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  • The Complacent Class: The Self-Defeating Quest for the American Dream
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4.2 out of 5 stars
4.2 out of 5
475 global ratings
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4 star
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The Complacent Class: The Self-Defeating Quest for the American Dream

The Complacent Class: The Self-Defeating Quest for the American Dream

byTyler Cowen
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Top positive review

Positive reviews›
Randall Parker
5.0 out of 5 starsMany thought-provoking ideas
Reviewed in the United States on July 3, 2017
I am quite surprised (pleasantly so) by some of the ways Tyler Cowen's thinking has developed. This latest book shows a greater amount of intellectual intellectual development than his previous The Great Stagnation. Most pleasing to me was his embrace of cyclical views of history in his final chapter. Though I would like to have seen an appreciation on his part for Peter Turchin's books on patterns in history.

Tyler thinks we're too complacent and too sheltered in our cocoons. He thinks our society is becoming too averse to change. This shows up as NIMBY zoning ordinances, few job switches, less entrepreneurship, and greater willingness to accept the established order. Safe spaces at colleges can be seen as a manifestation of this phenomenon.

As complementary reading for this book I would recommend Peter Turchin's War & Peace & War as an excellent intro to recurring patterns in history. I would also recommend Bill Bishop's The Big Sort about how Americans are migrating to live near people who think like them and live like them.

Cowen does a fairly good job of bringing up many contemporary political issues while not betraying a strong partisan bias. Though it's clear he's trying to pitch his ideas more to appeal to a left-leaning readership. At points his own willingness to stay within the boundaries of politically correct thought places limits on his ability to find and explain patterns. But keep reading through those sections. He gets back to very worthwhile insights in later sections.

What disturbs me about this book is that Tyler has reached a number of conclusions similar to mine about cyclical history but by his own different intellectual path. This unfortunately increases my own assessment of the odds that I'm right to expect a bumpier and possibly much more tragic future.
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15 people found this helpful

Top critical review

Critical reviews›
John T. Landry
3.0 out of 5 starsGood overall argument, but thin and pessimistic
Reviewed in the United States on May 19, 2017
I came to this book with high expectations after reading Average is Over, but as others have said, this one covers a lot of ground and doesn't have the depth of argument or authority. I would have preferred a book that focused on complacency in the economy and tackled the big question now: will the new wave of technology (AI, 3D printing, internet-of-things, extreme mobility) end our decline in productivity growth, in business investment, and in competition? It could have still had a chapter on how these technologies might have wide social ramifications, as a kind of updating of Average is Over.
That said, the book is a useful collection of a lot of interesting trends, especially on declining mobility. And the overall argument is very important -- speaking as someone in the business world where there's still too much talk about the supposed extreme dynamism of the internet age.
I also found the book unnecessarily pessimistic. It's almost as though the author thinks complacency is bad in itself, so he wants to scare us into thinking terrible things are on the horizon. Most of the book is about good news -- we're complacent for a reason -- but the book keeps trying to suggest a dark side. Surely there is a dark side to all these developments (and the opioid etc crisis is a real problem), but we've handled far worse and still achieved a society that's amazingly better than what we had in previous centuries on just about every dimension. The very end of the book briefly takes up Stephen Pinker's Better Angels book, but doesn't take that powerful argument for social progress seriously. There's also no mention of Gregory Clark's Farewell to Alms, which makes a similar if less obvious argument about economics.
The book almost bizarrely suggests that the current violence in the Middle East and Ukraine is strong evidence of cyclicality in world affairs, not progress -- and cites the ancient Greek view that true progress is an illusion. I think what the book really means is that progress is often a matter of two steps forward and one step back, and we might be in for an extended period of stepping back.
Finally, the book has almost nothing to say about how we might be developing new kinds of restlessness that might be more positive, less disruptive than the restlessness it predicts. It doesn't look at how people have been exploring all sorts of new dimensions in culture and religion -- all of which makes sense simply on Maslow's hierarchy of needs. Affluence really does change how we deal with the world.
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17 people found this helpful

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From the United States

Randall Parker
5.0 out of 5 stars Many thought-provoking ideas
Reviewed in the United States on July 3, 2017
Verified Purchase
I am quite surprised (pleasantly so) by some of the ways Tyler Cowen's thinking has developed. This latest book shows a greater amount of intellectual intellectual development than his previous The Great Stagnation. Most pleasing to me was his embrace of cyclical views of history in his final chapter. Though I would like to have seen an appreciation on his part for Peter Turchin's books on patterns in history.

