The global casino : how Wall Street gambles with people and the planet / Ann Pettifor.

Format:

Book

Author/Creator:

Pettifor, Ann, author.

Contributor:

Verso (Firm : London, England), publisher.

Language:

English

Subjects (All):

Environmental economics.

International finance.

Securities industry--United States.

Securities industry.

United States.

Physical Description:

232 pages ; 22 cm

Place of Publication:

London ; New York, NY : Verso, 2026.

Summary:

"The global market in money--housed in the offshore 'shadow' banking system--holds $217 trillion in financial assets and operates beyond the reach of any nation's taxman. Asset managers, private equity firms, and pension and sovereign wealth funds scoop up the world's savings for investment and manage them as they choose, unaccountable to politicians or the citizens who elect them. In this brilliant, accessible and incisive introduction to the murky world of globalized finance, Ann Pettifor links the activities of remote mobile financial markets to both the cost-of-living and climate crises. In an insane global casino, bankers are gambling with our future. When we foot the bill, no one but a few economists understands what has happened. The result is volatile, unpredictable and uncontrollable speculation in global commodities, pension, energy, and housing. Pettifor argues that societies and governments can take back control of the global financial system. We have done it before and can do it again. Indeed, it is imperative that we do so if we are to manage the twin threats of climate breakdown and biosphere collapse."--Amazon.com.

Notes:

Includes bibliographical references and index.

Other Format:

ebook version :

ISBN:

9781804297223

1804297224

OCLC:

1564132860

Publisher Number:

90103710594

CIPO000318750