Adam Tooze. Crashed: How a Decade of Financial Crises Changed the World. Viking. New York. 2018
The global economic crisis is now more than a decade old, and is far from definitively behind us. Indeed, many fear, with good reason, that the recent, uneven and lethargic global recovery may soon come to an end, and that the next crisis of global capitalism could be even worse than that of 2008.
In David Frum’s recently published book, Trumpocracy – The Corruption of the American Republic, Frum explores the conditions that allowed for President Donald Trump to take over the oval office. However, Frum seems to have missed the mark, by failing to appropriately cite the rise of inequality and neo-liberalism as the primary drivers of Trump’s victory.