The Case For A Debt Jubilee PDF Download
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Author | : Richard Vague |
Publisher | : John Wiley & Sons |
Total Pages | : 75 |
Release | : 2021-09-21 |
Genre | : Political Science |
ISBN | : 1509548742 |
Download The Case for a Debt Jubilee Book in PDF, ePub and Kindle
We were drowning in in record levels of debt before the COVID-19 crisis, and we are now deluged in it. U.S. private-sector loans have tripled relative to income since 1950 – and government debt is also at an all-time high. Soaring debt burdens individuals, stifles growth, compounds inequality, and brings falling living standards for millions. Richard Vague’s new book argues that, contrary to mainstream assumptions, we cannot simply hope that the trend will correct itself. Mounting debt is a feature of our economic system, not a bug: debts perpetually grow and compound, polarizing and impoverishing economies if not overtly dealt with. He offers a detailed plan for how we can restructure a range of debts – such as student loans, auto loans, medical debt and more – and offer hard-pressed debtors a ‘jubilee’ now, not in some utopian future. Vague’s bold polemic contains a wealth of ideas that will free millions from modern-day debt peonage, reduce inequality and bring new vigor to the economy as it struggles to emerge from the pandemic.
Author | : |
Publisher | : USCCB |
Total Pages | : 36 |
Release | : 1999 |
Genre | : Business & Economics |
ISBN | : 9781574553291 |
Download A Jubilee Call for Debt Forgiveness Book in PDF, ePub and Kindle
Author | : Richard Vague |
Publisher | : University of Pennsylvania Press |
Total Pages | : 240 |
Release | : 2019-03-25 |
Genre | : Business & Economics |
ISBN | : 0812296613 |
Download A Brief History of Doom Book in PDF, ePub and Kindle
Financial crises happen time and again in post-industrial economies—and they are extraordinarily damaging. Building on insights gleaned from many years of work in the banking industry and drawing on a vast trove of data, Richard Vague argues that such crises follow a pattern that makes them both predictable and avoidable. A Brief History of Doom examines a series of major crises over the past 200 years in the United States, Great Britain, Germany, France, Japan, and China—including the Great Depression and the economic meltdown of 2008. Vague demonstrates that the over-accumulation of private debt does a better job than any other variable of explaining and predicting financial crises. In a series of clear and gripping chapters, he shows that in each case the rapid growth of loans produced widespread overcapacity, which then led to the spread of bad loans and bank failures. This cycle, according to Vague, is the essence of financial crises and the script they invariably follow. The story of financial crisis is fundamentally the story of private debt and runaway lending. Convinced that we have it within our power to break the cycle, Vague provides the tools to enable politicians, bankers, and private citizens to recognize and respond to the danger signs before it begins again.
Author | : Porter Stansberry |
Publisher | : |
Total Pages | : |
Release | : 2019-02-28 |
Genre | : |
ISBN | : 9780997833386 |
Download The American Jubilee Book in PDF, ePub and Kindle
2019 Second Edition
Author | : MICHAEL. HUDSON |
Publisher | : |
Total Pages | : 336 |
Release | : 2018-11-15 |
Genre | : |
ISBN | : 9783981826029 |
Download ...and Forgive Them Their Debts Book in PDF, ePub and Kindle
An epic journey through the economies of ancient civilizations, and how they managed debt versus social instability. Shocking historical truths about how debt played a central role in shaping (or destroying) ancient societies (viz: Rome), and that the Bible is preoccupied with debt, not sin, which has been disturbingly inverted in modern times.
