The Big Myth
How American Business Taught Us to Loathe Government and Love the Free Market
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Narrated by:
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Liza Seneca
About this listen
"A carefully researched work of intellectual history, and an urgently needed political analysis." —Jane Mayer
“[A] scorching indictment of free market fundamentalism … and how we can change, before it’s too late.”—Esquire, Best Books of Winter 2023
The bestselling authors of Merchants of Doubt offer a profound, startling history of one of America’s most tenacious—and destructive—false ideas: the myth of the "free market."
In their bestselling book Merchants of Doubt, Naomi Oreskes and Erik M. Conway revealed the origins of climate change denial. Now, they unfold the truth about another disastrous dogma: the “magic of the marketplace.”
In the early 20th century, business elites, trade associations, wealthy powerbrokers, and media allies set out to build a new American orthodoxy: down with “big government” and up with unfettered markets. With startling archival evidence, Oreskes and Conway document campaigns to rewrite textbooks, combat unions, and defend child labor. They detail the ploys that turned hardline economists Friedrich von Hayek and Milton Friedman into household names; recount the libertarian roots of the Little House on the Prairie books; and tune into the General Electric-sponsored TV show that beamed free-market doctrine to millions and launched Ronald Reagan’s political career.
By the 1970s, this propaganda was succeeding. Free market ideology would define the next half-century across Republican and Democratic administrations, giving us a housing crisis, the opioid scourge, climate destruction, and a baleful response to the Covid-19 pandemic. Only by understanding this history can we imagine a future where markets will serve, not stifle, democracy.©2023 Naomi Oreskes, Erik M. Conway (P)2023 Bloomsbury Publishing Plc
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A startling look at how concentrated financial power and consumerism transformed American politics, resulting in the emergence of populism and authoritarianism, the fall of the Democratic Party - while also providing the steps needed to create a new democracy.
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The Fall of American Populist Economics
- By Charlie Morton on 02-26-20
By: Matt Stoller
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The Precipice
- Neoliberalism, the Pandemic and the Urgent Need for Social Change
- By: Noam Chomsky, C.J. Polychroniou
- Narrated by: Eric Jason Martin
- Length: 13 hrs and 18 mins
- Unabridged
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In The Precipice, Noam Chomsky sheds light into the phenomenon of Trumpism, exposes the catastrophic nature and impact of Trump's policies on people, the environment, and the planet as a whole, and captures the dynamics of the brutal class warfare launched by the masters of capital to maintain and even enhance the features of a dog-eat-dog society to the unprecedented mobilization of millions of people against neoliberal capitalism, racism, and police violence.
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Of Incalculable Importance
- By Anonymous User on 12-15-21
By: Noam Chomsky, and others
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Arguing with Socialists
- By: Glenn Beck
- Narrated by: Glenn Beck, Jeremy Lowell
- Length: 11 hrs and 24 mins
- Unabridged
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In Arguing with Socialists, New York Times best-selling author Glenn Beck arms listeners to the teeth with information necessary to debunk the socialist arguments that have once again become popular, and proves that the free market is the only way to go. With his trademark humor, Beck lampoons the resurgence of this bankrupt leftist philosophy with thousands of stories, facts, and arguments for anyone who is willing to ask the hard questions.
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Its great...whatever
- By Jon on 04-08-20
By: Glenn Beck
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Right Here, Right Now
- Politics and Leadership in the Age of Disruption
- By: Stephen J. Harper
- Narrated by: Stephen J. Harper
- Length: 6 hrs and 32 mins
- Unabridged
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The world is in flux. Disruptive technologies, ideas, and politicians are challenging business models, norms, and political conventions everywhere. How we, as leaders in business and politics, choose to respond matters greatly. Right Here, Right Now sets out a pragmatic, forward-looking vision for leaders in business and politics by analyzing how economic, social, and public policy trends - including globalized movements of capital, goods, and services, and labor - have affected our economies, communities, and governments.
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Excellent book on Politics for Canadians AND Americans
- By John Fernandes on 10-19-18
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The Great Degeneration
- How Institutions Decay and Economies Die
- By: Niall Ferguson
- Narrated by: Paul Slack
- Length: 4 hrs and 18 mins
- Unabridged
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Best-selling author and world-renowned historian Niall Ferguson has won widespread acclaim for thought-provoking works such as Civilization and High Financier. The Great Degeneration tackles nothing less than the decline of Western civilization. Ferguson posits that slowing growth, outrageous debt, and antisocial behavior are contributing to the erosion of the West’s once rock-solid foundations. Ferguson excavates the causes and shows how heroic leadership and radical reform are needed to right the course.
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Superb as always!
- By Ivanhoe on 08-28-17
By: Niall Ferguson
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How Are You Going to Pay for That?
