Who really runs the global economy? Who benefits most from it? The
answer is a triad of 'governance institutions' - The IMF, the World
Bank and the WTO. Globalization massively increased the power of
these institutions and they drastically affected the livelihoods of
peoples across the world. Yet they operate undemocratically and
aggressively promote a particular kind of neoliberal capitalism.
Under the 'Washington Consensus' they proposed, poverty was to be
ended by increasing inequality. This new edition of Unholy Trinity,
completely updated and revised, argues that neoliberal global
capitalism has now entered a period of crisis so severe that
governance will become impossible. Huge incomes for a small number
of super-rich people produced an unstable global economy, rife with
speculation and structurally prone to crises. The IMF is in
disgrace, the WTO can hardly meet anymore and the World Bank
survives as a global philanthropist. Is this the end for the Unholy
Trinity?
General
| Imprint: |
Zed Books Ltd
|
| Country of origin: |
United Kingdom |
| Release date: |
July 2009 |
| First published: |
May 2009 |
| Authors: |
Richard Peet
|
| Dimensions: |
222 x 143 x 23mm (L x W x T) |
| Format: |
Hardcover - Paper over boards
|
| Pages: |
297 |
| Edition: |
Second Edition |
| ISBN-13: |
978-1-84813-251-1 |
| Categories: |
Books >
Business & Economics >
Economics >
International economics >
General
|
| LSN: |
1-84813-251-4 |
| Barcode: |
9781848132511 |
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