The games being played, day and night, in the unsleeping capital markets of the world resemble nothing so much as one vast global casino. The prices of currencies and commodities of corporate stocks and other financial assets fluctuate wildly, not in response to real market forces but a the whim of professional gamblers. The consequences for us all, if the system should collapse, would be complete disaster. This provocative book explores the unstable and largely uncontrolled system which is deliberately perpetuated.
Susan Strange was a British scholar of international relations who was "almost single-handedly responsible for creating international political economy".
Susan Strange earned a first in Economics at the London School of Economics (LSE) in 1943; it would be twenty years before she established her reputation as an academic. She raised a family of six and worked as a financial journalist for The Economist, then The Observer until 1965, when she began to conduct full-time research.
In 1942, she married Denis Merritt (died 1993); they had one son, and one daughter, and the marriage was dissolved in 1955. In 1955 she married Clifford Selly, with whom she had three sons, and one daughter.
She was a major figure in the professional associations in both Britain and the United States. She was an instrumental founding member and the first treasurer of the British International Studies Association and served as the third female President of the International Studies Association in 1995.
Strange has a simple idea: people can't be entrusted with the money. It's only the gods working in the Government, guided by the almighty god-the-government that can save the stupid people.
This text does ring a bell. People. Working. The owner gets to keep the money. But the worker gets housing. And food. And there will be food even in the old age.