I do recommend this landmark book. While many people, including our new NL government (Rutte III), firmly believe in “the invisible hand of the open market” it is rather visible that the Market is not open any more and fair : steered by monopolies and 1% er interests. Pure capitalism (aka NeoLib policy) is obviously not working anymore and outdated as an ideology for everything in society*). Not only does it ruin nature but also it is extremely unfair and a-social. As you can see in the revelations from the “Parasite Papers”.
George Monbiot has written a thorough analysis of the NeoLib fairytale. AND he presents the idea’s which can help us recover and regain a better world, hence the subtitle.
Summary of this influential book “Out of the Wreckage” – New politics for an Age of Crisis- : A toxic ideology (NeoLib) rules the world – of extreme competition and individualism. It misrepresents human nature, destroying hope and common purpose. Only a positive vision can replace it, a new story that re-engages people in politics and lights a path to a better world.
My personal view is that we need all 3: Business ventures rewarding risky ventures & Gov’t steering in the general long term interest & the commons+cooperatives of the civil society. See my Trias Internetica, described in other pages of my blog.
*) IMHO it is relevant to note that STUDENTS of the Science of Economics have noticed that what they get presented by some professors is not quite “up to date” to say it mildly. For instance in NL economics students in Rotterdam (Erasmus University) and at the University of Twente have insisted last year that the Curriculum should be brought up to the present views, post- crash of 2008. Students of the University of Manchester made a few steps further. They REWROTE the Economics Curriculum themselves, with assistance of some more wide awake teachers. The result is the book (published by Manchester University Press, 2017, and ‘Rethinking Economics’. Visit the international network of students citizens and professionals that cooperate to rebuild economics for practice and teaching rethinkeconomics.org )
“The Econocracy” – The Perils of leaving Economics to the experts – Joe Earle, Cahal Moran and Zach Ward-Perkins; with a foreword by Andrew Haldane, Chief \ . Economist at the Bank of England.
jaap van till, TheConnectivist