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When McKinsey Comes to Town
- The Hidden Influence of the World's Most Powerful Consulting Firm
- Narrated by: Ari Fliakos
- Length: 10 hrs and 6 mins
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Publisher's summary
NEW YORK TIMES BESTSELLER • An explosive, deeply reported exposé of McKinsey & Company, the international consulting firm that advises corporations and governments, that highlights the often drastic impact of its work on employees and citizens around the world
"Meticulously reported, and ultimately devastating, this is an important book."—Patrick Radden Keefe, New York Times bestselling author of Empire of Pain and Say Nothing
McKinsey & Company is the most prestigious consulting company in the world, earning billions of dollars in fees from major corporations and governments who turn to it to maximize their profits and enhance efficiency. McKinsey's vaunted statement of values asserts that its role is to make the world a better place, and its reputation for excellence and discretion attracts top talent from universities around the world. But what does it actually do?
In When McKinsey Comes to Town, two prizewinning investigative journalists have written a portrait of the company sharply at odds with its public image. Often McKinsey's advice boils down to major cost-cutting, including layoffs and maintenance reductions, to drive up short-term profits, thereby boosting a company's stock price and the wealth of its executives who hire it, at the expense of workers and safety measures. McKinsey collects millions of dollars advising government agencies that also regulate McKinsey's corporate clients. And the firm frequently advises competitors in the same industries, but denies that this presents any conflict of interest.
In one telling example, McKinsey advised a Chinese engineering company allied with the communist government which constructed artificial islands, now used as staging grounds for the Chinese Navy—while at the same time taking tens of millions of dollars from the Pentagon, whose chief aim is to counter Chinese aggression.
Shielded by NDAs, McKinsey has escaped public scrutiny despite its role in advising tobacco and vaping companies, purveyors of opioids, repressive governments, and oil companies. McKinsey helped insurance companies' boost their profits by making it incredibly difficult for accident victims to get payments; worked its U.S. government contacts to let Wall Street firms evade scrutiny; enabled corruption in developing countries such as South Africa; undermined health-care programs in states across the country. And much more.
Bogdanich and Forsythe have penetrated the veil of secrecy surrounding McKinsey by conducting hundreds of interviews, obtaining tens of thousands of revelatory documents, and following rule #1 of investigative reporting: Follow the money.
When McKinsey Comes to Town is a landmark work of investigative reporting that amounts to a devastating portrait of a firm whose work has often made the world more unequal, more corrupt, and more dangerous.
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When Hu Jintao, China's then vice president, came to visit the New York Stock Exchange and Ground Zero in 2002, he asked Hank Paulson to be his guide. It was a testament to the pivotal role that Goldman Sachs played in helping China experiment with private enterprise. In Dealing with China, the best-selling author of On the Brink draws on his unprecedented access to both the political and business leaders of modern China to answer several key questions.
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A Valuable Book on China
- By Michael Moore on 09-04-15
By: Henry M. Paulson
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That Used to Be Us
- How America Fell Behind in the World It Invented and How We Can Come Back
- By: Thomas L. Friedman, Michael Mandelbaum
- Narrated by: Jason Culp
- Length: 16 hrs and 53 mins
- Unabridged
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Overall
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Performance
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Story
America has a huge problem. It faces four major challenges, on which its future depends, and it is failing to meet them. In That Used to Be Us, Thomas L. Friedman, one of our most influential columnists, and Michael Mandelbaum, one of our leading foreign policy thinkers, analyze those challenges - globalization, the revolution in information technology, the nation's chronic deficits, and its pattern of energy consumption - and spell out what we need to do now to rediscover America and rise to this moment.
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We have met the enemy and it is us.... Pogo
- By Soudant on 09-16-11
By: Thomas L. Friedman, and others
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Superpower Showdown
- How the Battle Between Trump and Xi Threatens a New Cold War
- By: Bob Davis, Lingling Wei
- Narrated by: Rick Adamson
- Length: 15 hrs and 40 mins
- Unabridged
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Overall
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Performance
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Story
This is the inside story of the US-China trade war, how relations between these superpowers unraveled, darkening prospects for global peace and prosperity, as told by two Wall Street Journal reporters, one based in Washington, DC, the other in Beijing, who have had more access to the decision-makers in the White House and in China’s Zhongnanhai leadership compound than anyone else.
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Boring. Waste of Time.
