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Meltdown : End of the Age of Greed - Paul Mason

Meltdown

End of the Age of Greed

Paperback

Published: 8th November 2010
Ships: 7 to 10 business days
7 to 10 business days
RRP $21.99
$21.95

`An excellent take on the financial crisis.' Evening Standard

`What people need is a reliable guide to the financial crisis...Meltdown is the book they are looking for.' John Gray, New Statesman

`A lucid and sharply polemical account of the crisis.' Oliver Kamm, The Fines

`A reporter's eye-view of key events, enlivened by colourful brushstrokes.'

Meltdown is the gripping account of the financial collapse that destroyed the West's investment banks, brought the global economy to its knees, and undermined three decades of neoliberal orthodoxy. Covering the development of the crisis from the economic front line, BBC Newsnight 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 this fully updated new edition, he recounts how the credit crunch became a full-blown financial crisis, and explores its impact on capitalist ideology and politics in our new age of austerity.

A page-turning account - Mason is refreshingly clear-eyed--and angry.A" Will Hutton, Guardian What people need is a reliable guide to the financial crisis - Meltdown is the book they are looking for.A" John Gray, New Statesman Excellent.A" Evening Standard A lucid and sharply polemical account.A" Oliver Kamm, The Times

Introductionp. vii
Midtown Meltdown: The Collapse of Free-Market Capitalismp. 1
Hyperdrive Blitzkrieg: Wall Street Hubris Kills the Bailout, Enrages Americap. 22
Financial Krakatoa: From the Banking Explosion to a Volcanic Winter of Recessionp. 37
White Shoes: How Deregulation Made the Investment Banks All-Powerfulp. 56
Subprime: How the Low-Wage Economy Fuelled High-Risk Financep. 81
The Big Freeze: The Credit Crunch and the Inflation Spike of 2007-8p. 99
Helping Is Futile: The Life and Death of Neoliberal Ideologyp. 118
The Disrupted Wave: On the Eve of Depression or a New Long Upswing?p. 143
The Fatal Stimulus: From Global Slump to Euro Crisisp. 174
The Return of Political Economy: Who Pays for the Crisis?p. 217
Notesp. 235
Glossaryp. 249
Indexp. 255
Table of Contents provided by Ingram. All Rights Reserved.

ISBN: 9781844676538
ISBN-10: 1844676536
Audience: BAG
Format: Paperback
Language: English
Number Of Pages: 224
Published: 8th November 2010
Publisher: Verso Books
Country of Publication: GB
Dimensions (cm): 19.8 x 14.6  x 2.2
Weight (kg): 0.3
Edition Number: 1