Bad Money: Reckless Finance, Failed Politics, and the Global Crisis of American Capitalism

by Kevin Phillips

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Book cover for Bad Money

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In his acclaimed book "American Theocracy," Kevin Phillips warned of the perilous interaction of debt, financial recklessness, and the spiking cost (and growing scarcity) of oil- warnings that are proving to be frighteningly accurate. Now, in his most significant and timely book yet, Phillips takes the full measure of this crisis. They are a part of what he calls "bad money"- not just the depreciated dollar, but also the dangerous attitudes and the flawed products of wayward mega-finance. His devastating conclusion: In its hubris, the financial sector has hijacked the American economy and put our very global future at risk-and it may be too late to stop it.
  • ISBN10 0670019070
  • ISBN13 9780670019076
  • Publish Date 15 April 2008 (first published 1 April 2008)
  • Publish Status Remaindered
  • Out of Print 11 October 2023
  • Publish Country US
  • Publisher Penguin Putnam Inc
  • Imprint Penguin USA
  • Format Hardcover
  • Language English