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A sweeping look at the evolution of commercial banks over the past two centuries Commercial banks are among the oldest and most familiar financial institutions. When they work well, we hardly notice; when they do not, we rail against them. What are the historical forces that have shaped the modern banking system? In Unsettled Account, Richard Grossman takes the first truly comparative look at the development of commercial banking systems over the past two centuries in Western Europe, the United States, Canada, Japan, and Australia. Grossman focuses on four major elements that have contributed to banking evolution: crises, bailouts, mergers, and regulations. He explores where banking crises come from and why certain banking systems are more resistant to crises than others, how governments and financial systems respond to crises, why merger movements suddenly take off, and what motivates governments to regulate banks. Grossman reveals that many of the same components underlying the history of banking evolution are at work today. The recent subprime mortgage crisis had its origins, like many earlier banking crises, in a boom-bust economic cycle. Grossman finds that important historical elements are also at play in modern bailouts, merger movements, and regulatory reforms. Unsettled Account is a fascinating and informative must-read for anyone who wants to understand how the modern commercial banking system came to be, where it is headed, and how its development will affect global economic growth.
Simon J. James examines how Gissing's work reveals an unhappy accommodation with money's underwriting of human existence and culture, and how daily life in all its forms – moral, intellectual, familial and erotic – is transcended or made irrelevant by its commodification.
An Argentine naval officer remorsefully admits that he killed thirty people during Argentina’s Dirty War. A member of General Augusto Pinochet’s intelligence service reveals on a television show that he took sadistic pleasure in the sexual torture of women in clandestine prisons. A Brazilian military officer draws on his own experiences to write a novel describing the military’s involvement in a massacre during the 1970s. The head of a police death squad refuses to become the scapegoat for apartheid-era violence in South Africa; he begins to name names and provide details of past atrocities to the Truth Commission. Focusing on these and other confessions to acts of authoritarian state violence, Leigh A. Payne asks what happens when perpetrators publicly admit or discuss their actions. While mechanisms such as South Africa’s Truth and Reconciliation Commission are touted as means of settling accounts with the past, Payne contends that public confessions do not settle the past. They are unsettling by nature. Rather than reconcile past violence, they catalyze contentious debate. She argues that this debate—and the public confessions that trigger it—are healthy for democratic processes of political participation, freedom of expression, and the contestation of political ideas. Payne draws on interviews, unedited television film, newspaper archives, and books written by perpetrators to analyze confessions of state violence in Argentina, Chile, Brazil, and South Africa. Each of these four countries addressed its past through a different institutional form—from blanket amnesty, to conditional amnesty based on confessions, to judicial trials. Payne considers perpetrators’ confessions as performance, examining what they say and what they communicate nonverbally; the timing, setting, and reception of their confessions; and the different ways that they portray their pasts, whether in terms of remorse, heroism, denial, or sadism, or through lies or betrayal.
Far reaching, intellectually rich, and passionately written, Unsettled takes the whole history of Western civilization as its canvas and places onto it the Jewish people and faith. With historical insight and vivid storytelling, renowned anthropologist Melvin Konner charts how the Jews endured largely hostile (but at times accepting) cultures to shape the world around them and make their mark throughout history—from the pastoral tribes of the Bronze Age to enslavement in the Roman Empire, from the darkness of the Holocaust to the creation of Israel and the flourishing of Jews in America. With fresh interpretations of the antecedents of today's pressing conflicts, Unsettled is a work whose modern-day reverberations could not be more relevant or timely.
The Hollywood careers of Aaron Copland and Hanns Eisler brought the composers and their high art sensibility into direct conflict with the premier producer of America's potent mass culture. Drawn by Hollywood's potential to reach—and edify—the public, Copland and Eisler expertly wove sophisticated musical ideas into Hollywood and, each in their own distinctive way, left an indelible mark on movie history. Sally Bick's dual study of Copland and Eisler pairs interpretations of their writings on film composing with a close examination of their first Hollywood projects: Copland's music for Of Mice and Men and Eisler's score for Hangmen Also Die! Bick illuminates the different ways the composers treated a film score as means of expressing their political ideas on society, capitalism, and the human condition. She also delves into Copland's and Eisler's often conflicted attempts to adapt their music to fit Hollywood's commercial demands, an enterprise that took place even as they wrote hostile critiques of the film industry.
