No Sales Tax

Winners take all: the elite charade of changing the world

Masters Tickets
Facebooktwittergoogle_plusredditpinterestlinkedinmail


by Anand Giridharadas, pps. 263, (pub. A.A. Knopf,2018)

Follow this author on Twitter – @anandwrites

More on this work by Anand Giridharadas

For book info, click FB link

What I learned from this book

The author lays some eye-opening stats on us in the Prologue. It does as much to shed light on the financial anxiety most Americans are and have been feeling for quite some time – that contribute to much of the division and fear mongering that has become an American staple for others to ‘swoop in on’ and take full advantage of.

Giridharadas references a study that discovered:

“…middle and lower class Americans (born from 1984 on) now have merely a 35% chance of achieving a comparable lifestyle to their parents (down drastically from previous generations).  He goes on to mention that the top tenth of earners income has doubled since 1980, the top 1% has tripled – and, if you’re in the top .001%, you earned 7x.”  (paraphrased from Prologue, pg. 4) 

The author tells us it is time to examine how income disparity numbers like this arose, and to take an honest look at how the crushing impact it has on the majority of us. 

The author also suggests that the general population would be foolish to (think and hope) that it can sit back and allow the super wealthy and super influential to save us all from this situation.  The reasons, as so carefully laid out in this book, are that many of the same individuals (and companies) who orchestrate, participate, fund, and preside on speaker panels are, in fact, the ones responsible for creating many of the global issues they claim to be solving.

This book is a very eye-opening exposé on what the author terms to be “a charade” that the rich and famous carefully play on the rest of us.  It shows repeated demonstrations as to how and why some very important social problems are to be addressed (as outlined by the super-rich), but fail to ever be resolved. The author informs us that this all appears to be more by design than by circumstance.  It is a harrowing thought– but one he insists is real and that we need to examine.

 What I liked about this book

Having watched Mr. Giridharadas appear on numerous television round tables, I’ve found his overall outlook and knowledge of the world catches my attention.  So, in the interest of full disclosure, I went into this book already knowing I would enjoy his style and delivery. It is one of the main reasons why I was even interested in the book in the first place. Nevertheless, what surprised me most was how he used cases of specific grievances from real-world individuals who run in the same circles of people who play this charade.  He even ‘razzed’ himself for being part of the process (as a well-compensated public speaker); putting him in a willing role within the charade itself in some ways.  He was very forthright in how easy it is to become an unwitting participant in the process due to the willingness to make a living directly from the proceeds (of the charade).

What I disliked about this book

I couldn’t find anything to dislike about this book. In fact, I will bookmark this author in my archives and make sure to flag any future works he brings forward to the reading public.

Whom would I recommend to read this book

I would recommend this book to anyone, anywhere who is curious or “feels frustrated with the system.” These are the real issues we’re dealing with and that must be addressed honestly in order to heal the problems they cause in society.  This applies not only in America, but also to many other countries around the globe.

Any thoughts?

-A.N.

Facebooktwittergoogle_plusredditpinterestlinkedinmail
Webex

**NOW: The Undoing Project – by Michael Lewis

Masters Tickets

Facebooktwittergoogle_plusredditpinterestlinkedinmailThe Undoing Projectby Michael Lewis

Sneak Peek: The best-selling author of Liar’s Poker, The Blind Side and Moneyball shares a unique and winning relationship between two amazing thinkers who changed the way WE think…

For book info, please click FB link:

The Undoing Project – by Michael Lewis, published 2017, ~352 pages

What I learned from this book

I learned that once we are conditioned from childhood to go with the first thing we figure out, it’s almost as if our brain’s memory drive “wipes clean” and we subconsciously disregard any further thoughts and tend to stick with the first answer (remember the old adage: ‘go with what first comes to mind?’  It is still pretty sage advice, BUT, we must also remember that we are capable of more – capable of critical thinking and reasoning that may IMPROVE our original answer(s).

What I liked about this book

I liked the way Lewis used the real life examples of how professional athletes are “misjudged” by agents and scouting team members.  He used the case of Marc Gasol, NBA center.  He explained that Gasol was overlooked by scouts and bad-mouthed for having “man boobs” – as opposed to the Adonis-like structures of his competitive pool.  However, upon someone taking a shot (no pun intended) with Gasol, he in fact became a fine NBA center sans Playgirl cover opportunity!  This is similar to what Lewis showed in Moneyball; whereby the so-called “expert scouts” were shown to have biases that didn’t in fact translate into team results in the end.  Sometimes, the shiny apple not only may have a rotten core, but also may not help the overall team.

Also, I liked the symbiotic relationship the two researchers had in this book.  Amos Tversky was brash and accomplished, while Daniel Kahneman was reserved and introspective.  Together, they were dynamite! They didn’t care what anybody thought about the closeness of their relationship – only that they worked well together and the results of their combined efforts proved its value. That value was to provide proof that the human mind is inherently flawed and often makes errors in judgment.  The problems worsen when those errors go undetected due to our neglect. This is important because occasionally we all are guilty of misjudging or prejudging others.  It becomes critical when we do this in make or break situations (professional, scholastic, etc.)  The point is that none of us have all of the answers to each and every situation!

What I disliked about this book

It was very unfortunate that the friendship ultimately ended.  Like many we have all experienced since youth, the closest ones are the most volatile and/or vulnerable. Old insecurities rise up and we do and/or say things that can be hurtful and destructive.  It’s human nature.

However, it was nice to see that the author was able to extract information from Amos Tversky’s relative (who happened to be one of his students at UC Berkeley) – to clarify many dangling issues after Amos’ passing.

Whom would I recommend to read this book

This book is a fine read for almost all ages. Also, I recommend it for any students working in the areas of either psychology and/or behavioral economics. Of course, being a backer of Michael Lewis’ writing style, I admit I am a bit “biased.”

Any thoughts?

A.N.

 Facebooktwittergoogle_plusredditpinterestlinkedinmail

Webex

**NOW PLAYING: The ‘No Asshole Rule’ – by Robert Sutton

Masters Tickets

Facebooktwittergoogle_plusredditpinterestlinkedinmailThe ‘No Asshole’ Rule – by Richard I. Sutton, publ. 2007, approx. 185 pp.

FB book list info

What I learned from this book

I learned that no matter how talented, experienced or confident an employee or employer is, there is no reason to hire someone who creates a toxic office environment for all of the other team members.  This is a tough call because oftentimes the biggest a**hole in the room tends to be the most productive and or aggressive.  However, the author does an amazing job in convincing the reader that there is never a “good enough reason” to bring in or retain someone who makes the others insane.

What I liked about this book

I liked the case studies that the author brought into his work.  He even used an example from inside of his family when he and his wife came across a dilemma in whether to “unload an a**hole from her law practice.  This added a nice personal touch to the book and made it a more enjoyable ride.

What I disliked about this book

The only thing I can think of is that I just took too long to discover it.  It has a been a best seller (especially in the business world) ever since its release in 2007.  I may have been able to sidestep an a**hole or two had I known about it back then.  However, as they say (whomever “they” are) better late than never!

Whom would I recommend to read this book

This is an excellent read for anyone in the business world.  I might suggest that those who are leaving college and entering the work world would most benefit by learning how to identify and then steer clear of neighboring a**holes in adjoining cubicles or office suites.  However, it is extremely helpful to any and all ages in the professional world.

Any thoughts?

A.N.

 

 

 

 

 

https://www.facebook.com/writeplus1/books?lst=100006341289857%3A100006341289857%3A1497133033

 

 Facebooktwittergoogle_plusredditpinterestlinkedinmail