• book

From the Publisher

Although the first edition was published in 1989 before the collapse of the Soviet Union, the analysis of the causes of the periodic crisis of capitalism is as relevant today as it was 20 years ago. In this second edition, the author provides an updated analysis of the crash of international finance-capital of 20072008 and draws out the likely implications for the Third World, a perspective that has received little attention elsewhere. This book is a damning critique of a system that has paid trillions of dollars to bail out international banks and financial institutions, the very institutions that were responsible tor creating the crash, while the rest of humanityespecially the majority in the Third Worldsuffers its devastating consequences. Nabudere argues that capitalism has lost all moral and ethical claims to be a means for progress and that it is an indefensible system.
Published: Pambazuka Press an imprint of Independent Publishers Group on
ISBN: 9780857490674
List price: $21.99
Read on Scribd mobile: iPhone, iPad and Android.
Availability for The Crash of International Finance-Capital and Its Implic...
With a 30 day free trial you can read online for free
  1. This book can be read on up to 6 mobile devices.

Related Articles

Bloomberg Businessweek
3 min read

Chinese Buyers Move On From Vancouver

Katia Dmitrieva Just a few days after British Columbia announced a 15 percent tax on foreigners buying property in the Vancouver area, Seattle real estate broker Lili Shang received a WeChat message from a wealthy Chinese businessman who wanted to sell a home in Canada and buy one in her area. After a week of looking, he purchased a $1 million property in Bellevue, across Lake Washington from Seattle. He soon returned to buy two more, including a $2.2 million house in Clyde Hill paid for with a single cashier’s check. Shang says she’s been inundated with similar requests from China and Hong
Money
2 min read

Creating Smart Tools

JOAN CAPLIN WHEN ODYSSEAS PAPADIMITRIOU left home for college in the U.S., he had every intention of returning. Greece was gearing up for the 2004 Olympics, and the economy was booming. But then he saw the chance to gain more experience by way of a job in banking. Eight years and an MBA later, he saw another opportunity—“build the brain of a financial adviser” online. First up: a credit card comparison site. “What existed seemed out of date,” he recalls. Today WalletHub has more than 80 employees and 18 million visitors a year to its financial services review site. HIS CREDIT LESSONS DON’T
TIME
3 min read

Who’s Picking up the Education Tab?

THE PROBLEM of skyrocketing college costs is, by at least some measures, even worse than we thought. The total amount of outstanding student debt has roughly tripled in the past decade, creeping toward $1.3 trillion, and 1 in 10 borrowers is now either delinquent in repayment or already in default. While the biggest burden disproportionately falls on low-income students, especially those attending for-profit universities, college costs have become a problem that both Republican and Democratic politicians can no longer afford to ignore. Here are two relatively novel fixes to the problem. 1 TH