Political Economy of Financialization 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 Political Economy of Financialization in the United States write by Kurt Mettenheim. This book was released on 2021-09-23. Political Economy of Financialization in the United States available in PDF, EPUB and Kindle. Combining balance sheet analysis with historical institutional analysis, this book traces the evolution of social sector financial balance sheets in the US from 1960 to 2018. This innovative historical-institutional approach, ranging from the micro level of households to the macro level of the federal government, reveals that the displacement of households by banks has been a long-term process. This gradual compounding of financialization is at odds with widely accepted views about financialization, contemporary banking theory, financial intermediation theory, and post-Keynesian and endogenous money approaches. The book returns to time-tested traditional principles of banking and taps unexpected affinities about market failures in transaction cost economics, financial intermediation theory, and core ideas in classic modern political and social economy about economic moralities and social reactions of self-defense against unfettered markets. This book provides an alternative explanation for the rise of finance and new ways to think about averting financialization and its devastating consequences. This book marks a significant contribution to the literature on financialization, social economics, banking, and the American political economy.
Political Economy of Financialization in the United States
Political Economy of Financialization 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 Political Economy of Financialization in the United States write by Kurt Mettenheim. This book was released on 2021-09-23. Political Economy of Financialization in the United States available in PDF, EPUB and Kindle. Combining balance sheet analysis with historical institutional analysis, this book traces the evolution of social sector financial balance sheets in the US from 1960 to 2018. This innovative historical-institutional approach, ranging from the micro level of households to the macro level of the federal government, reveals that the displacement of households by banks has been a long-term process. This gradual compounding of financialization is at odds with widely accepted views about financialization, contemporary banking theory, financial intermediation theory, and post-Keynesian and endogenous money approaches. The book returns to time-tested traditional principles of banking and taps unexpected affinities about market failures in transaction cost economics, financial intermediation theory, and core ideas in classic modern political and social economy about economic moralities and social reactions of self-defense against unfettered markets. This book provides an alternative explanation for the rise of finance and new ways to think about averting financialization and its devastating consequences. This book marks a significant contribution to the literature on financialization, social economics, banking, and the American political economy.
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.
The Financialization of Housing
The Financialization of Housing - 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 The Financialization of Housing write by Manuel B. Aalbers. This book was released on 2016-05-05. The Financialization of Housing available in PDF, EPUB and Kindle. Due to the financialization of housing in today’s market, housing risks are increasingly becoming financial risks. Financialization refers to the increasing dominance of financial actors, markets, practices, measurements and narratives. It also refers to the resulting structural transformation of economies, firms, states and households. This book asserts the centrality of housing to the contemporary capitalist political economy and places housing at the centre of the financialization debate. A global wall of money is looking for High-Quality Collateral (HQC) investments, and housing is one of the few asset classes considered HQC. This explains why housing is increasingly becoming financialized, but it does not explain its timing, politics and geography. Presenting a diverse range of case studies from the US, the UK, the Netherlands, Germany, Italy and Spain, the chapters in this book include coverage of the role of the state as the driver of financialization processes, and the part played by local and national histories and institutions. This cutting edge volume will pave the way for future research in the area. Where housing used to be something "local" or "national", the two-way coupling of housing to finance has been one crucial element in the recent crisis. It is time to reconsider the financialization of both homeownership and social housing. This book will be of interest to those who study international economics, economic geography and financialization.
The Political Economy of Housing Financialization
The Political Economy of Housing Financialization - 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 The Political Economy of Housing Financialization write by Gregory W. Fuller. This book was released on 2019. The Political Economy of Housing Financialization available in PDF, EPUB and Kindle.
