Edge of Chaos, Dambisa Moyo
Edge of Chaos, Dambisa Moyo
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Edge of Chaos
Why Democracy Is Failing to Deliver Economic Growth-and How to Fix It

Author: Dambisa Moyo

Narrator: Pamala Tyson

Unabridged: 8 hr 28 min

Format: Digital Audiobook Download

Publisher: Basic Books

Published: 04/24/2018


Synopsis

From an internationally acclaimed economist, a provocative call to jump-start economic growth by aggressively overhauling liberal democracy

Around the world, people who are angry at stagnant wages and growing inequality have rebelled against established governments and turned to political extremes. Liberal democracy, history's greatest engine of growth, now struggles to overcome unprecedented economic headwinds -- from aging populations to scarce resources to unsustainable debt burdens. Hobbled by short-term thinking and ideological dogma, democracies risk falling prey to nationalism and protectionism that will deliver declining living standards.

In Edge of Chaos, Dambisa Moyo shows why economic growth is essential to global stability, and why liberal democracies are failing to produce it today. Rather than turning away from democracy, she argues, we must fundamentally reform it. Edge of Chaos presents a radical blueprint for change in order to galvanize growth and ensure the survival of democracy in the twenty-first century.

About Dambisa Moyo

Dambisa Moyo is the New York Times bestselling author of How the West Was Lost and Dead Aid. Born and raised in Lusaka, Zambia, Moyo completed a PhD in economics at Oxford University and holds a master's degree from Harvard University's John F. Kennedy School of Government. She worked for the World Bank as a consultant, and also worked at Goldman Sachs for eight years. In 2009, Time magazine named her one of the "100 most influential people in the world." Her writing frequently appears in the Financial Times, the Economist, the Wall Street Journal, and other publications.


Reviews

Goodreads review by David on May 19, 2018

Dambias Moyo is touted as a fresh and important new voice in economics. The Edge of Chaos, her analysis of the global economy and democracy, plus her ten recommendations to fix it all, does not affirm that reputation. It is superficial, naïve and unimpressive. On the other hand, if you know very lit......more

Goodreads review by Stetson on January 05, 2025

The books is written as if modern nations are in legitimate crisis. This is mystifying as one of the main subjects of the work, the USA, appears to be a stable hegemon in a world order characterized mostly by stasis or skirmishes and desolation in peripheral, no longer strategic regions. There is of......more

Goodreads review by Venky on December 26, 2019

As historian John Dunn has noted “with some very minor exceptions, the word “democracy” has come to symbolise the only legitimate political system in most languages.” However, democracy as is being practiced the world over today, suffers from flaws that are significant and shortcomings that are mate......more

Goodreads review by Navneet on January 05, 2022

Democracy - the current forms of governance in the world is facing key challenges in fulfilling the economic growth and fulfilling the lofty ideals of a peaceful and prosperous world. The challenges of democracy along with the new found prescriptions of anti or de globalisation and letting go by US......more

Goodreads review by John on July 05, 2018

She writes like a globalist, and would have wanted her to focus a bit more on the challenges faced by developing countries especially Africa......more


Quotes

"It is studded with factoids and research findings that readers will no doubt find interesting...The best part is her warning that the free-market capitalism that has lifted millions of people out of poverty in the past half-century may be facing severe tests."—Wall Street Journal

"Edge of Chaos represents an important warning that America's global clout and the global order itself are 'under threat.'"—National Review

"These ideas arrive as something of a relief..."—Financial Times

"The author's program of remedy is provocative and of much interest to advocates of growth. Moyo clearly identifies systemic problems that the democracies-or what's left of them-would do well to address."—Kirkus Reviews

"Moyo's familiarity with the dismal science radiates through her provocative new work, Edge of Chaos as she argues compellingly that the global failure to achieve sustained, inclusive growth underpins the rampant political turmoil."—New York Times Book Review