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Stolen How to Save the World from Financialisation

Stolen: How to Save the World from Financialisation

By Grace Blakeley

A must-read polemic about why the 'recovery' from the 2007-08 crash mostly benefited the 1%, and how democratic socialism can save us from a new crash and climate catastrophe. For decades, it has been easier to imagine the end of the world than the end of capitalism. In the decade leading up to the 2008 financial crisis, booming banks, rising house prices and cheap consumer goods propped up living standards in the rich world.

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Book Information

Publisher: Repeater
Publish Date: 09/10/2019
Pages: 320
ISBN-13: 9781912248377
ISBN-10: 1912248379
Language: Eng

Full Description

A must-read polemic about why the 'recovery' from the 2007-08 crash mostly benefited the 1%, and how democratic socialism can save us from a new crash and climate catastrophe. For decades, it has been easier to imagine the end of the world than the end of capitalism. In the decade leading up to the 2008 financial crisis, booming banks, rising house prices and cheap consumer goods propped up living standards in the rich world. Thirty years of rocketing debt and financial wizardry had masked the deep underlying fragility of finance-led growth, and in 2008 we were forced to pay up. The decade since has witnessed all kinds of morbid symptoms, as all around the rich world, wages and productivity are stagnant, inequality is rising, and ecological systems are collapsing. Stolen is a history of finance-led growth and a guide as to how we might escape it. We've sat back as financial capitalism has stolen our economies, our environment and even the future itself. Now, we have an opportunity to change course. What happens next is up to us.

About the Author

Grace Blakeley, one of the fiercest anti-capitalist advocates of her generation, is an author, journalist, and commentator. She attended University of Oxford where she graduated with a first-class honors degree in philosophy, economics, and politics and later obtained a masters in African studies.

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