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A readable polemic on the growing dominance of the finance industry over the UK economy, and what the left can do to challenge it.
All over the world, democracy is in crisis. Liberal political systems are straining under the pressure imposed by authoritarian strong men undermining institutions, the rule of law and the international system that governs relations between countries. Obvious examples include Donald Trump and Boris Johnson, but these issues stretch around the world from Brazil, to Hungary, to the Philippines. People see this liberal collapse stemming from ?populist' leaders, working class voters and rogue states. But what if the threat to liberal democracy does not come from the outside, but from within?Liberal democracy and free market capitalism always go hand in hand - but it is capitalism that is responsible for the crisis of liberalism. In the modern world, democracy and competition have been replaced with oligarchy and monopoly. What we are left with is Corporatocracy: societies governed by a tight-knit cartel of big monopolies, financiers, states and international institutions. From technology to food, healthcare to capital, the decisions made by senior execs at the top of the world's most powerful corporations increasingly determine the conditions of life for everyone else.In Corporatocracy, Grace Blakeley takes on the world's most powerful corporations by showing how the causes of our modern crisis are a result of our capitalist system. And she shows how it is too full of contradictions for it to even be ?fixed' - instead, it must be replaced. Searing, explosive and extremely timely, Corporatocracy will upend how we relate to capitalism and the world around us.
Free market, competitive capitalism is dead. The separation between politics and economics can no longer be sustained.
Everything you know about capitalism is wrong.Free markets aren't really free. Record corporate profits don't trickle down to everyone else. And we aren't empowered to make our own choices - they're made for us every day.In Vulture Capitalism, acclaimed journalist Grace Blakeley takes on the world's most powerful corporations by showing how the causes of our modern crisis are the intended result of our capitalist system. It's not broken, it's working exactly as planned. From Amazon to Boeing, Henry Ford to Richard Nixon, Blakeley shows us exactly where late-stage capitalism has gone wrong.Searing, explosive and timely, Vulture Capitalism is the book you need to understand what is happening in the world around you - and what you can do to change it.
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