? The solution to global chaos all in one book. Mohamed El Erian, Gordon Brown and Michael Spence’s Permacrisis attempts to tackle global issues including economic instability, inequality, and climate change with one “fresh plan.”

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The authors believe that growth equals power, referencing the fact that economic growth is what delivers life-changing improvements like poverty reduction and medicine. They argue that the overreliance on privatization and deregulation have left economies ill-equipped to handle shocks like COVID-19, inflation, or even geopolitical conflicts. They advocate for public investment and risk-sharing frameworks to foster sustainable growth and propose solutions that would fine-tune existing systems rather than suggesting radical overhauls.

Think of Kintsugi — the Japanese art of repairing broken pottery with gold. This metaphor is used in the book to frame their vision for a world that emerges from crisis stronger and more cohesive. Unrealistic optimism? Maybe. But the authors acknowledge the challenge.

WHERE TO FIND IT- Permacrisis is available at Diwan.

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