- "Capital and the Debt Trap combines a searing critique of the unstable debt- and-profit driven system that came close to final collapse in the Great Crisis with a fine portrait of the modern cooperative alternative that exists today in Mexico, Canada, France and Spain. Are these perhaps the small creatures that will survive and flourish after the great dinosaurs are gone? Let’s hope so."James K. Galbraith
Author Archives: CSB
The recent financial crisis has had a devastating impact worldwide. Thousands of businesses have closed, millions of jobs have evaporated and many people have lost their homes. Studies and reviews abound, but this book is different in its construction, style and proposal. Published by Palgrave Macmillan in 2011, the book explains how we have fallen into a trap linking the financial sector to the real economy, not only with a rigorous and in-depth analysis, but also theoretically, exploring the fundamental issue of control.
Capital and the Debt Trap, Learning from Cooperatives in the Global Crisis
by Claudia Sanchez Bajo and Bruno Roelants
Palgrave Macmillan 2011