The Gigantic Casino

Fülszöveg

"Fidel is undoubtedly the most visionary and audacious among
\
revolutionaries of our age but also a hard-boiled realist, devoted to
detail and'precision. His role 'as a soldier in the battle of ideas3 takes
the overt form now of virtually daily columns in which he reflects
upon the most general problems faced by the whole of humanity,"
AIJAZ AHMAD
Ten years before the financial crisis broke out in late 2008, Fidel Castro had said:
"There has been an accelerated and unbelievable growth in so-called hedge funds and
the derivatives market. It is an additional system of speculative gambling, where the
players bet anything and everything, based on sophisticated risk calculations
generated by computers, high-level programmers and economic experts. They exploit
insecurity and use the money in the banks' savings accounts. They have practically
no restrictions, make huge profits and can provoke disasters.
"The fact that the current economic order is unsustainable is... Tovább

Fülszöveg

"Fidel is undoubtedly the most visionary and audacious among
\
revolutionaries of our age but also a hard-boiled realist, devoted to
detail and'precision. His role 'as a soldier in the battle of ideas3 takes
the overt form now of virtually daily columns in which he reflects
upon the most general problems faced by the whole of humanity,"
AIJAZ AHMAD
Ten years before the financial crisis broke out in late 2008, Fidel Castro had said:
"There has been an accelerated and unbelievable growth in so-called hedge funds and
the derivatives market. It is an additional system of speculative gambling, where the
players bet anything and everything, based on sophisticated risk calculations
generated by computers, high-level programmers and economic experts. They exploit
insecurity and use the money in the banks' savings accounts. They have practically
no restrictions, make huge profits and can provoke disasters.
"The fact that the current economic order is unsustainable is evidenced by the very
vulnerability and weakness of the system, which has turned the planet into a gigantic
casino, and turned millions of citizens and sometimes even entire societies into
gamblers, adulterating the function of money and of investments, given that they
pursue neither the production nor the growth of the world's wealth, but rather a
means to make money with money. Such a deformation will inevitably lead the world
economy towards disaster."
Every word uttered by Fidel Castro came true.
This book shows Castro at his inimitable best, tracking developments as they unfold,
using his enormous wisdom and sharp analytical faculties to unravel aspects of the
biggest economic crisis to hit the capitalist world since
the Great Depression of the 1930s. Vissza