Princeton UP Ideas Podcast  By  cover art

Princeton UP Ideas Podcast

By: New Books Network
  • Summary

  • A series of interview with authors of new books from Princeton University Press
    New Books Network
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Episodes
  • Jan Eeckhout, "The Profit Paradox: How Thriving Firms Threaten the Future of Work" (Princeton UP, 2021)
    Jul 29 2024
    It is a truth universally acknowledged that as a society we want successful, profitable companies because, as Jan Eeckhout says in The Profit Paradox: How Thriving Firms Threaten the Future of Work (Princeton UP, 2021), “we tend to accept that when firms do well, the economy does well”, even when that's not true. The rising tide, in some cases, does not lift all boats. Even when a few strong players have outsized gains, the rest of the market can suffer. These trends have a ripple effect over time that effectively separate economic winners, who keep an increasingly large share of benefits, from economic losers who struggle to compete, let alone maintain the standard of living achieved by their parents. In this book, Jan Eeckhout documents how a small number of large firms have been able to gain tremendous market power through a variety of mechanisms such as price manipulation, outsourcing, and leveraging new technical innovations. None of these are inherently wrong, but when used by powerful companies to reduce or eliminate potential competition, they lead to inefficient markets that weaken society. It is a case of excessive success, as companies narrowly focus on defending and increasing their profits without significant consideration for the externalities or unintended consequences of these market failures. Eeckhout presents an optimistic outlook of how we can retain the extensive advantages of economic growth while reversing some of these more dangerous trends. His recommendations for the future include leveraging what we've learned from prior generations who faced similar challenges, and building on the incredible technical innovations that have characterized the last few decades, including recent breakthroughs in artificial intelligence. Recommended reading: The Wisdom of Crowds by James Surowiecki.
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    1 hr and 11 mins
  • Musa al-Gharbi, "We Have Never Been Woke: The Cultural Contradictions of a New Elite" (Princeton UP, 2024)
    Jul 28 2024
    How a new "woke" elite uses the language of social justice to gain more power and status--without helping the marginalized and disadvantaged. Society has never been more egalitarian—in theory. Prejudice is taboo, and diversity is strongly valued. At the same time, social and economic inequality have exploded. In We Have Never Been Woke: The Cultural Contradictions of a New Elite (Princeton UP, 2024), Musa al-Gharbi argues that these trends are closely related, each tied to the rise of a new elite—the symbolic capitalists. In education, media, nonprofits, and beyond, members of this elite work primarily with words, ideas, images, and data, and are very likely to identify as allies of antiracist, feminist, LGBTQ, and other progressive causes. Their dominant ideology is “wokeness” and, while their commitment to equality is sincere, they actively benefit from and perpetuate the inequalities they decry. Indeed, their egalitarian credentials help them gain more power and status, often at the expense of the marginalized and disadvantaged. We Have Never Been Woke details how the language of social justice is increasingly used to justify this elite—and to portray the losers in the knowledge economy as deserving their lot because they think or say the “wrong” things about race, gender, and sexuality. Al-Gharbi’s point is not to accuse symbolic capitalists of hypocrisy or cynicism. Rather, he examines how their genuine beliefs prevent them from recognizing how they contribute to social problems—or how their actions regularly provoke backlash against the social justice causes they champion. A powerful critique, We Have Never Been Woke reveals that only by challenging this elite’s self-serving narratives can we hope to address social and economic inequality effectively.
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    40 mins
  • Anton Howes, "Arts and Minds: How the Royal Society of Arts Changed a Nation" (Princeton UP, 2020)
    Jul 22 2024
    Over the past 300 years, The Royal Society for the Encouragement of Arts, Manufactures and Commerce has tried to improve British life in every way imaginable. It has sought to influence education, commerce, music, art, architecture, communications, food, and every other corner of society. Arts and Minds: How the Royal Society of Arts Changed a Nation (Princeton University Press, 2020), written by the historian of innovation and the RSA’s resident historian Anton Howes, is the fascinating story of this unique institution. Drawing on exclusive access to a wealth of rare papers and artifacts from the Society’s own archives, Howes shows how the Society of Arts has constantly reinvented itself to keep in step with changing times. The Society has served as a platform for Victorian utilitarian reformers, purchased and restored an entire village, encouraged the planting of more than sixty million trees, and sought technological alternatives to child labour. Arts and Minds reveals how a society of public-spirited individuals tried to make their country a better place, and draws vital lessons from their triumphs and failures for all would-be reformers today. Matthew Jordan is a professor at McMaster University, where he teaches courses on AI and the history of science. You can follow him on Twitter @mattyj612 or his website matthewleejordan.com.
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    1 hr and 11 mins

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