UID:
almahu_9949701212702882
Format:
1 online resource.
ISBN:
9789004201088
Series Statement:
Brill eBook titles 32
Content:
The turmoil of 2007-2009 is a crisis of financialised capitalism, and for this reason it is systemic and unusual. The crisis commenced in the sphere of finance, spread to production, and then became a world recession. Its unusual character is apparent since never before has a global economic crisis been triggered by banks lending to workers to buy houses. Moreover, state intervention to forestall the crisis becoming a major depression has been unprecedented. This book brings together several well-known political economists to analyse the domestic and international aspects of financialisation, thus putting the crisis in its appropriate context. It draws on Marxist and other heterodox economics to cast light on the broader implications of financialisation and crisis for society.
Note:
Preliminary Material --
,
Introduction: A Crisis of Financialisation /
,
Chapter One Financialised Capitalism: Crisis and Financial Expropriation /
,
Chapter Two Racial Exclusion and the Political Economy of the Subprime Crisis /
,
Chapter Three On the Content of Banking in Contemporary Capitalism /
,
Chapter Four Central Banking in Contemporary Capitalism: Inflation-Targeting and Financial Crises /
,
Chapter Five The Historical Significance and the Social Costs of the Subprime Crisis: Drawing on the Japanese Experience /
,
Chapter Six The Globalisation of Financial Capital, 1997-2008 /
,
Chapter Seven Developing Countries in the Era of Financialisation: From Deficit-Accumulation to Reserve-Accumulation /
,
Chapter Eight Global Integration of Middle-Income Developing Countries in the Era of Financialisation: The Case of Turkey /
,
References --
,
Index.
Additional Edition:
Print version: Financialisation in Crisis Leiden, Boston : BRILL, 2012, ISBN 9789004201071
Language:
English
