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Beyond Mainstream Explanations of the Financial Crisis: Parasitic Finance Capital (Routledge Frontiers of Political Economy)

Ismael Hossein-zadeh




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 | #2207390 in eBooks |  2014-04-16 |  2014-04-16 | File type: PDF

||1 of 2 people found the following review helpful.| Four Stars|By Alfred J Kottman|Clearly exposes the confusion of recent economic thinking.|17 of 18 people found the following review helpful.| Review of Hossein-zadeh, Ismael. 2014. Beyond Mainstream Explanations of the Financial Crisis: Parasitic Finance Capital.|By Isaac Christiansen|Hossein-zadeh, Ismael. 2014. Beyond Mains|About the Author||Ismael Hossein-zadeh is Emeritus Professor of Economics at Drake University, USA.

This book provides a critique of the neoclassical explanations of the 2008 financial collapse, of the ensuing long recession and of the neoliberal austerity responses to it.


The study argues that while the prevailing views of deregulation and financialization as instrumental culprits in the explosion and implosion of the financial bubble are not false, they fail to point out that financialization is essentially an indication of an advanced stage of capita...

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