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Gambling Debt by E. Paul Durrenberger and Gisli Palsson is a book available to read on EtoBox.

What is Gambling Debt about?

A look at Iceland’s 2008 meltdown from multiple perspectives: “The story is at once shocking and hilarious . . . But also a testament to human resilience.” —Keith Hart, London School of Economics Iceland’s 2008 financial collapse was the first case in a series of meltdowns, a warning of danger in the global order. This full-scale anthropology of financialization and the economic crisis broadly discusses this momentous bubble and burst and places it in theoretical, anthropological, and global historical context through descriptions of the complex developments leading to it and the larger social and cultural implications and consequences. Chapters from anthropologists, sociologists, historians, economists, and key local participants focus on the neoliberal policies—mainly the privatization of banks and fishery resources—that concentrated wealth among a select few, skewed the distribution of capital in a way that Iceland had never experienced before, and plunged the country into a full-scale economic crisis. Gambling Debt significantly raises the level of understanding and debate on the issues relevant to financial crises, painting a portrait of the meltdown from many points of

Author
E. Paul Durrenberger and Gisli Palsson
Language
EN

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