Disorder

Shortlisted for the 2022 FT Business Book of the Year Award

Disorder: Hard Times in the 21st Century explains the historical origins of the political shocks of the past decade: why politics has been so difficult, why energy and debt are such a large part of these difficulties, and how two rather different kinds of democratic crises exist in Europe and the United States.

Getting to grips with the overlapping geopolitical, economic, and political crises faced by Western democratic societies in the 2020s. The 21st century has brought a powerful tide of geopolitical, economic, and democratic shocks. Their fallout has led central banks to create over $25 trillion of new money, brought about a new age of geopolitical competition, destabilised the Middle East, ruptured the European Union, and exposed old politicalfault lines in the United States. Disorder: Hard Times in the 21st Century is a long history of this present political moment. It recounts three histories - one aboutgeopolitics, one about the world economy, and one about western democracies - and explains how in the years of political disorder prior to the pandemic the disruption in each became one big story. It shows how much of this turbulence originated in problems generated by fossil-fuel energies, and it explains why as the green transition takes place the long-standing predicaments energy invariably shapes will remain in place. The Afterword brings these geopolitical,economic, and political crises up to date by reflecting on the development and impact of the war in Ukraine.