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I'm the New York Times' Global Economics Correspondent. Over the course of three decades in journalism, I have reported from more than 40 countries, including a six-year stint in China for the Washington Post and five years in London for the Times. I have ridden with truck drivers from Texas to India, visited factories and warehouses from Argentina to Kenya, and explored ports from Los Angeles to Rotterdam.
Like any student of globalization, I love this book because it focuses like a laser on how a single critical innovation—the development of the shipping container—effectively shrank the oceans, accelerated the pace of sea cargo, and made it possible for consumers to depend on faraway factories.
In April 1956, a refitted oil tanker carried fifty-eight shipping containers from Newark to Houston. From that modest beginning, container shipping developed into a huge industry that made the boom in global trade possible. The Box tells the dramatic story of the container's creation, the decade of struggle before it was widely adopted, and the sweeping economic consequences of the sharp fall in transportation costs that containerization brought about. But the container didn't just happen. Its adoption required huge sums of money, both from private investors and from ports that aspired to be on the leading edge of a new…
I'm the New York Times' Global Economics Correspondent. Over the course of three decades in journalism, I have reported from more than 40 countries, including a six-year stint in China for the Washington Post and five years in London for the Times. I have ridden with truck drivers from Texas to India, visited factories and warehouses from Argentina to Kenya, and explored ports from Los Angeles to Rotterdam.
This potent book provides a critical historical perspective on the contemporary reality of giant corporations left to dominate markets by regulators who have set aside traditional antitrust enforcement to impede the magical notion of efficiency.
The result is consumers and working people getting fleeced while a handful of dominant companies rake in the profits.
"Every thinking American must read" (The Washington Book Review) this startling and "insightful" (The New York Times) look at how concentrated financial power and consumerism has transformed American politics, and business.
Going back to our country's founding, Americans once had a coherent and clear understanding of political tyranny, one crafted by Thomas Jefferson and updated for the industrial age by Louis Brandeis. A concentration of power-whether by government or banks-was understood as autocratic and dangerous to individual liberty and democracy. In the 1930s, people observed that the Great Depression was caused by financial concentration in the hands of a few…
I'm the New York Times' Global Economics Correspondent. Over the course of three decades in journalism, I have reported from more than 40 countries, including a six-year stint in China for the Washington Post and five years in London for the Times. I have ridden with truck drivers from Texas to India, visited factories and warehouses from Argentina to Kenya, and explored ports from Los Angeles to Rotterdam.
Here is a book ahead of its time, a work that anticipated the breakdown in globalization to imagine something else – manufacturing clustered closer to customers and a rejection of the sort of efficiency that does not bother to measure the costs of not being able to find medicines in the midst of a pandemic.
A sweeping case that a new age of economic localization will reunite place and prosperity, putting an end to the last half century of globalization—by one of the preeminent economic journalists writing today
“This invaluable book is as bold in its ambitions as it is readable.”—Ian Bremmer, New York Times bestselling author of The Power of Crisis
ONE OF THE BEST BOOKS OF THE YEAR: Kirkus Reviews
At the dawn of the twenty-first century, Thomas Friedman, in The World Is Flat, declared globalization the new economic order. But the reign of globalization as we’ve known it is over, argues Financial…
I'm the New York Times' Global Economics Correspondent. Over the course of three decades in journalism, I have reported from more than 40 countries, including a six-year stint in China for the Washington Post and five years in London for the Times. I have ridden with truck drivers from Texas to India, visited factories and warehouses from Argentina to Kenya, and explored ports from Los Angeles to Rotterdam.
No one has wrestled more deeply with globalization than the Nobel laureate economist Joseph Stiglitz.
Here, he reveals how the shape of our modern world is colored by a mutant form of freedom that has captured society and the levers of power—the notion that individuals and businesses left to their own devices somehow maximize social good.
You don’t need a Nobel of your own to recognize how this fantasy has fallen short.
We are a nation born from the conviction that people must be free. But since the middle of the last century, that idea has been co-opted. Forces on the political Right have justified exploitation by cloaking it in the rhetoric of freedom, leading to pharmaceutical companies freely overcharging for medication, a Big Tech free from oversight, politicians free to incite rebellion, corporations free to pollute, and more. How did we get here? Whose freedom are we-and should we-be thinking about?
