Meltdown tells the story of the financial crisis that destroyed the West’s investment banks, brought the global economy to its knees, and began to undermine three decades of neoliberal orthodoxy. Covering the credit crunch and its aftershocks from the economic front line, BBC journalist Paul Mason explores the roots of the US and UK’s financial hubris, documenting the real world causes and consequences from the Ford Factory, to Wall Street, to the City of London. In response to the immense challenge now facing the existing economic system, he outlines a new era of hyper-regulated capitalism that could emerge from the wreckage.
"synopsis" may belong to another edition of this title.
Paul Mason is the economics editor of the BBC’s flagship current affairsprogram Newsnight and appears frequently on BBC World News America.He has covered globalization and social justice stories from locations aroundthe world, including Latin America, Africa and China. His book Live Working,Die Fighting was longlisted for the Guardian First Book Award.
Mason (Live Working or Die Fighting), the economics editor of BBC Newsnight, relies on accessible and pithy language to lay out the time line of the meltdown of the U.S. economy in September 2008 and its global reverberations. He details the root causes, names names with impunity and place the blame squarely on the shoulders of policymakers. He argues that when the law governing debt to capital ratios was quietly changed in 2004, this gave banks carte blanche to do whatever they needed to do to make money. Mason writes, Had the old capital restrictions been in place, it is unlikely that any of the Wall Street banks could have built up toxic debts on the scale that eventually sank them. With a quick history (and refutation) of neoliberal ideology, he makes his case that we are seeing the closing of an era; the future heralds the end of the old world banking system business model in favor of low-profit, utility-style banking. This is an instructive and succinct play-by-play of the global crisis, helpful for anyone in finance, economics or even policy. (June)
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
"About this title" may belong to another edition of this title.
Shipping:
FREE
Within U.S.A.
Seller: Better World Books: West, Reno, NV, U.S.A.
Condition: Good. Original. Used book that is in clean, average condition without any missing pages. Seller Inventory # GRP14955573
Quantity: 1 available
Seller: Better World Books, Mishawaka, IN, U.S.A.
Condition: Very Good. Original. Former library book; may include library markings. Used book that is in excellent condition. May show signs of wear or have minor defects. Seller Inventory # GRP87250609
Quantity: 1 available
Seller: ThriftBooks-Dallas, Dallas, TX, U.S.A.
Paperback. Condition: Good. No Jacket. Former library book; Pages can have notes/highlighting. Spine may show signs of wear. ~ ThriftBooks: Read More, Spend Less 0.56. Seller Inventory # G1844673960I3N10
Quantity: 1 available
Seller: WorldofBooks, Goring-By-Sea, WS, United Kingdom
Paperback. Condition: Very Good. The book has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged. Seller Inventory # GOR001589559
Quantity: 2 available
Seller: HPB Inc., Dallas, TX, U.S.A.
paperback. Condition: Very Good. Connecting readers with great books since 1972! Used books may not include companion materials, and may have some shelf wear or limited writing. We ship orders daily and Customer Service is our top priority!. Seller Inventory # S_416498275
Quantity: 1 available
Seller: AwesomeBooks, Wallingford, United Kingdom
Paperback. Condition: Very Good. Meltdown: The End of the Age of Greed This book is in very good condition and will be shipped within 24 hours of ordering. The cover may have some limited signs of wear but the pages are clean, intact and the spine remains undamaged. This book has clearly been well maintained and looked after thus far. Money back guarantee if you are not satisfied. See all our books here, order more than 1 book and get discounted shipping. Seller Inventory # 7719-9781844673964
Quantity: 2 available
Seller: GF Books, Inc., Hawthorne, CA, U.S.A.
Condition: Good. Book is in Used-Good condition. Pages and cover are clean and intact. Used items may not include supplementary materials such as CDs or access codes. May show signs of minor shelf wear and contain limited notes and highlighting. 0.44. Seller Inventory # 1844673960-2-4
Quantity: 1 available
Seller: GF Books, Inc., Hawthorne, CA, U.S.A.
Condition: Very Good. Book is in Used-VeryGood condition. Pages and cover are clean and intact. Used items may not include supplementary materials such as CDs or access codes. May show signs of minor shelf wear and contain very limited notes and highlighting. 0.44. Seller Inventory # 1844673960-2-3
Quantity: 1 available
Seller: Bahamut Media, Reading, United Kingdom
Paperback. Condition: Very Good. This book is in very good condition and will be shipped within 24 hours of ordering. The cover may have some limited signs of wear but the pages are clean, intact and the spine remains undamaged. This book has clearly been well maintained and looked after thus far. Money back guarantee if you are not satisfied. See all our books here, order more than 1 book and get discounted shipping. Seller Inventory # 6545-9781844673964
Quantity: 2 available
Seller: Goldstone Books, Llandybie, United Kingdom
Paperback. Condition: Good. All orders are dispatched within one working day from our UK warehouse. We've been selling books online since 2004! We have over 750,000 books in stock. No quibble refund if not completely satisfied. Seller Inventory # mon0006024192
Quantity: 1 available