100 books like The Morals of the Market

By Jessica Whyte,

Here are 100 books that The Morals of the Market fans have personally recommended if you like The Morals of the Market. Shepherd is a community of 11,000+ authors and super readers sharing their favorite books with the world.

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Book cover of The Dispossessed

Joseph Pitkin Author Of Exit Black

From my list on fantasy-science fiction books that explore class and inequality.

Why am I passionate about this?

My science fiction and fantasy writing is concerned with the values I was exposed to growing up. As a lifelong Quaker, I have struggled—often unsuccessfully—to live out Quakerism’s non-conformist, almost utopian commitment to equality, simplicity, peace, and community. Not only have I tried to bear witness to those values in my writing, but those ideals led me to my career as an instructor at a community college, one of America’s great socioeconomic leveling institutions. My background as a speculative fiction writer has also made me into a teacher of science fiction and fantasy literature at my college, where I read and came to love the books I recommend here. 

Joseph's book list on fantasy-science fiction books that explore class and inequality

Joseph Pitkin Why did Joseph love this book?

I found this book (whose subtitle is “An Ambiguous Utopia”) one of the most thought-provoking works of fiction I have read.

The Dispossessed was my first introduction to anarchism as a political platform, and while it didn’t make an anarchist out of me, it was the book that allowed me to imagine anarchism as a coherent political philosophy. Practically every page of the book offers a critique of modern capitalism, and it’s impossible to read this book without considering the structures in our world today that ensure a system of haves and have-nots.

By Ursula K. Le Guin,

Why should I read it?

15 authors picked The Dispossessed as one of their favorite books, and they share why you should read it.

What is this book about?

One of the very best must-read novels of all time - with a new introduction by Roddy Doyle

'A well told tale signifying a good deal; one to be read again and again' THE TIMES

'The book I wish I had written ... It's so far away from my own imagination, I'd love to sit at my desk one day and discover that I could think and write like Ursula Le Guin' Roddy Doyle

'Le Guin is a writer of phenomenal power' OBSERVER

The Principle of Simultaneity is a scientific breakthrough which will revolutionize interstellar civilization by making possible instantaneous…


Book cover of Mutual Aid: A Factor of Evolution

Xenia A. Cherkaev Author Of Gleaning for Communism: The Soviet Socialist Household in Theory and Practice

From my list on the possibility of collectivist modern life.

Why am I passionate about this?

I am interested in how regimes of ethics and property interrelate, and how this interrelation informs political thought: in questions of cooperatives and collectives, customary use-rights, and household economies. I'm an anthropologist by training and geographically I work in Russia. I've written about socialist property law and stolen late-Soviet penguins, Stalin-era mine-detection dogs and perestroika-era saints, möbius bands, 19th-century Russian cheese-making co-operatives, New World Order theories of “The Golden Billion” and other important matters.

Xenia's book list on the possibility of collectivist modern life

Xenia A. Cherkaev Why did Xenia love this book?

Mutual Aid is an argument against social Darwinism: against the idea that social progress, like natural evolution, relies on cutthroat competition in which the fittest survive.

Kropotkin begins from a different premise. From the idea that life is foremost a cooperative struggle. Beings struggle together against outside forces before they struggle against others of their own kind. First published in English in 1902, the book is a popular and loving account of gregarious life. It teems with examples of beings acting cooperatively: struggling together for their existence and taking pleasure in the sheer fact of being together.

Its many examples are sure to dazzle curious children and dismay self-assured relatives seated next to you at family gatherings. 

By Peter Kropotkin,

Why should I read it?

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

What is this book about?

Short excerpt: Paucity of life, under-population—not over-population—being the distinctive feature of that immense part of the globe which we name Northern Asia, I conceived since then serious doubts—which subsequent study has only confirmed—as to the reality of that fearful competition for food and life within each species, which was an article of faith with most Darwinists...


