Saving Capitalism and Democracy

Both Europe and America are in the middle of an economic and financial crisis that has given birth to a growing social crisis. Failure to deal with the crisis comprehensively threatens to cause state defaults and instigate a global economic recession. Prolonged economic crises cause social crises that, if left unresolved, instigate violence and revolutions. Rabie analyzes the causes of the crisis and articulates a strategy to deal with its many facets. Saving Capitalism and Democracy tries to answer the difficult questions posed by intellectuals, the media, politicians, students and ordinary people concerning the crisis and how to avert an impending catastrophe.

Mohamed Rabie is Professor of International Political Economy at The School of Governance and Economics in Rabat, Morocco. He studied in Egypt, Germany and the United States and holds a PhD degree in Economics from the University of Houston. He taught at several Arab and American universities, including Kuwait University, Georgetown University, The Johns Hopkins University and Al Akhawayn University in Morocco. Between 2001 and 2004 he was a Guest Professor at St. Galen University in Switzerland and between 1998 and 2000 Dr. Rabie served as an Academic Advisor to Erfurt University in Germany and was its US representative.