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The Enchanter's Wand (The Volatile Partnership at the Heart of Global Finance)
List Price:
$26.95
| Expected release date is Jan 12th 2027 |
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Product Details
Author:
Ramaa Vasudevan
Format:
Paperback
Pages:
224
Publisher:
Verso Books (January 12, 2027)
Imprint:
Verso
Release Date:
January 12, 2027
Language:
English
Audience:
General/trade
ISBN-13:
9781804296530
ISBN-10:
1804296538
Weight:
13oz
Dimensions:
5.5" x 8.25"
File:
RandomHouse-PRH_Book_Company_PRH_PRT_Onix_delta_active_D20261020T015509_158229244-20261020.xml
Folder:
RandomHouse
List Price:
$26.95
Country of Origin:
United Kingdom
Pub Discount:
65
Case Pack:
24
As low as:
$20.75
Publisher Identifier:
P-RH
Discount Code:
A
QuickShip:
Yes
Overview
How public debt enriches global finance while impoverishing the rest of us
Economist Ramaa Vasudevan lays bare the political-economic alchemy—the enchanter’s wand—that transmutes public debt into private wealth. She shows how US-led finance commandeers public powers in its pursuit of returns and how debt usurps authority from peripheral states. Warning that a malignant mutation is underway with the rise of cryptofinance and the tighter embrace of Big-Tech and Big Finance, she points to the possibilities and pitfalls of the Chinese model of partnership, where the state maintains a tight leash on finance. The path forward, she argues, lies in reclaiming public debt as the common property of all and establishing the democratic claims of working people over those of global finance.
Economist Ramaa Vasudevan lays bare the political-economic alchemy—the enchanter’s wand—that transmutes public debt into private wealth. She shows how US-led finance commandeers public powers in its pursuit of returns and how debt usurps authority from peripheral states. Warning that a malignant mutation is underway with the rise of cryptofinance and the tighter embrace of Big-Tech and Big Finance, she points to the possibilities and pitfalls of the Chinese model of partnership, where the state maintains a tight leash on finance. The path forward, she argues, lies in reclaiming public debt as the common property of all and establishing the democratic claims of working people over those of global finance.









