The Corruption of Capitalism
The global economy is in crisis. The financial system has failed, international trade has contracted sharply and unemployment has soared. The Corruption of Capitalism provides a clear and comprehensive explanation of how this calamity came about. It also offers a strategy to permanently resolve it. The book outlines the actions required to restructure the US economy and restore global economic growth. Capitalism has been corrupted by paper money and debt. Sustainable prosperity will require a return to economic orthodoxy. The Corruption of Capitalism maps the way back.
Praise for The Corruption of Capitalism
"Richard Duncan's well-researched and highly readable book demystifies the belief that the Fed solves problems, when in fact it's directly responsible for the present crisis. Full of interesting figures and insightful comments, The Corruption of Capitalism will greatly broaden investors' knowledge. It is a must-read for those who wish to preserve their children s wealth."
— Dr. Marc Faber, The Gloom, Boom & Doom Report
"An easy-to-read guide to understanding how and why the US response to its self-inflicted crisis addresses symptoms, not causes. This is a timely call for radical steps to rescue capitalism from financial and governmental follies."
— Philip Bowering, International Herald Tribune
"A lucid and original argument about the causes of financial instability, including the continuing global recession; the book lays out a bold agenda for structural reform, national and international. Anyone who enjoys the company of an articulate, provocative, off-beat intelligence will want to read it. And pick a fight with it."