New Zealand's economy was once dominated by people who made things; it is now dominated by people who finance things. Bruce Jesson argues that New Zealand has been transformed, since 1984, by the culture of finance, and that our society and economy are now subject to irrational, speculative forces.
A classic of NZ political history writing. Reading it now, it's sometimes a little jarring how references to the time of writing have dated. Still very interesting (and depressing).