Produktdetaljer
Biografisk notat
Ladislau Dowbor is a Full Professor of Economics at the Catholic University of São Paulo, Brazil, and a consultant in development planning for different governments and institutions, mainly in Brazil, but also in Africa and in other Latin American countries. He has published over a dozen single-authored books, and over fifty in collaboration with other writers. His publications include Formation du capitalisme au Brésil; A Reprodução Social; The Broken Mosaic: For an Economics beyond Equations; Transitions to Sustainability; and A Era do Capital Improdutivo."[This book is] a revealing and deeply informed study of the enormous power that has accrued to financial institutions and the deleterious impact on the global economy as financial transactions drain the economy and undercut productive investment. Dowbor's focus is on the Brazilian experience, analyzed with care and insight, but the implications, as he clearly shows, are global in scope. [It is a] very important contribution."(Noam Chomsky, Massachusetts Institute of Technology, USA)"Pre-eminent Brazilian economist Ladislau Dowbor accounts in excellent detail how Brazil's homegrown banks were taken over by big European and US banks as "cash cows"! This takeover exacerbated structural inequities in the Brazilian economy by increasing already unnecessarily high interest rates. For example, they purposely promoted consumer lending by fraudulently advertising their exorbitant annual rates in monthly terms to deceive unwary buyers of durable household appliances."(Hazel Henderson, Ethical Markets, 2019)