2021
'In the tradition of Beveridge, Shafik points us toward ... a hopeful framework for social, economic, and political renewal' Michael J. Sandel
'Wonderfully illuminating of our interdependence' Amartya Sen
'A powerful and persuasive moral argument ... rigorous and specific enough to help readers think practically about the policies needed' Melinda Gates
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The social contract shapes everything: our political institutions, legal systems and material conditions, but also the organisation of family and community, our well-being, relationships and life prospects. And yet everywhere, the social contract is failing.
Accelerating changes in technology, demography and climate will reshape our world in ways many of us have yet to grasp. In this landmark study, Minouche Shafik, Director of the London School of Economics, draws on evidence from across the globe to identify the key principles every society must adopt if it is to meet the challenges of the coming century, with profound implications for gender equality, education, healthcare provision, the role of business and the future of work.
How should society pool risks, share resources and balance individual with collective responsibility? Brilliantly lucid and accessible, What We Owe Each Other offers new answers to these age-old questions and equips every reader to understand and play their part in the urgent and necessary transformation ahead.
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'A necessary contribution at a turning-point in history ... a must-read' Ursula von der Leyen
'Beautifully argued ... a must-read for all those seeking to understand why the bonds that bind society together are so frayed and what we can do about it' Ngozi Okonjo-Iweala
'Weaves economics, philosophy, wisdom and common sense into a social contract of simplicity, solidity and harmony. A must-read recipe for the improvement of our life together' Christine Lagarde
'A thought-provoking addition to our current, urgent debates' Daron Acemoglu
A PROSPECT MAGAZINE BEST BOOK OF 2021
About the Author: Nemat (Minouche) Shafik is the Director of the London School of Economics and Political Science. Born in Egypt, she emigrated as a child to the USA, later moving to the UK for post-graduate studies in economics. At 36, she became the youngest ever Vice President of the World Bank and has since held positions as Permanent Secretary of the UK's Department for International Development, Deputy Managing Director of the International Monetary Fund and as Deputy Governor of the Bank of England. In these roles she has worked on major policy upheavals across the globe, from the fall of the Berlin Wall, to the Arab Spring, to the financial crash in 2008 and the Eurozone crisis. Following her appointment as Director of the LSE in 2017, she launched a programme of research, 'Beveridge 2.0', to rethink the welfare state for the 21st century. She was made a Dame in the Queen's Birthday Honours list in 2015 and in 2020 was appointed a cross-bench peer in the House of Lords.
| Number of pages | 256 |
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