Bonfire of Illusions

The Twin Crises of the Liberal World

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Bibliografische Daten
ISBN/EAN: 9780745648750
Sprache: Englisch
Umfang: 144 S.
Auflage: 1. Auflage 2010
Einband: gebundenes Buch

Beschreibung

InhaltsangabeIntroduction: Howthe World Changed in 2008. Chapter 1: Finance Humbled. What is financialization? Three perspectives on financial crisis: Minsky, Hayek, Harvey. More than just a financial crisis. (i) A longterm crisis of overaccumulation and profitability. (ii) An unstable and unbalanced global financial system. (iii) Economic growth increasingly driven by financial bubbles. Dilemmas of recovery. Chapter 2: Empire Confined. The state roars back. Collision of empires. Orchestrating disharmony. Conclusion: Regime Change or System Change? The end of neoliberalism? State, market, and planning.

Inhalt

Introduction: Howthe World Changed in 2008. Chapter 1: Finance Humbled. What is financialization? Three perspectives on financial crisis: Minsky, Hayek, Harvey. More than just a financial crisis. (i) A long-term crisis of overaccumulation and profitability. (ii) An unstable and unbalanced global financial system. (iii) Economic growth increasingly driven by financial bubbles. Dilemmas of recovery. Chapter 2: Empire Confined. The state roars back. Collision of empires. Orchestrating disharmony. Conclusion: Regime Change or System Change? The end of neoliberalism? State, market, and planning.