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Edge of Chaos

Edge of Chaos

By Dambisa Moyo

Why Democracy Is Failing to Deliver Economic Growth – and How to Fix It. Basic Books, 2018.

5.0 / 2

13 mins read

12 Key insights

A brief summary of Edge of Chaos

A thought-provoking examination of the economic and political challenges facing liberal democracies the world over, along with a proposal of ten far-reaching reforms to move beyond current short-sighted policies and tendencies.

Key insights in Edge of Chaos

1
What do you get from this book? Discover the dangers of short-sighted policies and slowing economic growth around the world
2
Economic growth is critical to the improvement of human societies, but short-sightedness is coming in the way
3
Growth is being suffocated by mountains of debt, scarce natural resources, and poorly allocated capital
4
Challenges to labor and productivity—both drivers of growth—further threaten the global economy
5
Protectionism is a short-sighted political tendency that negatively impacts growth and living standards, and creates instability
6
A global perspective would help address massive movements of people around the world in the form of immigrants and refugees
7
State-run capitalism is expanding worldwide as more countries prioritize economic growth over freedom
8
Moyo’s proposed reforms would push policymakers to think on the long-term, be better prepared, and be held accountable
9
The additional reforms Moyo lays out would improve voters’ understanding of politics and institute mandatory voting
10
Summary of the key insights
11
Selected critiques in brief
12
Final word

Who should read Edge of Chaos

Politicians and policymakers • economics students • disenfranchised voters • supporters of Brexit and other fringe elements • anyone interested in the global economy

About the author of Edge of Chaos

Economist and best-selling author Dambisa Moyo started her career at the World Bank and Goldman Sachs before going on to publish pieces for the Economist, Wall Street Journal, and Financial Times. She was named one of Time’s 100 Most Influential People in 2009, among numerous other awards and honors, including being chosen as World Economic Forum Young Global Leader.

author avatar

Dambisa Moyo

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