When the Enron filed the biggest bankruptcy petition in the history
of the United States, if not the world, the immediate response by
most politicians and financiers was that this scandal was a
"failure of regulatory institutions" that can be corrected and may
possibly even be a purely North American problem. However, an
in-depth exploration of what happened, as undertaken in this
volume, reveals that the widespread corruptions at corporate level
have their roots in the transformations of socio-political
conditions in the wake of an extreme fetishization of the
neo-liberal market model.
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