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Price Wars

How Chaotic Markets Are Creating a Chaotic World

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About this listen

War in Ukraine, a global hunger crisis, the West's cost of living crisis—the eruptions of 2022 were all too predictable. In Price Wars, Rupert Russell lays out just how these crises are connected and how many such events plunged the 2010s into a decade of turmoil.

Entering the eye of the storm—from the trenches of Russian separatist-controlled Donbas to bomb disposal squads in Mosul to cattle raiders in Kenya—Russell discovers a butterfly effect of chaos in the real world being driven by chaos in the commodities markets. The price of food and oil has the power to bankroll foreign invasions, plunge continents into poverty and spark revolutions, civil wars and refugee crises. And these prices, whistle-blowing hedge fund managers and Nobel Prize winners told him, have become irrational. In this thrilling exposé of the dark financial forces that rule our world, Russell takes us on adventure into the inner workings of global disorder unlike any other.

PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your Library section along with the audio.

©2022 Rupert Russell (P)2022 Orion Publishing Group International Politics & Government Sociology War Middle East Africa Capitalism
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A very clear and well written explanation of how all our lives are controlled by prices and the people who set them.

Insight into how our lives are controlled by prices.

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Lots of the on the ground colour reporting is mediocre/not particularly relevant to the overall thesis, and there's a bunch of material that's covered better elsewhere about the history and ideas of the neoliberal turn. But the book's main argument is super important and dealt with accessibly albeit not in tremendoys depth: chaos in commodity markets is a major driver of conflict and political instability globally.

Strong, important main argument; some fluff

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