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portada Globalized Finance and Varieties of Capitalism (International Political Economy Series)
Type
Physical Book
Year
2016
Language
English
Pages
240
Format
Paperback
ISBN13
9781349719532
Edition No.
1

Globalized Finance and Varieties of Capitalism (International Political Economy Series)

H. Van Zon (Author) · Palgrave Macmillan · Paperback

Globalized Finance and Varieties of Capitalism (International Political Economy Series) - H. Van Zon

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Synopsis "Globalized Finance and Varieties of Capitalism (International Political Economy Series)"

Hans van Zon analyzes the financialization of developed capitalism, and argues that the emergence 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 the greater part of the EU.

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