Profiting without producing : how finance exploits us all
Author(s)
Bibliographic Information
Profiting without producing : how finance exploits us all
Verso, 2013
- : pbk
- : hbk
Available at 10 libraries
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Note
Includes bibliographical references (p. [328]-369) and index
Description and Table of Contents
- Volume
-
: pbk ISBN 9781781681411
Description
Financialization is one of the most innovative concepts to emerge in the field of political economy in the last three decades, although there is no agreement on what exactly it is. Profiting Without Producing defines financialization in terms of the fundamental conduct of non-financial enterprises, banks and households. Its most prominent feature is the rise of financial profit, in part extracted directly from households through financial expropriation.
Financialized capitalism is prone to crises, none greater than the gigantic turmoil that began in 2007. Using abundant empirical data, the book establishes the causes of the crisis and discusses the options broadly available for controlling finance.
- Volume
-
: hbk ISBN 9781781682463
Description
Financialization is one of the most innovative concepts to emerge in the field of political economy during the last three decades, although there is no agreement on what exactly it is. Profiting Without Producing puts forth a distinctive view defining financialization in terms of the fundamental conduct of non-financial enterprises, banks and households. Its most prominent feature is the rise of financial profit, in part extracted from households through financial expropriation. Financialized capitalism is also prone to crises, none greater than the gigantic turmoil that began in 2007. Using abundant empirical data, the book establishes the causes of the crisis and discusses the options broadly available for controlling finance.
by "Nielsen BookData"