Book cover of Socialism: An Economic and Sociological Analysis

Xenia A. Cherkaev Author Of Gleaning for Communism: The Soviet Socialist Household in Theory and Practice

From my list on the possibility of collectivist modern life.

Why am I passionate about this?

I am interested in how regimes of ethics and property interrelate, and how this interrelation informs political thought: in questions of cooperatives and collectives, customary use-rights, and household economies. I'm an anthropologist by training and geographically I work in Russia. I've written about socialist property law and stolen late-Soviet penguins, Stalin-era mine-detection dogs and perestroika-era saints, möbius bands, 19th-century Russian cheese-making co-operatives, New World Order theories of “The Golden Billion” and other important matters.

Xenia's book list on the possibility of collectivist modern life

Xenia A. Cherkaev Why did Xenia love this book?

Mises' warnings about socialism bringing about the end of civilization have entered popular lore a sort of common sense, so it's worthwhile to read the original.

This book is less a scientific analysis than an ode to market liberalism: to “the desperate struggle of lovers of freedom prosperity and civilization against the rising tide of totalitarian barbarism.” At stake is the very possibility of non-market modernity.

Mises argues that modern society cannot function without a market defined by acquisitive trade: individuals' peaceful cooperation hinges on their ability to make rational choices about their production and consumption of things, and such choices are possible only when a system of competitive market price expresses the true value of every commodity.

“The socialist order of society,” he warns, “is not realizable” and will lead to the collapse of (western) civilization itself: “Nomad tribes from the Eastern steppes would again raid and pillage Europe,…

By Ludwig Von Mises,

Why should I read it?

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

What is this book about?

This is a newly annotated edition of the classic first published in German in 1922. It is the definitive refutation of nearly every type of socialism ever devised. Mises presents a wide-ranging analysis of society, comparing the results of socialist planning with those of free-market capitalism in all areas of life. Friedrich Hayek's foreword comments on the continuing relevance of this great work: "Most readers today will find that Socialism has more immediate application to contemporary events than it had when it first appeared."


Book cover of Crack-Up Capitalism: Market Radicals and the Dream of a World Without Democracy

Xenia A. Cherkaev Author Of Gleaning for Communism: The Soviet Socialist Household in Theory and Practice

From my list on the possibility of collectivist modern life.

Why am I passionate about this?

I am interested in how regimes of ethics and property interrelate, and how this interrelation informs political thought: in questions of cooperatives and collectives, customary use-rights, and household economies. I'm an anthropologist by training and geographically I work in Russia. I've written about socialist property law and stolen late-Soviet penguins, Stalin-era mine-detection dogs and perestroika-era saints, möbius bands, 19th-century Russian cheese-making co-operatives, New World Order theories of “The Golden Billion” and other important matters.

Xenia's book list on the possibility of collectivist modern life

Xenia A. Cherkaev Why did Xenia love this book?

Mass democracy guided the 20th century. Socialists and liberals disagreed about what exactly a government “of, for, and by the people” would look like, but they agreed that, in principle, it was desirable.

Even the fascists agreed. “Fascism,” wrote Mussolini, “is the purest form of democracy if the nation be considered from the point of view of quality rather than quantity... a people, historically perpetuating itself; a multitude unified by an idea and imbued with the will to live.”

But by the end of the century, democracy gave way to another ideal: special “zones” punched holes in the image of a democratic nation state with micro-nations and gated communities, crypto-currencies and special economic zones, charter schools and AirBnB schemes.

Slobodian's Crack-up Capitalism traces the emergence of this new social ideal. It examines the theory and practice of privately managed spaces erected to protect capitalism from democracy, markets from politics, profit…

By Quinn Slobodian,

Why should I read it?

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

What is this book about?

