The macroeconomics of finance-dominated capitalism and its crisis
In this timely and thought-provoking book, Eckhard Hein illustrates that the Great Recession, which hit the world economy in 2008/09, is rooted in the contradictions of finance-dominated capitalism. The author provides an in-depth exploration of the macroeconomics of finance-dominated capitalism, it...
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| Format: | eBook |
| Language: | English |
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Cheltenham
Edward Elgar
c2012
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| Collection: | Edward Elgar eBook Archive - Collection details see MPG.ReNa |
| Summary: | In this timely and thought-provoking book, Eckhard Hein illustrates that the Great Recession, which hit the world economy in 2008/09, is rooted in the contradictions of finance-dominated capitalism. The author provides an in-depth exploration of the macroeconomics of finance-dominated capitalism, its problems and its crisis, and presents economic policy lessons and alternatives 1. Introduction -- 2. Finance-dominated capitalism and re-distribution of income -- 3. Finance-dominated capitalism, capital accumulation and macroeconomic regimes -- 4. Finance-dominated capitalism and long-run productivity growth -- 5. Finance-dominated capitalism, consumption, household debt and instability -- 6. Finance-dominated capitalism, global imbalances and crisis -- 7. Requirements for income-led recovery and a global Keynesian new deal -- 8. The European financial and economic crisis : alternative solutions from a post-Keynesian perspective -- 9. Summary and conclusions |
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| Physical Description: | xi, 216 p ill |
| ISBN: | 9781781009161 1781005540 9781781005545 |