Overview
Most of us have lived our lives by the rules—going toschool, investing in real estate, and building careers—butthe so-called Great Recession has changed everything. CannibalCapitalism: How Big Business and the Feds Are Ruining Americaanswers the questions on everyone's lips; what happened and wheredo we go from here?
Unlike in most other recent instances of financial turbulence,when this crisis hit, the country turned on itself economically,with the powerhouses—corporations, business leaders, andgovernment—throwing the everyman under the bus. In an effortto avoid becoming slightly less rich, the super-rich effectivelycannibalized the true engines of growth in the economy, in theprocess putting the bottom ninety-nine percent of the population atserious risk of losing everything. Cannibal Capitalismfights back, arguing that to really recover we need to educate ourchildren, invest in our small businesses, use our inflated money todevelop real things that build real wealth, and get back toexporting in a big way.
- Takes a thoughtful look at how income and wealth disparity,industry consolidation, anticompetitive business practices,political ideological extremism, and the hoarding of existingwealth are destroying the wealth building capacity of the nationand the promise of ideal capitalism
- Examines the financial crisis and its fallout in a clear,no-nonsense way
- Explains what we can do to fix a broken system and come out ontop
The economic crisis rocking the foundations of the internationalfinancial system has had a disproportionately devastating affect onthe average person. Angry, afraid, and confused, regular people arelooking for answers and Cannibal Capitalism is here to help,illustrating how the super-rich did everything in their power tostay safe at the expense of everyone else.
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