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What We Owe Each Other
A New Social Contract
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Description
A transformative new way of tackling the current divisions and future challenges that societies the world over now face from the Director of the LSE.
Longlisted for the 2021 FT / McKinsey Business Book of the Year Award
One of the world's most influential economists sets out the basis for a new social contract fit for the 21st century.
What We Owe Each Other by Minouche Shafik poses critical questions: What does society owe each of us? And what do we owe in return?
Our answer to these inescapable questions—known as the social contract—shapes our politics, economic systems, and every stage of life, from raising children and going to school to finding work and growing old. Yet today, many believe that this contract is not working for them.
Economist Minouche Shafik examines societies across the world and demonstrates that the urgent challenges of technology, demography, and climate require a major shift in priorities. This vision-changing book shows us the way to a new model that provides mutual security and opportunity—a social contract fit for the twenty-first century.
'Excellent... Shafik points us toward... a hopeful framework for social, economic and political renewal' - Michael J. Sandel
'Intelligent and lucid' - Martin Wolf, Financial Times
'A powerful and persuasive moral argument... rigorous and specific enough to help readers think practically about the policies needed' - Melinda Gates
'A necessary contribution at a turning-point in history... A must-read' - Ursula von der Leyen
A Prospect Magazine Best Book of 2021
Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?
What We Owe Each Other by Minouche Shafik is praised for its persuasive diagnosis of current societal issues, with ample policy suggestions and a wide-ranging, impressive scope. It eloquently argues for a new social contract focused on security, capability investment, and fair risk sharing. The book is lauded for its thoughtful content and illuminating exploration of societal interdependence.
Book Details
INFORMATION
ISBN: 9781529112795
Publisher: Vintage Publishing
Format: Paperback / softback
Date Published: 03 March 2022
Country: United Kingdom
Imprint: Vintage
Audience: General / adult, Tertiary education, Professional and scholarly
DIMENSIONS
Spine width: 18.0mm
Width: 130.0mm
Height: 196.0mm
Weight: 180g
Pages: 256
About the Author
Nemat (Minouche) Shafik is the Director of the London School of Economics and Political Science. Born in Egypt, she emigrated as a child to the USA, later moving to the UK for post-graduate studies in economics. At 36, she became the youngest ever Vice President of the World Bank and has since held positions as Permanent Secretary of the UK's Department for International Development, Deputy Managing Director of the International Monetary Fund and as Deputy Governor of the Bank of England. In these roles she has worked on major policy upheavals across the globe, from the fall of the Berlin Wall, to the Arab Spring, to the financial crash in 2008 and the Eurozone crisis. Following her appointment as Director of the LSE in 2017, she launched a programme of research, 'Beveridge 2.0', to rethink the welfare state for the 21st century. She was made a Dame in the Queen's Birthday Honours list in 2015 and in 2020 was appointed a cross-bench peer in the House of Lords.
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