'Gonzo brilliance ... unique and highly entertaining' Financial Times

'Revelatory reading' Adam Tooze, author of Crashed

'After reading Quinn Slobodian's new book, you are not likely to think about capitalism the same way' Jacobin

Look at a map of the world and you'll see a neat patchwork of nation-states. But this is not where power actually resides. From the 1990s onwards, globalization has shattered the map, leading to an explosion of new legal entities: tax havens, free ports, city-states, gated enclaves and special economic zones. These new spaces are freed from ordinary forms of regulation, taxation and mutual obligation -…


Book cover of The Rise and Fall of the Neoliberal Order: America and the World in the Free Market Era

Vinícius Guilherme Rodrigues Vieira Author Of Shaping Nations and Markets: Identity Capital, Trade, and the Populist Rage

From my list on understanding the transformation of capitalism and globalisation.

Why am I passionate about this?

Since 2008, I have conducted research on themes related to International Political Economy. I am currently the co-chair of the research committee on this topic at the International Political Science Association (IPSA) and am passionate about making sense of the interplay between material and symbolic factors that shape capitalism and globalisation. Being based in Brazil, I was stuck when the country—which did not have salient identity cleavages in politics—came to be, after 2008, a hotspot of religious-based right-wing populism associated with the defence of trade liberalisation as globalisation started to face meaningful backlash from White-majority constituencies who are relatively losers of the post-Cold War order in the advanced industrialised democracies.

Vinícius' book list on understanding the transformation of capitalism and globalisation

Vinícius Guilherme Rodrigues Vieira Why did Vinícius love this book?

I love the way he explores the interplay between economic ideas and political institutions that culminated in the triumph of market forces in the aftermath of the Cold War. Yet, Gerstle’s most interesting insights lie at the end of the book as he classifies Trump and Modi as ethnonationalist leaders of the same feather as China’s Xi Jinping and Russia’s Vladimir Putin.

Globalisation, however, has not necessarily reached its end, as it may simply be reframed to fit a world whose shape has yet to be defined.

By Gary Gerstle,

Why should I read it?

3 authors picked The Rise and Fall of the Neoliberal Order as one of their favorite books, and they share why you should read it.

What is this book about?

Best Books of 2022: Financial Times Best Non-Fiction Books of 2022: De Tijd Shortlisted for Financial Times Best Business Book of the Year

The most sweeping account of how neoliberalism came to dominate American politics for nearly a half century before crashing against the forces of Trumpism on the right and a new progressivism on the left.

The epochal shift toward neoliberalism-a web of related policies that, broadly speaking, reduced the footprint of government in society and reassigned economic power to private market forces-that began in the United States and Great Britain in the late 1970s fundamentally changed the world.…


Book cover of The Limits of Neoliberalism: Authority, Sovereignty and the Logic of Competition

Adam Kotsko Author Of Neoliberalism's Demons: On the Political Theology of Late Capital

From my list on understanding neoliberalism.

Why am I passionate about this?

I grew up outside of Flint, Michigan, which during my lifetime went from being a pretty nice place to live to being a perpetual basket case that still doesn’t have clean water. I’ve always been very concerned with the question of what went wrong, and very early in my graduate education, it became clear to me that the neoliberal agenda that started under Reagan has been at the root of the economic rot and destruction that has afflicted Flint and so many other places. That personal connection, combined with my background in theology, makes me well-suited to talk about how political belief systems “hook” us, even when they hurt us.

Adam's book list on understanding neoliberalism

Adam Kotsko Why did Adam love this book?

Davies offers an exceptionally clear and useful definition of neoliberalism: “the disenchantment of politics by economics.” But what really makes this book valuable is the research he has conducted on the office culture of the government officials who are actually implementing neoliberal policy—how they think, what they believe they’re achieving, and how they sometimes deviate from the letter of neoliberal theory while remaining true to its spirit.

By William Davies,

Why should I read it?

1 author picked The Limits of Neoliberalism as one of their favorite books, and they share why you should read it.

What is this book about?

