front cover of The Unaccountability Machine
The Unaccountability Machine
Why Big Systems Make Terrible Decisions—and How the World Lost Its Mind
Dan Davies
University of Chicago Press, 2025
Longlisted for the 2024 Financial Times Book of the Year. How life and the economy became a black box—a collection of systems no one understands, producing outcomes no one likes.
 
Passengers get bumped from flights. Phone menus disconnect. Automated financial trades produce market collapse. Of all the challenges in modern life, some of the most vexing come from our relationships with automation: a large system does us wrong, and there’s nothing we can do about it.

The problem, economist Dan Davies shows, is accountability sinks: systems in which decisions are delegated to a complex rule book or set of standard procedures, making it impossible to identify the source of mistakes when they happen. In our increasingly unhuman world—lives dominated by algorithms, artificial intelligence, and large organizations—these accountability sinks produce more than just aggravation. They make life and economy unknowable—a black box for no reason.

In The Unaccountability Machine, Davies lays bare how markets, institutions, and even governments systematically generate outcomes that no one—not even those involved in making them—seems to want. Since the earliest days of the computer age, theorists have foreseen the dangers of complex systems without personal accountability. In response, British business scholar Stafford Beer developed an accountability-first approach to management called “cybernetics,” which might have taken off had his biggest client (the Chilean government) not fallen to a bloody coup in 1973.

With his signature blend of economic and journalistic rigor, Davies examines what’s gone wrong since Beer, including what might have been had the world embraced cybernetics when it had the chance. The Unaccountability Machine is a revelatory and resonant account of how modern life became predisposed to dysfunction.
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front cover of The Unaccountability Machine
The Unaccountability Machine
Why Big Systems Make Terrible Decisions—and How the World Lost Its Mind
Dan Davies
University of Chicago Press, 2025
This is an audiobook version of this book. 

Longlisted for the 2024 Financial Times Book of the Year. How life and the economy became a black box—a collection of systems no one understands, producing outcomes no one likes.

 
Passengers get bumped from flights. Phone menus disconnect. Automated financial trades produce market collapse. Of all the challenges in modern life, some of the most vexing come from our relationships with automation: a large system does us wrong, and there’s nothing we can do about it.

The problem, economist Dan Davies shows, is accountability sinks: systems in which decisions are delegated to a complex rule book or set of standard procedures, making it impossible to identify the source of mistakes when they happen. In our increasingly unhuman world—lives dominated by algorithms, artificial intelligence, and large organizations—these accountability sinks produce more than just aggravation. They make life and economy unknowable—a black box for no reason.

In The Unaccountability Machine, Davies lays bare how markets, institutions, and even governments systematically generate outcomes that no one—not even those involved in making them—seems to want. Since the earliest days of the computer age, theorists have foreseen the dangers of complex systems without personal accountability. In response, British business scholar Stafford Beer developed an accountability-first approach to management called “cybernetics,” which might have taken off had his biggest client (the Chilean government) not fallen to a bloody coup in 1973.

With his signature blend of economic and journalistic rigor, Davies examines what’s gone wrong since Beer, including what might have been had the world embraced cybernetics when it had the chance. The Unaccountability Machine is a revelatory and resonant account of how modern life became predisposed to dysfunction.
[more]

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Unbroken Ties
The State, Interest Associations, and Corporatism in Post-Soviet Ukraine
Paul Kubicek
University of Michigan Press, 2000
Unbroken Ties examines the relationship between the state and economic interest groups representing labor, capital, and agriculture in Ukraine. The author argues that the absence of "civil society" helps to explain why, in Ukraine, the much-anticipated transition to democracy and the market has not yet been achieved.
Since the collapse of communism in Eastern Europe and the former Soviet Union, there has been a spate of books--optimistic at first--highlighting the transitions to democracy in these countries and the leading role of "civil society" in pushing forward political and economic reform. This study explains why this transition did not take place as anticipated. In essence, organized labor in Ukraine is weak and has been co-opted by the state; in the meantime, leading groups of industrialists and agricultural collectives have strong political influence and shape policies in accordance with their interests. This is very similar to the situation in Russia.
In contrast to works that implicitly assume a pluralist model of development for state-society relations, Unbroken Ties employs corporatism as the basic organizing structure for the study of state-interest group relations in post-Soviet Ukraine. Finding that much of the Soviet "residue" still functions in Ukraine, it argues that a form of state corporatism, which envisions a major role for the state in structuring and controlling interest associations, captures much of the post-Soviet Ukrainian reality. Old groups persist and prosper due to a variety of ties with state elites, whereas new and independent groups find themselves marginalized.
This book will appeal to political scientists, economists, and sociologists studying the transformation of post-communist societies, as well as those interested in the broader, more comparative aspects of democratization and economic reform.
Paul Kubicek is Kenneth Boulding Post-Doctoral Fellow, University of Colorado, Boulder.
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Understanding Capitalism
Critical Analysis From Karl Marx to Amartya Sen
Douglas Dowd
Pluto Press, 2002
Understanding Capitalism combines the essays of seven leading economists, including Robin Hahnel and John Bellamy Foster, in a critical assessment of the relationship between economic thought and the dominance of capitalism. With analyses of economists ranging from Karl Marx to Amartya Sen, the book traces the growth of the capitalist system over the past two hundred years and how economic theory has, in fact, become capitalist ideology. Relating socio-economic and analytical histories to present-day economic policy, this is a thoroughly accessible work which makes an ideal introduction to the key thinkers in economic thought past and present.

