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A LETTER TO THE LUMINOUS DEEP
A LETTER TO THE LUMINOUS DEEP

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The Coming First World Debt Crisis
Ann Pettifor

Palgrave Macmillan
December 2008
On Sale: November 28, 2008
232 pages
ISBN: 0230007848
EAN: 9780230007840
Hardcover
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Non-Fiction

In this book Ann Pettifor examines the issues of debt affecting the first world or OECD countries. She traces the history and roots of where the current international debt crisis comes from--economic liberalization--and the restructuring of the international financial architecture in the early 1970s. The book goes on to explore the implications of high international indebtedness for governments, corporations, households and individuals. An important and unique contribution is Pettifor's discussion of the justice and morality of debt.

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