Brilliant...explains how the rhetoric of competition has invaded almost every domain of our existence."
-Evgeny Morozov, author of To Save Everything, Click Here"

"In this fascinating book Davies inverts the conventional neoliberal practice of treating politics as if it were mere epiphenomenon of market theory, demonstrating that their version of economics is far better understood as the pursuit of politics by other means."
-Professor Philip Mirowski, University of Notre Dame

"A sparkling, original, and provocative analysis of neoliberalism. It offers a distinctive account of the diverse, sometimes contradictory, conventions and justifications that lend authority to the extension of the spirit…


Book cover of Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist

Marco te Brömmelstroet Author Of Movement: how to take back our streets and transform our lives

From my list on how your language shapes the way you think (and act).

Why am I passionate about this?

I am a professor in Urban Mobility Futures and, as such, am fascinated by how we think about our mobility present and past and how this limits us in imagining different futures. The problems in our mobility system are so urgent and overwhelming that I like to actively search for alternative ways of seeing and acting and teach others to do the same. Personally, I love to experience the incredible freedom of mind that I find in doing this. Also, see the Shepherd list of recommendations by my co-author, Thalia Verkade.

Marco's book list on how your language shapes the way you think (and act)

Marco te Brömmelstroet Why did Marco love this book?

For me, this book offered a perfect link between understanding the fundamental thinking in the field of economics and the necessity of changing that. Western society and lifestyles are all based on the notions of economic growth, extraction of resources, and externalizing the costs to other places and generations. And we are so used to this underlying worldview that we tend to take all of this for granted.

I think that the big crises we are facing are rooted here. By revealing this, we can see the fence that is limiting our thinking. With the alternative logic of the Doughnut Economy, we suddenly have the potential to break through it. I love that it shows that we can all work towards a world in which everybody can thrive!

By Kate Raworth,

Why should I read it?

6 authors picked Doughnut Economics 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 2017: Economics"

800-CEO-Read "Best Business Book of 2017: Current Events & Public Affairs"

Economics is the mother tongue of public policy. It dominates our decision-making for the future, guides multi-billion-dollar investments, and shapes our responses to climate change, inequality, and other environmental and social challenges that define our times.

Pity then, or more like disaster, that its fundamental ideas are centuries out of date yet are still taught in college courses worldwide and still used to address critical issues in government and business alike.

That's why it is time, says renegade economist Kate Raworth,…


Book cover of The Political Economy of Education Reforms in Vietnam

Tran Van Hoa Author Of Vietnam's Reforms and Economic Growth

From my list on Vietnam’s reforms and economic growth.

Why am I passionate about this?

I am a professional economist and econometrician with over 50 years of teaching and research experience. I've published articles in more than 200 international publications and been on the senior teaching staff of top U.S. and Asian universities. In recent years, I have also been interested in serious scholarly studies on developing economies in Asia and as an economic consultant to several Asian government ministries.

Tran's book list on Vietnam’s reforms and economic growth

Tran Van Hoa Why did Tran love this book?

For readers interested in a sectoral analysis of Vietnam’s reforms and economic growth, the book provides a useful account of one major area of reform in Vietnam, namely education.

Coupled with domestic training and foreign capital inflows, this education sector and its reforms can be said to be a principal contributor to the country’s development and growth. The book also discusses the reform’s rationale and issues and, for policy analysis, describes the consequences for the sector and the economy in recent years.

By Minh Quang Nguyen (editor), James Albright (editor),

Why should I read it?

1 author picked The Political Economy of Education Reforms in Vietnam as one of their favorite books, and they share why you should read it.

What is this book about?

This book, drawing on a political economic perspective of education development, is a comprehensive account of the question "why some education systems flourish while others falter." It provides a state-of-the-art review of the Vietnamese way of education development, figuring out the pitfalls, challenges and opportunities of neoliberal reform. It also sheds new light on the rise of neoliberal capitalism in contemporary Vietnam as the country intensifies its market-oriented economic transition.

