Blog Archive
Popular Posts
-
I found this book for free on the web via the excellent Moneysavingexpert website. This book broadly argues that whilst stock mark...
-
Many investing books focus on “get rich quick” strategies. These tend to be around picking specific shares or times to enter or exit the m...
-
This is a relatively brief book that looks at the causes of The First World War. It does not contain any new research and there is not much...
-
I Am The Secret Footballer supposedly lift the lid on the life of a premiership footballer. It is anonymous and so is supposed to offer ...
-
Particle at the end of the Universe aims to explain the Higgs Boson and how it has been discovered. I have read this book once, but feel...
-
Slavery is topical at the moment with the release of 12 Years as a Slave. It was not an area I knew much about, and I assumed the end o...
-
This book looks at time; why time seems to flow in one direction? Why can we not remember the future? This is a more complex puzzle than i...
-
So you want to get rich and become a millionaire? Perhaps this book will tell you how. The approach taken has been to sample or survey a l...
-
Chavs: The Demonization of the Working Class analyses the way the white working classes have been demonised and ridiculed in popular cul...
-
Stocks for the Long Run is Jeremy Siegel's analysis of the USA's stock market. His thesis is that the stock market is the best pla...
Powered by Blogger.
Search This Blog
Showing posts with label Sociology. Show all posts
Showing posts with label Sociology. Show all posts
Thursday, 10 October 2013
Jilted Generation is a book that argues that the young people today are a jilted generation. They have three problems compared to their parents
The root cause is the most powerful generations are older. They tend to have accumulated more wealth and are more likely to vote and be in positions of power. This leads to a tendency for institutions to encourage outcomes that benefit the older generations. For example pensions rise whilst working age benefits and university support are cut as pensions are a powerful lobby. Likewise high house prices benefit older home owners as the expense of less powerful younger, renters.
There is undoubtedly truth in all of this, although I suspect that every generation has had its challenges(fighting the world wars was probably no picnic). The previous generation had less chance of going to university - it may have been cheaper but fewer people went for example. Government debt has risen but the cost of servicing the debt payments has fallen as interest rates have collapsed(much has been inflated away). And whilst jobs are less stable people have more choice in terms of careers options than their parents faced.
I enjoyed this book as it is well-written with great style. The actual economic analysis is not so strong, and the authors fail to really address how they would deal with the problems they raise. They are probably aiming at shifting the terms of political debate so inter-generation rights are considered.
There is a similiar book by David Willett's called The Pinch, which looks at Baby Boomers and how they have advantages over their children's generation. David Willetts is a conservative rather than a radical and so it is a more right wing critique of the same problem, the relationship between generations. I think the two books can probably be read together.
- House prices have risen and it now takes much longer to be able to save for a deposit
- Wages have not increase much over the past few years and jobs are less stable
- University education is no longer free and the costs have moved from comparable to credit card debt(a few hundred or thousand) to mortgage level debt(tens of thousands)
- Government debts that will need to be repaid
The root cause is the most powerful generations are older. They tend to have accumulated more wealth and are more likely to vote and be in positions of power. This leads to a tendency for institutions to encourage outcomes that benefit the older generations. For example pensions rise whilst working age benefits and university support are cut as pensions are a powerful lobby. Likewise high house prices benefit older home owners as the expense of less powerful younger, renters.
There is undoubtedly truth in all of this, although I suspect that every generation has had its challenges(fighting the world wars was probably no picnic). The previous generation had less chance of going to university - it may have been cheaper but fewer people went for example. Government debt has risen but the cost of servicing the debt payments has fallen as interest rates have collapsed(much has been inflated away). And whilst jobs are less stable people have more choice in terms of careers options than their parents faced.
I enjoyed this book as it is well-written with great style. The actual economic analysis is not so strong, and the authors fail to really address how they would deal with the problems they raise. They are probably aiming at shifting the terms of political debate so inter-generation rights are considered.
There is a similiar book by David Willett's called The Pinch, which looks at Baby Boomers and how they have advantages over their children's generation. David Willetts is a conservative rather than a radical and so it is a more right wing critique of the same problem, the relationship between generations. I think the two books can probably be read together.
