Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America
Hardcover edition
Author
Matt Taibbi
Country
United States
Language
English
Genre
Non-fiction
Publisher
Spiegel & Grau
Publication date
November 2010
Media type
Print, e-book
Pages
252
ISBN
978-0385529952
OCLC
795624595
Preceded by
The Great Derangement
Followed by
The Divide
Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America is a 2010 book by American political journalist Matt Taibbi about the events that led to the financial crisis of 2008.
It argues that the crisis was not an accident of the free market but the result of a complex and ongoing politico-financial process taking place in the United States whereby wealth and power are transferred to a super-rich "grifter class" that holds a grip on the political process. Taibbi maintains that "all of us, conservatives and progressives, are being bled dry by a tiny oligarchy of extremely clever criminals and their castrato henchmen in government."[1]
Critical reception was mixed. One observer described Griftopia as "necessary ... corrective" of the assertion that bubbles are inevitable in the market system,[2] and another review said the book contests the idea greed of the American consumer was a primary cause of the problem.[3] More negative reviews described Griftopia as "superficial and one-sided"[4] and as spoiled by Taibbi's use of hyperbolic and profane language.[5][2]
^Matt Taibbi (2010). Griftopia. Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America. Spiegel & Grau, 2010. p. 33. ISBN 978-0-385-52995-2.
^ abPeter S. Goodman (December 24, 2010). "Thieves' Paradise". The New York Times. Archived from the original on November 9, 2020. Retrieved December 29, 2010.
^"25 People to Blame for the Financial Crisis". Time. Archived from the original on December 28, 2010. Retrieved December 29, 2010.{{cite magazine}}: CS1 maint: bot: original URL status unknown (link)
^Cite error: The named reference Ben-Ami was invoked but never defined (see the help page).
^Cite error: The named reference Barrons was invoked but never defined (see the help page).
Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America is a 2010 book by American political journalist Matt Taibbi about...
Taibbi has authored several books, including The Great Derangement (2009); Griftopia (2010); The Divide (2014); Insane Clown President (2017); I Can't Breathe...
hooey," albeit with some "truth to be gleaned from it." In his book, Griftopia (2010), Matt Taibbi cited Zero Hedge as having accurately assessed the...
LLC according to the City of Chicago are listed below. Matt Taibbi in Griftopia claims that Deeside investments owns 49.9 percent (and possibly a controlling...
original on May 18, 2011. Retrieved May 20, 2011. Taibbi, Matt (2010). Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America...
MarketWatch. Archived from the original on March 13, 2017. Taibbi, Matt (2010). Griftopia. Spiegel & Grau. p. 248. ISBN 978-0385529952. Andrews, Edmund; Walsh,...
MarketWatch. Archived from the original on March 13, 2017. Taibbi, Matt (2010). Griftopia. Spiegel & Grau. p. 248. ISBN 978-0385529952. Andrews, Edmund; Walsh,...
1998–2005: AIG & the anatomy of the crash. The Washington Post Matt Taibbi. Griftopia. Spiegel & Grau. p. 101. ISBN 978-0-385-52995-2. Morgenson, Gretchen (2008-09-27)...
take care of the 'roll'". Straits Times. Taibbi, Matt (2010-11-02). Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America...
the original on April 23, 2009. Retrieved April 29, 2018. Taibbi, Matt. Griftopia. "FAIL: The Reader's Parking Meter Investigation; Ben Joravsky and Mick...
Latin America, Africa, Europe and USA.[citation needed] In his book Griftopia, Matt Taibbi laid a substantial portion of the liquidity crisis at AIG...
Michelle Caruso-Cabrera, Matt Taibbi February 18, 2011 (2011-02-18) Griftopia, budget cuts, Obama as a bad negotiator, trade unions for government employees...
filed an FOIA suit against the U.S. Securities and Exchange Commission Griftopia, Matt Taibbi's book about the financial crisis of 2008 Regulatory capture...
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