Economic crises have long occupied an important place in the political economy literature. Political economy approaches to the global crisis can roughly be divided into three. First, there are those that result from the ...

The financialization hypothesis (FH) is a popular leitmotiv which argues that the financial system conquers the commanding heights of the capitalist economy. It maintains that finance gained independence from productive-capital ...

This chapter argues that while the conjunctural and policy-based factors played an important role in the 2008 crisis, the systemic causes of crisis should not be ignored. Prior to the crisis, for example, the United States ...

Özet Yok