It's not over : structural drivers of the global economic crisis /
Argues that the financial crisis is a manifestation of fundamental changes in capitalism since the mid-1970s. Examines theoretically and empirically whether increased income and wealth inequalities and business concentration contributed to the instability in the US and thereafter the world economy.
| Main Author: | |
|---|---|
| Format: | eBook |
| Language: | English |
| Published: |
New Delhi :
Oxford University Press,
2013.
|
| Edition: | 1st ed. |
| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| Summary: | Argues that the financial crisis is a manifestation of fundamental changes in capitalism since the mid-1970s. Examines theoretically and empirically whether increased income and wealth inequalities and business concentration contributed to the instability in the US and thereafter the world economy. This book argues that while deregulation definitely aided it, it cannot be the basis for the crisis. Instead of concentrating on the financial side alone, this work attempts to bring the real economy into focus by using a heterodox framework which challenges the current dominant thinking in the discipline. It examines, theoretically and empirically, whether increased income and wealth inequalities and business concentration contributed to the instability in the US economy. |
|---|---|
| Physical Description: | 1 online resource (xxxi, 207 pages) : illustrations |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 9780199082292 0199082294 |