Posted 20 hours ago

Adrift: 100 Charts that Reveal Why America is on the Brink of Change

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To be very transparent to anyone who has decided to read this far into my review, there are some very specific things that the leading voices on the left and the leading voices on the right do that boil my blood.

There are multiple trajectories of societal and economic changes which are simply unsustainable - be it the widening gap of income between the richest and the poorest, declining access to proper education, reduced social mobility and dwindling middle class - data shows how the current state of affairs is a far cry from the American ideals of equal chances and destiny shaped by hard work.

In 1950, nearly 1 in 3 American non-farm workers was represented by a union, which gave them the ability to organize and exercise bargaining power against powerful employers. Consider the iPhone: all of its core technologies flow from those public sector investments, from the chip at its heart to the GPS satellites and the global network on which it depends. Adrift attempts to make sense of it all, and offers Galloway's unique take on where we're headed and who we'll become, touching on topics as wide-ranging as online dating to minimum wage to the American dream. Friendship is dwindling — 15% of men and 10% of women have no close friends at all which are close to double the numbers reported 30 years ago.

There a very steep and long-term distrust of government, which is now hovering at only about 20% of the population. In conclusion, this book benefits from Galloway's broad knowledge and experience of markets and economics, but suffers from Galloway's extremely poor organization of his argument. His mother immigrated here so of course he's pro-immigration, as am I, but I didn't need to be constantly reminded of it. In the 1960s, he observed that the number of transistors that could be squeezed into a single chip was increasing at a predictable rate—doubling about every eighteen months. To calculate the overall star rating and percentage breakdown by star, we don’t use a simple average.Scott Galloway, an American business success story himself, shows what 2022 America looks like in graphic form. Between 1965 - 1975 more than 66% of members in Congress served the country in uniform, today its less than 20%—not a surprise here given how dumb US politicians are. For example, America now produces nearly as much economic activity in any given month than it did over the course of an entire year in the 1950s. It’s full of insightful data and concise commentary wrapped in the raw, no-bullshit, satirical tone you’d expect from Scott Galloway.

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