Tyler thinks we're too complacent and too sheltered in our cocoons. He thinks our society is becoming too averse to change. This shows up as NIMBY zoning ordinances, few job switches, less entrepreneurship, and greater willingness to accept the established order. Safe spaces at colleges can be seen as a manifestation of this phenomenon.

As complementary reading for this book I would recommend Peter Turchin's War & Peace & War as an excellent intro to recurring patterns in history. I would also recommend Bill Bishop's The Big Sort about how Americans are migrating to live near people who think like them and live like them.

Cowen does a fairly good job of bringing up many contemporary political issues while not betraying a strong partisan bias. Though it's clear he's trying to pitch his ideas more to appeal to a left-leaning readership. At points his own willingness to stay within the boundaries of politically correct thought places limits on his ability to find and explain patterns. But keep reading through those sections. He gets back to very worthwhile insights in later sections.

What disturbs me about this book is that Tyler has reached a number of conclusions similar to mine about cyclical history but by his own different intellectual path. This unfortunately increases my own assessment of the odds that I'm right to expect a bumpier and possibly much more tragic future.
15 people found this helpful
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P. McCormack
4.0 out of 5 stars Did We Just Turn A Corner? Or not?
Reviewed in the United States on November 22, 2016
Vine Customer Review of Free Product( What's this? )Verified Purchase
First, this book does not directly envision Donald Trump as President. In fact, it envisions a continuation of the pattern it sees, the complacency of the Americas... There is mention that these trends will result in a revolution of sorts, but the author clearly does not see this as imminent. That new fact, Mr, Trump, must have editors scrambling for a forward to be inserted.

This hits home when the author talks about our failure to invest in infrastructure, and specifically through private as well as public means. The reader thinks... well, maybe Mr. Trump will spend a trillion or so on this, so the corner is turned?

The larger goal here is to commit sociology, as George Will says. The sociology is backed by solid statistics. Americans move less, we divorce less, we seek challenges less, we strive less, and we are therefore more complacent. This is a bad thing, because stasis might be comfort, at first, but fosters a lack of resiliency, of dynamism, that can doom a society. It starts, not with the Fall of Rome, but with the second helping at the buffet... so to speak.

I concur with some of the analysis here, and Mr. Trump's America is still sleepy. Young men no longer train for war, they play Just Cause III. We are a nation of couch potatoes, and our public policy does not trend towards greatness. If the Clintons were in the White House, this book would be trenchant. It may still be after the Trump Revolution, or it may be the best written ill-timed book to come along in years.
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John T. Landry
3.0 out of 5 stars Good overall argument, but thin and pessimistic
Reviewed in the United States on May 19, 2017
Verified Purchase
I came to this book with high expectations after reading Average is Over, but as others have said, this one covers a lot of ground and doesn't have the depth of argument or authority. I would have preferred a book that focused on complacency in the economy and tackled the big question now: will the new wave of technology (AI, 3D printing, internet-of-things, extreme mobility) end our decline in productivity growth, in business investment, and in competition? It could have still had a chapter on how these technologies might have wide social ramifications, as a kind of updating of Average is Over.
That said, the book is a useful collection of a lot of interesting trends, especially on declining mobility. And the overall argument is very important -- speaking as someone in the business world where there's still too much talk about the supposed extreme dynamism of the internet age.
I also found the book unnecessarily pessimistic. It's almost as though the author thinks complacency is bad in itself, so he wants to scare us into thinking terrible things are on the horizon. Most of the book is about good news -- we're complacent for a reason -- but the book keeps trying to suggest a dark side. Surely there is a dark side to all these developments (and the opioid etc crisis is a real problem), but we've handled far worse and still achieved a society that's amazingly better than what we had in previous centuries on just about every dimension. The very end of the book briefly takes up Stephen Pinker's Better Angels book, but doesn't take that powerful argument for social progress seriously. There's also no mention of Gregory Clark's Farewell to Alms, which makes a similar if less obvious argument about economics.
The book almost bizarrely suggests that the current violence in the Middle East and Ukraine is strong evidence of cyclicality in world affairs, not progress -- and cites the ancient Greek view that true progress is an illusion. I think what the book really means is that progress is often a matter of two steps forward and one step back, and we might be in for an extended period of stepping back.
Finally, the book has almost nothing to say about how we might be developing new kinds of restlessness that might be more positive, less disruptive than the restlessness it predicts. It doesn't look at how people have been exploring all sorts of new dimensions in culture and religion -- all of which makes sense simply on Maslow's hierarchy of needs. Affluence really does change how we deal with the world.
17 people found this helpful
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Brandon G. Adams
5.0 out of 5 stars Great Read!
Reviewed in the United States on June 22, 2017
Verified Purchase
I strive to be fierce and unbiased in general, though in this case I’ll disclaim that I once had a very Complacent Class-like three Michelin star meal with Tyler Cowen and I liked him very much.

