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A Permanent Crisis

The Financial Oligarchy’s Seizing of Power and the Failure of Democracy

Palgrave Macmillan

Authors:

  • Proposes a new micro-tax be applied to all electronic payments (household and financial sector level) that would allow for all other taxes to be reduced and possibly abolished.
  • Promotes the need for critical thinking at undergraduate and graduate levels
  • Engages in a topical debate that continues to underpin the future stability of the economics discipline

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Table of contents (6 chapters)

  1. Front Matter

    Pages i-xv
  2. Yesterday and Today

    • Marc Chesney
    Pages 1-14
  3. Characteristics of Casino Finance

    • Marc Chesney
    Pages 53-77
  4. Some Remedies and Solutions

    • Marc Chesney
    Pages 91-108
  5. Back Matter

    Pages 109-111

About this book

This short book describes the role big banks played in the financial crisis of 2008 while denouncing the financial oligarchy’s seizing of power and the dangers it represents for democracy today. There have been many books since the financial crisis that have considered historical events leading up to the crisis but few that consider a solution. Ten years after the great financial crash, this book synthesises the historical developments and introduces a proposal aimed at rebalancing the economy and society at large. The author presents a novel solution that would change current tax systems in the developed world, in their entirety.


This book will be of interest to students, practitioners and researchers, as well as the wider informed audience.



Authors and Affiliations

  • Department of Banking and Finance, University of Zurich, Zürich, Switzerland

    Marc Chesney

About the author

Marc Chesney is Professor of Finance and Director of the Department of Banking and Finance at the University of Zurich, Switzerland. He was previously Professor and Associate Dean at HEC Paris from 1993 until 2000 and is currently a member of the European NGO Finance Watch. For many years he has been developing a critical analysis of the financial sector as well as casino finance.

Bibliographic Information

Buy it now

Buying options

eBook USD 19.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 27.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access