Vulture Capitalism

Full of explosive examples and eye-opening original research, young thinker Grace Blakeley gives us a fresh look at the problems of our late stage capitalism crisis - and gives us the keys to stop it.

Everything you know about capitalism is wrong.

Free markets aren't really free. Record corporate pro­fits don't trickle down to everyone else. And we aren't empowered to make our own choices - they're made for us every day.

In Vulture Capitalism, acclaimed journalist Grace Blakeley takes on the world's most powerful corporations by showing how the causes of our modern crisis are the intended result of our capitalist system. It's not broken, it's working exactly as planned. From JPMorgan to Boeing, Henry Ford to Richard Nixon, Blakeley shows us exactly where late-stage capitalism has gone wrong.

Searing, explosive and timely, Vulture Capitalism is the book you need to understand what is happening in the world around you - and what you can do to change it.

Review

Vulture Capitalism is a vigorous rejection of the liberal idea that if only some enlightened government were to tweak its policies correctly, democratic capitalism would bring prosperity to all -- Sam Leith ― Guardian

Demolishes the idea that capitalism is dominated by the "freedom" of the market. Blakeley carefully goes over how businesses plan their own production and states coordinate society for profit ― Socialist Worker

We should not assume that there's just one way to arrange a market economy in a democracy . . . This argument is having a bit of a public moment. The young economist Grace Blakeley's new book Vulture Capitalism makes the case that capitalism as we see it now offers none of the virtues (free enterprise, moral hazard, market discipline) that its PR department claims for it ― Spectator

A galvanising takedown of neoliberalism's "free market" logic, one rooted as much in history as it is in current events. Blakeley's argument is well researched, clear and devastating. Most important of all, she charts a path forward based in hope, democracy and liberation -- Naomi Klein

Brilliantly exposes the lie at the heart of capitalism - that there is no alternative - and systematically demolishes the myths that bolster its power. Rigorous and forensic, this ultimately hopeful book hands us the keys to redesign our own destiny. Another world is possible - and Grace Blakeley expertly charts the roadmap to reach it -- Caroline Lucas

Grace Blakeley's excellent new book brings up to date Bevan's insight. Capitalism, she shows by means of pertinent case studies, is the mortal enemy of freedom and democracy. A must-read for anyone keen to put the demos back into democracy -- Yanis Varoufakis

Blakeley's magnificent book is frightening, yes, but it brilliantly gives the lie to the concept that the (man-made) ties that bind us cannot be burst. It arms the reader with detailed knowledge of the history we're normally discouraged from looking into, lest we organize, fight, and very likely win the freedom and peace we deserve. It's the sort of book that will help us make a better world -- Rob Delaney

In this trenchant book, Grace Blakeley shows how it is the logic of ultra-monopoly capitalism, rather than greed of the elite or money politics, that is at the root of our socio-economic problems. Using sharp theoretical arguments and instructive real life examples, she tells us that only greater collectivism and a democracy that goes beyond the ballot box will allow us to create a system that can restrain that logic and make society better. Read this book if you want to make fundamental changes to the world -- Ha-Joon Chang

If you've ever wondered why you (and everyone you know) feel so out of control of the world around you, this book will give you the answer. Grace Blakeley brilliantly reveals that, for elites, economics is a weapon. This book wrests that power out of their hands -- Ash Sarkar

If you want to understand the evolution of corporate power structures that run our governments and world - then this book is for you. Breaking through all the commonly misused political and financial clichés, this book is a dive right to the heart of why money, power and control flow upwards and crystallise into a structure of irresponsible gambles, aggression, immunity and self-perpetuation -- Mike Galsworthy

About the Author

Grace Blakeley is a staff writer at Tribune magazine and author of Stolen: How to Save the World from Financialisation and The Corona Crash. She previously worked as a research fellow for the Institute for Public Policy Research and as the New Statesman's economic commentator. She appears regularly in the media as a political and economic commentator.