Cannibal Capitalism

Cannibal Capitalism

Share

Hill, Michael C. John Wiley & Sons, Inc., 2012 Audio summary available
Price: $99.
Subscribe
Price:
$9.95

IN THIS SUMMARY

Michael Hill was a custom home builder with a company valued at $47 million when the subprime crisis hit and the nation’s housing market tanked. In 2008, Hill found himself in bankruptcy court. He realized that the housing and credit crises were symptomatic of a much deeper, systemic problem he calls “cannibal capitalism,” the quest to make money from money rather than develop new, tangible commodities that could advance the economy. In Cannibal Capitalism, Hill reveals the problem facing the U.S. from the perspective of a small businessman rather than from the narrow view of rich politicians attempting to discuss the realities of the middle class. He details how the nation reached such a precarious state and suggests where the nation must go from here.