Casino CapitalismCasino Capitalism has finally and deservedly found its way back into print. Susan Strange's critical commentary on the weaknesses of the international financial system as they developed in the 1970s and early 1980s is as timely today as when it first appeared in 1986. The re-issue will be of undiminished interest to general readers and those interested in world politics and economics and all who share concerns about bank failures, financial fraud, political corruption, money laundering, and general volatility in world financial markets. Casino Capitalism continues to challenge conventional ideas on the role of money in world society. |
Contents
Key Decisions and their Consequences | 25 |
Some Other Interpretations | 60 |
Betting in the Dark | 103 |
The Guessing Game | 121 |
Some Prescriptions | 146 |
Cooling the Casino | 170 |
Bibliography | 194 |
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Common terms and phrases
allowed American banks assets balance of payments bankers banking system billion borrowing Bretton Woods system British capital casino cent central banks commodity consequences corporations costs creditors crisis currency D-marks dealing debtor deficit demand deposits depression developing countries dollar domestic economic economists Eurobanking Eurocurrency Eurocurrency market Eurodollar Euromarkets Europe European exchange rates export Federal Reserve Federal Reserve System financial markets foreign exchange markets funds German global governments growth important increased industrialized countries inflation instability interbank interest rates international banking international organizations investment Japan Johannes Witteveen Keohane key decisions Keynesian labour lending less loans long-term major marxist ments monetarist monetary authorities monetary base money supply non-decision oil price OPEC operations Paul Volcker political production profits protectionism relations responsibility risk SDRs share short-term social solution speculative stability tion trade transactions uncertainty United volatility weak world economy world market York