9780230308527

023030852X

9781349321995

1349321990

The recent financial crisis 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. Capital and the Debt Trap explains how key economies 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. To all those interested in political economy, enterprise governance, development studies and cooperatives, Capital and the Debt Trap opens up new ways of thinking.

"The financial crisis is destroying wealth but is also a remarkable opportunity to uncover the ways by which debt can be used to regulate the economic system. This book uses four case studies of cooperatives to give an in-depth analysis on how they have braved the crisis and continued to generate wealth"-- Provided by publisher.

Introduction

The Mother Of All Crises?

Causes And Mechanisms

Shifting Control versus Ownership

Cooperatives: Importance, Resilience and Rationality

Natividad Island Fishermen's and Divers' Cooperative, Mexico: Managing Natural Resources to Generate Wealth

Ceralep Socǐť Nouvelle, France: David and Goliath in the Glocal Economy

The Desjardins Cooperative Group: A Financial Movement For Quebec's Development

The Mondragon Cooperative Group: Local Development With A Global Vision

The Global Crisis: Mother of all Warnings.

Machine generated contents note:

Introduction

The Mother Of All Crises?

Causes And Mechanisms

Shifting Control versus Ownership

Cooperatives: Importance, Resilience and Rationality

Natividad Island Fishermen's and Divers' Cooperative, Mexico: Managing Natural Resources to Generate Wealth

Ceralep Société Nouvelle, France: David and Goliath in the Global Economy

The Desjardins Cooperative Group: A Financial Movement For Quebec's Development

The Mondragon Cooperative Group: Local Development With A Global Vision

The Global Crisis: Mother of all Warnings.

Cooperative societies > Finance > Case studies.

Debts, External > Case studies.

Cooperative societies > Finance.

Palgrave Connect (Online service)