Fans pick 100 books like Oil Wealth and the Poverty of Politics

By Miriam R. Lowi,

Here are 100 books that Oil Wealth and the Poverty of Politics fans have personally recommended if you like Oil Wealth and the Poverty of Politics. Shepherd is a community of 12,000+ authors and super readers sharing their favorite books with the world.

When you buy books, we may earn a commission that helps keep our lights on (or join the rebellion as a member).

Book cover of Managing Instability in Algeria: Elites and Political Change

Dalia Ghanem Author Of Understanding the Persistence of Competitive Authoritarianism in Algeria

From my list on the North African version of North Korea: Algeria.

Why am I passionate about this?

I hold a doctorate in political science and am an expert on Algeria. I was a senior scholar at Carnegie for ten years before I joined the European Union Institute for Security Studies (EUISS), the EU's official think tank. I was born in Algeria, where I grew up. When I was fourteen, between 22-23 September 1997 the massacre of Bentalha took place while I was living in Algeria, and I became obsessed with that massacre. This obsession led me ten years later to write a Ph.D. on that bloody page of Algerian history, political violence, and jihadism. Eventually, my expertise encompassed all of Algeria's political, social, and economic developments. 

Dalia's book list on the North African version of North Korea: Algeria

Dalia Ghanem Why did Dalia love this book?

In this book, Werenfels explains how elite dynamics and tactics work in the Algerian political system and how they have led to the lack of significant political change since the country returned to the democratic process in 1995. Werenfels analyses the coping mechanisms of the highly opaque authoritarian elite in a shifting local and global environment building on evidence from extensive research. This book planted the seed of an idea for what the topic of my own book would be and how I wanted to structure it. 

By Isabelle Werenfels,

Why should I read it?

1 author picked Managing Instability in Algeria as one of their favorite books, and they share why you should read it.

What is this book about?

This topical new book seeks to understand the relationship between elite dynamics and strategies and the lack of profound political change in Algeria after 1995, when the country's military rulers returned to electoral processes.

Using evidence from extensive fieldwork, Isabelle Werenfels exposes successful survival strategies of an opaque authoritarian elite in a changing domestic and international environment. The main focus is on:

the changing balance of power between different elite segments the modes of generation change and the different emerging young elite types constraints, obligations and opportunities arising from elite embeddings in clienteles networks and in specific social and economic…


Book cover of Ruling But Not Governing: The Military and Political Development in Egypt, Algeria, and Turkey

Dalia Ghanem Author Of Understanding the Persistence of Competitive Authoritarianism in Algeria

From my list on the North African version of North Korea: Algeria.

Why am I passionate about this?

I hold a doctorate in political science and am an expert on Algeria. I was a senior scholar at Carnegie for ten years before I joined the European Union Institute for Security Studies (EUISS), the EU's official think tank. I was born in Algeria, where I grew up. When I was fourteen, between 22-23 September 1997 the massacre of Bentalha took place while I was living in Algeria, and I became obsessed with that massacre. This obsession led me ten years later to write a Ph.D. on that bloody page of Algerian history, political violence, and jihadism. Eventually, my expertise encompassed all of Algeria's political, social, and economic developments. 

Dalia's book list on the North African version of North Korea: Algeria

Dalia Ghanem Why did Dalia love this book?

One of my favorite books of its kind and I do not think I have read a better book about this topic ever since. It explains the critical role that the military plays in stabilizing authoritarian regimes in Egypt, Algeria, and until recently, Turkey. It also analyses how informal politics can restrict formal democratic institutions. In this book, Cook perfectly grasps how the military works in these countries and explains it in a clear and accessible style. The book is simply captivating and a must-read. 

By Steven A. Cook,

Why should I read it?

1 author picked Ruling But Not Governing as one of their favorite books, and they share why you should read it.

What is this book about?

