Official Review: Consequential Economics

Please use this sub-forum to discuss any non-fiction books such as autobiographies or political commentary books.
Forum rules
Authors and publishers are not able to post replies in the review topics.
Post Reply
User avatar
LinaMueller
Posts: 981
Joined: 09 Jun 2019, 13:22
2021 Reading Goal: 40
Currently Reading:
Bookshelf Size: 140
Reviewer Page: onlinebookclub.org/reviews/by-linamueller.html
Latest Review: TikTok Marketing for Viral Sales by Anastasia Olson

Official Review: Consequential Economics

Post by LinaMueller »

[Following is an official OnlineBookClub.org review of "Consequential Economics" by Nicola DellaCioppa.]
Book Cover
4 out of 4 stars
Share This Review


Consequential Economics by Nicola DellaCioppa is a fascinating book that discusses globalization and its effects on countries worldwide (especially in developed countries). In the USA (and in a more general sense in many developed countries of the world), you see politicians of both sides of the aisle having frantic and violent discussions about meaningless events. However, everyone agrees that globalization is a divine blessing and that the whole world benefits from it. Is that an absolute truth? Are these politicians defending ordinary people's interests, or are they simply in the pockets of mega-corporations and foreign governments?

The book's premise is that globalization has negatively affected workers and the middle class in developed countries. First and foremost, it's important to clarify that the author is not a socialist or a leftist. DellaCioppa stress from the first page that there are two types of capitalism: "Natural Capitalism" and "Selective Capitalism." The first is a unique system that provided incentives for producing goods and allowed even the most humble worker to climb to the country's highest posts. On the contrary, the second is a system dominated by elites that only think about maximizing their profits and have little concern for the well-being of the population or the environment.

What is most striking about this book is the author's mastery of the subject. Not only does he understand a lot about economics, but he also makes exciting comparisons of current reality with events in the past. In chapter number 9, Nicola shows how the American economy's decadent scenario is similar to what happened with the Roman Empire. The resemblance is incredible and reminded me of the Nietzschean concept of eternal recurrence.

There is nothing to be criticized here. At the beginning of the book, I thought that the author could be biased since his speech in many ways resembled that of Donald Trump in 2016. Nicola DellaCioppa, however, approaches the subject in an impeccable scientific way. It became clear to me that he was an unbiased intellectual when he said that the Democratic Party has a more intelligent approach to deal with some aspects of globalization.

All in all, Consequential Economics deserves four out of four stars. It's an educational, insightful, and memorable work. Since I found only three minor grammatical errors in 245 pages, it's clear that the book is professionally edited. I recommend it to everyone who likes to study economics and wants to understand the modern world. The author discusses complex subjects, but he does so in a didactic way that will allow even those who do not have extensive economic knowledge to understand what is happening in the modern world.

******
Consequential Economics
View: on Bookshelves | on Barnes and Noble
Heart! We will forget him!
You an I, tonight!
You may forget the warmth he gave,
I will forget the light.

When you have done, pray tell me
That I my thoughts may dim;
Haste! lest while you're lagging.
I may remember him!

Emily Dickinson
ikechukwuamarachi+55
Posts: 30
Joined: 11 Feb 2021, 15:59
Currently Reading: Running the Sahara
Bookshelf Size: 10

Post by ikechukwuamarachi+55 »

Globalization has actually helped in many ways reducing the world into a small village. People from different part of the world can interact and trade. Nice review.
User avatar
Yvonne Monique
Posts: 684
Joined: 01 Sep 2020, 07:57
2021 Reading Goal: 35
Favorite Book: To Sleep in a Sea of Stars
Currently Reading:
Bookshelf Size: 89
Reviewer Page: onlinebookclub.org/reviews/by-yvonne-monique.html
Latest Review: The crew of the HST DARČEK by Robert Marsolais

Post by Yvonne Monique »

Not a book I would buy, but your review was interesting and insightful. Thanks.
Post Reply

Return to “Non-Fiction Books”