The Crisis of Global Capitalism: Open Society Endangered

George Soros

The Crisis of Global Capitalism: Open Society Endangered
Format
Hardback
Publisher
The Perseus Books Group
Country
United States
Published
20 November 1998
Pages
288
ISBN
9781891620270

The Crisis of Global Capitalism: Open Society Endangered

George Soros

Soros applies all of his legendary wisdom, expertise, and insight to explain whats happening in the collapsing global economy, providing a startling critique of whats gone wrong and an inspiring vision of how it can be fixed. 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 todays 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 crisisa crisis that has the potential to get much, much worse. Offering brilliant solutions to the global meltdown, based on years of Soross own experience as a financier and philanthropist, this is essential reading for anyone involved with the new economythat is, all of us

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