Globalized Finance and Varieties of Capitalism
| Autor: | Zon, H van |
|---|---|
| EAN: | 9781349719532 |
| Auflage: | 2016 |
| Sachgruppe: | Medien, Kommunikation |
| Sprache: | Englisch |
| Seitenzahl: | 227 |
| Produktart: | Kartoniert / Broschiert |
| Veröffentlichungsdatum: | 11.02.2020 |
| Schlagworte: | Business / Economics / Finance |
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Hans van Zon analyzes the financialization of developed capitalism, and argues that the emergence of finance as a dominant force has contributed to the relative decline of the West. He demonstrates that the neo-liberal model is inherently unstable and undermines capitalist economies, which can only function if they are embedded in institutions that are non- or even pre-capitalist. He shows how a toxic combination of financialization, corporate globalization, and a deregulated and parasitic financial industry have led to structural economic stagnation in both the USA and the greater part of the EU.
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