Capital and the Debt Trap opens up new ways of thinking in the view of the recent financial crisis which has had a devastating impact around the globe. Thousands of businesses have closed, millions of jobs have been cut and many people have lost their homes.
The book explains how we have fallen into a “debt trap”, linking the financial sphere to the real economy, and looks into alternatives to the constant stream of financial bubbles and shocks. Overlooked by many, cooperatives across the world have been relatively resilient throughout the crisis. Through four case studies, this book explores their strategies, providing an in-depth analysis within a broader debate on wealth generation and a sustainable future.
Read more on the book’s blog: www.capital-and-the-debt-trap.com
“Capital and the Debt Trap. Learning from cooperatives in the global crisis” by Claudia Sanchez Bajo and Bruno Roelants. Palgrave Macmillan (2011).
International Organisation of Industrial, Artisanal and
Service Producers' Cooperatives
Secretariat: C/O European Cooperative House - avenue Milcamps 105
1030 Brussels, Belgium
Tel: +32 2 543 1033, fax: +32 2 543 1037