His book is one-third cultural history and observation (think David Brooks’ Bobos in Paradise), one-third data analysis on American class stratification (think Charles Murray’s Coming Apart), and one-third blunt assessment of America’s macroeconomic outlook (in which he says something similar to what I said yesterday, in assessing the outlook: https://steemit.com/bitcoin/@brandonadams/bitcoin-macroeconomics).
The piece that Cowen’s book most reminded me of was a blog post, the most important post I have read in the past five years.

This was a post by @interfluidity called “Tradeoffs Between Inequality, Productivity, and Employment.” http://www.interfluidity.com/v2/3487.html
It’s hard to overstate in my mind exactly how good this post is, and a summary won’t do it justice.

Here are some key excerpts:

Wealth is about insurance much more than it is about consumption. As consumers, our requirements are limited. But the curve balls the universe might throw at us are infinite. If you are very wealthy, there is real value in purchasing yet another apartment in yet another country through yet another hopefully-but-not-certainly-trustworthy native intermediary. There is value in squirreling funds away in yet another undocumented account, and not just from avoiding taxes. Revolutions, expropriations, pogroms, these things do happen. These are real risks. Even putting aside such dramatic events, the greater the level of consumption to which you have grown accustomed, the greater the threat of reversion to the mean, unless you plan and squirrel very carefully. Extreme levels of consumption are either the tip of an iceberg or a transient condition. Most of what it means to be wealthy is having insured yourself well.
…
In “middle class” societies, wealth is widely distributed and most peoples’ consumption desires are not nearly sated. We constantly trade-off a potential loss of insurance against a gain from consumption, and consumption often wins because we have important, unsatisfied wants. So we employ one another to provide the goods and services we wish to consume. This leads to “full employment” — however many we are, we find ways to please our peers, for which they pay us. They in turn please us for pay. There is a circular flow of claims, accompanied by real activity we call “production”.
In economically polarized societies, this dynamic breaks down. The very wealthy don’t employ everybody, because the marginal consumption value of a new hire falls below the insurance value of retaining wealth.

Cowen’s book, in my opinion, does as good a job as any book I have read in spelling out exactly how the problems Waldman details manifest themselves in contemporary American society. The cultural story Cowen tells is one where a large segment of the elite (in Waldman’s context, those seeking additions to their wealth for insurance purposes) understand that the game as it’s being played today (manufactured asset price inflations, at a time when the distribution of assets is highly unequal) is highly inequitable and likely to end poorly, but, far from trying to rectify the situation, they do everything in their power to try to cement the status quo. Cowen has some great material in this area. He notes, echoing David Graeber, that “The complacent class very often has explicit bureaucratization on its side… Bureaucracy, whatever its other goals may be, is very much on the side of the complacent class.”

