BOOK REVIEW… The Lugano Report on Preserving Capitalism in the Twenty-First Century

Author: Susan George

ISBN: 0-7453-2206-9

This is the most intense, chilling books I have ever read, leaving me speechless for hours. It appears to be morphing from fiction to non-fiction as time moves on. George’s astute observations of our world helped her foresee the path we have stumbled along since 1999, when the first edition was published. Reminiscent of Swift’s A Modest Proposal, the straight-faced satirical style led to difficulties if readers did not finish the book and believed the report to be real. The new edition, published in 2003, includes an introduction by the author to avoid this misunderstanding.

The premise of the book is that a group of experts have been asked to determine how capitalism can survive in the 21st Century, what the threats are to its long-term preservation and what actions should be taken now to reduce the risks of these threats. See this excellent summary by Frances Hutchinson, for more details.

Following the book, you may feel as powerless and wordless as I did. I recommend visiting these sites for further guidance on what can be done.

TNI: Transnational Institute of Policy Studies.

Feasta: The Foundation for the Economics of Sustainability

Whilst the messages in the book are not the easiest to digest, it is a superbly written book that I couldn’t put down until I had finished. Read it, and then lend it to a friend.

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