Hudson, Michael
The Bubble and Beyond
- ISBN 13:
- 9783949546044
- author:
- Hudson, Michael
- format:
- Hardback
- publisher:
- Islet
- language:
- English
- Publication Year:
- 2014
- Pages:
- 558
- Dimensions:
- 24.4 x 17 x 3 centimetres (1.08
- Genre:
- Business, Economic History, Business,
- Condition:
- New
- Availability:
- Item usually sent within 5 working days
Description
The Bubble and Beyond by Michael Hudson Professor Michael Hudson presents a compelling critique of contemporary finance capitalism and its impact on the world. In this thought-provoking work, he explores how the forces of industrial capitalism have been subverted, leading to widespread financial instability. Hudson argues that debt non-payment can lead to devastating consequences, including foreclosures and the sell-off of public domain assets. He proposes a radical solution: writing down debts in line with ability to pay, as has been done by corporations through Chapter 11 bankruptcies and reorganizations. This approach is rooted in economic history and biblical record, and Hudson believes it will dominate politics over the next generation. This book offers a comprehensive overview of economic thought and its relevance to people worldwide. It provides a fresh perspective on the complex issues shaping our global economy, making it an essential read for anyone interested in understanding the current financial landscape.