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.

Bibliographic Details
Main Author: Rohit (Economist)
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
Table of Contents:
  • Increasing concentration and inequality. Class conflict and inequality ; Weakened workers and resurgent capital ; Did concentration increase inequality?
  • Theoretical framework. Models on concentration and growth ; The wealth effect ; The debt effect
  • Empirical illustration. An overview of the US economy ; Consumption behaviour in the US ; Investment behaviour of US corporations ; Two booms since 1990.