Killing the Host

Killing the Host - Paperback

$47.45
$47.45
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Killing the Host
  • Killing the Host
Killing the Host - Paperback

Killing the Host - Paperback

by Michael Hudson
$47.45
$47.45

Book Overview

by Michael Hudson (Author)

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.
Number of Pages: 440
Dimensions: 0.89 x 9.61 x 6.69 IN
Publication Date: August 20, 2015
ISBN9783981484281
Author Michael Hudson
PublisherIslet
GenreNews & politics and Business
FormatPaperback
PublishedAugust 2015
LanguageENG- English
Pages440
Weight1.0 lb
Target AudienceAdults
Print SizeStandard Print

Related Subjects

Business & Economics Nonfiction Political Science

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