
Member Reviews

Deficit offers an eye-opening take on the global economy and a political system that is unable to put a value on care. Holten takes on economic theory in a way that's conversational, engaging and easy to read. Starting with some brief historical context, she explains how we wound up with the global domination of GDP and the somewhat dysfunctional system we use today.
I only wish Holten went a bit further - her definition of care seems very much focused on healthcare and education. She mentions climate action and caring for our environment briefly, but nothing about art, culture and heritage - things we sometimes try to assign prices which often don't reflect their true value. I'd also be fascinated to explore the idea of 'housing care', such as landlords investing in their tenants' standard of living, and the impact this has on our economic lives.
It's always a good sign when a book gets you thinking. Deficit is a must-read for anyone interested in politics and saving our public services.

Deficit critically examines how mainstream economics has shaped our understanding of value, particularly in ways that erase unpaid care work and environmental costs. The analysis offers a sharp critique of the economic assumptions that continue to shape policy today. By unpacking the history of price theory and economic measurement, the book raises important questions about what—and who—gets valued in our current system. A thought-provoking read for those interested in feminist economics and political economy.

Explains what we already know, but they why we are not valued. Caring for family isn't valued in the economy.
This translates to the caring industries which are primarily staffed by females.
An enlightening read as it backs up what you already feel.