Automotive Holiday Deals Books Gift Guide Books Gift Guide Shop Men's Athletic Shoes Learn more nav_sap_SWP_6M_fly_beacon Black Friday egg_2015 All-New Amazon Fire TV Grooming Deals Gifts for Her Amazon Gift Card Offer cm15 cm15 cm15 $30 Off Amazon Echo $30 Off Fire HD 6 Kindle Cyber Monday Deals Cyber Monday Video Game Deals Outdoor Deals on HTL

Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.

  • Apple
  • Android
  • Windows Phone
  • Android

To get the free app, enter your email address or mobile phone number.

  • List Price: $33.00
  • Save: $3.72 (11%)
FREE Shipping on orders over $35.
Only 1 left in stock (more on the way).
Ships from and sold by Gift-wrap available.
The Coming First World De... has been added to your Cart
Condition: Used: Very Good
Comment: Used; Book is in very good condition with minor wear to cover, tight binding. Text is clean of any markings, writing, or highlighting. Small stain on outside edge of book.
Have one to sell? Sell on Amazon
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more
See all 2 images

The Coming First World Debt Crisis Paperback – November 28, 2006

6 customer reviews

See all 3 formats and editions Hide other formats and editions
New from Used from
"Please retry"
$16.36 $2.96

Take an Extra 30% Off Any Book
$29.28 FREE Shipping on orders over $35. Only 1 left in stock (more on the way). Ships from and sold by Gift-wrap available.

Frequently Bought Together

  • The Coming First World Debt Crisis
  • +
  • Real World Economic Outlook: The Legacy of Globalization: Debt and Deflation
Total price: $72.28
Buy the selected items together

Special Offers and Product Promotions

  • Take an Extra 30% Off Any Book: Use promo code HOLIDAY30 at checkout to get an extra 30% off any book for a limited time. Excludes Kindle eBooks and Audible Audiobooks. Restrictions apply. Learn more | Shop now

Editorial Reviews


'This insightful book examines how the current international trade in goods and finance that is making the rich richer and the poor poorer and threatens ecosystem and societal collapse is no accident.' - Jonathan Essex, Green World

About the Author

ANN PETTIFOR was the co-founder of Jubilee 2000 which campaigned for debt relief at the turn of the millennium and is now a Director of Advocacy International, which works with debtor governments, and has helped countries like Nigeria, Ethiopia and Guyana write off millions of dollars of debt.

Hero Quick Promo
Holiday Deals in Kindle Books
Save up to 85% on more than 1,000 Kindle Books. These deals are valid until November 30, 2015. Learn more

Product Details

  • Paperback: 232 pages
  • Publisher: Palgrave Macmillan (November 28, 2006)
  • Language: English
  • ISBN-10: 0230007848
  • ISBN-13: 978-0230007840
  • Product Dimensions: 5.5 x 0.4 x 8.5 inches
  • Shipping Weight: 8.5 ounces (View shipping rates and policies)
  • Average Customer Review: 3.8 out of 5 stars  See all reviews (6 customer reviews)
  • Amazon Best Sellers Rank: #647,215 in Books (See Top 100 in Books)

More About the Author

Discover books, learn about writers, read author blogs, and more.

Customer Reviews

Most Helpful Customer Reviews

13 of 14 people found the following review helpful By Chiu-ying Wong on July 28, 2009
Format: Paperback
I read the book before I read the reviews here. After I read the book, I thought to myself that the author had some interesting ideas. Not many people before 2007 thought so negatively about bankers : before the crisis, bankers were well-respected people who were regarded as upright, intelligent and deservedly rich. Young graduates rushed to join banks not only for the money but the prestige. Now we know how wrong we all were. The banks abused the privilege (of being able to create money from thin air) given to them, chased short-term profits that resulted in the collapse of the system, dragging down innocent people with them. If anything, the book should have served as a warning to policy makers before 2007 that bankers should be reined in. I disagree with the other reader who called the author Marxist and other names. The facts support her views. Banks serve an important function in a capitalist society, but they have to be kept under a leash, otherwise they will do damage to the society. Credit creation is a two-way sword, we need it for economic growth, but if it is given too loosely, it will destroy the system. This is not Marxist speak, this is pragmatism.
1 Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
8 of 8 people found the following review helpful By Nicholas Battafarano on May 14, 2010
Format: Paperback
In this book published in 2006 Ann Pettifor put forward a detailed scenario in which excessive debt in the developed world caused a serious economic crisis. The 2008 financial crisis proceeded exactly as she suggested it would. Pettifor does an excellent job of explaining how the basic financial structure of our society was undermined in the lead up to our most recent crisis. I have read fairly extensively on economics, and this book contains by far the best explanation of what money is and how it works that I have encountered. Pettifor makes a case for her own solutions to the problems leading up to the crisis, which are mostly radically outside of the mainstream options being considered. Of course the idea of a first world financial collapse was outside of the mainstream when the book was published.

Ultimately the presentation of the flaws in our system that led to the crisis is easily separated from the critique/solutions that Pettifor presents. Pettifor's ideological bent isn't as cut and dry as other reviewers have suggested, people ranging from marxists to libertarians will find suggestions they agree with and others they don't. Even if you aren't amenable to any of the solutions proposed in the book it does such a phenomenal job of outlining the problem that, regardless of your ideological bent, it is well worth your time. If you are looking for an incisive analysis of the underlying flaws that have lately plagued our economy this is the book for you.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
1 of 2 people found the following review helpful By Sarah on May 28, 2012
Format: Paperback
Dr. Pettifor sums up in quick reading what has really been going on in finance and economy.
How was she able to get the G8 or EU to 'forgive billions in debt owed by "developing" countries?
Because she - and they - know that money is created from nothing.
Therefore, the IMF, World Bank and whoever else didn't lose a dime forgiving those loans.
Yes, other authors have come before her - and we should read those books, as well.
Dr. Pettifor is the most recent eye-witness, and this book is a valuable contribution.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse

Set up an Amazon Giveaway

Amazon Giveaway allows you to run promotional giveaways in order to create buzz, reward your audience, and attract new followers and customers. Learn more
The Coming First World Debt Crisis
This item: The Coming First World Debt Crisis
Price: $29.28
Ships from and sold by