The Divide
Audiobook & Ebook

The Divide by Matt Taibbi | Audiobook Review

By Matt Taibbi

Narrated by Ray Porter

🎧 14 hours and 1 minute 📘 Random House Audio 📅 April 8, 2014 🌐 English

About This Audiobook

NEW YORK TIMES BESTSELLER NAMED ONE OF THE BEST BOOKS OF THE YEAR BY THE WASHINGTON POST, NPR, AND KIRKUS REVIEWS

A scathing portrait of an urgent new American crisis

Over the last two decades, America has been falling deeper and deeper into a statistical mystery:

Poverty goes up. Crime goes down. The prison population doubles.
Fraud by the rich wipes out 40 percent of the world’s wealth. The rich get massively richer. No one goes to jail.

In search of a solution, journalist Matt Taibbi discovered the Divide, the seam in American life where our two most troubling trends - growing wealth inequality and mass incarceration - come together, driven by a dramatic shift in American citizenship: Our basic rights are now determined by our wealth or poverty. The Divide is what allows massively destructive fraud by the hyperwealthy to go unpunished, while turning poverty itself into a crime - but it’s impossible to see until you look at these two alarming trends side by side.

In The Divide, Matt Taibbi takes readers on a galvanizing journey through both sides of our new system of justice - the fun-house-mirror worlds of the untouchably wealthy and the criminalized poor. He uncovers the startling looting that preceded the financial collapse; a wild conspiracy of billionaire hedge fund managers to destroy a company through dirty tricks; and the story of a whistleblower who gets in the way of the largest banks in America, only to find herself in the crosshairs. On the other side of the Divide, Taibbi takes us to the front lines of the immigrant dragnet; into the newly punitive welfare system which treats its beneficiaries as thieves; and deep inside the stop-and-frisk world, where standing in front of your own home has become an arrestable offense. As he narrates these incredible stories, he draws out and analyzes their common source: a perverse new standard of justice, based on a radical, disturbing new vision of civil rights.

Through astonishing - and enraging - accounts of the high-stakes capers of the wealthy and nightmare stories of regular people caught in the Divide’s punishing logic, Taibbi lays bare one of the greatest challenges we face in contemporary American life: surviving a system that devours the lives of the poor, turns a blind eye to the destructive crimes of the wealthy, and implicates us all.

Praise for The Divide

“Ambitious . . . deeply reported, highly compelling . . . impossible to put down.” - The New York Times Book Review

“These are the stories that will keep you up at night. . . . The Divide is not just a report from the new America; it is advocacy journalism at its finest.” - Los Angeles Times

“Taibbi is a relentless investigative reporter. He takes readers inside not only investment banks, hedge funds and the blood sport of short-sellers, but into the lives of the needy, minorities, street drifters and illegal immigrants. . . . The Divide is an important book. Its documentation is powerful and shocking.” - The Washington Post

“Captivating . . . The Divide enshrines its author’s position as one of the most important voices in contemporary American journalism.” - The Independent (UK)

“Taibbi [is] perhaps the greatest reporter on Wall Street’s crimes in the modern era.” - Salon

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  • Performance: Ray Porter is credited for fourteen hours thick with case names, bank names and the mechanics of securities fraud, a text whose clauses have to stay parseable out loud.
  • What it covers: two-tier justice, wealth inequality, mass incarceration, prosecutorial discretion, the criminalization of poverty
  • Feel: cold-blooded reporting with the anger kept just under the surface
  • Our call: the clearest account of why one kind of crime gets prosecuted and another does not, still sharp a decade on.

Two justice systems operating inside one country is the claim, and Matt Taibbi spends fourteen hours of audiobook proving it by walking both of them end to end. The arithmetic that opens his case is deliberately flat: poverty rises, crime falls, the prison population doubles, fraud at the top erases an enormous share of global wealth, and nobody goes to jail. Taibbi calls the place where those trends meet the Divide, and argues that what determines your basic rights in America is now your wealth or your poverty rather than your conduct.

Is The Divide Worth Your Time?

What separates this from the shelf of post-crash books is method. The entry that reaches for a comparison puts it well, suggesting you could bookend this with Freeland's Plutocrats, then noting that where the other recounts 'a lot of dry history and statistics interspersed with its revealing interviews,' Taibbi 'isn't afraid to roll up his sleeves and go to the story.' The same entry recalls him going to what it calls the Florida 'rocket docket' court and recording what happened to thousands of people there, then describes the resulting book as written with 'a wry sense of the absurd situations it details.'

Structure is the argument. Taibbi alternates: a chapter on a hedge fund campaign to destroy a company through dirty tricks, then a chapter on the immigrant dragnet. A whistleblower who crosses the largest banks in the country and finds herself targeted, then a welfare system that treats the people it serves as presumptive thieves. Stop-and-frisk, where standing outside your own building became an arrestable offense, set beside looting that preceded the collapse and produced no defendants. Neither half would land alone. Juxtaposed, they do the work no statistic manages.

He is careful, too, about what he is not saying. The book does not argue that the poor are innocent or that the wealthy are uniformly criminal. It argues that discretion, the decision about whom to charge, has become the mechanism through which class operates, and that this happens through ordinary professional judgment rather than conspiracy. That is a harder and more durable claim than outrage usually manages.

The Best Parts of The Divide

Orwell supplies the closest thing to the book's own spirit, by way of an entry opening on the pigs' proclamation from Animal Farm that all animals are equal but some are more equal than others, and reading the book as an examination of 'the processes which have led to the development of a two-tier criminal justice system in the USA.' That entry also situates it as a follow-up to Taibbi's earlier work, which matters: this is a reporter who had already spent years on Wall Street's machinery before turning to what happens at the other end.

