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News From Nowhere Radical & Community Bookshop

not-for-profit - a workers'co-op - committed to social justice | 96 Bold Street, Liverpool L1 4HY - 0151 708 7270

Whoops! Why Everyone Owes Everyone and No One Can Pay

by John Lanchester - £9.99  Penguin Books Ltd (2010)
paperback    ISBN 13: 9780141045719 | ISBN 10: 014104571x

We are, to use a technical economic term, screwed. The cowboy capitalists had a party with everyone's money and now we're all paying for it. What went wrong? And will we learn our lesson - or just carry on as before, like celebrating surviving a heart attack with a packet of Rothmans?
 
If you want to know, but are the sort of person who finds it hard to tell the difference between a CDO a CDS an MBS and a toasted cheese sandwich, John Lanchester has mastered the finer points of finance so you don't have to. In Whoops! he explains, in language everyone can understand, what really happened - and what on earth we do next.

(Price & availability last checked: January 2019)

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In booklists: Economics and Economic Alternatives,
In categories: Changing the World, Anti-Capitalism & Global Inequality,

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