A01=Ann Pettifor
Author_Ann Pettifor
banking
books on economy
carbon
Category=KCBM
Category=KCP
Category=KCY
climate
commodities
cost of living crisis
deal
economics
energy
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eq_business-finance-law
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eq_isMigrated=2
eq_new_release
eq_nobargain
eq_non-fiction
equities
finance
fossil
fuel
green
green deal
housing
Keynes
non-fiction
Polanyi
political science
politics
trading
Product details
- ISBN 9781804297223
- Weight: 336g
- Dimensions: 153 x 234mm
- Publication Date: 27 Jan 2026
- Publisher: Verso Books
- Publication City/Country: GB
- Product Form: Hardback
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The global market in money - housed in the offshore 'shadow' banking system - holds $217 trillion in financial assets and operates beyond the reach of any nation's taxman. Asset managers, private equity firms, and pension and sovereign wealth funds scoop up the world's savings for investment and manage them as they choose, unaccountable to politicians or the citizens who elect them.
In this brilliant, accessible and incisive introduction to the murky world of globalized finance, Ann Pettifor links the activities of remote mobile financial markets to both the cost-of-living and climate crises. In an insane global casino, bankers are gambling with our future. When we foot the bill, no one but a few economists understands what has happened. The result is volatile, unpredictable and uncontrollable speculation in global commodities, pension, energy, and housing.
Pettifor argues that societies and governments can take back control of the global financial system. We have done it before and can do it again. Indeed, it is imperative that we do so if we are to manage the twin threats of climate breakdown and biosphere collapse.
In this brilliant, accessible and incisive introduction to the murky world of globalized finance, Ann Pettifor links the activities of remote mobile financial markets to both the cost-of-living and climate crises. In an insane global casino, bankers are gambling with our future. When we foot the bill, no one but a few economists understands what has happened. The result is volatile, unpredictable and uncontrollable speculation in global commodities, pension, energy, and housing.
Pettifor argues that societies and governments can take back control of the global financial system. We have done it before and can do it again. Indeed, it is imperative that we do so if we are to manage the twin threats of climate breakdown and biosphere collapse.
Ann Pettifor is Director of Prime (Policy Research in Macroeconomics) and a Fellow of the New Economics Foundation. She has honorary doctorates from Newcastle University, Helsinki University and SOAS. She is known for predicting the global financial crisis of 2007-9 and for her leadership of a campaign that resulted in massive debt cancellation for more than thirty countries - Jubilee 2000. She is the author of The Coming First World Debt Crisis, The Production of Money and The Case for the Green New Deal. Her Substack is System Change.
