Flat broke in the free market : how globalization fleeced working people
Book information
Description
Two-time Pulitzer finalist Jon Jeter reports on the freemarket reforms of the IMF and the World Bank, which in a single generation created a transnational underclass by imbibing a risky cocktail of deindustrialization, privatization, and anti-inflationary monetary policy that have led to the subprime mortgage scandal, the food crisis, and the fraying of traditional social bonds (marriage). Abstract: Offers an analysis of the global economy. This book provides the consequences of abstract economic policies a human faces. It shows how the economic prescriptions of 'the Washington Consensus' have only deepened poverty - while countries like Chile and Venezuela have flouted the conventional wisdom and prospered. Read more...
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