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Reckless Finance, Failed Politics, And The Global Crisis Of American Capitalism
Penguin
April 2009
On Sale: March 31, 2009
256 pages ISBN: 0143114808 EAN: 9780143114802 Paperback
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Non-Fiction
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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