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The Crisis Of Global Capitalism: Open Society Endangered

The Crisis Of Global Capitalism: Open Society Endangered

George Soros

Author Soros applies his experience in world of finance to explore what's happening in the collapsing global economy. He dissects the crisis, revealing how theoretical assumptions have combined with human behaviour to lead to calamity, and how blind faith has led to crucial instabilities.
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Summary

George Soros applies his experience in the world of finance to explain what is happening in the collapsing global economy. The Russian economy has collapsed leading to inflation and economic hardship; scores of Japanese banks are in ruin; the once-booming economies of Thailand, Malaysia and Indonesia have imploded; and even in Europe and America, the markets lurch violently, wiping out gains each week. Soros dissects the crisis and economic theory, revealing how theoretical assumptions have combined with human behaviour to lead to today's calamities. He shows how unquestioning faith in market forces causes blindness to crucial instabilites, and how those instabilities have chain-reacted to cause the economic crisis which, he argues, still has the potential to get much worse. Soros offers solutions to this global meltdown.

Product Description

Title - The Crisis Of Global Capitalism: Open Society Endangered

Edition -

Author - George Soros

ISBN 13 - 9780316849166

Imprint - Little, Brown & Company

Publisher - Little, Brown & Company

Date Published - 07/12/1998

Prize -

No. of pages - 288

Binding Type - Hardback

Dimensions - 162 x 241 x mm

Weight - 640 g

Languages - English