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There Is No Wealth but Life

In: Crisis and Recovery

Author

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  • Phillip Blond

Abstract

What is remarkable about this economic crisis and the unprecedented economic and ideological shifts it has initiated is that so few saw it coming. Previously, anticipations of disaster were felt 10 or even 20 years before they happened. The First World War was already feared in the 1890s, and the Second World War was already predicated after the end of the first. Likewise, the withdrawal from the gold standard, the collapse of Bretton Woods and, indeed, the final collapse in 1979 of the failing and failed postwar British settlement were all seen by the cognoscenti a good decade before the final denouement.

Suggested Citation

  • Phillip Blond, 2010. "There Is No Wealth but Life," Palgrave Macmillan Books, in: Crisis and Recovery, chapter 4, pages 77-99, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-29491-2_5
    DOI: 10.1057/9780230294912_5
    as

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