Starting from educational development concerns, this book differentiates the growth and development concepts in education. While "growth with limited development" is well reflected in many developing education systems, the Vietnamese…


Book cover of The Great Transformation: The Political and Economic Origins of Our Time

Vinícius Guilherme Rodrigues Vieira Author Of Shaping Nations and Markets: Identity Capital, Trade, and the Populist Rage

From my list on understanding the transformation of capitalism and globalisation.

Why am I passionate about this?

Since 2008, I have conducted research on themes related to International Political Economy. I am currently the co-chair of the research committee on this topic at the International Political Science Association (IPSA) and am passionate about making sense of the interplay between material and symbolic factors that shape capitalism and globalisation. Being based in Brazil, I was stuck when the country—which did not have salient identity cleavages in politics—came to be, after 2008, a hotspot of religious-based right-wing populism associated with the defence of trade liberalisation as globalisation started to face meaningful backlash from White-majority constituencies who are relatively losers of the post-Cold War order in the advanced industrialised democracies.

Vinícius' book list on understanding the transformation of capitalism and globalisation

Vinícius Guilherme Rodrigues Vieira Why did Vinícius love this book?

As post-Cold War globalisation seems to face its fate, I always go back to this book as it offers lessons on the perils of taking for granted economic rationality. The 19th-century liberal order crumbled, and fascism emerged as a solution. In the same vein, is far-right populism a reaction against the consequences of neoliberalism?

Although he does not bring to the centre stage the impact of ethnic-religious cleavages, such a shortcoming only made me wonder whether his riveting account of modernity applies nowadays.

By Karl Polanyi,

Why should I read it?

12 authors picked The Great Transformation as one of their favorite books, and they share why you should read it.

What is this book about?

In this classic work of economic history and social theory, Karl Polanyi analyzes the economic and social changes brought about by the "great transformation" of the Industrial Revolution. His analysis explains not only the deficiencies of the self-regulating market, but the potentially dire social consequences of untempered market capitalism. New introductory material reveals the renewed importance of Polanyi's seminal analysis in an era of globalization and free trade.


Book cover of Your Money Or Your Life: The Tyranny of Global Finance

Robin Attfield and Barry Wilkins Author Of International Justice and the Third World: Studies in the Philosophy of Development

From my list on development economics and ethics are intertwined.

Why are we passionate about this?

Robin Attfield and Barry Wilkins are retired members of the Philosophy staff of Cardiff University, where they individually and jointly taught undergraduate courses in Philosophy and History of Ideas, and magistral courses in Social Ethics. They also supervised doctoral students in fields including development ethics; former students of theirs hold professorships in places ranging from Los Angeles to Addis Ababa and to Jahangirnagar (Bangladesh). Robin Attfield is currently completing his twentieth published book; several of his books have concerned our international responsibilities. From 1990 they became aware of a serious gap in the philosophical literature with regard to international development, and managed through their joint book to begin plugging it.

Robin's book list on development economics and ethics are intertwined

Robin Attfield and Barry Wilkins Why did Robin love this book?

Barry recommends this book for Eric Toussaint's powerful analysis of the global financial system and its principal institutions (such as the IMF and World Bank) as a system of power relations maintaining the subordination and exploitation of the global south.

Barry found the exploration of possible solutions particularly valuable, ranging from various forms of resistance in poorer countries to the development of support and solidarity from social movements and struggles in rich countries.

Desirable policy changes are also discussed, especially debt cancellation in relation to the Third World Debt Crisis.

By Eric Toussaint,

Why should I read it?

1 author picked Your Money Or Your Life as one of their favorite books, and they share why you should read it.

What is this book about?

In the last decade neoliberal policies have created debt and global impoverishment on a massive scale. In this updated edition of his internationally recognised book, Toussaint traces the origins and development of the crisis in global finance.


5 book lists we think you will like!

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