States, banks and crisis : emerging finance capitalism in Mexico and Turkey / Thomas Marois.

Format:

Book

Author/Creator:

Marois, Thomas.

Language:

English

Subjects (All):

Banks and banking--Mexico.

Banks and banking.

Mexico.

Banks and banking--Turkey.

Turkey.

Mexico--Economic conditions.

Economic conditions.

Turkey--Economic conditions.

Physical Description:

xi, 263 pages ; 24 cm

Place of Publication:

Cheltenham : Edward Elgar, 2012.

Summary:

Marois (developmental studies, School of Oriental and African Studies, U. of London, UK) examines state-bank relations in Mexico and Turkey, setting his analysis within the context of the underlying unequal and exploitative social relations of power that have arisen with the 1980s transition to neoliberal capitalism and its more aggressive finance-led form that since the 1990s has come to culminate in "emerging finance capitalism" as the contemporary form of accumulation. His analysis adopts Rudolf Hilferding's Marxian methodology from Finance Capital (1910) and is presented over seven chapters that first place the countries' banking relations in historical and comparative perspective prior to the 1980s, then present a detailed analysis of changes from the 1980s debt crisis through to the contemporary Great Recession. In addition to describing the structural changes in banking, he pays considerable empirical and analytic attention to the role of labor in banking. Annotation ©2012 Book News, Inc., Portland, OR (booknews.com)

Notes:

Includes bibliographical references (pages 220-250) and index.

ISBN:

9780857938572

0857938576

OCLC:

779244839