Author | : Collective Debt |
Publisher | : Haymarket Books |
Total Pages | : 98 |
Release | : 2020-06-23 |
Genre | : Social Science |
ISBN | : 1642593826 |
Download Can't Pay, Won't Pay Book in PDF, ePub and Kindle
Debtors have been mocked, scolded and lied to for decades. We have been told that it is perfectly normal to go into debt to get medical care, to go to school, or even to pay for our own incarceration. We’ve been told there is no way to change an economy that pushes the majority of people into debt while a small minority hoard wealth and power. The coronavirus pandemic has revealed that mass indebtedness and extreme inequality are a political choice. In the early days of the crisis, elected officials drew up plans to spend trillions of dollars. The only question was: where would the money go and who would benefit from the bailout? The truth is that there has never been a lack of money for things like housing, education and health care. Millions of people never needed to be forced into debt for those things in the first place. Armed with this knowledge, a militant debtors movement has the potential to rewrite the contract and assure that no one has to mortgage their future to survive. Debtors of the World Must Unite. As isolated individuals, debtors have little influence. But as a bloc, we can leverage our debts and devise new tactics to challenge the corporate creditor class and help win reparative, universal public goods. Individually, our debts overwhelm us. But together, our debts can make us powerful.
Author | : Richard Vague |
Publisher | : |
Total Pages | : 304 |
Release | : 2021 |
Genre | : Business & Economics |
ISBN | : 9780812252897 |
Download An Illustrated Business History of the United States Book in PDF, ePub and Kindle
"An illustrated business history of the United States from colonial times to the present"--
Author | : Frances Coppola |
Publisher | : John Wiley & Sons |
Total Pages | : 59 |
Release | : 2019-07-26 |
Genre | : Political Science |
ISBN | : 1509531327 |
Download The Case For People's Quantitative Easing Book in PDF, ePub and Kindle
In the wake of the 2008 financial crisis, central banks created trillions of dollars of new money, and poured it into financial markets. ‘Quantitative Easing’ (QE) was supposed to prevent deflation and restore economic growth. But the money didn’t go to ordinary people: it went to the rich, who didn’t need it. It went to big corporations and banks – the same banks whose reckless lending caused the crash. This led to a decade of stagnation, not recovery. QE failed. In this book, Frances Coppola makes the case for a ‘people’s QE’, in which the money goes directly to ordinary people and small businesses. She argues that it is the fairest and most effective way of restoring crisis-hit economies and helping to solve the long-term challenges of ageing populations, automation and climate change.
Author | : David Knox Barker |
Publisher | : |
Total Pages | : 0 |
Release | : 2009-11-04 |
Genre | : Business cycles |
ISBN | : 9780982528310 |
Download Jubilee on Wall Street Book in PDF, ePub and Kindle
David Knox Barker's Jubilee on Wall Street accurately predicted the events that have led to our current global financial and economic crisis-the deflationary debt collapse, crashing stock markets, the international banking disaster, political trends, and the crisis of capitalism. With his latest edition, Jubilee on Wall Street: An Optimistic Look at the Global Financial Crash, Barker provides an examination of economic and financial history and proves that the long wave theory, and its inherent seasons, is the most accurate forecaster we have-the roots of which date as far back as the insightful laws of Leviticus and the Year of Jubilee. Barker shows how we have the opportunity to create a better future for all, not based on global socialism or the creation of a redistributive world empire where the middle class bears all the burdens, but The Great Republic from which can rise a new form of genuine and lasting international free-market capitalism.
Author | : David Graeber |
Publisher | : Melville House |
Total Pages | : 566 |
Release | : 2014-12-09 |
Genre | : Business & Economics |
ISBN | : 1612194206 |
Download Debt, Updated and Expanded Book in PDF, ePub and Kindle
Now in paperback, the updated and expanded edition: David Graeber’s “fresh . . . fascinating . . . thought-provoking . . . and exceedingly timely” (Financial Times) history of debt Here anthropologist David Graeber presents a stunning reversal of conventional wisdom: he shows that before there was money, there was debt. For more than 5,000 years, since the beginnings of the first agrarian empires, humans have used elaborate credit systems to buy and sell goods—that is, long before the invention of coins or cash. It is in this era, Graeber argues, that we also first encounter a society divided into debtors and creditors. Graeber shows that arguments about debt and debt forgiveness have been at the center of political debates from Italy to China, as well as sparking innumerable insurrections. He also brilliantly demonstrates that the language of the ancient works of law and religion (words like “guilt,” “sin,” and “redemption”) derive in large part from ancient debates about debt, and shape even our most basic ideas of right and wrong. We are still fighting these battles today without knowing it.