Picador 2010
Opening with Oscar Wilde's observation that "nowadays people know 
the price of everything and the value of nothing," Patel shows how our 
faith in prices as a way of valuing the world is misplaced.  He reveals 
the hidden ecological and social costs of a hamburger (as much as $200),
 and asks how we came to have markets in the first place.  Both the 
corporate capture of government and our current financial crisis, Patel 
argues, are a result of our democratically bankrupt political system.
If
 part one asks how we can rebalance society and limit markets, part two 
answers by showing how social organizations, in America and around the 
globe, are finding new ways to describe the world's worth.  If we don't 
want the market to price every aspect of our lives, we need to learn how
 such organizations have discovered democratic ways in which people, and
 not simply governments, can play a crucial role in deciding how we 
might share our world and its resources in common.
This
 short, timely and inspiring book reveals that our current crisis is not
 simply the result of too much of the wrong kind of economics.  While we
 need to rethink our economic model, Patel argues that the larger 
failure beneath the food, climate and economic crises is a political 
one.  If economics is about choices, Patel writes, it isn't often said 
who gets to make them.  The Value of Nothing offers a fresh and 
accessible way to think about economics and the choices we will all need
 to make in order to create a sustainable economy and society.

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