"Ruling But Not Governing" highlights the critical role that the military plays in the stability of the Egyptian, Algerian, and, until recently, Turkish political systems. This in-depth study demonstrates that while the soldiers and materiel of Middle Eastern militaries form the obvious outer perimeter of regime protection, it is actually the less apparent, multilayered institutional legacies of military domination that play the decisive role in regime maintenance. Steven A. Cook uncovers the complex and nuanced character of the military's interest in maintaining a facade of democracy. He explores how an authoritarian elite hijack seemingly democratic practices such as elections, multiparty…


Book cover of Dictators and Dictatorships: Understanding Authoritarian Regimes and Their Leaders

Dalia Ghanem Author Of Understanding the Persistence of Competitive Authoritarianism in Algeria

From my list on the North African version of North Korea: Algeria.

Why am I passionate about this?

I hold a doctorate in political science and am an expert on Algeria. I was a senior scholar at Carnegie for ten years before I joined the European Union Institute for Security Studies (EUISS), the EU's official think tank. I was born in Algeria, where I grew up. When I was fourteen, between 22-23 September 1997 the massacre of Bentalha took place while I was living in Algeria, and I became obsessed with that massacre. This obsession led me ten years later to write a Ph.D. on that bloody page of Algerian history, political violence, and jihadism. Eventually, my expertise encompassed all of Algeria's political, social, and economic developments. 

Dalia's book list on the North African version of North Korea: Algeria

Dalia Ghanem Why did Dalia love this book?

I like this book because it is based on a qualitative investigation into the politics of authoritarian states. It contends that political outcomes in dictatorships are mostly the result of relations between leaders and elites, and the internal structures that influence the dynamics of these relations. The book analyses the differences between several authoritarian regimes and their political ramifications. Process in personalist, military, one-party, monarchical, and semi-authoritarian regimes are examined. The book explains what dictatorship entails and how authoritarian politics function. 

By Natasha Lindstaedt, Erica Frantz,

Why should I read it?

1 author picked Dictators and Dictatorships as one of their favorite books, and they share why you should read it.

What is this book about?

This title discusses how dictatorships work, looking at leaders, elites, and regime dynamics, synthesizing foundational and cutting-edge research on authoritarian politics, and integrating theory with case studies. "Dictators and Dictatorships" is a qualitative enquiry into the politics of authoritarian regimes. It argues that political outcomes in dictatorships are largely a product of leader-elite relations. Differences in the internal structure of dictatorships affect the dynamics of this relationship. This book shows how dictatorships differ from one another and the implications of these differences for political outcomes. In particular, it examines political processes in personalist, military, single-party, monarchic, and hybrid regimes. The…


Book cover of A History of Algeria

Jessica Ayesha Northey Author Of Civil Society in Algeria: Activism, Identity and the Democratic Process

From my list on understanding the importance of Algerian History.

Why am I passionate about this?

I have loved Algeria since I lived there for 3 years from 2007. The experiences of the 20th century, particularly the War of Independence, make Algeria such an important country. The anti-colonial War overturned an entrenched colonialism, not only in Algeria, but set in train a movement for freedom across an entire continent. I have written extensively on the growth of civil society associations and how these helped people recover from tragedies; and more recently, the developments that sprung from the Algerian Hirak of 2019. This saw millions of protesters march peacefully, for over a year, to bring about significant changes and new understandings of citizenship in the 21st century.

Jessica's book list on understanding the importance of Algerian History

Jessica Ayesha Northey Why did Jessica love this book?

James McDougall’s History of Algeria gives an excellent overview of Algerian history, focusing on the lived experiences of the Algerian people over the last 500 years.

He does this with an easily readable style, offering acute insights and drawing on the personal experiences of those who lived through world-changing movements. He covers the War of Independence and the revolutionary transformations which ensued in Algeria, and across the continent, by that long and heroic struggle.

By James McDougall,

Why should I read it?

2 authors picked A History of Algeria as one of their favorite books, and they share why you should read it.

What is this book about?

Covering a period of five hundred years, from the arrival of the Ottomans to the aftermath of the Arab uprisings, James McDougall presents an expansive new account of the modern history of Africa's largest country. Drawing on substantial new scholarship and over a decade of research, McDougall places Algerian society at the centre of the story, tracing the continuities and the resilience of Algeria's people and their cultures through the dramatic changes and crises that have marked the country. Whether examining the emergence of the Ottoman viceroyalty in the early modern Mediterranean, the 130 years of French colonial rule and…


Book cover of Unveiling the North Korean Economy: Collapse and Transition

Stephan Haggard and Marcus Noland Author Of Witness to Transformation: Refugee Insights Into North Korea

From my list on the North Korean economy.

