Beyond the Crash, Gordon Brown
Beyond the Crash, Gordon Brown
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Beyond the Crash
Overcoming the First Crisis of Globalization

Author: Gordon Brown

Narrator: Gordon Brown

Unabridged: 6 hr 58 min

Format: Digital Audiobook Download

Published: 12/07/2010


Synopsis

The international financial crisis that has held our global economy in its grip for too long still seems to be in full stride. Former British Prime Minister and Chancellor of the Exchequer Gordon Brown believes the crisis can be reversed, but that the world’s leaders must work together if we are to avoid a decade of lost jobs and low growth.

Brown speaks both as someone who was in the room driving discussions that led to some crucial decisions and as an expert renowned for his remarkable financial acumen. No one who had Brown’s access has written about the crisis yet, and no one has written so convincingly about what the global community must do next in order to climb out of this abyss. Brown outlines the shocking recklessness and irresponsibility of the banks that he believes contributed to the depth and breadth of the crisis. As he sees it, the crisis was brought on not simply by technical failings, but by ethical failings too. Brown argues that markets need morals and suggests that the only way to truly ensure that the world economy does not flounder so badly again is to institute a banking constitution and a global growth plan for jobs and justice.

Beyond the Crash puts forth not just an explanation for what happened, but a directive for how to prevent future financial disasters. Long admired for his grasp of economic issues, Brown describes the individual events that he believes led to the crisis unfolding as it did. He synthesizes the many historical precedents leading to the current status, from the 1933 London conference of world leaders that failed to resolve the Great Depression to the more recent crash in the Asian housing market. Brown’s analysis is of paramount importance during these uncertain financial times.

As Brown himself said of his ideas for the future, “We now live in a world of global trade, global financial flows, global movements of people, and instant global communications. Our economies are connected as never before, and I believe that global economic problems require global solutions and global institutions. In writing my analysis of the financial crisis, I wanted to help explain how we got here, but more important, to offer some recommendations as to how the next stage of globalization can be managed so that the economy works for people and not the other way around.”

About Gordon Brown

Gordon Brown was Chancellor of the Exchequer, a role he held for more than a decade, then Prime Minister of the United Kingdom. He is credited with preventing a second Great Depression through his leadership at the 2009 London G20 summit where he mobilised global leaders to walk the world back from the financial brink. Today he is fully engaged in international development work serving as the United Nations Special Envoy for Global Education, spearheading efforts to deliver a quality and inclusive education for all of the world's children, and as the World Health Organization's Ambassador for Global Health Finance. Brown has a PhD in History from the University of Edinburgh. A Member of Parliament between 1983 and 2015, he lives in Fife, Scotland, and is married to Sarah, and the couple have two teenagers.


Reviews

Goodreads review by James on March 04, 2012

This is a visionary manifesto which successfully argues that globalisation is not something that can be shut out by nations but is something that should be tackled through a sustained globalised effort. Unilateral national interests are not sufficient to deal with the challenges of globalisation and......more

Goodreads review by Cristina on July 12, 2012

i found the first third a bit tedious and heavy on the politics, but overall it was surprisingly insightful and gave me a profound sense of clarity. i'm used to reading about globalization on THAT scale but reading (what seem like commendable, however probably impossible) recommendations from an ind......more

Goodreads review by Dylan on April 26, 2025

what a book! Brown writes in long sentences, going into depth on minutiae before stepping back to give the bigger picture. the clear thread throughout is his desire for a global financial constitution and for ethics and morals to guide the global financial system. I think his conclusion could have be......more

Goodreads review by Dylan on December 22, 2018

I think the best aspect of Brown is his rational with numbers. It's so powerful.......more

Goodreads review by Alejandro on January 01, 2015

It's fashionable to trash Gordon Brown: he was only PM for three years and it coincided with the financial crisis. So it's easy for his political enemies on the right to use the line of attack "things went wrong on Brown's watch therefore he is responsible". And unfortunately because of how he behav......more