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

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ISBN-10: 0670019070

ISBN-13: 9780670019076

Edition: 2008

Authors: Kevin Phillips

List price: $25.95
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Description:

The bestselling author reveals how the U.S. financial sector has hijacked our economy and put Americas global future at risk In American Theocracy, Kevin Phillips warned us of the perilous interaction of debt, financial recklessness, and the increasing cost of scarce oil. The current housing and mortgage debacle is proof once more of Phillipss prescience, and only the first harbinger of a national crisis. In Bad Money, Phillips describes the consequences of our misguided economic policies, our mounting debt, our collapsing housing market, our threatened oil, and the end of American domination of world markets. Americas current challenges (and failures) run striking parallels to the decline…    
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Book details

List price: $25.95
Copyright year: 2008
Publisher: Penguin Publishing Group
Publication date: 4/15/2008
Binding: Hardcover
Pages: 256
Size: 6.22" wide x 9.24" long x 0.93" tall
Weight: 0.990

Kevin Price Phillips (born November 30, 1940) has been a political commentator for more than thirty years. He was educated at the Bronx High School of Science, Colgate University, the University of Edinburgh and Harvard Law School. Phillips worked on Nixon's presidential campaign in 1968 and in the White House after the election. His books include: Post-Conservative America (1982), The Politics of Rich and Poor: Wealth and Electorate in the Reagan Aftermath (1990), Boiling Point: Democrats, Republicans, and the Decline of Middle Class Prosperity (1993), Wealth and Democracy: A Political History of the American Rich (2002), Bad Money: Reckless Finance, Failed Politics, and the Global Crisis…    

Preface: The Political Economics of Deception
Introduction: The Panic of August
Finance: The New Real Economy?
Bullnomics: Its Favoritism and Fictions
Securitization: The Insecurity of It All
Peak Oil: A Potential Pivot of the 2010s
The Politics of Evasion: Debt, Finance, and Oil
The Global Crisis of American Capitalism
Global Public Opinion and the Loss of Respect for the United States, 2003-7
Notes
Index