Bad Money: Reckless Finance, Failed Politics, and the Global Crisis ofAmerican Capitalism ePub (Adobe DRM) download by Kevin Phillips

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

Penguin
Publication date: March 2009
ISBN: 9781101046326
Digital Book format: ePub (Adobe DRM)

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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.
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