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,
Professor of Economics at the Lyndon B. Johnson School of Public Affairs and University of Texas at Austin
Author of The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too.