The Great Financial Crisis: Causes and Consequences. John Bellamy Foster, Fred Magdoff

The Great Financial Crisis: Causes and Consequences



Download The Great Financial Crisis: Causes and Consequences



The Great Financial Crisis: Causes and Consequences John Bellamy Foster, Fred Magdoff ebook
Publisher: Monthly Review Press
Page: 144
ISBN: 9781583671849

In the fall of 2008, the United States was plunged into a financial crisis more severe than any since the Great Depression. As banks collapsed and the state scrambled to organize one of the largest transfers of wealth in history, many—including economists and financial experts—were shocked by the speed at which events unfolded. In this new book, John Bellamy Foster and Fred Magdoff offer a bold analysis of the financial meltdown, how it developed, and the implications for the future. They examine the specifics of the housing bubble and the credit crunch as well as situate current events within a broader crisis of monopoly-finance capitalism—one that has ...

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