Coming First World Debt Crisis

Overview

In this book, Ann Pettifor turns her attention from the debt crises of low-income countries to the ballooning debts of the rich, or 'first world' countries. She examines the history, politics and ethics of the coming 'first world' debt crisis, by paying particular attention to financial de-regulation and the 1970s re-structuring of the international financial system. The book highlights threats posed by high levels of debt to governments, corporations, households and individuals. But Pettifor also demonstrates ...
See more details below
Paperback
$30.46
BN.com price
(Save 7%)$33.00 List Price
Other sellers (Paperback)
  • All (23) from $6.89   
  • New (9) from $10.63   
  • Used (14) from $6.89   
Sending request ...

Overview

In this book, Ann Pettifor turns her attention from the debt crises of low-income countries to the ballooning debts of the rich, or 'first world' countries. She examines the history, politics and ethics of the coming 'first world' debt crisis, by paying particular attention to financial de-regulation and the 1970s re-structuring of the international financial system. The book highlights threats posed by high levels of debt to governments, corporations, households and individuals. But Pettifor also demonstrates that these debts have implications for the ecosystem, as debtors accelerate their rate of extraction of the earth's assets. An important and unique contribution is Pettifor's discussion of the ethical framework within which debt has been allowed to grow, and the implications for faith organizations. Pettifor contrasts Islam's condemnation of interest and usury with Christianity's more relaxed approach to money-lending, and calls on faith organizations to emulate their prophets and once again 'chase money-lenders from the temple'. Pettifor's book makes a strong appeal for new political alliances, particularly between Industry and Labour; and for changes to personal lifestyles; to regulatory systems and to the international financial architecture.

About the Author:
Ann Pettifor is now a Director of Advocacy International

Read More Show Less

Product Details

  • ISBN-13: 9780230007840
  • Publisher: Palgrave Macmillan
  • Publication date: 11/28/2006
  • Pages: 232
  • Product dimensions: 5.50 (w) x 8.50 (h) x 0.42 (d)

Meet the Author

ANN PETTIFOR was the co-founder of Jubilee 2000 which campaigned for debt relief at the turban of the millennium and is now a Director of Advocacy International, which works with debtor governments, and has helped countries like Nigeria, Ethiopia and Guyana write off millions of dollars of debt.

Read More Show Less

Table of Contents


Acknowledgements     vi
Introduction     1
Globalization: the House that Finance Built     26
Costless Money and Costly Credit     56
Easy Credit: Costly Debts     84
Poor Country Debt Crises: Causes and Parallels     108
Moneytheism and Lawless Finance     120
Debtonation? When and Why will it Happen?     145
Things Don't Have to be This Way     163
Index     182
Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)