"Globalization represents the tragic reversal of all that Keynes hoped to achieve at Bretton Woods: an international framework that would end nationalisms, international trade competition, high levels of domestic unemployment, low levels of aggregate demand and the consequent debt deflation. It was an attempt by Keynes and other economists to prevent the return of nationalisms and fascism by developing policies that increased domestic demand not by boosting exports and raising demand externally but by raising living standards at home: an inter-national system that would restore policy autonomy to democratic states and stability to the world’s economies."
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Women authors from the United KingdomNon-fiction authors from South AfricaImmigrants to the United KingdomWomen authors from South AfricaEconomists from South Africa
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Ann Pettifor
Ann Pettifor (born February 1947) is a British economist who advises governments and organisations. She has published several books. Her work focuses on the global financial system, sovereign debt restructuring, international finance and sustainable development. Pettifor is best known for correctly predicting the financial crisis of 2007–08. She was one of the leaders of the Jubilee 2000 debt cancellation campaign.
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