Below are some of my favorite resources related to economic history, ideas, and trends and their impact on society, personal investment strategy, and business strategy.
These books and tools provide an excellent foundation for young people looking to understand and take control of their money. Some of them ascribe to the Efficient Market Hypothesis, which after the 2008 crash may or may not be logical—but there’s good information here that can be adapted to one’s personal circumstances, beliefs, and preferences, whatever those are.
The history of capitalism (1600-2016)
The above resources make it clear that capitalism, despite its upsides, is always exploitive. The West, and America specifically as a cohesive project, have always depended on genocide, slavery, depletion of natural resources, war, needless consumption, and (under neoliberalism) the destruction of its citizens’ living standards to favor an elite financial class.
The crash of neoliberalism (2008-2017)
Capitalism functions like a living organism, an addiction, or a crash-only software program. The script will keep running until it hits a finite limit. The 2008 financial crash and the aftershocks of 2016 might not be enough to break global capitalism, but they have helped push the overall system from a stable to sub-critical state.
After neoliberalism (2017+)
As Frederic Jameson famously remarked: “[I]t is easier to imagine the end of the world than to imagine the end of capitalism.” The above resources and their varied—sometimes conflicting—perspectives—inspire me. Although they take the collapse of neoliberalism as a historical given, they look forward to a better and possibly-even-abundant future.