Thursday, January 15, 2009

Book: The Great Financial Crisis

The Great Financial Crisis: Causes and Consequences
by John Bellamy Foster and Fred Magdoff
Meanwhile, the real, pressing needs of most people in the society go unaddressed. The only genuine way out of trap, The Great Financial Crisis argues, is the promotion of those very measures—such as massively expanding socially useful public spending, improving the security of the working class, and democratizing ownership of productive property—that are invariably opposed by the current system of wealth and power.
Thanks to Brad Fidler for the reference.