Financialization of the Economy, Business, and Household Inequality in the United States - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Financialization of the Economy, Business, and Household Inequality in the United States write by Kurt Mettenheim. This book was released on 2021-11-17. Financialization of the Economy, Business, and Household Inequality in the United States available in PDF, EPUB and Kindle. This second volume on the political and social economy of financialization in the US focuses on the consequences of the rise of finance for the American macroeconomy, household inequality, and the management of nonfinancial business enterprises. A historical–institutional balance-sheet approach to long-term trends and recent change in the US reveals a series of anomalies and provisos for critical, heterodox, and mainstream economic approaches and provides new perspectives on debates about political economic change in advanced economies since the 2007–2008 financial crisis. This book marks a significant contribution to the literature on financialization and studies in social economics, household economics, the structure and management of nonfinancial business enterprises, and American political economy.
Divested
Divested - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Divested write by Ken-Hou Lin. This book was released on 2020-01-06. Divested available in PDF, EPUB and Kindle. Finance is an inescapable part of American life. From how one pursues an education, buys a home, runs a business, or saves for retirement, finance orders the lives of ordinary Americans. And as finance continues to expand, inequality soars. In Divested, Ken-Hou Lin and Megan Tobias Neely demonstrate why widening inequality cannot be understood without examining the rise of big finance. The growth of the financial sector has dramatically transformed the American economy by redistributing resources from workers and families into the hands of owners, executives, and financial professionals. The average American is now divested from a world driven by the maximization of financial profit. Lin and Neely provide systematic evidence to document how the ascendance of finance on Wall Street, Main Street, and among households is a fundamental cause of economic inequality. They argue that finance has reshaped the economy in three important ways. First, the financial sector extracts resources from the economy at large without providing economic benefits to those outside the financial services industry. Second, firms in other economic sectors have become increasingly involved in lending and investing, which weakens the demand for labor and the bargaining power of workers. And third, the escalating consumption of financial products by households shifts risks and uncertainties once shouldered by unions, corporations, and governments onto families. A clear, comprehensive, and convincing account of the forces driving economic inequality in America, Divested warns us that the most damaging consequence of the expanding financial system is not simply recurrent financial crises but a widening social divide between the have and have-nots.
Financialization and the Economy
Financialization and the Economy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Financialization and the Economy write by Agata Gemzik-Salwach. This book was released on 2017-07-14. Financialization and the Economy available in PDF, EPUB and Kindle. There can be no doubt that the influence of the financial sphere has intensified rapidly in recent years, but there is much debate about the effect of that influence. The aftermath of the Financial Crisis has led to numerous discussions of the phenomenon of so-called financialization: the increasing impact of financial institutions on the activity of all business entities; emerging threats related with dynamically developing financial markets and the growing importance of financial themes. In light of these issues, which appear in all economies and touch all entities and every area of economic activity, there is a need for a summary and evaluation of the role of financialization in the world today. This monograph presents the role of financialization in the modern world. It shows positive as well as negative effects of financialization on the stability of the whole economy, the functioning of different types of markets, activity of enterprises, state institutions and behaviours of households. Written by expert contributors, this book plays an important role in the debate concerning future directions of development of the financial sector and financial markets. Financialization and the Economy is of great importance to those who study political economy, macroeconomics and banking.
Divested
Divested - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Divested write by Ken-Hou Lin. This book was released on 2020. Divested available in PDF, EPUB and Kindle. 'Divested' documents how the ascendance of finance on Wall Street, Main Street, and in households is a fundamental cause of economic inequality in the United States. This wide-ranging and comprehensive account demonstrates the many ways financial sector has reshaped the economy, leaving the average American adrift in a world driven by the logic of finance and the maximisation of profit.
Financialization and the US Economy
Financialization and the US Economy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Financialization and the US Economy write by È Orhangazi. This book was released on 2008-01-01. Financialization and the US Economy available in PDF, EPUB and Kindle. Profound transformations have taken place both in the US and the global economy, most especially in the realm of finance. This title brings together a comprehensive analysis of financialization in the US economy that encompasses historical, theoretical, and empirical sides of the issues.
