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KILLING THE HOST
Buch von Michael Hudson
Sprache: Englisch

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Beschreibung
How financial parasites and debt destroy the global economy. Professor Hudson continues the discussion on the financialization of capital and its global effects.

KILLING THE HOST exposes how finance, insurance, and real estate (the FIRE sector) have gained control of the global economy at the expense of industrial capitalism and governments. The FIRE sector is responsible for today's economic polarization (the 1% vs. the 99%) via favored tax status that inflates real estate prices while deflating the "real" economy of labor and production. The Great 2008 Bailout saved the banks but not the economy, and plunged the U.S., Irish, Latvian and Greek economies into debt deflation and austerity. This book describes how the phenomenon of debt deflation imposes austerity on the U.S. and European economies, siphoning wealth and income upward to the financial sector while impoverishing the middle class.
How financial parasites and debt destroy the global economy. Professor Hudson continues the discussion on the financialization of capital and its global effects.

KILLING THE HOST exposes how finance, insurance, and real estate (the FIRE sector) have gained control of the global economy at the expense of industrial capitalism and governments. The FIRE sector is responsible for today's economic polarization (the 1% vs. the 99%) via favored tax status that inflates real estate prices while deflating the "real" economy of labor and production. The Great 2008 Bailout saved the banks but not the economy, and plunged the U.S., Irish, Latvian and Greek economies into debt deflation and austerity. This book describes how the phenomenon of debt deflation imposes austerity on the U.S. and European economies, siphoning wealth and income upward to the financial sector while impoverishing the middle class.
Über den Autor
Michael Hudson is a veteran of Wall Street and Distinguished Research Professor of Economics at the University of Missouri-Kansas City (UMKC), and Professor of Economics at Peking University. He is President of the Institute for the Study of Long-Term Economic Trends (ISLET), and the co-editor of The International Scholars Conference on Ancient Near Eastern Economies (ISCANEE) series (5 volumes), sponsored by the Harvard Peabody Museum. He has consulted with the U.S. and foreign governments on taxation, balance of payments, financial bubbles, land policy and financial reform. He gives speeches, lectures and presentations throughout the world for official and unofficial groups reflecting diverse academic, economic and political constituencies. This book, ...and forgive them their debts, is Volume I of the trilogy, THE TYRANNY OF DEBT.
Details
Erscheinungsjahr: 2015
Fachbereich: Allgemeines
Genre: Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Buch
ISBN-13: 9783981826012
ISBN-10: 3981826019
Sprache: Englisch
Ausstattung / Beilage: HC gerader Rücken kaschiert
Einband: Gebunden
Autor: Hudson, Michael
Hersteller: ISLET
Maße: 250 x 175 x 28 mm
Von/Mit: Michael Hudson
Erscheinungsdatum: 20.08.2015
Gewicht: 0,934 kg
Artikel-ID: 120375687
Über den Autor
Michael Hudson is a veteran of Wall Street and Distinguished Research Professor of Economics at the University of Missouri-Kansas City (UMKC), and Professor of Economics at Peking University. He is President of the Institute for the Study of Long-Term Economic Trends (ISLET), and the co-editor of The International Scholars Conference on Ancient Near Eastern Economies (ISCANEE) series (5 volumes), sponsored by the Harvard Peabody Museum. He has consulted with the U.S. and foreign governments on taxation, balance of payments, financial bubbles, land policy and financial reform. He gives speeches, lectures and presentations throughout the world for official and unofficial groups reflecting diverse academic, economic and political constituencies. This book, ...and forgive them their debts, is Volume I of the trilogy, THE TYRANNY OF DEBT.
Details
Erscheinungsjahr: 2015
Fachbereich: Allgemeines
Genre: Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Buch
ISBN-13: 9783981826012
ISBN-10: 3981826019
Sprache: Englisch
Ausstattung / Beilage: HC gerader Rücken kaschiert
Einband: Gebunden
Autor: Hudson, Michael
Hersteller: ISLET
Maße: 250 x 175 x 28 mm
Von/Mit: Michael Hudson
Erscheinungsdatum: 20.08.2015
Gewicht: 0,934 kg
Artikel-ID: 120375687
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