For the past decade, the Financial Times has been gathering a panel of judges from academia, media, Wall Street, and Silicon Valley to determine the year’s best business book.
When it started the competition in 2005, it set out to find the most insightful and entertaining book of the year, but when the financial crisis hit in 2008, the prize became more focused on what book led the most conversations that year and had the most potential for effecting change.
We’ve collected each of the winners below and explained why they were chosen.
‘Rise of the Robots’ by Martin Ford
Yale bioethicist Wendell Wallach proclaimed in June that the developed world is at an “unparalleled” moment in history where technology is replacing more jobs than it creates. If we use the word “robot” as shorthand for a wide variety of machines and programs fueled by artificial intelligence, then we are in the early stages of a robot revolution.
Tech entrepreneur Martin Ford is one of the loudest voices directing attention to the issue.
In his book he takes an extensive, hard look at how the robot revolution is affecting the developed world and declares that its governments and companies need to take preemptive action to avoid a job crisis sometime in the next few decades.
‘Capital in the Twenty-First Century’ by Thomas Piketty
As soon as the English translation of French economist Thomas Piketty’s 700-page investigation of income inequality came out in March 2014, it became a surprise New York Times bestseller and media staple for weeks, with passionate opinions for and against Piketty’s conclusion that inequality levels are at dangerous levels around the world.
It’s been hard to find someone without an opinion about Piketty since, and he remains a standout figure in the debate surrounding what to do about dangerously high income inequality, which is now most prominently a hot button topic for US presidential candidates, Democrat and Republican alike.
‘The Everything Store’ by Brad Stone
Amazon is one of the largest companies in the world, with a market cap of roughly $322 billion, and its founder and CEO Jeff Bezos is one of the richest people in the world, with an estimated net worth of $59.4 billion.
Bezos may have started Amazon in 1994, but before journalist Brad Stone’s 2013 heavily researched book chronicled the company’s early years and the development of its intense work culture, much of it remained unknown due to Bezos’ tendency to remain tight-lipped.
from Business Insider http://ift.tt/1NqoWKO