Bad Money-Reckless Finance, Failed Politics, and the Global Crisis of American Capitalism
PENGUIN BOOKS
Published by the Penguin Group
Copyright © Kevin Phillips, 2008, 2009 All rights reserved
ISBN: 1-101-04456-X
Preface to the Revised Edition: After the
Fall: The Inexcusable Failure of American Fianance xi
1 Introduction: The Panic of August 1
2 Finance: The New Real Economy? 29
3 Bullnomics: Its Favoritism and Fictions Afterword: Speculative Capitalism Endangered:
69
4 Securitization: The Insecurity of It All 96
5 Peak Oil: A Potential Pivot of the 2010s 120
6 The Politics of Evasion: Debt, Finance, and Oil 154
7 The Global Crisis of American Capitalism 179
The Domestic and Global Consequenses 210
Appendix: Global Public Opinion and the Loss of
Respect for the United States, 2003–7 237
Notes 241
Index 261