Globalized finance and varieties of capitalism / Hans van Zon.

Format:

Book

Author/Creator:

Zon, Hans van, 1949- author.

Series:

International political economy series (Palgrave Macmillan (Firm))

International political economy series

Language:

English

Subjects (All):

Capitalism--United States.

Capitalism.

United States.

Capitalism--European Union countries.

Finance--United States.

Finance.

Finance--European Union countries.

European Union countries.

Globalization--Economic aspects.

Globalization.

Physical Description:

x, 227 pages ; 23 cm.

Place of Publication:

Houndmills, Basingstoke, Hampshire : Palgrave Macmillan, 2016.

Summary:

"Hans van Zon analyzes the financialization of developed capitalism, and argues that the emergency 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 large part of the EU"--Back cover.

Contents:

The United States: casino capitalism unleashed

The United States: the great financial crisis and its aftermath

The variety of capitalism and neoliberalism

European monetary union and freedom for capital

The euro as a divisive force

Globalization, financialization and US power

The variety of capitalism after the great financial crisis

Why did economists and neoliberals get it so wrong?

Reclaiming sovereignty.

Notes:

Includes bibliographical references (pages 214-217) and index.

ISBN:

1137560266

9781137560261

OCLC:

919563252