Financialization in Crisis
, by Lapavitsas, Costas- ISBN: 9781608462377 | 1608462374
- Cover: Paperback
- Copyright: 8/13/2013
The ongoing economic crisis commenced in the sphere of finance, spread to production, and then became a world recession. In this important and timely volume several well-known political economists draw on the insights of Marxist and other heterodox economics to argue that the turmoil of 2007-2009 represents a crisis of financialised capitalism, and is thus systemic.