In The Road to Freedom, Nobel prize winner Joseph E. Stiglitz dissects America's current economic system and the political ideology…
I've been interested in children’s lives for as long as I can remember. I think my own childhood experiences provoked my curiosity about the world as observed and perceived by children. My own childhood was affected by globalization in the broadest sense. When I was a child, my family moved to the United States from Iran. I grew up in Utah where I encountered a different way of life than the one I left behind. The shift from one culture to another was thrilling and scary. The encounter with a new world and a different culture has taught me important lessons about children’s creativity, strength, and curiosity as well as their fears, insecurities, and vulnerabilities.
This book is very emotional and affecting to read for me. It presents two of the earliest autobiographical accounts from American women, with an introduction by Sharon Halevi. As they trace their lives, they depict a world in which childhood, as modern readers understand, does not exist, and even young women need to navigate the intricacies of their controlling and patriarchal world. I often ask what has changed and what has unfortunately stayed the same.
I have worked on the problems of poverty, particularly in sub-Saharan Africa, for much of my professional life. I worked at the Centre for the Study of African Economies, which is part of the Department of Economics at Oxford University, from 1991 until my retirement in 2012. I continue to work both with the Centre and the Department as a Managing Editor of Oxford Economic Papers and Chief Editor of the Journal of African Economies. My recent book The Poor and the Plutocrats grew out of this background where I wanted to understand the links between very poor countries and those of much richer ones.
The divide here is not within a country but across countries, in particular between rich and poor countries, which are often referred to as ‘The Global South’.
Hickel argues that the activities by those in rich countries designed to ‘help’ poorer countries have exactly the opposite of their claimed effect. Rather than being the mechanism by which poverty is alleviated the policies they advocate for these poor countries are really the causes of their continuing poverty.
He writes: "Today British apologists defend colonialism in India and interventions in China on the basis that it brought ‘development’ to these regions. But the evidence we have suggests exactly the opposite story. It was the colonial period that forced market integration that inaugurated the ‘development gap’ between Britain and Asia."
More than four billion people-some 60 percent of humanity-live in debilitating poverty, on less than $5 per day. The standard narrative tells us this crisis is a natural phenomenon, having to do with things like climate and geography and culture. It tells us that all we have to do is give a bit of aid here and there to help poor countries up the development ladder. It insists that if poor countries would only adopt the right institutions and economic policies, they could overcome their disadvantages and join the ranks of the rich world.
I am a professor of International Studies and a former museum curator. This combination provides me with a unique perspective not only on the inner workings of the art world, but the way that those practices map on to broader social, political, and economic transformations that occur as a result of globalization. This leads me, for example, to an assessment of how free-trade zones affect the art market. In past research, I have focused on colonialism and French art in the nineteenth century, so I am attuned to power imbalances between the center and the periphery and I am fascinated to see how these are shifting in the present.
This book was the first to bring together a group of international artists, curators, and scholars to discuss and engage the changing nature of the art world, as a result of globalization.
The project was launched at the Center for Media and Art (ZKM) in Karlsrühe, Germany in 2006 with a series of conferences that turned into a series of books over time and an exhibition in 2013.
No other book considers so many new manifestations of the museum in the twenty-first century, illuminating new opportunities for the reader to explore distant lands vicariously and also to discover how many different ways institutions are being developed in cities around the world.
This is the second publication from the ongoing research series, Global Art and the Museum (GAM), which was initiated in 2001 by German art historian Hans Belting and artist, writer and curator Peter Weibel at the ZKM Center for Art and Media in Karlsruhe, Germany. The last 20 years have seen a rapid globalization of the art world, resulting in geographic decentralization and a shift away from a primarily Western perspective. GAM's aim is to analyze the effect of these changes on the art market, museums and art criticism. This volume comprises a collection of essays by experts--such as Claude…
I have worked on the problems of poverty, particularly in sub-Saharan Africa, for much of my professional life. I worked at the Centre for the Study of African Economies, which is part of the Department of Economics at Oxford University, from 1991 until my retirement in 2012. I continue to work both with the Centre and the Department as a Managing Editor of Oxford Economic Papers and Chief Editor of the Journal of African Economies. My recent book The Poor and the Plutocrats grew out of this background where I wanted to understand the links between very poor countries and those of much richer ones.
