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The Failure of Anglo-liberal Capitalism (Hardcover, New)
Loot Price: R1,769
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The Failure of Anglo-liberal Capitalism (Hardcover, New)
Series: Building a Sustainable Political Economy: SPERI Research & Policy
Expected to ship within 10 - 15 working days
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The global financial crisis has generated an intense debate in
academic, business, journalistic and political circles alike about
what went wrong and how to put it right. In this provocative
reassessment of the crisis and its implications, Colin Hay argues
that it is only by acknowledging the complicity and culpability of
an Anglo-liberal model of capitalism in the inflation and then
bursting of the bubble that we can begin to see the full extent of
what is broken and what now must be fixed. He argues that the
crisis is best seen as a crisis of and indeed for growth and not as
a crisis of debt. It is, moreover, a crisis of and for an
excessively liberalised Anglo-American form of capitalism and the
Anglo-liberal growth model to which it gave rise. This is a form of
capitalism and a growth model that was inherently unstable and
threatened the entire world economy - its excesses cannot be
tolerated again.
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