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Amazon.co.uk - Globalized Finance and Varieties of Capitalism (International Political Economy Series)
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Product Name: Globalized Finance and Varieties of Capitalism
Manufacturer: Hans van Zon
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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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