- Smart Answers to the Dumbest Question in Politics
- By: Ryan Cooper
- Narrated by: Ryan Cooper
- Length: 8 hrs and 22 mins
- Unabridged
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How Are You Going to Pay for That? is filled with engaging discussions and detailed strategies that policymakers and citizens alike can use to assail even the most entrenched lines of neoliberal logic and start to undo these long-held misconceptions. Equal parts economic theory, history, and political polemic, this is an essential roadmap for winning the key battles to come.
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Yay, Taxes!!!
- By Luvelway on 02-19-24
By: Ryan Cooper
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The World Turned Upside Down
- America, China, and the Struggle for Global Leadership
- By: Clyde Prestowitz
- Narrated by: Paul Heitsch
- Length: 13 hrs and 24 mins
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When China joined the World Trade Organization in 2001, most experts expected the WTO rules and procedures would liberalize China and make it "a responsible stakeholder in the liberal world order". But the experts made the wrong bet. China today is liberalizing neither economically nor politically but, if anything, becoming more authoritarian and mercantilist. In this book, renowned globalization and Asia expert Clyde Prestowitz describes the key challenges posed by China and the strategies America and the Free World must adopt to meet them.
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Informative and engaging
- By Christopher P Pratt on 02-28-21
By: Clyde Prestowitz
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Ill Fares the Land
- By: Tony Judt
- Narrated by: James Adams
- Length: 5 hrs and 40 mins
- Unabridged
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In Ill Fares The Land, Tony Judt, one of our leading historians and thinkers, reveals how we have arrived at our present dangerously confused moment. Judt masterfully crystallizes what we've all been feeling into a way to think our way into, and thus out of, our great collective dis-ease about the current state of things.
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Blah, Blah, Blah.
- By Michael on 07-15-10
By: Tony Judt
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50 Economics Classics
- Your Shortcut to the Most Important Ideas on Capitalism, Finance, and the Global Economy
- By: Tom Butler-Bowdon
- Narrated by: John Chancer
- Length: 15 hrs and 22 mins
- Unabridged
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Economics drives the modern world and shapes our lives, but few of us feel we have time to engage with the breadth of ideas in the subject. 50 Economics Classics is the smart person's guide to two centuries of discussion of finance, capitalism, and the global economy. From Adam Smith's Wealth of Nations to Thomas Piketty's best-seller Capital in the Twenty-First Century, here are the great books and seminal ideas, clarified and illuminated for all.
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Hostile Takeover
- Resisting Centralized Government's Stranglehold on America
- By: Matt Kibbe
- Narrated by: George Newbern
- Length: 12 hrs and 11 mins
- Unabridged
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Hostile Takeover is a rebellious challenge to the "upper management" of government, who are choking American prosperity and liberty. Matt Kibbe exposes the privileged collusion of Washington insiders - and maps out a proven plan for how to return power from the self-appointed "experts" back to the people. Dubbed "one of the Tea Party's masterminds" by Newsweek, Kibbe reveals how grassroots citizens can and will check the federal behemoth and restore the American enterprise.
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An amazing book from an interesting perspective
- By Aaron on 12-28-12
By: Matt Kibbe
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American Character
- A History of the Epic Struggle Between Individual Liberty and the Common Good
- By: Colin Woodard
- Narrated by: Jonathan Yen
- Length: 9 hrs and 59 mins
- Unabridged
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The struggle between individualism and the good of the community as a whole has been the basis of every major disagreement in our history, from the debates at the Constitutional Convention and in the run-up to the Civil War to the fights surrounding the agenda of the Progressives, the New Deal, the civil rights movement, and the Tea Party.
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Biased Misrepresentation
- By Jay Ehret on 06-24-16
By: Colin Woodard
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Current Affairs editor Nathan J. Robinson has developed a reputation as a meticulous slayer of irrational and bigoted arguments. He has tangled with the likes of Ben Shapiro, Jordan Peterson, and Charles Murray, exposing their flimsy logic and distorted facts with forensic thoroughness and savage wit. In Responding to the Right, Robinson blasts right-wing nonsense with devastating intellectual weaponry, revealing how everyone from Ann Coulter to the National Review uses fear and lies to manipulate the public.
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History we need to know
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Look at a map of the world and you’ll see a colorful checkerboard of nation-states. But this is not where power actually resides. Over the last decade, globalization has shattered the map into different legal spaces: free ports, tax havens, special economic zones. With the new spaces, ultracapitalists have started to believe that it is possible to escape the bonds of democratic government and oversight altogether. Crack-Up Capitalism follows the most notorious radical libertarians around the globe as they search for the perfect space for capitalism.
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During the height of the COVID-19 pandemic, one renowned scientist, in his famous bowtie, appeared daily on major news networks such as MSNBC, NPR, the BBC, and others. Dr. Peter J. Hotez often went without sleep, working around the clock to develop a nonprofit COVID-19 vaccine and to keep the public informed. During that time, he was one of the most trusted voices on the pandemic and was even nominated for a Nobel Peace Prize for his selfless work. He also became one of the main targets of anti-science rhetoric that gained traction through conservative news media.
