Page Text

N E W

Can We Avoid Another Financial Crisis? STEVE KEEN Kingston University ‘No one is more qualified than Steve Keen to answer the question “Can we avoid another financial crisis?” with more than a single word. Read this book!’ Yanis Varoufakis, former Finance Minister of Greece ‘In this compelling essay, Steve Keen shows that the “Great Moderation” was in fact a great delusion and documents, to brutal effect, the foolish complacency of mainstream macroeconomists.’ James K. Galbraith, University of Texas at Austin ‘Steve Keen explains why the financial crisis occurred, and why it can’t just get better on its own, along its present track. He also explains – in a hilarious and absolutely justified takedown – why mainstream economists have a “trained incapacity” in being unable to understand why the economy has broken down – and hence, why they don’t have a real solution.’ Michael Hudson, author of Killing the Host and The Bubble and Beyond The Great Financial Crash had cataclysmic effects on the global economy, and took conventional economists completely by surprise. Many leading commentators declared shortly before the crisis that the magical recipe for eternal stability had been found. Less than a year later, the biggest economic crisis since the Great Depression erupted. In this explosive book, Steve Keen, one of the very few economists who anticipated the crash, shows why the self-declared experts were wrong and how ever-rising levels of private debt make another financial crisis almost inevitable unless politicians tackle the real dynamics causing financial instability. He also identifies the economies that have become ‘The Walking Dead of Debt’, and those that are next in line – including Australia, Belgium, China, Canada and South Korea. A major intervention by a fearlessly iconoclastic figure, this book is essential reading for anyone who wants to understand the true nature of the global economic system. SERIES: THE FUTURE OF CAPITALISM 190 x 124mm | 160 pages | April 2017 HB | 978-1-5095-1372-7 | £40.00 | $64.95 | €51.90 PB | 978-1-5095-1373-4 | £9.99 | $12.95 | €12.90 ebook available

N E W

Is Inequality in America Irreversible? CHUCK COLLINS Institute for Policy Studies ‘This powerful new book explains the government policies that have created extreme inequality over the past 40 years or so, and what the American people can do to reverse it – if they decide they want to.’ Morris Pearl, Patriotic Millionaires “If you care about building a just and equitable society, this book is for you. Chuck Collins offers savvy remedies, interventions, and strategies so that ordinary Americans can fight back, reverse inequality, and restore democracy.” Katrina vanden Heuvel, The Nation We are living in a time of extreme inequality: America’s three richest people now own as much wealth as the bottom half of the population. Although most accept that this is grotesque, many politicians accept it as irreversible. In this book, leading US researcher and activist Chuck Collins succinctly diagnoses the drivers of rampant inequality, arguing that such disparities have their roots in 40 years of the powerful rigging the system in their favor. He proposes a far-reaching policy agenda, analyzes the barriers to progress, and shows how transformative local campaigns can become a national movement for change. This book is a powerful analysis of how the plutocracy sold us a toxic lie, and what we can do to reverse inequality. SERIES: THE FUTURE OF CAPITALISM 190 x 124mm | 160 pages | March 2018 HB | 978-1-5095-2250-7 | £35.00 | $45.00 | €44.90 PB | 978-1-5095-2251-4 | £9.99 | $12.95 | €12.90 ebook available

Order online at politybooks.com 2