The Crisis of Global Capitalism
Open Society Endangered
By (author) George Soros
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Crisis of Global Capitalism by George Soros
Book DescriptionThe global economy, on which the world now depends more than ever, is in crisis. The Russian economy has collapsed, leading to punishing inflation and economic hardship. Scores of Japanese banks are in ruin while the Japanese government muddles along, the nation falling deeper and deeper into recession. The once-booming economies of Thailand, Malaysia, and Indonesia have imploded. Brazil and the rest of Latin America has begun to edge toward the precipice, and even in Europe and America the markets lurch violently, wiping out gains with each passing week. No one is better positioned to explain the current global financial crisis than George Soros, the man Morgan Stanley head Barton Biggs calls "the finest analyst of the world in our time." In The Crisis of Global Capitalism, Soros, chairman of Soros Fund Management (whose Quantum Fund is considered to have been the best performing investment fund in the world over the past thirty years), dissects the current crisis and economic theory in general, revealing how theoretical assumptions have combined with human behavior to lead to today's mess. He shows how unquestioning faith in market forces blinds us to crucial instabilities, and how those instabilities have chain-reacted to cause the current crisis--a crisis that has the potential to get much, much worse. Offering brilliant solutions to the global meltdown, based on years of Soros's own experience as a financier and philanthropist, this is essential reading for anyone involved with the new economy--that is, all of us.
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Book DetailsISBN: 9781891620270
(235mm x 157mm x 30mm)
Publisher: The Perseus Books Group
Publish Date: 20-Nov-1998
Country of Publication: United States
Books By Author George Soros
Tragedy of the European Union, Hardback (March 2014)
Identifies the true culprits of the Eurozone crisis - among them a misbegotten German austerity programme - and diagnoses what we must do to rescue the ideals of the European project. This book narrates the history of the European Union in order to assess the financial crisis and its effects on Europe's role in the global economy.
Financial Turmoil in Europe and the United States, Hardback (January 2012)
The legendary financier reflects on key problems in the deepening global economic crisis since publication of his international bestseller The New Paradigm for Financial Markets: The Crash of 2008
Soros Lectures, Paperback (April 2011)
A concise distillation of a lifetime of experience and thought on finance, capitalism, and open society by the legendary financier and bestselling author
Crash of 2008 and What it Means, Paperback (March 2009)» View all books by George Soros
A New York Times bestseller on the financial crisis--now updated to address the current economic landscape
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Author Biography - George Soros
George Soros heads Soros Fund Management and is the founder of a global network of foundations dedicated to supporting open societies. The author of several previous bestselling books, including The Alchemy of Finance and Soros on Soros, he lives in New York City.
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