Ebook , by Beth Macy

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, by Beth Macy

Ebook , by Beth Macy

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Product details

File Size: 4045 KB

Print Length: 451 pages

Publisher: Little, Brown and Company (July 15, 2014)

Publication Date: July 15, 2014

Sold by: Hachette Book Group

Language: English

ASIN: B00GG0GIT0

Text-to-Speech:

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Amazon Best Sellers Rank:

#87,710 Paid in Kindle Store (See Top 100 Paid in Kindle Store)

This book has received some very good press, including Janet Maslin's review in the NY Times, but it's not as advertised and not what it's cracked up to be. First, the advertising (including on the covers and the flyleaves) makes it sound as though the book is about one man taking on the Chinese government to save an industry. There is some of that, but you don't get to it until the last third of the book, and even then it's really more about the man than the battle with China. And the part about the man is really little more than hero worship, even if the hero is sometimes difficult and cantankerous and off-putting - kind of a lovable John McCain. And because she admires the man so much ("with all his faults she loves him still"), she injects herself into the story way too much, so in some ways it's really all about her.The first two-thirds of the book is a family saga, the family in question being the Bassetts of furniture fame, and there is lots of family gossip that has little or nothing to do with the stated subject of the book. It's interesting reading, and because it's not all about Ms. Macy and her reverence for Mr. Bassett III, it's better in some ways than the part of the book dealing with the stated subject. She also ends the book with a sort of wrap-up of the family saga and the fact that III rose above it. I suppose he may be worth of the praise, but I prefer a bit of distance between the author and her subject, and it just doesn't happen here.

I read about this book in the "New York Times" a week or so ago and downloaded it this morning. It sounded like it shared some characteristics with other books I have enjoyed that explain some of the economic characteristics of different products and put them in a global context - books like "Extra Virgin" (about olive oil) and "Travels of a T-Shirt in the Global Economy". I told myself I'd read the first chapter this morning, then put it down until tonight.I emerged six hours later.My god, this book is AMAZING. Everyone who cares about communities, or about the economy, must read it. It makes me want to question every decision we make about trade agreements, retail purchases, federal subsidies, labor laws, and tax policy. Thank heavens for Bassett, who didn't drink the Koolaid - and for Beth Macy, who has managed to humanize modern global economics and make it understandable for everyone.

When I first read about and heard about this book, I was sure I wanted to read it. I live in Southside Virginia. Before I moved here, DuPont and Tultex had closed. Since I’ve lived here, I’ve seen the closings of all the major companies that made this area the manufacturing powerhouse it was. Now that’ve read the book, I would highly recommend it as an explanation for how American jobs were handed over to foreign interests. We rolled over and played dead.The really good parts: Beth Macy did an excellent job of going step-by-step through what happened to the furniture industry that built this area, both in its heyday and in its capitulation to Asian manufacturing. Finally, someone talked about the out-sourcing of American jobs remembering the people who were hurt by them. These are people who will never have a job that good again before they retire. They were trained for factory work that doesn’t exist anymore. If they want a job that pays almost as well as the one they lost, they have to leave the area. Thousands already have. If other Americans think it isn’t coming to their towns, they’re wrong.Ms. Macy rightfully takes to task the economists in their ivory towers. They talk about the consumer getting a better deal by having cheaper products available to them. This kind of short-sighted thinking does not consider a major factor in this equation—consumers have to have jobs in order to consume. No job, no buying the cheap products that put them out of work. No buying, slow economy that takes a long time to recover. This ought to sound familiar to anyone listening to economic news these days.Even more telling was the comment made by the Asian who marveled that American capitalists would do anything for a buck, including give away their manufacturing knowledge and jobs. He said once they had these things, they wouldn’t be stupid enough to give them up.I appreciated her declaring at the beginning of the book her own biases—she was the daughter of factory workers in Ohio and had seen her own parents put out of work when the jobs were taken somewhere else. She acknowledged that she liked some of the main characters in the book more than others, including her admiration for John D. Bassett, III, the book’s main character. She pointedly remembered the folks others wouldn’t have remembered—the factory workers, especially the black ones, and the domestic workers of the factory owners.My one and only complaint was at the beginning of the book, when she talks about the history of the extended Bassett family, she put in every piece of gossip she was told. Macy wrote that the curator of the Bassett Heritage Center told her to. However, I thought she should have exercised a little more judgment. Some pieces of extended family history were just hurtful to no particular end. Some details were tawdry and unnecessary.That said, I would highly recommend the rest of the book.

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