Major economists and economic schools of thought are discussed in a chapter-by-chapter guide that covers Marx, Veblen, Gramsci, post-Keynesian theory, US institutionalists, Sweezy and the Monopoly Capital school, and recent Nobel Prize winner Amartya Sen. Contributors include Michael Lebowitz, Carl Boggs, Michael Keaney, Frederic Lee, John Bellamy Foster and Robin Hahnel, with an introduction by the editor, Douglas Dowd.
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Undoing the Revolution
Comparing Elite Subversion of Peasant Rebellions
Vasabjit Banerjee
Temple University Press, 2019

Undoing the Revolution looks at the way rural underclasses ally with out-of-power elites to overthrow their governments—only to be shut out of power when the new regime assumes control. Vasabjit Banerjee first examines why peasants need to ally with dissenting elites in order to rebel. He then shows how conflict resolution and subsequent bargains to form new state institutions re-empower allied elites and re-marginalize peasants.  

Banerjee evaluates three different agrarian societies during distinct time periods spanning the twentieth century: revolutionary Mexico from 1910 to 1930; late-colonial India from 1920 until 1947; and White-dominated Zimbabwe (Rhodesia) from the mid-1960s to 1980. This comparative approach also allows examination of both the underclass need for elite participation and the variety of causes that elites use to incentivize peasant classes to participate, extending from religious-ethnic identity and common political targets to the peasants’ and elites’ own economic grievances. 

Undoing the Revolution demonstrates that both international and domestic investors in cash crops, natural resources, and finance can ally with peasant rebels; and, after threatened or actual state collapse, they can bargain with each other to select new state institutions.

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Unequal Thailand
Aspects of Income, Wealth and Power
Edited by Pasuk Phongpaichit and Chris Baker
National University of Singapore Press, 2015
Extreme inequalities in income,wealth and power lie behind Thailand’s political turmoil. What are the sources of this inequality?  Why does it persist, or even increase when the economy grows? How can it be addressed?


         The contributors to this important study—Thai scholars, reformers and civil servants—shed light on the many dimensions of inequality in Thailand, looking beyond simple income measures to consider land ownership, education, finance, business structures and politics. The contributors propose a series of reforms in taxation, spending and institutional reform that can address growing inequality.


        Inequality is among the biggest threats to social stability in Southeast Asia, and this close study of a key Southeast Asian country will be relevant to regional policy-makers, economists and business decision-makers, as well as students of oligarchy and inequality more generally.  
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front cover of Utopia and Modernity in China
Utopia and Modernity in China
Contradictions in Transition
David Margolies
Pluto Press, 2022
The contradictions of modernization run through the whole of modern Chinese history. The abundance of manufactured goods being sold in the West attests to China's industrial revolution, but this capitalist vision of 'utopia' sits uneasily with traditional Chinese values. It is also in conflict with the socialism that has been the bedrock of Chinese society since the foundation of the People's Republic in 1949.

Utopia and Modernity in China examines the conflicts inherent in China's attempt to achieve a 'utopia' by advancing production and technology. Through the lenses of literature, arts, law, the press and the environment, the contributors interrogate the contradictions of modernization in Chinese society and its fundamental challenges.

By unpicking both China's vision of utopia and its realities and the increasing tension between traditional Chinese values and those of the West, this book offers a unique insight into the cultural forces that are part of reshaping today's China.
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