Extreme Money: Masters of the Universe and the Cult of Risk

3.6 avg rating
( 332 ratings by Goodreads )
 
9780132790079: Extreme Money: Masters of the Universe and the Cult of Risk

The human race created money and finance: then, our inventions recreated us. In Extreme Money, best-selling author and global finance expert Satyajit Das tells how this happened and what it means. Das reveals the spectacular, dangerous money games that are generating increasingly massive bubbles of fake growth, prosperity, and wealth--while endangering the jobs, possessions, and futures of virtually everyone outside finance.

 

"...virtually in a category of its own — part history, part book of financial quotations, part cautionary tale, part textbook. It contains some of the clearest charts about risk transfer you will find anywhere. ...Others have laid out the dire consequences of financialisation ("the conversion of everything into monetary form", in Das’s phrase), but few have done it with a wider or more entertaining range of references...[Extreme Money] does... reach an important, if worrying, conclusion: financialisation may be too deep-rooted to be torn out. As Das puts it — characteristically borrowing a line from a movie, Inception — "the hardest virus to kill is an idea". 
-Andrew Hill "Eclectic Guide to the Excesses of the Crisis" Financial Times (August 17, 2011)

 

Extreme Money named to the longlist for the 2011 FT and Goldman Sachs Business Book of the Year award.

"synopsis" may belong to another edition of this title.

Review:

Interview with Satyajit Das, author of Extreme Money: Masters of the Universe and the Cult of Risk

Read an interview with Satyajit Das, author of Extreme Money: Masters of the Universe and the Cult of Risk.

From the Back Cover:

The human race created money and finance. But our inventions re-create us. Mankind mistook money—a lubricant of society and human well-being—for an end in itself. Finance, the monetary shadow of real things, came to dominate human reality. Extreme Money tells the story of how this happened—and, in so doing, it tells the story of the modern world.

 

Bestselling author Satyajit Das draws on 33 years of personal experience at the heart of modern global finance to narrate this story. Das reveals the spectacular, dangerous money games that have generated increasingly massive bubbles of fake growth, Ponzi prosperity, sophistication, and wealth—while endangering the jobs, possessions, and futures of virtually everyone outside the financial industry.

 

You’ll learn how everything from home mortgages to climate change has become financialized, as vast fortunes are generated by individuals who build nothing of lasting value. Das shows how “extreme money” has become ever more unreal; how “voodoo banking” continues to generate massive phony profits even now; and how a new generation of “Masters of the Universe”
has come to dominate the world.

 

The new financial fundamentalism: false gods, false prophets

Faith in money, faith in risk, faith in shadows

 

The cult of risk and the growth engine that isn’t

How financial engineering replaced real engineering and illusions replaced reality

 

Financial alchemy and the “Doomsday Debt Machine”


The rise of the global financial machine we cannot escape

 

The new global oligarchy—and the nihilistic games they play

Too smart, too fast, too greedy, too self-absorbed—and far too dangerous

"About this title" may belong to another edition of this title.

Top Search Results from the AbeBooks Marketplace

1.

Satyajit Das
ISBN 10: 0132790076 ISBN 13: 9780132790079
New Quantity Available: 1
Seller:
Sharehousegoods
(Milwaukee, WI, U.S.A.)
Rating
[?]

Book Description Book Condition: New. Our Ranking is Your Confidence! This is a brand new book! Fast Shipping - Safe and Secure Mailer - Our goal is to deliver a better item than what you are hoping for! If not we will make it right!. Bookseller Inventory # 1XGDJP001GYT_ns

More Information About This Seller | Ask Bookseller a Question

Buy New
7.77
Convert Currency

Add to Basket

Shipping: 3.02
Within U.S.A.
Destination, Rates & Speeds

2.

Satyajit Das
Published by FT Press (2011)
ISBN 10: 0132790076 ISBN 13: 9780132790079
New Hardcover First Edition Quantity Available: 1
Seller:
Irish Booksellers
(Rumford, ME, U.S.A.)
Rating
[?]

Book Description FT Press, 2011. Hardcover. Book Condition: New. book. Bookseller Inventory # M0132790076

More Information About This Seller | Ask Bookseller a Question

Buy New
15.78
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

3.

Satyajit Das
Published by FT Press (2011)
ISBN 10: 0132790076 ISBN 13: 9780132790079
New Hardcover Quantity Available: 1
Seller:
Ergodebooks
(RICHMOND, TX, U.S.A.)
Rating
[?]

Book Description FT Press, 2011. Hardcover. Book Condition: New. 1. Bookseller Inventory # DADAX0132790076

More Information About This Seller | Ask Bookseller a Question

Buy New
23.45
Convert Currency

Add to Basket

Shipping: 3.02
Within U.S.A.
Destination, Rates & Speeds

4.

Das, Satyajit
Published by FT Press 2011-08-17 (2011)
ISBN 10: 0132790076 ISBN 13: 9780132790079
New Hardcover Quantity Available: 1
Seller:
M and N Media
(Acworth, GA, U.S.A.)
Rating
[?]

Book Description FT Press 2011-08-17, 2011. Hardcover. Book Condition: New. 1. 0132790076 We guarantee all of our items - customer service and satisfaction are our top priorities. Please allow 4 - 14 business days for Standard shipping, within the US. Bookseller Inventory # TM-0132790076

More Information About This Seller | Ask Bookseller a Question

Buy New
23.61
Convert Currency

Add to Basket

Shipping: 3.02
Within U.S.A.
Destination, Rates & Speeds

5.

Das, Satyajit
Published by FT Press (2011)
ISBN 10: 0132790076 ISBN 13: 9780132790079
New Hardcover Quantity Available: 2
Seller:
Murray Media
(North Miami Beach, FL, U.S.A.)
Rating
[?]

Book Description FT Press, 2011. Hardcover. Book Condition: New. Never used!. Bookseller Inventory # P110132790076

More Information About This Seller | Ask Bookseller a Question

Buy New
30.96
Convert Currency

Add to Basket

Shipping: 1.51
Within U.S.A.
Destination, Rates & Speeds

6.

Das, Satyajit
Published by FT Press
ISBN 10: 0132790076 ISBN 13: 9780132790079
New Hardcover Quantity Available: 1
Seller:
Cloud 9 Books
(Wellington, FL, U.S.A.)
Rating
[?]

Book Description FT Press. Hardcover. Book Condition: New. 0132790076 New Condition. Bookseller Inventory # NEW7.0024475

More Information About This Seller | Ask Bookseller a Question

Buy New
46.77
Convert Currency

Add to Basket

Shipping: 3.78
Within U.S.A.
Destination, Rates & Speeds