Labels:
Sociology
|
0
comments
Monday, 1 July 2013
This book gives biographical account of the lives of five defectors from North Korea. It is ethnographical and does not contain much in the way of facts and figures regarding the regime. It is necessarily a biased viewpoint as there have only been a very small number of defectors and so it is hard to be sure that those profiled are necessarily representative of the people who have remained.
The book does show how the regime began to collapse after the end of communism in Eastern Europe and it is from this point that the standard of living in North Korea began to plummet. By the mid 1990s the economic system almost completely collapsed and the country began to endure widespread famine. The individuals in the book find themselves foraging for weeds to cook or engaging in petty theft to survive. The collapse of the economic system sees their skills (doctors and teachers) being no longer used as schools close and medicines run out. That seems to be a common theme as people’s skill remain unused, factors are scrapped, cinemas and hospital close. All that seems to work are the military and secret police. And the result is a huge loss of life (perhaps 10% of the population) and waste of potential.
The system manages to keep going as the people are starved of information about the outside world, and many seem to believe it is a paradise. Moreover Korea’s pre-communist culture is heavily tied in with families and those who betray the regime stain the family name, ensuring their children and grandchildren are punished. This means that defections are rare, and the huge informal spying network acts to ensure no-one criticise the leadership. It feels very much like George Orwell’s 1984.
The sheer level of terror means that the book is unable to speculate on whether everyone really believes in the regime or if they are just pretending. It seems even those who do defect, at the risk of imprisonment to death, still have some hope that North Korea really is a lie and the outside world is much worse.
It seems to be written from a female point of view. Males are assigned workgroups and jobs, these are often no longer paying and so are relatively worthless unless they are used to accept bribes. However women are allowed to engage in small scale enterprises - cooking, selling or prostitution, forging activities and as wives to those across the border in China. This means women have more opportunities for very limited self advancement and are better able to escape.
The book seems to have few positive notes to it, although it does seem that mobile phones are starting to penetrate into North Korea and radio and television can also project into the country. However it does not make any projects when and if the regime will collapse. It seems the famines of the 1990s are gone as food aid has poured into the country.
The book does show how the regime began to collapse after the end of communism in Eastern Europe and it is from this point that the standard of living in North Korea began to plummet. By the mid 1990s the economic system almost completely collapsed and the country began to endure widespread famine. The individuals in the book find themselves foraging for weeds to cook or engaging in petty theft to survive. The collapse of the economic system sees their skills (doctors and teachers) being no longer used as schools close and medicines run out. That seems to be a common theme as people’s skill remain unused, factors are scrapped, cinemas and hospital close. All that seems to work are the military and secret police. And the result is a huge loss of life (perhaps 10% of the population) and waste of potential.
The system manages to keep going as the people are starved of information about the outside world, and many seem to believe it is a paradise. Moreover Korea’s pre-communist culture is heavily tied in with families and those who betray the regime stain the family name, ensuring their children and grandchildren are punished. This means that defections are rare, and the huge informal spying network acts to ensure no-one criticise the leadership. It feels very much like George Orwell’s 1984.
The sheer level of terror means that the book is unable to speculate on whether everyone really believes in the regime or if they are just pretending. It seems even those who do defect, at the risk of imprisonment to death, still have some hope that North Korea really is a lie and the outside world is much worse.
It seems to be written from a female point of view. Males are assigned workgroups and jobs, these are often no longer paying and so are relatively worthless unless they are used to accept bribes. However women are allowed to engage in small scale enterprises - cooking, selling or prostitution, forging activities and as wives to those across the border in China. This means women have more opportunities for very limited self advancement and are better able to escape.
The book seems to have few positive notes to it, although it does seem that mobile phones are starting to penetrate into North Korea and radio and television can also project into the country. However it does not make any projects when and if the regime will collapse. It seems the famines of the 1990s are gone as food aid has poured into the country.
Labels:
Politics,
Sociology
|
0
comments
Thursday, 24 May 2012
The book’s conclusion is that each industry has started out chaotically with many different companies employing rival standards and establishing their own network. However eventually a large company or small group of large companies has arisen to dominate each industry. These larger companies often offers lower prices, higher quality services or universal service which attracts consumers. However the result of this is the formation of monopolies which ultimately inhibit the creative process. The dominate monopolist will use a variety of methods to inhibit anything that threatens their position such as patients, buying rivals, pricing to remove competitors or surpressing innovations that threaten their core market(an example is AT&T discovering but surpressing the Answerphone).
