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Book Contents, Foreword and first pages

Since the book “Capital and the Debt Trap” will be available next August 28th, we have requested our editor this file to post it on the blog.

The Foreword was written by Emeritus Professor of History Ian MacPherson, from University of Victoria, in Canada.

We are sincerely grateful to his sharp and deep analysis of the book. First and foremost, because we highly respect Professor MacPherson’s work and knowledge of cooperatives.

So, here they are, a few pages especially for you! Read here the book contents, foreword and first pages.


A new take on the global crisis

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