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What exactly is money and what does it do? We might understand coins, notes and gold bars, but do we really understand how credit default swaps and sovereign wealth funds work? With penetrating historical analysis and demystifying language, this guide exposes the flaws in the system that led to financial disaster.
He reveals that this is not just a failure of banking, it is a crisis of money. A combination of deregulation, incompetence and greed has created the conditions for boom and bust. This book not on;y provides an understanding of these factors, but also offers strategies for taking them out of the equation so money can be brought back under control, to serve the people rather than banks.
Peter Stalker is a former co-editor of the New Internationalist who now works as a consultant to a number of UN agencies.
ISBN / Barcode: 9781780262413
The New Internationalist brings to life the people, the ideas and the action in the fight for global justice.
Peter Stalker's concise explanation of the money crisis does an excellent job of deconstructing finance.
Appreciate your attention to detail and as always regard NI as one of the best sources of info on social-welfare, justice and environmental issues on a global scale. Keeps it all in perspective, which becomes increasingly harder to do in the info-overload age!
It's an important publication and I'd love to spread the word about it.
The New Internationalist magazine has won the Media Peace Prize, awarded for an outstanding contribution to world peace and development.
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