Book description
A lucid and original account of where money comes from and why most people and businesses are so heavily in debt. It explodes more myths than any other book this century, yet it's all about subjects very close to home: mortgages, building societies and banks, agriculture, transport, global poverty, and…
Why read it?
1 author picked The Grip of Death as one of their favorite books. Why do they recommend it?
I love this book because it was a real eye-opener on par with Ingham’s work.
I discovered the book when I was researching my book with Richard Robbins. In my view it is a foundational book that should be read by all those interested in money, debt, and capitalism.
I really like Rowbotham’s analysis and cutting critique of the current monetary system. He begins the book by asking: if virtually every nation in the world is in debt, who is the money owed to?
From there the adventure begins as he unravels how modern money is created. If you thought…
From Tim's list on money and capitalism from a political economist.
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