The Demise of Finance-dominated Capitalism

Edited by Eckhard Hein, Daniel Detzer and Nina Dodig

in Books from Edward Elgar Publishing

Abstract: This book provides an overview of different theoretical perspectives on the long-run transition towards finance-dominated capitalism, on the implications for macroeconomic and financial stability, and ultimately on the recent global financial and economic crisis. In the first part, the macroeconomics of finance-dominated capitalism, the theories of financial crisis and important past crises are reviewed. The second part deals with the 2007-09 financial and economic crisis in particular. The special focus is on the long-run problems and inconsistencies of finance-dominated capitalism which played a key role in the crisis and its level of severity.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2015
ISBN: 9781784715069
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (35)

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