A book for all of us who feel instinctively that there is something badly wrong with our global system of trade and finance, where money for its own sake is valued over jobs and people’s lives, but don’t know how to start suggesting alternatives. Margaret Legum not only analyses the current situation with devastating effect, but also suggests many new measures and steps that could be taken to start the world back on a path to the humanisation of economic policies. So if you are longing to do something constructive about the situation and need to be armed with the facts in order to do so, this is the book to read before you write to your political representatives, get out on the streets to protest or initiate positive local alternatives.
Margaret Legum studied economics at Rhodes University and Cambridge. She and her late husband, Colin, were banned from their home country, South Africa, in 1962 for speaking out against apartheid. In more recent years, based in the UK and South Africa as a lecturer and journalist, she viewed current macroeconomic theory, based on the sovereignty of global market forces, as a threat to freedom in both developed and developing countries alike.