The Grapes of Wrath
John Steinbeck
Description
“This was first published in 1939 while the US was still grappling with the Depression, and what is brilliant about it is that it reveals that economic problems can’t just be dealt with through some wave of the free-market magic wand. It’s a very harrowing read. The sufferings that the family in this book go through you wouldn’t wish upon anybody, but their sufferings in part come about through a mixture of misfortune, misjudgment and bad luck. I think that this sense of people finding themselves hugely disadvantaged is something that has a modern-day connotation – the whole debate about immigration today is tied up with this. In both cases it’s about migrant labour. In The Grapes of Wrath it’s migrant labour from within the US, and it’s those people who are often the most vulnerable. This is the human aspect of that story, and I think that Steinbeck summarised much of what happened in the Great Depression far better than many economists did, because he really dealt with the true losses that came through for people who just happened to be down on their luck. It may still be possible to argue that free markets are the best option, but it’s important to realise that even if they’re the best option, they may not give you a perfect result. The danger people fall into is thinking it does.” – Stephen D King, The Chief Economist at HSBC.
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