The Cost of Free Money - Paola Subacchi

 

The Cost of Free Money by Paola Subacchi is a recap of the last century in the economic world. Turning points of history here are described as a backward and forward way to cooperation e multilateralization for the stability of the economies and the opening of the markets. The complexities of the evolutions in human constructions are wildly documented here and the problems are numerous to build a new pacific order. The inequalities are deepening between states and into them and are becoming a threat to the peace. The resolution and strength that the author put on the value of cooperation are countered by the retrenchment of the Nations inward and toward new authoritarian models of governance. Not much was told about the financialization of the economy as implicit in the title of the book.