Description

Taking a closer look at the industrialized world, this revealing study claims that Canada is in the midst of an economic crisis of global proportions-and that Nobel Prize–winning economists failed to see it coming. This accessible survey tackles the roots of this monetary disaster with a collection of in-depth essays, showing how the global capitalist economy-dependent on hyper-extended credit, fueled by systematic deregulation, and rooted in the contradictions of a mad drive for unlimited profitability-must inevitably end up in such a predicament. From recession to depression and market adjustment to billion-dollar stimulus plans, this reference also proves that there are ways out of this economic conundrum that do not involve saving those responsible.

Bankruptcies & Bailouts

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£21.00

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Paperback / softback by Julie Guard , Wayne Antony

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Taking a closer look at the industrialized world, this revealing study claims that Canada is in the midst of an... Read more

    Publisher: Fernwood Publishing Co Ltd
    Publication Date: 01/09/2009
    ISBN13: 9781552663134, 978-1552663134
    ISBN10: 1552663132

    Number of Pages: 128

    Non Fiction , Business, Finance & Law

    Description

    Taking a closer look at the industrialized world, this revealing study claims that Canada is in the midst of an economic crisis of global proportions-and that Nobel Prize–winning economists failed to see it coming. This accessible survey tackles the roots of this monetary disaster with a collection of in-depth essays, showing how the global capitalist economy-dependent on hyper-extended credit, fueled by systematic deregulation, and rooted in the contradictions of a mad drive for unlimited profitability-must inevitably end up in such a predicament. From recession to depression and market adjustment to billion-dollar stimulus plans, this reference also proves that there are ways out of this economic conundrum that do not involve saving those responsible.

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