When the Enron filed the biggest bankruptcy petition in the history of
the United States, if not the world, the immediate response by most
politicians and financiers was that this scandal was a "failure of
regulatory institutions" that can be corrected and may possibly even be
a purely North American problem. However, an in-depth exploration of
what happened, as undertaken in this volume, reveals that the widespread
corruptions at corporate level have their roots in the transformations
of socio-political conditions in the wake of an extreme fetishization of
the neo-liberal market model.