Why are we passionate about this?

We teamed up about fifteen years ago around a common interest in the political economy of North Korea; Haggard is a political scientist, Noland an economist. Both of us had spent our careers focused on Asia but looking largely at the capitalist successes: Japan and the newly industrializing countries of Korea, Taiwan, and Southeast Asia. But what about the anomalous cases in the region that did not get on the growth train? The “Asian miracle” was hardly ubiquitous…what had gone wrong? North Korea was clearly the biggest puzzle, and we ended up researching and writing on the famine, refugees, and the complexities of international sanctions. 

Stephan and Marcus' book list on the North Korean economy

Stephan Haggard and Marcus Noland Why did Stephan and Marcus love this book?

For those with some economics background and willing to do their homework, Kim’s book is the state of the art. He has sorted through all the shards of data out there—on prices, output, and trade--and pulled them together into a compelling mosaic. Of particular interest is his discussion of possible transition paths--were the regime to change course--as well as the possibility that the system might come crashing down altogether.

By Byung-Yeon Kim,

Why should I read it?

1 author picked Unveiling the North Korean Economy as one of their favorite books, and they share why you should read it.

What is this book about?

North Korea is one of the most closed and secretive societies in the world. Despite a high level of interest from the outside world, we have very little detailed information about how the country functions economically. In this valuable book for both the academic and policy-making circles, Byung-Yeon Kim offers the most comprehensive and systematic analysis of the present day North Korean economy in the context of economic systems and transition economics. It addresses what is really happening in the North Korean economy, why it has previously failed, and how the country can make the transition to a market economy.…


Book cover of A Most Enterprising Country: North Korea in the Global Economy

Stephan Haggard and Marcus Noland Author Of Witness to Transformation: Refugee Insights Into North Korea

From my list on the North Korean economy.

Why are we passionate about this?

We teamed up about fifteen years ago around a common interest in the political economy of North Korea; Haggard is a political scientist, Noland an economist. Both of us had spent our careers focused on Asia but looking largely at the capitalist successes: Japan and the newly industrializing countries of Korea, Taiwan, and Southeast Asia. But what about the anomalous cases in the region that did not get on the growth train? The “Asian miracle” was hardly ubiquitous…what had gone wrong? North Korea was clearly the biggest puzzle, and we ended up researching and writing on the famine, refugees, and the complexities of international sanctions. 

Stephan and Marcus' book list on the North Korean economy

Stephan Haggard and Marcus Noland Why did Stephan and Marcus love this book?

The title of this book is doubly surprising. Is North Korea enterprising? And North Korea “in the world economy”? Isn’t it the hermit kingdom? Hastings picks up a theme that was central to our work on the famine: that the socialist sector in North Korea has undergone a secular decline while households and entrepreneurs have constructed a complex market economy that is partially above ground, partly below it. But Hastings goes further, showing how that market economy is integrally tied to China. And the book has the added attraction of focusing attention on lucrative black markets that range from amphetamine to counterfeited one hundred dollar bills. 

By Justin V. Hastings,

Why should I read it?

1 author picked A Most Enterprising Country as one of their favorite books, and they share why you should read it.

What is this book about?

North Korea has survived the end of the Cold War, massive famine, numerous regional crises, punishing sanctions, and international stigma. In A Most Enterprising Country, Justin V. Hastings explores the puzzle of how the most politically isolated state in the world nonetheless sustains itself in large part by international trade and integration into the global economy. The world's last Stalinist state is also one of the most enterprising, as Hastings shows through in-depth examinations of North Korea's import and export efforts, with a particular focus on restaurants, the weapons trade, and drug trafficking. Tracing the development of trade networks inside…


Book cover of Chasing Innovation: Making Entrepreneurial Citizens in Modern India

Mircea Raianu Author Of Tata: The Global Corporation That Built Indian Capitalism

From my list on capitalism in 21st century India.

Why am I passionate about this?

