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Why Save the Bankers? And Other Essays on Our Economic & Political Crisis

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Original Language: French | 224 pp. | 2011 + 2016

2 Seas represents: Dutch, Nordic and North American rights.

Rights Sold: North America (Houghton Mifflin Harcourt), The Netherlands (De Bezige Bij), Germany (C.H. Beck), Japan, Korea, Italy, Poland, Brazil (Intrinseca), Portugal, Spanish world, Swedish (Volante), Thailand, Turkey; World English audio rights (Audible, in a pre-empt, excl. UK & British Commonwealth), Finland (Minerva).

Full English translation available

NON-FICTION | ECONOMY | POLITICS

The questions explored in these brilliant essays cut to the heart of our failing economic and democratic systems. If you have been influenced by Piketty’s landmark work on inequality, make sure to read this next. — Naomi Klein, author of This Changes Everything and The Shock Doctrine

Many of [Piketty’s] pieces are comparatively easy to follow for readers without much knowledge of economics, especially when he picks apart topics that defy classical economic logic (‘Do you understand anything about the carbon tax?’ one piece from 2009 begins); in this he resembles Paul Krugman, who similarly writes clearly on complex topics … Helps make sense of recent financial history.—Kirkus

Remember when everyone was obliged to pretend to have read Piketty’s 700-page tome Capital in the Twenty-First Century? Now [comes] a Piketty for the proletariat, compiling eight years of the economist’s columns written for the French magazine Libération. The book begins in September 2008 just after the collapse of Lehman Brothers and takes readers through the aftermath of the crisis that followed, offering Pikettian analysis of the Obama presidency and the European Union’s debt woes.  THE MILLIONS, 2016 Most Anticipated Nonfiction

Incisive commentary on the financial meltdown and its aftermath, from the author of the bestselling global phenomenon Capital in the Twenty-First Century

Thomas Piketty’s work has proved that without meaningful regulation, capitalist economies will concentrate wealth in an ever smaller number of hands. Unfettered markets lead to increasing inequality. Armed with this knowledge, how can democratic societies fend off a new aristocracy? For years, Piketty has wrestled with this issue in the pages of Libération, one of France’s leading news magazines. His monthly column pierces the surface of current events to reveal the economic forces underneath. Why Save the Bankers? brings together selections from eight years of these columns, now translated and annotated, beginning with the collapse of Lehman Brothers in September 2008, and the title essay’s provocative challenge. Along the way, Piketty weighs successes and failures of the Obama presidency, charts a course out of the European Union’s debt crisis, questions whether or not debts must be paid, and asks what the career of Steve Jobs can teach us about economic inequality. Remarkable for their clarity and surprising wit, these brief essays offer a view of our recent history through the eyes of the most important economic thinker of our time.

FOREIGN COVERS:

WHY SAVE BANKERS SWEDEN    SAVE THE BANKERS NETHERLANDS    Piketty_Why save the bankers?_Finland_Minerva_October2016

Sweden (Volante), The Netherlands (De Bezige Bij), Finland (Minerva)