FT Business Book of the Year

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All the books listed for the Financial Times and McKinsey Business Book of the Year Award

What We Owe Each Other by Minouche Shafik

What We Owe Each Other

In this intelligent and lucid book, [Shafik] calls for a new social contract based on three principles: security for all; investment in capability; and efficient and fair sharing of risks. — Read the complete FT review

Synopsis

The social contract shapes everything: our political institutions, legal systems and material conditions, but also the organisation of family and community, our well-being, relationships and life prospects. And yet everywhere, the social contract is failing.

Accelerating changes in technology, demography and climate will reshape our world in ways many of us have yet to grasp. In this landmark study, Minouche Shafik, director of the London School of Economics, draws on evidence from across the globe to identify the key principles every society must adopt if it is to meet the challenges of the coming century, with profound implications for gender equality, education, healthcare provision, the role of business and the future of work.

How should society pool risks, share resources and balance individual with collective responsibility? Brilliantly lucid and accessible, What We Owe Each Other offers new answers to these age-old questions and equips every reader to understand and play their part in the urgent and necessary transformation ahead.