I'm a historian of global capitalism and South Asia, writing about corporations as they are and how they could be. I've looked at India with the eyes of an outsider, drawing on my experiences growing up in 1990s Eastern Europe during a time of political upheaval and shock privatizations as the old communist order crumbled. Having witnessed the rise of a new class of monopolists and oligarchs in its stead, I became interested in the many different ways capitalists exercise power in society over time and around the world, and how we as ordinary citizens relate to them. I'm now interested in thinkers, activists, and entrepreneurs who have tried to experiment with alternatives

Mircea's book list on capitalism in 21st century India

Mircea Raianu Why did Mircea love this book?

A key aspect of the “India story,” as described on the macro level by Kaur, is entrepreneurship and the ethos of jugaad (innovating by making do). The idea of India as the new Silicon Valley has captured the global imagination, while the creative use of technology promises to solve longstanding social and economic problems within the country. Lilly Irani’s study questions the dominant framework of “entrepreneurial citizenship” among the new middle classes and the centrality of design practice to India’s current development model. This is another stellar example of interdisciplinary scholarship, based on ethnographic fieldwork at a Delhi design studio and drawing on the author’s background in computer science. 

By Lilly Irani,

Why should I read it?

1 author picked Chasing Innovation as one of their favorite books, and they share why you should read it.

What is this book about?

A vivid look at how India has developed the idea of entrepreneurial citizens as leaders mobilizing society and how people try to live that promise

Can entrepreneurs develop a nation, serve the poor, and pursue creative freedom, all while generating economic value? In Chasing Innovation, Lilly Irani shows the contradictions that arise as designers, engineers, and businesspeople frame development and governance as opportunities to innovate. Irani documents the rise of "entrepreneurial citizenship" in India over the past seventy years, demonstrating how a global ethos of development through design has come to shape state policy, economic investment, and the middle class…


Book cover of The Trickle-Up Economy: How We Take from the Poor and Middle Class and Give to the Rich

Blaine Stewart Author Of Hourglass Socioeconomics: Vol. 1, Principles & Fundamentals

From my list on reads that are almost economics.

Why am I passionate about this?

I'm addicted to discovering what lies within the unknown. The biggest mystery, I believe, that baffles us today is not necessarily what lies at the edge of the universe but what lives within this one here. I enjoy attempting to solve large problems and if I can’t compute a result at least understand what the problem suggests. In the realm of the unknown, I'm an expert of nothing. In hours of research and reading and writing, one comes to a point in their process of learning with the realization that it does not matter how much one learns, there will always be that much more, logarithmically multiplied exponentially by the rate of acceleration, to learn.

Blaine's book list on reads that are almost economics

Blaine Stewart Why did Blaine love this book?

Since the days of Ronald Regan, trickle-down economic theory has been a pipe dream of the uneducated and I don’t even have a degree. Mark Mattern does a great job inverting the theory of trickle-down in explaining that indeed wealth piles from the bottom up not drip down from the top. I recommend reading this book before you read mine for the simple fact that instead of inverted trickle-down theory, I describe how water moves like a stream through an ecosystem. If it is not properly pitched from the mountaintop to the valley, with proper displacement of creatures below, and flow rate through the foothills, we are inevitably left dependent on drinking from a wasteland.

By Mark Mattern,

Why should I read it?

1 author picked The Trickle-Up Economy as one of their favorite books, and they share why you should read it.

What is this book about?

One of the most durable myths of US political economy is that we take from the rich and give to the poor - penalising the rich for their hard work and rewarding the undeserving. Mark Mattern turns that story on its head. Documenting the everyday, institutionalised ways that income and wealth are transferred upward in the United States, Mattern shows how in fact the bottom subsidises the top.

His provocative analysis, describing in detail the processes and policy choices that systematically favour the rich, is both a tale of "Robin Hood in reverse" and a call for a more equitable,…


Book cover of Brand New Nation: Capitalist Dreams and Nationalist Designs in Twenty-First-Century India

Mircea Raianu Author Of Tata: The Global Corporation That Built Indian Capitalism

From my list on capitalism in 21st century India.

Why am I passionate about this?

