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9781847920300: The Gods That Failed: How Blind Faith in Markets Has Cost Us Our Future
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In Britain and the United States a very strange sect has seized power. They believe that we can all reach financial paradise, if only certain sacrifices are made. There must be deregulation, there must be privatization, and markets must be left unmolested, the better to perform their magic. Democratic governments, unions and professionals will all have to accept that there is no alternative. Meanwhile job security, affordable houses and decent public services must wither away in the white heat of financial engineering. A new class has been presiding over this wonderland - the New Olympians. Since the late forties they have been planning their next move in mountaintop meetings that would make Ian Fleming blanch. Now private jets take them where they want to go as they tell the world the good news. But, in the wake of the Northern Rock collapse and the credit crunch, good news is in short supply. In this hilarious and shocking expose Elliott and Atkinson reveal the dogma that has brought us to the brink of disaster, and show us how to escape from the coils of faith-based thinking. The New Olympians have already done huge damage on both sides of the Atlantic.Miners, farmers and industrial workers have so far suffered most. But as market forces bear down on health, education and the professions, the middle classes are starting to feel the squeeze. Markets are not magic. Debt is not freedom. The Gods have failed. It is time to live without them.

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Recensione:
“The most entertaining effort to identify those to blame for the credit crunch.”
Economist

“Agree or disagree, you should read this book. As the crunch intensifies, these critics are out in force and the most influential of their books will undoubtedly turn out to be this readable yet controversial tome.”
City A.M.
L'autore:
Larry Elliott and Dan Atkinson are Economics Editors of the Guardian and the Daily Mail respectively. They are the co-authors of Fantasy Island and The Age of Insecurity.

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  • EditoreThe Bodley Head Ltd
  • Data di pubblicazione2008
  • ISBN 10 1847920306
  • ISBN 13 9781847920300
  • RilegaturaCopertina flessibile
  • Numero di pagine336
  • Valutazione libreria

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Altre edizioni note dello stesso titolo

9781568586021: The Gods That Failed: How Blind Faith in Markets Has Cost Us Our Future

Edizione in evidenza

ISBN 10:  1568586027 ISBN 13:  9781568586021
Casa editrice: Nation Books, 2009
Rilegato

  • 9781568584409: The Gods That Failed: How Blind Faith in Markets Has Cost Us Our Future

    Nation..., 2010
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  • 9781459600126: The Gods that Failed: How Blind Faith in Markets Has Cost Us Our Future

    ReadHo..., 2013
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Atkinson, Dan; Elliott, Larry
ISBN 10: 1847920306 ISBN 13: 9781847920300
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