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Unholy Trinity
By:Richard Peet
Published on 2009-11-16 by Zed Books Ltd.

Who really runs the global economy? Who benefits most from it? The answer is a triad of 'governance institutions' - The IMF, the World Bank and the WTO. Globalization massively increased the power of these institutions and they drastically affected the livelihoods of peoples across the world. Yet they operate undemocratically and aggressively promote a particular kind of neoliberal capitalism. Under the 'Washington Consensus' they proposed, poverty was to be ended by increasing inequality. This new edition of Unholy Trinity, completely updated and revised, argues that neoliberal global capitalism has now entered a period of crisis so severe that governance will become impossible. Huge incomes for a small number of super-rich people produced an unstable global economy, rife with speculation and structurally prone to crises. The IMF is in disgrace, the WTO can hardly meet anymore and the World Bank survives as a global philanthropist. Is this the end for the Unholy Trinity?

This Book was ranked at 31 by Google Books for keyword bank.

Book ID of Unholy Trinity's Books is HRRjDgAAQBAJ, Book which was written byRichard Peethave ETAG "psS2PktnXgM"

Book which was published by Zed Books Ltd. since 2009-11-16 have ISBNs, ISBN 13 Code is 9781848137967 and ISBN 10 Code is 1848137966

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Book which have "298 Pages" is Printed at BOOK under CategoryBusiness and Economics

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