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Globalized Finance and Varieties of Capitalism (International Political Economy Series)
H. Van Zon (Autor)
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Palgrave Macmillan
· Tapa Blanda
Globalized Finance and Varieties of Capitalism (International Political Economy Series) - H. Van Zon
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Reseña del libro "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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