
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
“An immense scholarly feat.”—New Yorker * “[A] scorching indictment of free market fundamentalism . . . and how we can change, before it’s too late.”—Esquire
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 landmark 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 trenchant 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 critical idea that needs more attention.
The story the world needs.
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Everyone Should Read this Book
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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.
Essential reading
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let's make sure the next generation of business leaders and politicians are not brainwashed as well.
Excellent. A must read for every business school
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Simply sublime
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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.
Foundational insight for our current and largest challenges
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Answers to essential questions
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depth of research
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Eye opening
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Well done!
Super Informative!
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