The monopolisation matters as the result is that a small group have control of the “master switch” that determines the flow of information. The trends the author highlights are then applied to the new internet technologies and the relate to the patient wars that are currently being thought in the mobile phone/internet arena.
The author argues that there is a cycle effect as new technologies emerge which disrupt the existing industries or regulators break them up. A new cycle of consolidation then commences. The book draws on the ideas of Schumpter’s “Creative Distruction”, arguing that the collapse of old monopoly spurs innovation.
I enjoyed the history of film making which has become increasingly high risk, so failures can bring down film studies. Films have increasingly adopted strategies to mitigate that risk,
1. Vertical integration – buying cinemas in order to guarantee a market for films. Regulators have broken up the older Hollywood studio system and forced the studios to sell of their cinemas.
2. Sequels and remakes, this gaurantees a market for fans of previous versions and reduces the risk of developing new intellectual property
3. Films also have a longer product lifecycle, with revenue from sales of DVDs, to television and video game ties ins.
4. Merchandising, especially for children’s films or comics.
5. Establishment of smaller studios owned by larger studios that develop low cost, high risk films.
6. Finally some studies are owned by large conglomerates who can stand the risk of large losses.
A possible flaw in the book is assuming that the Master Switch is as possibly going to matter as much in the internet age. It is fair easier for media owners to censor television, radio or film that YouTube. YouTube and Facebook offer close to zero cost of content creation and distribution, resulting in too much content for any Master Swith owner to moderate. The only way it could be done would be to limit the form in which people can publish their information, but it seems hard to see how that can be “closed down” without user migrating elsewhere.
Labels:
Economics,
Sociology,
Technology
|
0
comments
Tuesday, 22 May 2012
The main thesis of the book is that a lot of our actions are driven by our subconscious and the author claims that he will provide some insight into the latest research from a variety of areas such as Neuroscience and Psychology.
In terms of structure the book follows to imaginary people, Harold and Erika, following them from Harold’s birth to his death. Oddly the events always take place in the 21st century, which gives it a rather unusual feel. The characters are bright and generally lead successful upper middle class lives. Despite the title neither character seem to lead especially social lives. Harold’s influences are his parents and a teacher. Erika is influenced more by a people she meets as she strives to climb the corporate greasy pole. Friends and family of the characters do not feature.
The author believes that:
1. The unconscious mind is far more important in our decisions than we realize.
2. Emotions are bound up in reason and motivate and influence even our most rational thought processes
3. That we are learn from institution and relationships and these have a profound impact on us
The book therefore argues against the model of human beings that are seen to be rational decision makers as in simple economic models. It aims to replace older models of human behavior with deeper, more subtle modesl. However the book suffers as the science is rather weak. There is nothing especially original, and there are better books on aspects of behavioural economics, evolutionary economics and psychology. The author attempts to bring lots of themes together, but it all lacks rigour. There probably is a gap in the market for a book that analyses how people make decisions and the science behind it, but this book falls somewhat short.
A big problem for me is that the main characters are rather dull and the stories of their lives are not especially compelling. If this were a novel it would be a rather tedious one. They don’t really help to draw out his key insights, rather they seem to pad out the word count. The continual setting of the book in the present day makes it hard to suspend disbelief. Finally the characters are not really embodied in any culture or social group and seem to live successful middle class lives, largely on the basis of the fact they are quite intelligent and make good decisions.
Labels:
Economics,
Psychology,
Sociology
|
0
comments
Tuesday, 24 April 2012
This book is a study of genius and what makes some people very high achievers.
The author's conclusion is that genius
is that genius is not something iniate, an intelligence or gift that
a person is born with. Rather it is something that is developed. High
achievers often seem to have first mover advantages getting an
initial lead that means they build more experience and are that
little bit better than those that just miss out. So it is not so much
that genius are unique as born in the right place at the right time.
