Hot Best Seller

The Coming First World Debt Crisis

Availability: Ready to download

In this book Ann Pettifor examines the issues of debt affecting the first world or OECD countries. She traces the history and roots of where the current international debt crisis comes from--economic liberalization--and the restructuring of the international financial architecture in the early 1970s. The book goes on to explore the implications of high international indebt In this book Ann Pettifor examines the issues of debt affecting the first world or OECD countries. She traces the history and roots of where the current international debt crisis comes from--economic liberalization--and the restructuring of the international financial architecture in the early 1970s. The book goes on to explore the implications of high international indebtedness for governments, corporations, households and individuals. An important and unique contribution is Pettifor's discussion of the justice and morality of debt.


Compare

In this book Ann Pettifor examines the issues of debt affecting the first world or OECD countries. She traces the history and roots of where the current international debt crisis comes from--economic liberalization--and the restructuring of the international financial architecture in the early 1970s. The book goes on to explore the implications of high international indebt In this book Ann Pettifor examines the issues of debt affecting the first world or OECD countries. She traces the history and roots of where the current international debt crisis comes from--economic liberalization--and the restructuring of the international financial architecture in the early 1970s. The book goes on to explore the implications of high international indebtedness for governments, corporations, households and individuals. An important and unique contribution is Pettifor's discussion of the justice and morality of debt.

35 review for The Coming First World Debt Crisis

  1. 4 out of 5

    Juston Fenton

    It's amazing that this book was published in 2006. Pettifor accurately predicted the cause & effect of the GFC missed by neoclassical orthodox economists. Fantastic! It's amazing that this book was published in 2006. Pettifor accurately predicted the cause & effect of the GFC missed by neoclassical orthodox economists. Fantastic!

  2. 4 out of 5

    Darius

    I bought this book after seeing Pettifor on TV, being credited for predicting the current (2007-onward) credit crises. I guess it serves me right that I did not research who the author was. I thought the book was going to be about economics, or that it would throw some light on the nature and extent of the current crisis. Instead, it is a diatribe from someone who seems to be Marxist-Christian-ecologist. I did find it interesting that modern Marxists are now speaking with praise of certain classe I bought this book after seeing Pettifor on TV, being credited for predicting the current (2007-onward) credit crises. I guess it serves me right that I did not research who the author was. I thought the book was going to be about economics, or that it would throw some light on the nature and extent of the current crisis. Instead, it is a diatribe from someone who seems to be Marxist-Christian-ecologist. I did find it interesting that modern Marxists are now speaking with praise of certain classes of businessmen, and even extolling their profit-making. However, this praise is reserved only for those who make "real" things. It is a vague term that is an expansion of the Marxist theory of value, updated to include knowledge work...except financial intermediation. The book is a rant about modern "usury". I made it into about 30 pages but was falling asleep. So, I've listed my copy on Amazon. I'm writing this review because I don't want anyone buying it with the wrong impression. The book would be a valuable addition to any college student preparing a paper where he would like to argue about the evils of "globalization", how bankers are usurers who are driving us to exhaust the planets resources, or how the gold standard was like a corset. For everyone else, it's pretty much useless.

  3. 5 out of 5

    Pedro L. Fragoso

    I got to know of Ann Pettifor from her debate with James Rickards (https://www.youtube.com/watch?v=rsuGt...) and I'm waiting for her new book (https://www.goodreads.com/book/show/3...). Meanwhile, this one was prescient, wise and as it happens, mostly ignored. And it is even more relevant now than when it was written. Full of righteous anger, totally justified and vindicated—and about to be vindicated again, for sure and shame. I got to know of Ann Pettifor from her debate with James Rickards (https://www.youtube.com/watch?v=rsuGt...) and I'm waiting for her new book (https://www.goodreads.com/book/show/3...). Meanwhile, this one was prescient, wise and as it happens, mostly ignored. And it is even more relevant now than when it was written. Full of righteous anger, totally justified and vindicated—and about to be vindicated again, for sure and shame.

  4. 4 out of 5

    Pezerinno

    Good on the surface but ultimately misses the point deep down.

  5. 4 out of 5

    Norbert

  6. 4 out of 5

    Bert

  7. 5 out of 5

    Chudi

  8. 5 out of 5

    Sameer Taneja

  9. 5 out of 5

    Ian

  10. 4 out of 5

    Christian Guthier

  11. 5 out of 5

    Jeremy Williams

  12. 4 out of 5

    Dan Pavilonis

  13. 5 out of 5

    Jake Metcalf

  14. 4 out of 5

    Aditya

  15. 5 out of 5

    Nick

  16. 5 out of 5

    Tersea

  17. 5 out of 5

    Farrukh Bashir

  18. 5 out of 5

    Kari

  19. 4 out of 5

    Scott

  20. 5 out of 5

    Marcus Mayo

  21. 5 out of 5

    Rudolf

  22. 5 out of 5

    Nicholas

  23. 5 out of 5

    Liz

  24. 4 out of 5

    Nancila

  25. 5 out of 5

    John Coughlan

  26. 4 out of 5

    Rickmeister

  27. 4 out of 5

    Aaron Singer

  28. 5 out of 5

    Antoinette

  29. 4 out of 5

    Ahmad Firdaus

  30. 5 out of 5

    Euron Metaliaj

  31. 4 out of 5

    Yun Chang

  32. 4 out of 5

    Trampas Jones

  33. 5 out of 5

    Patricia

  34. 5 out of 5

    Natalia

  35. 4 out of 5

    Daniel

Add a review

Your email address will not be published. Required fields are marked *

Loading...