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Profiting Without Producing How Finance Exploits Us All von Lapavitsas, Costas (eBook)

  • Erscheinungsdatum: 01.11.2013
  • Verlag: Verso
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Profiting Without Producing

Financialization is one of the most innovative concepts to emerge in the field of political economy in the last three decades, although there is no agreement on what exactly it is. Profiting Without Producing defines financialization in terms of the fundamental conduct of non-financial enterprises, banks and households. Its most prominent feature is the rise of financial profit, in part extracted directly from households through financial expropriation. Financialized capitalism is prone to crises, none greater than the gigantic turmoil that began in 2007. Using abundant empirical data, the book establishes the causes of the crisis and discusses the options broadly available for controlling finance.

Produktinformationen

    Format: ePUB
    Kopierschutz: AdobeDRM
    Erscheinungsdatum: 01.11.2013
    Sprache: Englisch
    ISBN: 9781781685068
    Verlag: Verso
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