- By DING MING YING 丁明英 on 11-23-20
By: Bob Davis, and others
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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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Overall
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Performance
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Story
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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A Capitalism for the People
- Recapturing the Lost Genius of American Prosperity
- By: Luigi Zingales
- Narrated by: Jonathan Davis
- Length: 11 hrs and 20 mins
- Unabridged
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Overall
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Performance
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Story
Born in Italy, University of Chicago economist Luigi Zingales witnessed firsthand the consequences of high inflation and unemployment - paired with rampant nepotism and cronyism - on a country’s economy. This experience profoundly shaped his professional interests, and in 1988 he arrived in the United States, armed with a political passion and the belief that economists should not merely interpret the world, but should change it for the better.
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Enjoyable but a tad predictable.
- By Kevin on 12-24-12
By: Luigi Zingales
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The Great American Stick Up
- Greedy Bankers and the Politicians Who Love Them
- By: Robert Scheer
- Narrated by: Christian Rummel
- Length: 6 hrs and 12 mins
- Unabridged
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Overall
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Performance
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Story
Instead of going where other journalists have gone in search of this story - the board rooms and trading floors of the big Wall Street firms - Scheer goes back to Washington, D.C., a veritable crime scene, beginning in the 1980s, where the captains of the finance industry, their lobbyists and allies among leading politicians destroyed an American regulatory system that had been functioning effectively since the era of the New Deal.
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A great telling of an unfortunate part of history
- By Trace on 10-27-20
By: Robert Scheer
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Big Dirty Money
- The Shocking Injustice and Unseen Cost of White Collar Crime
- By: Jennifer Taub
- Narrated by: Eliza Foss
- Length: 8 hrs and 49 mins
- Unabridged
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Overall
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Performance
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Story
How ordinary Americans suffer when the rich and powerful use tax doges or break the law to get richer and more powerful - and how we can stop it. There is an elite crime spree happening in America, and the privileged perps are getting away with it. Selling loose cigarettes on a city sidewalk can lead to a choke-hold arrest, and death, if you are not among the top one percent.
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The Loss of Glass-Steagal has led to Cheating
- By Rajiv on 05-23-21
By: Jennifer Taub
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Plutocrats
- The Rise of the New Global Super-Rich and the Fall of Everyone Else
- By: Chrystia Freeland
- Narrated by: Allyson Ryan
- Length: 11 hrs and 38 mins
- Unabridged
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Overall
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Performance
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Story
There has always been some gap between rich and poor in this country, but in the last few decades what it means to be rich has changed dramatically. Alarmingly, the greatest income gap is not between the 1 percent and the 99 percent, but within the wealthiest 1 percent of our nation-as the merely wealthy are left behind by the rapidly expanding fortunes of the new global super-rich. Forget the 1 percent; Plutocrats proves that it is the wealthiest 0.1 percent who are outpacing the rest of us at break-neck speed.
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Good Storytelling but ... analysis is "eh'
- By Susan on 11-04-12
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The Fine Print
- How Big Companies Use 'Plain English' to Rob You Blind
- By: David Cay Johnston
- Narrated by: Todd McLaren
- Length: 12 hrs and 10 mins
- Unabridged
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Overall
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Performance
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David Cay Johnston has made a name for himself as the defender of the common man, calling out the rich and powerful for cheating the system at the expense of everyone else. Whether he's exposing unjust loopholes in the tax code that help the rich get richer or pointing out how powerful corporations pocket government subsidies at excessive taxpayer expense, Johnston is an eloquent town crier for justice and equality.
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A must listen if you love or hate Trump
- By Rob D on 04-19-17
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Third World America
- How Our Politicians Are Abandoning the Middle Class and Betraying the American Dream
- By: Arianna Huffington
- Narrated by: Coleen Marlo
- Length: 6 hrs and 51 mins
- Unabridged
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Overall
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Performance
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Story
America's middle class, the driver of so much of our economic success and political stability, is rapidly disappearing, forcing us to confront the fear that we are slipping as a nation - that our children and grandchildren will enjoy fewer opportunities and face a lower standard of living than we did. It's the dark flipside of the American Dream - an American Nightmare of our own making.
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Sad... but with a ray of hope
- By Maciej on 10-20-10
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The Party
- The Secret World of China's Communist Rulers
- By: Richard McGregor
- Narrated by: Matthew Waterson
- Length: 11 hrs and 14 mins
- Unabridged
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Overall
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Performance
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Story
The Party is Financial Times reporter Richard McGregor's eye-opening investigation into China's Communist Party, and the integral role it has played in the country's rise as a global superpower and rival to the United States. Many books have examined China's economic rise, human rights record, turbulent history, and relations with the US; none until now, however, have tackled the issue central to understanding all of these issues: how the ruling communist government works. The Party delves deeply into China's secretive political machine.
