Crisis as Unexpected Transition... to a Greed-Based Economic Sysytem

Wladimir Andreff ()
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Wladimir Andreff: CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique

Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL

Abstract: The interaction of post-Soviet transition with the crisis of market finance has spread throughout the global economy real and financial asset grabbing. Shadow banking and other economic malpractices circumvent the current rules of capitalism and create a global informal economy. A sector of greed-based economy develops based on systemic greed, absolute wealth maximisation in a winner-take-all form of competition.

Keywords: asset grabbing; privatsation; financial markets; shadow banking; systemic greed; winner-take-all (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (3)

Published in Research in Political Economy, 2013, 28, pp.1-48

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Persistent link: https://EconPapers.repec.org/RePEc:hal:cesptp:halshs-00874477

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