Lapavitsas Costas - Profiting Without Producing How Finance Exploits Us All - Paperback

Binding: Paperback
Description: 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.
Title: Profiting Without Producing How Finance Exploits Us All
Author(s): Lapavitsas Costas
Publisher: Verso Books
Barcode: 9781781681411
Pages: 352 Pages
Publication Date: 1/14/2014
Category: Finance