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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Enchanter's Wand: The Volatile Partnership at the Heart of Global Finance

The Enchanter's Wand: The Volatile Partnership at the Heart of Global Finance

Paperback

Business GeneralInvesting & FinanceGeneral Political Science

Publisher Price: $26.95

PREORDER - Expected ship date January 12, 2027

ISBN10: 1804296538
ISBN13: 9781804296530
Publisher: Verso
Published: Jan 12 2027
Pages: 208
Weight: 0.81
Language: English
A deep dive into the public-private partnership at the heart of the global capitalism, and how states use debt to enrich finance while impoverishing the rest of us.

At the heart of the public-private partnership within global capitalism, how states use debt to enrich finance while impoverishing the rest of us.

This is how the financial system actually works: public debt becomes the engine of private wealth, and the more countries borrow, the richer Wall Street gets. Marx called it the enchanter's wand. In this book, economist Ramaa Vasudevan, reveals this hidden architecture: how finance, empire, and geopolitics interlock. How public debt mediates and enforces financial power both domestically and internationally. How debt creates order for some and chaos for others--and how this system is designed to do exactly that.

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