The Global Casino : How Wall Street Gambles with People and the Planet
by
Ann Pettifor
Book Details
Format
Hardback or Cased Book
ISBN-10
1804297224
ISBN-13
9781804297223
Publisher
Verso Books
Imprint
Verso Books
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jan 27th, 2026
Print length
240 Pages
Weight
332 grams
Dimensions
21.60 x 14.90 x 2.20 cms
Product Classification:
Monetary economicsPolitical economyPopular economics
Ksh 3,050.00
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How everything from the price of food to energy and housing costs is fixed by remote, unregulated financial markets, and what can be done about it
How everything from the price of food to energy and housing costs is fixed by remote, unregulated financial markets, and what can be done about it
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.
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.
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