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In this updated and expanded edition of climate scientist Steven Koonin’s groundbreaking book, go behind the headlines to discover the latest eye-opening data about climate change—with unbiased facts and realistic steps for the future. "Greenland’s ice loss is accelerating." "Extreme temperatures are causing more fatalities." "Rapid 'climate action' is essential to avoid a future climate disaster." You've heard all this presented as fact. But according to science, all of these statements are profoundly misleading. With the new edition of Unsettled, Steven Koonin draws on decades of experience—including as a top science advisor to the Obama administration—to clear away the fog and explain what science really says (and doesn't say). With a new introduction, this edition now features reflections on an additional three years of eye-opening data, alternatives to unrealistic “net zero” solutions, global energy inequalities, and the energy crisis arising from the war in Ukraine. When it comes to climate change, the media, politicians, and other prominent voices have declared that “the science is settled.” In reality, the climate is changing, but the why and how aren’t as clear as you’ve probably been led to believe. Koonin takes readers behind the headlines, dispels popular myths, and unveils little-known truths: Despite rising greenhouse gas emissions, global temperatures decreased from 1940 to 1970 Models currently used to predict the future do not accurately describe the climate of the past, and modelers themselves strongly doubt their regional predictions There is no compelling evidence that hurricanes are becoming more frequent—or that predictions of rapid sea level rise have any validity Unsettled is a reality check buoyed by hope, offering the truth about climate science—what we know, what we don’t, and what it all means for our future.
Increasingly, many Christians and spiritual seekers feel they are in a sort of wilderness space where the familiar, settled, and normal parts of life have become unsettled, out of balance. More and more people are evaluating their lives and asking, Where to now? In Life Unsettled, Cory Driver uses the metaphor of wilderness journeying (a hallmark of the life of faith across the millennia) and the study of biblical texts, ancient Jewish legends, modern theological insights, and his own personal journeys to provide a guide for moving forward when we feel lost and confused. The biblical book of Numbers takes center stage in the author's creative musings about life in the wilderness. The Hebrew title of Numbers is Bemidbar, which means In the Wilderness. In this oft-overlooked book are stories of God's passionate intimacy and anger, communal formation and struggles, and personal failures and triumphs. The author shows how the wilderness journey in Numbers has a deep relevance for our time and for our personal journeys. The book includes a discussion guide ideal for group use.
Our genetic markers have come to be regarded as portals to the past. Analysis of these markers is increasingly used to tell the story of human migration; to investigate and judge issues of social membership and kinship; to rewrite history and collective memory; to right past wrongs and to arbitrate legal claims and human rights controversies; and to open new thinking about health and well-being. At the same time, in many societies genetic evidence is being called upon to perform a kind of racially charged cultural work: to repair the racial past and to transform scholarly and popular opinion about the “nature” of identity in the present. Genetics and the Unsettled Past considers the alignment of genetic science with commercial genealogy, with legal and forensic developments, and with pharmaceutical innovation to examine how these trends lend renewed authority to biological understandings of race and history. This unique collection brings together scholars from a wide range of disciplines—biology, history, cultural studies, law, medicine, anthropology, ethnic studies, sociology—to explore the emerging and often contested connections among race, DNA, and history. Written for a general audience, the book’s essays touch upon a variety of topics, including the rise and implications of DNA in genealogy, law, and other fields; the cultural and political uses and misuses of genetic information; the way in which DNA testing is reshaping understandings of group identity for French Canadians, Native Americans, South Africans, and many others within and across cultural and national boundaries; and the sweeping implications of genetics for society today.
A shocking inside account of reckless capitalism and injustice in the Purdue Pharma bankruptcy case. In September 2019, Purdue Pharma—the maker of OxyContin and a company controlled by the infamous billionaire Sackler family—filed for bankruptcy to protect itself from 2,600 lawsuits for its role in fueling the U.S. overdose crisis. Author and activist Ryan Hampton served as co-chair of the official creditors committee that acted as a watchdog during the process, one of only four victims appointed among representatives of big insurance companies, hospitals, and pharmacies. He entered the case believing that exposing the Sacklers and mobilizing against Purdue would be enough to right the scales of justice. But he soon learned that behind closed doors, justice had plenty of other competition—and it came with a hefty price tag. Unsettled is the inside story of Purdue’s excruciating Chapter 11 bankruptcy proceedings, the company’s eventual restructuring, and the Sackler family’s evasion of any true accountability. It’s also the untold story of how a group of determined ordinary people tried to see justice done against the odds—and in the face of brutal opposition from powerful institutions and even government representatives. Although America was envisioned as an equitable place, where the vulnerable are protected from the greed of the powerful, the corporate-bankruptcy process betrays those values. In its heart of hearts, this system is built to shield the ultra-wealthy, exploit loopholes for political power, promote gross wealth inequality, and allow companies such as Purdue Pharma to run amok. The real story of the Purdue bankruptcy wasn’t that the billion-dollar corporation was a villain, a serial federal offender. No matter what the media said, Purdue didn’t do this alone. They were aided and abetted by the very systems and institutions that were supposed to protect Americans. Even on-your-side elected officials worked against Purdue’s victims—maintaining the status quo at all costs. Americans deserve to know exactly who is responsible for failing to protect people over profits—and what a human life is worth to corporations, billionaires, and lawmakers. Unsettled is what happened behind closed doors—the story of a sick, broken system that destroyed millions of lives and let the Sacklers off almost scot-free.