The problems that pile up as this process continues to unfold used to have narratives associated with them that implied that things were under control and problems would soon be addressed. But increasingly this narrative is being discarded and it’s a raw power game. Cowen describes a dig-in-the-heels mentality. On page 165: “So we pile up more and more issues of this kind, namely ones that don’t require resolution right now. The end result is likely to be that we lose our capacity to solve them at all, whether today, tomorrow, or any other time in the future.” And, later, “as the years pass, it seems increasingly obvious that the social and economic stagnation of our times is more than just a temporary blip; instead, that stagnation reflects deeply rooted structural forces that will be not easy to undo by mere marginal reforms.”
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A. Yoshida
4.0 out of 5 stars A Lot of Interesting Thoughts
Reviewed in the United States on April 24, 2017
Verified Purchase
Cowen's work here is engaging and interesting. The challenge is that there are a lot of questions raised here that don't have good answers or, in many cases, answers at all. For example, the social and economic effects of sorting - in all sorts of areas of life - present a clear challenge to many democratic ideals, but it isn't at all clear that there is much to do except buckle in and enjoy the ride.
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Blair
5.0 out of 5 stars A compelling read with important messages for Boomers, millennials, and any American to consider
Reviewed in the United States on March 22, 2017
Verified Purchase
I read Cowen's (excellent) blog occasionally and heard him give an interview about the ideas presented in this book. So then, evidently unlike several of the reviewers here (how is that possible?), I bought and read this book.

Cowen's thesis here - that America has slowed, is in a phase of stasis, has lost its dynamism, however you want to put it - is both not as controversial as you might think, and supported by a lot of interesting evidence. It is not a politically partisan view per se, either, which only strengthens its appeal, in my opinion. Perhaps you will agree with his larger narrative, or perhaps not, but Cowen makes a compelling case that will force you to think about cyclical trends in American social history. His narrative is accessible, interesting and fun to read.

Some people give Cowen flack for being a "pop" economist, which I think is a pretty dumb critique. Cowen is a public intellectual of the sort America needs far more of - a deep, respected, research-based academic who strives to make his work relevant to a public audience and the the issues of the day. He does this very ably in The Complacent Class. If you're a Baby Boomer, or a millennial like me, read this book - it'll have implications for you either way.
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Avid reader
4.0 out of 5 stars He is one of the most intelligent, forward thinking writers of today
Reviewed in the United States on April 8, 2017
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He is one of the most intelligent, forward thinking writers of today. He knows where we are going long before we get there, and he explains his theories and projections with clarity and compelling arguments. Stop messing around; put him in charge of something important, now.
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Chad R.
5.0 out of 5 stars How prescient!
Reviewed in the United States on May 31, 2022
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Reading this book five years after it was published makes Tyler Cowen seem like some sort of wizard, with so many of the discussions coming to terrifyingly accurate fruition. Increased crime, global conflicts, riots, illiberalism, campus unrest... The cyclical model appears to be, at least right now, a valid approach to developing an understanding of history, economics, and politics. It aligns with my own prejudices and philosophy, but that is largely due to the nature of these subjects from my own limited study of them.

Tyler Cowen has an easy-going, conversational style to his writing that makes the complex subject matter easily digestible without being primarily comprised of flimsy, uncited speculations. Solid references, strong argumentation, and reasonable conclusions make this an accessible volume, like all of his work.
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A. Landry
3.0 out of 5 stars Too liberal for me
Reviewed in the United States on February 26, 2021
Verified Purchase
started to read it but just can't get past the author's political views. I believe the US has enough people writing about this, so to me this was beating a dead horse.
Going to take a break from reading any material generated by members of the main stream media
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MW Arlington
3.0 out of 5 stars Hastily Cobbled Together
Reviewed in the United States on March 18, 2017
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I am typically a big Tyler Cowen fan, but this book disappointed. It felts as though he started a book about complacency and then major events happened (Ferguson, Brexit) and he tried to dump these into his book at the end. The events deserved more thoughtfulness, but he gave them a curmudgeonly treatment of this is good and that is bad.
The reader will find some interesting tidbits in the early chapters about how there are fewer start-ups today than a generation ago.
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