He invokes a 10,000 hour rule which is a rule of thumb which states
that you are likely to be expert at anything if you devote that much
time to it. Often the number of spaces at the top(or in the team or
industry or group) are limited. Those who are the first to get 10,000
hours of football in, or hockey, or computer programming will become
the elite. Those who get their second will never be able to catch up.
This explains why many of the founders of the large computer
companies are the same age(they got the 10,000 in first), why
footballers tend to have birthdays clustered around certain
months(those in certain months get picked for the most game and why
the Beatles dominated pop music(they got thousands of hours playing
in Germany and Liverpool).
There is an interesting chapter which
looks at the history of air crashes and how different societies lead
to different interactions between pilot and co-pilot. Cultures where
subordinates are able to criticise their superiors have better safety
records as co-pilots are actually able to overrule their pilots. The
point is presumably the culture is a key driver in human activity. I
found this rather fascinating, although it almost seemed like it
could be built into another book.
A criticism of the book is that often I
do not feel the author actually proves his point. It is still
plausible that some geniuses have some innate advantage. He seems to
pick a few anecdotes that do back up his argument. But on the other
hand it seems his books are often designed to encourage you to think
about things in a slightly different way. I suspect that even the
author is not discounting natural intelligence or an individual’s
hard work, but arguing that environment is important too.
Labels:
Psychology,
Sociology
|
0
comments
Friday, 13 April 2012
Chavs: The Demonization of the Working Class
analyses the way the white working classes have been demonised and ridiculed in popular culture. The working class are portrayed as “Vickie Pollard” comedy creations or benefit scroungers in popular media.
This book argues that the working class have been left behind as many members have pulled away into the aspirational Middle Classes. Meanwhile a cultural and economic elite has formed at the top of society as incomes and social situations have diverged. The result is rather like a two nation Britain that Benjamin Disraeli might have recognised. Wilson argues that the gap between rich and poor has widened and the cultural weight of the poor has fallen. Economic changes such as the shift from mass production to a more service oriented economy have eroded trade unionism which was a key factor in working class identity. The book is quite weak on economics and features more on the media representation. He makes much of how Working Classes are often portrayed as criminal or uncultured.
I think the book fails to consider the way in which working class people have chosen to adopt different identities and bought into the Thatcherite idea of individualism and consumerism. I am not sure it is ever going to be possible to turn the clock back to a 1970s world with a strong collective trade union. I am not sure that many people really want to work in a coal mine or steel mill. New Labour only started to win elections when they realised that almost all Working Class people either perceived themselves as Middle Class or aspired to be Middle Class.
Many people argue that more needs to be done to make our society more meritocratic. This book at least makes a case for those who cannot or do not want to become Middle Class. However I think the idea of a Working Class is probably fading away as idenity becomes more complex.
The author writes good prose and I hope to see what else he produces. I think it would be interesting to see him analyse race, gender or sexuality in a similiar way.
This book argues that the working class have been left behind as many members have pulled away into the aspirational Middle Classes. Meanwhile a cultural and economic elite has formed at the top of society as incomes and social situations have diverged. The result is rather like a two nation Britain that Benjamin Disraeli might have recognised. Wilson argues that the gap between rich and poor has widened and the cultural weight of the poor has fallen. Economic changes such as the shift from mass production to a more service oriented economy have eroded trade unionism which was a key factor in working class identity. The book is quite weak on economics and features more on the media representation. He makes much of how Working Classes are often portrayed as criminal or uncultured.
I think the book fails to consider the way in which working class people have chosen to adopt different identities and bought into the Thatcherite idea of individualism and consumerism. I am not sure it is ever going to be possible to turn the clock back to a 1970s world with a strong collective trade union. I am not sure that many people really want to work in a coal mine or steel mill. New Labour only started to win elections when they realised that almost all Working Class people either perceived themselves as Middle Class or aspired to be Middle Class.
Many people argue that more needs to be done to make our society more meritocratic. This book at least makes a case for those who cannot or do not want to become Middle Class. However I think the idea of a Working Class is probably fading away as idenity becomes more complex.
The author writes good prose and I hope to see what else he produces. I think it would be interesting to see him analyse race, gender or sexuality in a similiar way.
Labels:
Sociology
|
0
comments
Subscribe to:
Posts (Atom)




