Globalized Finance and Varieties of Capitalism
Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Conditions, Economic Policy, Business & Finance
| Author: | H. van Zon, Hans van Zon | ISBN: | 9781137560278 |
| Publisher: | Palgrave Macmillan UK | Publication: | May 1, 2016 |
| Imprint: | Palgrave Macmillan | Language: | English |
| Author: | H. van Zon, Hans van Zon |
| ISBN: | 9781137560278 |
| Publisher: | Palgrave Macmillan UK |
| Publication: | May 1, 2016 |
| Imprint: | Palgrave Macmillan |
| Language: | English |
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.
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.
