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It's not over : structural drivers of the global economic crisis

Author: Rohit, (Economist)
Publisher: New Delhi : Oxford University Press, 2013.
Edition/Format:   Print book : English : First editionView all editions and formats
Summary:
Argues that the financial crisis is a manifestation of fundamental changes in capitalism since the mid-1970s. Examines theoretically and empirically whether increased income and wealth inequalities and business concentration contributed to the instability in the US and thereafter the world economy.
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Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Rohit, (Economist)
ISBN: 9780198088417 0198088418
OCLC Number: 811004694
Description: xxxi, 207 pages : illustrations ; 23 cm
Contents: Increasing concentration and inequality. Class conflict and inequality ; Weakened workers and resurgent capital ; Did concentration increase inequality? --
Theoretical framework. Models on concentration and growth ; The wealth effect ; The debt effect --
Empirical illustration. An overview of the US economy ; Consumption behaviour in the US ; Investment behaviour of US corporations ; Two booms since 1990.
Responsibility: Rohit.
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Abstract:

This volume presents an alternative explanation for the recent financial crisis. The volume provides both a theoretical analysis along with a very convincing empirical substantiation of the root  Read more...

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