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The content of this book is actually quite interesting, but the voice over honestly sounds as if Siri is reading it. It ruined my experience of the book.
For a complete cohesive understanding of the credit crunch and its implications, listen to this book.
I've listened to over 20 different audio books on finance and nothing else comes close. You won't find emotional hogwash blurring the authors perceptions which is so prevalent in many other financial books. Just accurate and detailed analysis putting forward both sides of the argument.
The book also has to be commended on its reserved use of complex language, something that other books particularly George Soros Alchemy of Finance fall foul of. With language no more complex than it is necessary, this truly is a masterpiece.
So Will Hutton has written this brilliant book "Them and Us" essentially about post-2008 Britain, and how things could be changed to create a fairer society. He appeared with Kaletsky on an "intelligence Squared" debate about capitalism. This piqued my interest in Kalentsky.
It's not a good book. His thesis is that there has been three previous iterations of capitalism, all of them valid, and we are now on to our fourth. It just doesn't hold up to even a casual analysis.
I have read other literary reviews of this book and likwise they knowledge that Kaletsky is a dreamer. I might better characterize it as blind optimism. Of course this guy is from England; England hasn't been a major world power for almost 100 years. It is this liberal government can fix everything mentality that so permeates much of European thinking. Of course George Soros wrote an excellent review of the book, Kaletsky drools all over himself in the book with praise of Soros. No doubt that capitalistic greed by investment bankers and brokerage firms was partly at fault for the 2008 economic collapse but Kaletsky wrongly believes that more government intervention and regulation can solve all of these problems. He is not only wrong, his unsupportable beliefs that government can fix and right all wrongs is comical.
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