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portada Financialisation in Crisis
Type
Physical Book
Publisher
Year
2011
Language
English
Pages
276
Format
Hardcover
Dimensions
24.4x16.5x2 cm
Weight
0.59 kg.
ISBN13
9789004201071

Financialisation in Crisis

Lapavitsas, Costas (Author) · Brill · Hardcover

Financialisation in Crisis - Lapavitsas, Costas

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Synopsis "Financialisation in Crisis"

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.

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The book is written in English.
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