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NEW AND FULLY UPDATED EDITION:

MELTDOWN: THE END OF THE AGE OF GREED

By Paul Mason

Published October 4th, 2010

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"What people need is a reliable guide to the financial crisis ... MELTDOWN is 
the book they are looking for." John Gray, NEW STATESMAN

"A page-turning account ... Mason is refreshingly clear-eyed--and angry." Will 
Hutton, GUARDIAN

"A lucid and sharply polemical account." Oliver Kamm, THE TIMES

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AUTHOR EVENTS

October 23, 4-6pm. Anarchist Bookfair 2010: Will Cameron's cuts lead to working 
class defeat or to a new anti capitalist movement? Skeep Lecture Room, People's 
Palace, Queen Mary's College: 327 Mile End Rd, Poplar, Greater London E1 4. For 
more information visit the website: 
http://www.anarchistbookfair.org.uk/index.html

October 26, 7pm. Frontline Club. 13 Norfolk Place, London W2 1QJ. Discussion 
between Paul Mason and acclaimed playwright Sir David Hare. Book online at: 
http://frontlineclub.com/events/2010/10/insight-with-paul-mason-the-end-of-the-age-of-greed-1.html
October 28, 1-2pm. Paul Mason visits the RSA. RSA, 8 John Adam Street, London 
WC2N 6EZ. FREE, book online at: 
http://www.thersa.org/events/our-events/meltdown-the-end-of-the-age-of-greed

October 28, 6.45pm. ICA, The Mall, London SW1Y 5AH. Capitalism After The Crash: 
The Rise and Fall of Neoliberalism. Cost: £12 / £11 Concessions / £10 ICA 
Member. Book online at: 
http://www.ica.org.uk/25945/Talks/Capitalism-After-the-Crash-The-Rise-and-Fall-of-Neoliberalism.html
October 30, 1.45pm. 14th Edinburgh Independent Radical Book Fair. Venue: Out of 
the Blue Drill Hall, 30-38 Dalmeny Street, Edinburgh, EH6 8RG, Scotland. Paul 
Mason in conversation with Michael Albert, author of Realizing Hope: Life 
Beyond Capitalism. Free, donations welcome. Visit word power's website for more 
information: http://www.word-power.co.uk/viewEvent.php?id=2851

November 1, 6.30-8pm. LSE, Old Theatre, Old Building. LSE, Houghton Street,
London, WC2A 2AE. Department of Economics public lecture: Phase Three of the 
Global Crisis. This event is free and open to all with no ticket required. 
Entry is on a first come, first served basis. For any queries email 
eve...@lse.ac.uk<mailto:eve...@lse.ac.uk>| or call 020 7955 6043.

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MELTDOWN by Paul Mason, the acclaimed economics editor for BBC Newsnight, is 
the must-read frontline account of the major events of the 2008 financial 
crisis, from the birth of G20 to the British bank bailouts. As gripping as a 
thriller, MELTDOWN documents the real-world causes and consequences, from the 
Ford factory to the trading floors of Wall Street and the City of London.

Mason is acclaimed as one of the UK's most hard-hitting and authoritative 
reporters, as portrayed in 'The Power of Yes', David Hare's play about the 
crisis. In October 2008, Mason broke the story of Paul Moore's allegations 
against ex-Chairman of the FSA, Sir James Crosby. He also writes the popular 
Orwell Prize-longlisted blog IDLE SCRAWL,

Both a trenchant critique of neo-liberalism and a response to the immense 
challenge now facing the existing economic system, MELTDOWN has become a 
definitive account of the economic shockwaves that were felt all over the world.

Now new material include examinations responses to the crisis from around the 
world, as governments have put together what Mason calls "the fatal stimulus", 
resulting in serious social unrest in various parts of the Eurozone, most 
notably Greece. He makes an eloquent plea for a return to political economy in 
the style of Marx, Keynes and Kondratieff as the only means of understanding 
the economic climate in which we now live.

Mason explains how deregulation lay at the heart of the collapse of the banking 
system in September and October 2008, leading to expanded subprime mortgage 
lending, an uncontrollable derivatives market, and the lethal fusion of banking 
and insurance. From the perils of uneven globalisation, the revolutionary 
effects of information technology, ties between big business and government, to 
the rise of the shadow banking system, Mason explores the complex web of 
factors that ushered in a new era of finance that is now poised to 
self-destruct.

Mason suggests that the combination of huge government debts and printing new 
money has the potential to make the disease afflicting capitalism chronic for a 
lifetime and against the illusion that there is a pain-free way out of the 
crisis.

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PAUL MASON is the economics editor of BBC Newsnight. He has covered 
globalisation and social justice from locations across the world, including the 
USA, Latin America, Africa and China. His book Live Working or Die Fighting was 
longlisted for the Guardian First Book Award. Paul's blog, Idle Scrawl, was 
longlisted for the Orwell Prize in 2009.

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ISBN: 978 1 84467 653 8 / £8.99 / $14.95

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For more information and to buy the book visit:

http://www.versobooks.com/books/506-meltdown

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