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Panic: The Betrayal of Capitalism by Wall Street and Washington
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Bibliographic Detail
Publisher Richard Vigilante
Publication date March 15, 2010
Pages 263
Binding Hardcover
Book category Adult Non-Fiction
ISBN-13 9780980076363
ISBN-10 0980076366
Dimensions 0.75 by 6.25 by 9.50 in.
Weight 1 lbs.
Availability§ Apply Direct
Original list price $27.95
§As reported by publisher
Summaries and Reviews description: Product Description: What happens when the people running America's financial institutions believe that human judgment is passe? When they abdicate decision-making to an algorithm? The crash of 2008 was driven by a financial establishment, dominant in both Wall Street and Washington, that betrayed the fundamental principle of Capitalism: that all wealth springs from the minds of men. The bureaucrats of capital sought refuge in rules and systems as substitutes for thought, ultimately creating a machinery of disaster they could neither understand nor control.

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