Articoli correlati a Stolen: How to Save the World from Financialisation
A must-read polemic about why the 'recovery' from the 2007-08 crash mostly benefited the 1%, and how democratic socialism can save us from a new crash and climate catastrophe.
For decades, it has been easier to imagine the end of the world than the end of capitalism.
In the decade leading up to the 2008 financial crisis, booming banks, rising house prices and cheap consumer goods propped up living standards in the rich world. Thirty years of rocketing debt and financial wizardry had masked the deep underlying fragility of finance-led growth, and in 2008 we were forced to pay up.
The decade since has witnessed all kinds of morbid symptoms, as all around the rich world, wages and productivity are stagnant, inequality is rising, and ecological systems are collapsing.
Stolen is a history of finance-led growth and a guide as to how we might escape it. We've sat back as financial capitalism has stolen our economies, our environment and even the future itself. Now, we have an opportunity to change course. What happens next is up to us.
For decades, it has been easier to imagine the end of the world than the end of capitalism.
In the decade leading up to the 2008 financial crisis, booming banks, rising house prices and cheap consumer goods propped up living standards in the rich world. Thirty years of rocketing debt and financial wizardry had masked the deep underlying fragility of finance-led growth, and in 2008 we were forced to pay up.
The decade since has witnessed all kinds of morbid symptoms, as all around the rich world, wages and productivity are stagnant, inequality is rising, and ecological systems are collapsing.
Stolen is a history of finance-led growth and a guide as to how we might escape it. We've sat back as financial capitalism has stolen our economies, our environment and even the future itself. Now, we have an opportunity to change course. What happens next is up to us.
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Recensione:
The best thing I've read about how we got into this mess, and how we get out. --Frankie Boyle
One of the most inspiring, thought provoking and insightful voices on the left offers a route map out of this crisis and this is a must read anyone who wants to change the world. --Owen Jones
''A clear, accessible and informative guide to left economics, showing how we got to this era of capitalist crisis, environmental catastrophe and insurgent socialist revival. Grace Blakeley offers radical solutions to an exploitative and unfair system.''
--Bhaskar Sunkara, Jacobin
''Grace Blakeley is one of the sharpest of a new generation of economic and political thinkers, with a gift for clearly and eloquently explaining how we got to the crisis point we're in, and why only radical transformation will get us out. A must-read for today s activists on both sides of the Atlantic.'' --Sarah Jaffe, author of Necessary Trouble: Americans in Revolt
L'autore:
One of the most inspiring, thought provoking and insightful voices on the left offers a route map out of this crisis and this is a must read anyone who wants to change the world. --Owen Jones
''A clear, accessible and informative guide to left economics, showing how we got to this era of capitalist crisis, environmental catastrophe and insurgent socialist revival. Grace Blakeley offers radical solutions to an exploitative and unfair system.''
--Bhaskar Sunkara, Jacobin
''Grace Blakeley is one of the sharpest of a new generation of economic and political thinkers, with a gift for clearly and eloquently explaining how we got to the crisis point we're in, and why only radical transformation will get us out. A must-read for today s activists on both sides of the Atlantic.'' --Sarah Jaffe, author of Necessary Trouble: Americans in Revolt
Grace Blakeley is an economics commentator and research fellow at the Institute of Public Policy Research (IPPR). She has written on economic issues for, amongst others, the New Statesman, the Independent, and Novara Media, where she has a regular column. She has appeared on BBC News, the Today Programme, ITV Granada Debate, and a variety of other TV and radio programmes.
Le informazioni nella sezione "Su questo libro" possono far riferimento a edizioni diverse di questo titolo.
- EditoreRepeater
- Data di pubblicazione2019
- ISBN 10 1912248379
- ISBN 13 9781912248377
- RilegaturaCopertina flessibile
- Numero di pagine320
- Valutazione libreria
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Stolen (Paperback)
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Watkins Media Limited
(2019)
ISBN 10: 1912248379
ISBN 13: 9781912248377
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Descrizione libro Paperback. Condizione: new. Paperback. A readable polemic on the growing dominance of the banks over the UK economy, and what the left can do to challenge it.The last time there had been run a on a British bank was 1886, when Overend, Gurney and Company folded after their appeals to the Bank of England for support fell on deaf ears. Then, in 2008, on the brink of collapse after lending too much money to mortgage-hungry customers, Northern Rock was saved in the largest bank bail-out in history. But why, over one hundred years later, did the Bank of England change tack and intervene?The answer is that, in the years between 1886 and 2008, the UK economy had transformed, and was now more reliant on banks than ever before -- without them, almost every area of economic activity would have ground to a halt. This signifies a fundamental change in the UK's economic model, and this fundamental change has a name- financialisation.Stolen tells the story of how and why this financialisation occurred, what it means for our society and politics, and what the left can do to fight it. At present, the odds are stacked against labour and in favour of finance capital. But what follows it will be determined by which group - the many or the few - manages to take power in this moment of crisis. How we understand this moment, and what we do with it, will determine the course of the future. A readable polemic on the growing dominance of the finance industry over the UK economy, and what the left can do to challenge it. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Codice articolo 9781912248377
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