The approach of Milanovic is very different from that of Hickel in that it is intensive in the use of data which, he would argue, shows a much more nuanced picture of the success of the global economy in reducing poverty than argued by Hickel.
He begins by reproducing the ‘Elephant Chart’ from his earlier work. This is a chart showing the relative gain in real per capita income by global income level. The name ‘Elephant’ comes from the shape of the chart which shows the largest income gains to have occurred for those in the middle of the distribution and the lowest in the range of 70 to 80 in the percentile distribution and the highest for those at the very top. Those in the middle being the hump of the elephant those at the top being its trunk.
Milanovic argues that in many respects the years before the…
Winner of the Bruno Kreisky Prize, Karl Renner Institut A Financial Times Best Economics Book of the Year An Economist Best Book of the Year A Livemint Best Book of the Year
One of the world's leading economists of inequality, Branko Milanovic presents a bold new account of the dynamics that drive inequality on a global scale. Drawing on vast data sets and cutting-edge research, he explains the benign and malign forces that make inequality rise and fall within and among nations. He also reveals who has been helped the most by globalization, who has been held back, and what…
My interest in global issues developed when I was a student. What was my conviction already then became more obvious every year since then. In order to solve our most urgent problems, we need to have a strong and legitimate global governance system. Global governance, therefore, became the core of my research. I am Michael Zürn, the Director of the Research Unit Global Governance at the Berlin Social Science Center (WZB) and a Professor of International Relations at Free University of Berlin. I have also been the co-spokesperson for the Cluster of Excellence "Contestations of the Liberal Script" (SCRIPTS) since 2019.
This anthology is highly recommended if you are looking for profound and multidimensional analyses of authoritative rule-making systems beyond the nation-state that emerged within the dynamics of globalization.
Readers will find general investigations on the structure and development of the institutional framework of “global governance” next to case studies focusing on how specific issues, e.g., the HIV/AIDS epidemic or transnational finance hazards, are governed within these frameworks. Furthermore, this volume is of great value as it depicts the controversial academic debates on how practices of “global governance” should be interpreted on a theoretical level. One can learn from both: “realist” and “Marxist” critiques on the concept of global governance and its proponents from “liberal institutionalist” and “functionalist” perspectives.
Alongside the explanatory level, the book is rounded off by some normative investigations on how global governance should look in the future in order to overcome patterns of global injustice.
Since the UN's creation in 1945 a vast nexus of global and regional institutions has evolved, surrounded by a proliferation of non-governmental agencies and advocacy networks seeking to influence the agenda and direction of international public policy. Although world government remains a fanciful idea, there does exist an evolving global governance complex - embracing states, international institutions, transnational networks and agencies (both public and private) - which functions, with variable effect, to promote, regulate or intervene in the common affairs of humanity.
This book provides an accessible introduction to the current debate about the changing form and political significance of…
I have studied the impact of economics on security for decades. In addition to co-authoring Globalization and the National Security State, I published books on economic interdependence and security, the efficacy of economic sanctions and incentives as tools of foreign and security policy, and the use of economic instruments to promote regional peacemaking. In general, I have always been fascinated by the economic underpinnings of security, from Napoleon’s observation that an army marches on its stomach to the utility of advanced financial sanctions to punish rogue actors in the contemporary era.
Brooks represents a unique spin on the globalization thesis. He argues that the globalization of production, whereby multinational corporations disperse production around the world, has had a profound effect on security by promoting peace amongst developed economies.
Nonetheless, as we find in our book, he argues that the effect of the globalization of production is differential across types of states, as it is likely to promote conflict between developing states.
Scholars and statesmen have debated the influence of international commerce on war and peace for thousands of years. Over the centuries, analysts have generally treated the questions "Does international commerce influence security?" and "Do trade flows influence security?" as synonymous. In Producing Security, Stephen Brooks maintains that such an overarching focus on the security implications of trade once made sense but no longer does. Trade is no longer the primary means of organizing international economic transactions; rather, where and how multinational corporations (MNCs) organize their international production activities is now the key integrating force of global commerce. MNC strategies have…
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