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The Truth Be Told!
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Time for Socialism
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Over the past four years, world-renowned economist Thomas Piketty documented his close observations on current events through a regular column in the French newspaper Le Monde. His pen captured the rise and fall of Trump, the drama of Brexit, Macron’s ascendance to the French presidency, the unfolding of a global pandemic, and much else besides, always through the lens of Piketty’s fight for a more equitable world. This collection brings together those articles.
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Great book. Lots of data
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The Demon's Brood
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The Plantagenets reigned over England longer than any other family - from Henry II to Richard III. Four kings were murdered, two came close to being deposed, and the last - and most notorious, Richard III - was killed in a battle by rebels. Shakespeare wrote plays about six of them, further entrenching them in the national myth. Based on major contemporary sources and recent research, acclaimed historian Desmond Seward provides the first accessible overview of the whole extraordinary dynasty.
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Could have been fantastic
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The Deficit Myth
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Stephanie Kelton's brilliant exploration of modern monetary theory (MMT) dramatically changes our understanding of how we can best deal with crucial issues ranging from poverty and inequality to creating jobs, expanding health care coverage, climate change, and building resilient infrastructure. Any ambitious proposal, however, inevitably runs into the buzz saw of how to find the money to pay for it, rooted in myths about deficits that are hobbling us as a country.
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Good core idea, ruined by polemics
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The Capital Order
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For more than a century, governments facing financial crisis have resorted to the economic policies of austerity—cuts to wages, fiscal spending, and public benefits—as a path to solvency. Today, an important question remains: What if solvency was never the goal? In The Capital Order, political economist Clara E. Mattei explores the intellectual origins of austerity to uncover its originating motives: the protection of capital—and indeed capitalism—in times of social upheaval from below.
By: Clara E. Mattei
What listeners say about The Big Myth
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- Jesse Hodges
- 03-15-23
The story the world needs.
This book lays out the history of pseudo-libertarianism, how it’s affected our world, and lays out potential paths forward.
A critical idea that needs more attention.
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5 people found this helpful
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- davee
- 04-21-23
Excellent. A must read for every business school
we've been duped.
let's make sure the next generation of business leaders and politicians are not brainwashed as well.
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2 people found this helpful
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- Roy Swan
- 07-18-23
Simply sublime
This deeply researched book is a remarkably readable expose’ of the false narratives that have harmed our economy and our people.
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- Scott
- 10-06-23
Foundational insight for our current and largest challenges
The information and analysis presented in this detailed and profound audiobook holds the key to so many of our problems. By providing thorough historical exposition and perspective we learn in detail how the argument (now gospel for most) that “…government IS the problem” was a manufactured myth - manufactured for specific destructive and corporate aims. I remember when Reagan came into office, I was conducting social science research evaluating the efficacy of a host of governmental programs including the National Health Service Corps among many others. The NHSC was extraordinarily successful and provided essential health services to scores of communities. The new administration forbade us from disseminating or publishing the (government-funded) results because they so clearly contradicted the fallacy the new administration was working diligently (& quickly, successfully) to inculcate in our political culture.
This book not only describes the process of creating this popular myth throughout the 20th century, but it’s analysis puts it in the larger historical, political and cultural contexts. We should all be armed with this understanding so we can read the falsities (like the “necessity” of de-regulation) currently being propagated to prevent us from addressing the most consequential ills of our time: climate change, economic inequality, declining public and environmental health, etc. and thereby more effectively articulate and work for a future.
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- @DrCarlHoffman
- 03-13-24
Everyone Should Read this Book
I don’t trust the press, politicians,or conservative ministers. This book points out how the wealthy people control practically everything. Plus, it describes how they gained control. This book is well written and documented.
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- "teebalicious"
- 06-30-24
Essential reading
A thorough and well-constructed examination of the undue influence that “market fundamentalism” has had on the American experiment, in clear and easy to understand historic terms.
Broken into cogent sections that intertwine to show the full tapestry, with arguments that are based on data, not ideology, this should be required reading for everyone who wants real understanding of our political and economic struggles.
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- Anonymous User
- 06-16-23
Answers to essential questions
One of the most informative books I have ever read and on the most important matter of why we are where we are culturally and economically
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2 people found this helpful
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- al
- 05-20-24
Eye opening
This was a great sweep through the 20th century and the propoganda spread by the rich and powerful.
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- The Smiley
- 06-28-24
depth of research
It felt,especially near the end of the book as though some themes were being repeated excessively--not examples, but overriding themes--to the point of annoiance. Otherwise, very interesting and thought provoking.
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- C. Kevin
- 05-15-23
Super Informative!
So informative that I both listened to audiobook as well as bought a hard bound copy to highlight key passages.
Well done!
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3 people found this helpful