I'm a historian of global capitalism and South Asia, writing about corporations as they are and how they could be. I've looked at India with the eyes of an outsider, drawing on my experiences growing up in 1990s Eastern Europe during a time of political upheaval and shock privatizations as the old communist order crumbled. Having witnessed the rise of a new class of monopolists and oligarchs in its stead, I became interested in the many different ways capitalists exercise power in society over time and around the world, and how we as ordinary citizens relate to them. I'm now interested in thinkers, activists, and entrepreneurs who have tried to experiment with alternatives

Mircea's book list on capitalism in 21st century India

Mircea Raianu Why did Mircea love this book?

We start at the top with the Indian nation-state itself and how it has been turned into a brand. What lies behind the narrative of “emerging” economies as attractive destinations for foreign investors? Where does it come from and who does it serve? Establishing a persuasive link between identity politics, populist nationalism, and global capital, Ravinder Kaur offers a model of critical interdisciplinary scholarship on the present. From the World Economic Forum in Davos to the corridors of power in Delhi, Kaur’s interviews shed light on how Indian elites think of themselves in the world (and how this differs radically from the postcolonial dream of non-alignment and social democracy). The close reading of the “Incredible India” publicity campaign is especially innovative, bringing together visual analysis and political economy. 

By Ravinder Kaur,

Why should I read it?

1 author picked Brand New Nation as one of their favorite books, and they share why you should read it.

What is this book about?

A Financial Times Best Book of the Year

The first book that examines India's mega-publicity campaigns to theorize the global transformation of the nation-state into an attractive investment destination.

The early twenty-first century was an optimistic moment of global futures-making. The chief narrative was the emergence of the BRICS nations-leading stars in the great spectacle of capitalist growth stories, branded afresh as resource-rich hubs of untapped talent and potential, and newly opened up for foreign investments. The old third-world nations were rapidly embracing the script of unbridled capitalism in the hope of arriving on the world stage. If the tantalizing…


Book cover of Seven Bad Ideas: How Mainstream Economists Have Damaged America and the World

Raphael Sassower Author Of The Quest for Prosperity: Reframing Political Economy

From my list on moving beyond capitalism.

Why am I passionate about this?

My interest in political economy dates back to my student years where I combined the study of the history of political economy, economics, and philosophy. Whether apologists or critics of capitalism, both groups appreciate the centrality of economic exchange among people who live in communities where absolute autonomy and self-sufficiency are unattainable. My concern with reframing political economy is also informed by the all too hushed scandal of capitalism, namely, the reliance on slavery for the accumulation of wealth for more than a century after the establishment of the USA. The reckoning with this atrocity animates much of my present thinking about political economy in general and capitalism in particular.  

Raphael's book list on moving beyond capitalism

Raphael Sassower Why did Raphael love this book?

In an accessible language and with multiple real-life examples, Madrick systematically critically engages every humdrum idea of principle attributed to the presumed success of capitalism. Following to a great extent Karl Marx’s lead on the self-destruction of the economic system we call capitalism, Madrick updates the critique to the 21st century and shows, time and again, why capitalism is not only prone to recessions and depressions but will bring about its own demise.

By Jeff Madrick,

Why should I read it?

1 author picked Seven Bad Ideas as one of their favorite books, and they share why you should read it.

What is this book about?

A bold indictment of some of our most accepted mainstream economic theories—why they’re wrong, and how they’ve been harming America and the world.

Budget deficits are bad. A strong dollar is good. Controlling inflation is paramount. Pay reflects greater worker skills. A deregulated free market is fair and effective. Theories like these have become mantras among American economists both liberal and conservative over recent decades. Validated originally by patron saints like Milton Friedman, they’ve assumed the status of self-evident truths across much of the mainstream. Jeff Madrick, former columnist for The New York Times and Harper’s, argues compellingly that a…


Book cover of Managing Instability in Algeria: Elites and Political Change
Book cover of Ruling But Not Governing: The Military and Political Development in Egypt, Algeria, and Turkey
Book cover of Dictators and Dictatorships: Understanding Authoritarian Regimes and Their Leaders

Share your top 3 reads of 2024!

And get a beautiful page showing off your 3 favorite reads.

1,592

readers submitted
so far, will you?

5 book lists we think you will like!

Interested in the economy, Algeria, and economic planning?

The Economy 183 books
Algeria 38 books