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The content is good but the narrator is terrible
- By Kit on 02-24-20
By: Richard McGregor
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Profiles in Corruption
- Abuse of Power by America’s Progressive Elite
- By: Peter Schweizer
- Narrated by: Charles Constant
- Length: 7 hrs and 23 mins
- Unabridged
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Overall
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Performance
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In Profiles in Corruption, Schweizer offers a deep-dive investigation into the private finances and secrets deals of some of America’s top political leaders. And, as usual, he doesn’t disappoint, with never-before-reported revelations that uncover corruption and abuse of power - all backed up by a mountain of corporate documents and legal filings from around the globe. Learn about how they are making sweetheart deals, generating side income, bending the law to their own benefits, using legislation to advance their own interests, and much more.
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Enlightening & Horrifying!!
- By Kay Lo on 01-22-20
By: Peter Schweizer
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A Collective Bargain
- Unions, Organizing, and the Fight for Democracy
- By: Jane McAlevey
- Narrated by: Jane McAlevey
- Length: 9 hrs and 21 mins
- Unabridged
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Performance
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In A Collective Bargain, longtime labor organizer, environmental activist, and political campaigner Jane McAlevey makes the case that unions are a key institution capable of taking effective action against today’s super-rich corporate class. Since the 1930s, when unions flourished under New Deal protections, corporations have waged a stealthy and ruthless war against the labor movement. And they’ve been winning.
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Disappointing
- By Ellen on 01-26-20
By: Jane McAlevey
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No dictator can rule through fear and violence alone. Naked power can be grabbed and held temporarily, but it never suffices in the long term. A tyrant who can compel his own people to acclaim him will last longer. The paradox of the modern dictator is that he must create the illusion of popular support. Throughout the 20th century, hundreds of millions of people were condemned to enthusiasm, obliged to hail their leaders even as they were herded down the road to serfdom.
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What listeners say about When McKinsey Comes to Town
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- John
- 11-03-22
Be prepared.
This book is extremely well written and highly informative. The authors do a great job of conveying a lot of information in an engaging way that keeps your interest. It reads like a suspense novel about corporate greed, but frightening as you realize it's not fiction.
My warning is that you need to be in a calm state when beginning this book, otherwise the facts they recount can be disturbing. Especially if you, or someone you know, has recently been the victim of downsizing.
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- Amazon Customer
- 01-31-24
Outfucking standing
Worth the 10 hour listen, It will get u mad as hell if you aren’t a millionaire.
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- Native Commissioner
- 10-22-23
One of the most significant books of our age
This is a must read for everyone in a decision making position, especially in governance.
How McKinsey still bags as many government contracts across the globe speaks to how broken capitalism is.
McKinsey has had a hand in many of the most egregious outcomes of capitalistic endeavors. Their schtick as becomes clear in this chronicle is either deny or half-heartedly apologize after the fact.
This book is an amazing piece of irrepressible investigative journalism. I’m stunned the authors were able to uncover so much
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- Jennifer Blowers
- 01-06-23
The tail that wags the dog
Jen B.
I saw the hard copy of this book in an airport during a work trip, took a picture and downloaded to listen while working out. Never had better workouts!! Insightful, frightening, real and inspiring. Kudos to the authors for their bravery.
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- Ashley LeClaire
- 10-20-22
Couldn’t put this down!
Great book, and topic. So well written, I could barely put it down. This book gives you a lot to think about.
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- Randi
- 03-29-23
Fascinating
Interesting and revelatory. All is presented as fact although much would be difficult to confirm. Thought provoking at the least!
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- Amanda
- 12-24-23
Transparent and rage inducing
This book further reveals the corruption behind this company. I had to put this book down from time to time because of how enraging the practices of this firm are. Every chapter was another example of their commitment to revenue over safety, the customer, or even integrity. I knew of their role in the opioid crisis from Empire of Pain (another amazing book) and their philosophy to cut jobs to increase executive bonuses but this book gave me an even greater appreciation of their global impact. It also has me seeing the Harvard Business Review in a new light.
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- RIR
- 01-03-23
seems incomplete
at some point, in the end, the author mentions that mckinsey has done a lot of good things, but cités ni examples, it would have been more balanced to cite some so at least one can compare their full record. no?
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- David
- 02-01-24
They why behind many things you hate
Excellent presentation of logical steps that are behind many things we seem to complain about in everyday life or wonder why/ how did it get to be like this.
It’s always “follow the money”, but the book provides very insightful context.
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- dcard
- 05-18-24
well done ... where's the conclusion?
the book was well performed. the writing was... dire... but so was the subject matter. no conclusion... just ended. worth the listen though.
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