Bad Money: Reckless Finance, Failed Politics, and the Global Crisis of American Capitalism

Bad Money: Reckless Finance, Failed Politics, and the Global Crisis of American Capitalism
by Kevin Phillips

Bad Money: Reckless Finance, Failed Politics, and the Global Crisis of American Capitalism
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Book Summary Information

Author: Kevin Phillips
Edition: Paperback
Audio: English (Original Language); English (Unknown); English (Published)
Published: 2009-03-31
ISBN: 0143114808
Number of pages: 352
Publisher: Penguin (Non-Classics)
Product features:

Book Reviews of Bad Money: Reckless Finance, Failed Politics, and the Global Crisis of American Capitalism

Book Review: Informative
Summary: 5 Stars

It was very informative. The author was non partisan and objective, not placing blame on just one group or party.

Summary of Bad Money: Reckless Finance, Failed Politics, and the Global Crisis of American Capitalism

In his acclaimed book American Theocracy, Kevin Phillips warned of the perilous interaction of debt, financial recklessness, and the spiking cost (and growing scarcity) of oil- warnings that are proving to be frighteningly accurate. Now, in his most significant and timely book yet, Phillips takes the full measure of this crisis. They are a part of what he calls "bad money"- not just the depreciated dollar, but also the dangerous attitudes and the flawed products of wayward mega-finance. His devastating conclusion: In its hubris, the financial sector has hijacked the American economy and put our very global future at risk-and it may be too late to stop it.

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