Description
| Product ID: | 9781781681411 |
| Product Form: | Paperback / softback |
| Country of Manufacture: | GB |
| Title: | Profiting Without Producing |
| Subtitle: | How Finance Exploits Us All |
| Authors: | Author: Costas Lapavitsas |
| Page Count: | 352 |
| Subjects: | Political economy, Political economy, Economic and financial crises and disasters, Finance and the finance industry, Economic & financial crises & disasters, Finance |
| Description: | Select Guide Rating A meticulous analysis of the financialization practices that were behind the economic crisis. Financialization is one of the most innovative concepts to emerge in the field of political economy during the last three decades, although there is no agreement on what exactly it is. Profiting Without Producing puts forth a distinctive view defining 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 from households through financial expropriation. Financialized capitalism is also 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. |
| Imprint Name: | Verso Books |
| Publisher Name: | Verso Books |
| Country of Publication: | GB |
| Publishing Date: | 2013-11-05 |
