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Bad Money: Reckless Finance, Failed Politics, and the Global Crisis of American Capitalism

Availability: Limited Stock

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Bad Money: Reckless Finance, Failed Politics, and the Global Crisis of American Capitalism

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In his acclaimed book American Theocracy, Kevin Phillips warned of the perilous interaction of debt, financial recklessness, and the spiking cost (and growing scarcity) of oil- warnings that are proving to be frighteningly accurate. Now, in his most significant and timely book yet, Phillips takes the full measure of this crisis. They are a part of what he calls "bad money"- not just the depreciated dollar, but also the dangerous attitudes and the flawed products of wayward mega-finance. His devastating conclusion: In its hubris, the financial sector has hijacked the American economy and put our very global future at risk-and it may be too late to stop it.

Publication Date: 15/04/2008
Number of Pages: 256
Binding: Paper Back
ISBN: RP9780670019076
Categories: RP - Current Affairs Books starting from Rs.100

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