For a listener, the payoff is that Taibbi explains without flattening. Complex transactions get narrated as stories with people in them, so the mechanics arrive attached to motive and consequence rather than as abstraction. Fourteen hours is enough room to build each case properly, and because the chapters alternate between worlds, the density never accumulates in one stretch. That alternation is quietly the most audio-friendly decision in the book, though it was surely made for other reasons.

Poor subjects never get rendered as saints here either. People swept up in the immigrant dragnet or cycled through welfare investigations are rendered as people, some sympathetic and some not, which matters because the argument does not depend on their innocence. It depends on the proposition that the process applied to them bears no resemblance to the process applied at the top. That distinction is easy to state and hard to dramatize, and the case-by-case construction is how Taibbi manages it.

Before You Commit to The Divide

Numbers at the top of this page are broken. A single rating is what the tally claims, with 4.6 printed as the average, and a lone vote lands on a whole star or nowhere at all, so that figure has to be summarizing votes the counter never counted. Five separate written responses appear directly underneath. The web address for this listing also carries a trailing numeral, the usual sign that a second page for the same title exists elsewhere in the catalog, useful to know when you are comparing editions or wondering why a search returns the book twice.

Beyond that, the column carries two oddities. One entry credits the book to Mike Taibbi and shortens the title to Divide, an understandable slip that nonetheless makes its otherwise thoughtful account of reconciling belief with reality harder to weigh. Another, written in German, declines to review anything at all: that reader explains they have stopped rating books because they have concluded reviews are too subjective to serve as objective assessment, and tells you to read and form your own opinion. It carries five stars regardless. Treat the visible tally with corresponding care.

Should You Listen to The Divide?

Listeners who came to this subject through the financial crisis and want the other half of the picture will get the most from it, along with anyone working in or near criminal justice who wants the class argument made concretely. A Brazilian entry captures the appeal for a non-American audience, crediting Taibbi with explaining difficult specialized transactions in a way anyone can understand and noting that the transactions themselves are familiar to anybody who lived through the various financial crises. The book travels better than its very American subject matter suggests.

Look elsewhere if you want policy prescriptions, because Taibbi diagnoses at length and prescribes almost nothing. Same goes for anyone who needs their reporting free of authorial temperature: the anger here is controlled but never concealed, and it shapes which details get emphasized and which get a paragraph. If the prospect of fourteen hours on prosecutorial discretion sounds like homework, the alternating structure will help without transforming the material into entertainment. Readers who already know the post-crash literature well may also find the financial half familiar, in which case the criminal-justice chapters are where the new material lives. This is journalism that expects something of you, and says so on every page.

Common Questions

Does the Divide audiobook require any finance background?

None at all. Taibbi builds each transaction as a narrative with identifiable people making decisions, so terms arrive defined by what they do rather than assumed. Reviewers with no professional exposure to the material report following it comfortably, which is the whole point of his reporting method.

Is this audiobook still worth hearing given it came out in 2014?

The specific cases are of their moment, but the argument about who gets charged and who gets settled with has aged uncomfortably well. Treat it as the founding account of a pattern rather than current affairs, and the decade since reads as confirmation rather than as a reason to skip it.

Which stories does the book actually follow?

Several, alternating between the two sides of its title: a campaign by hedge fund managers to wreck a company, a whistleblower who takes on the largest banks in America, the immigrant enforcement dragnet, a welfare system built on suspicion, and the stop-and-frisk regime in its most aggressive years.

Does it cover the 2008 financial collapse itself?

Obliquely. Taibbi is more interested in the looting that came before the collapse and in the striking absence of prosecutions afterward than in narrating the crash. If you want the mechanics of the meltdown itself, this is the sequel to that story rather than the story.

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What Listeners Are Saying

★★★★★

Whatever your viewpoint, this book likely will change it.

You could bookend this with Christa Freeland's "Plutocrats." But where that recounts a lot of dry history and statistics interspersed with its revealing interviews, Taibbi isn't afraid to roll up his sleeves and go to the story. This is a book written with a wry sense of the absurd situations...

- Steven G Duff
★★★★★

It Will Take Your Breath Away

I have always believed in moral outrage at the injustice of being treated unfairly or unequally, that in the United States of America justice would always prevail, that forces of good would always win and the criminal would be punished.But what if it isn't true? How do you reconcile what...

- Edwin C. Pauzer
★★★★★

Njet!

ich bewerte keine Bücher mehr. Nachdem ich zahllose Rezensionen hier auf Amazon gelesen habe, weiß ich, dass sie alle so subjektiv sind, dass sie nicht als objektive Bewertung taugen. Lest und bildet Euch Eure Meinung selbst!

- Kylwalda
★★★★★

a must

Amazing. Matt really knows how to explain difficult especialized transactions in a way anyone can understand. In addition, the book describes transactions well known to any of us who have lived through these various financial crisis.

- Ana Luisa
★★★★★

In the USA today, all animals are equal - but some are more equal than others

Following-up on `The Great Derangement' and `Griftopia', Matt Taibbi in `The Divide' examines the processes which have led to the development of a two-tier criminal justice system in the USA. George Orwell's proclamation (by the pigs) in `Animal Farm' sums it up: "All animals are equal, but some are more...

- Anglian Traveller

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Alexandra Reed

Written by Alexandra Reed

Founder & Literary Critic