The No1 Ethical retailer for Books, CD’s, DVD’s & Games
30 Day Refund Guarantee

The Road from Ruin: A New Capitalism for a Big Society

The Road from Ruin: A New Capitalism for a Big Society

by Michael Green (Author), Matthew Bishop (Author)

  • Used

    Paperback 2011

    $3.34
Synopsis

In September 2008 the Lehman Brothers bankruptcy ignited panic throughout the financial system, sparking a chain reaction that led to the worst global economic crisis since the Great Depression. Amid the carnage of bankruptcies, soaring unemployment, and millions of families losing their homes, lay the bloody corpse of a set of ideas that had underpinned the economics of the previous 30 years. Capitalism based on markets, especially financial markets, was believed to be delivering unprecedented prosperity, creating a general increase in wealth, including among the poorest people on the planet. But that system is dead. So what to do now? Scrap the system? In this revised UK edition of The Road from Ruin, Matthew Bishop and Michael Green have examined each financial crisis since the Great Depression, including the 1970s oil shock; Black Monday, the 1987 stock market crash; Japan's great deflation; the Asian financial crisis; and the collapse of long term capital management. They draw out the right and wrong lessons learned and explain how they can be used as the basis for meaningful reform that will enable capitalism to keep its ability to create wealth but on a more even and responsible keel.

$3.34

Save:$15.98 (83%)

Quantity

2 in stock

More Information

Format: Paperback
 Pages: 336
 Publisher: A & C Black Publishers Ltd
Published: 19 Jan 2011
ISBN 10: 1408137259
ISBN 13: 9781408137253
Book Overview: Capitalism died when Wall Street imploded. Using a unique, history-based approach to interpreting today's perfect financial and economic storm, Matthew Bishop and Michael Green draw on the lessons learned from the varied crises that have rocked the world since the Great Depression.

Media Reviews
Well-written, challenging, uplifting - Bishop and Green bring incisive insight and timely analysis to some of our biggest economic and social topics. The Road From Ruin is an intelligent and stimulating contribution to a vitally important conversation. * Jim Collins, author of Good to Great *
The Road From Ruin will be remembered as a serious, highly readable book of the broadest intellectual scope. Its insights will help all of us reshape the future and enable both citizen and policy maker alike to separate real reform from the grandstanding bluster so prevalent today. * Robert Shiller, Professor of Economics at Yale University and author of Irrational Exuberance *
The Road From Ruin is a masterpiece. Matthew Bishop and Michael Green combine truly luminous writing with simple, clear, unprejudiced scholarship and a keen journalistic awareness of how to extract lessons from the financial crisis to begin forming an agenda for a badly needed reform of capitalism. * Robert Monks, shareholder activist *
The book offers a wonderfully clear and comprehensive account of the economic and financial history of the past half century, and the forces that led to near-disaster in the past decade. * Justin Fox, Harvard Business Review *
In its clarity of both thought and expression, this is a book that leaves you feeling cautiously better about the potential of capitalism and so cautiously better about its prospects. * Sir Martin Sorrell, CEO, WPP *
Drawing not only on their keen understanding of current economic events, but also on a depth of knowledge of financial history, Matthew Bishop and Michael Green have written a lucid and lively account of the underlying factors that brought the world economy to the brink of collapse. * Liaquat Ahamed, author of The Lords of Finance *
An essential read for anyone who wants to learn why a corporate focus on sustainability and building a better society is the key to the long-lasting productivity growth and job creation that are needed now more than ever. * John Chambers, CEO, Cisco *
Admirably clear * The Financial Times *
A delightful and stimulating read by two of today's best business writers. * Don Tapscott, author of Wikinomics *
Provocative and refreshing. * The New York Times *
'well researched, lucidly written, thoughtful and a welcome relief from being banged on the head by Vince Cable.' * Financial World (March 2011) *
Author Bio
Matthew Bishop is the U.S. business editor and chief business writer of The Economist. He was on the faculty of London Business School. Educated at Oxford University, he served as a member of the Sykes Commission on the investment system in the 21st Century. Michael Green was educated at Oxford University and writes about business and economics for The Economist. They are the authors of Philanthrocapitalism: How The Rich Can Save The World (A & C Black, 2008).