Profiting without producing how finance exploits us all

By:

Lapavitsas, Costas

Material type: Text

TextPublication details: London Verso 2013Description: xvii,393p. 24 cmISBN:

9781781681411

DDC classification:

332 22 LA-P

LOC classification:

HG173 .L37 2013

Summary: "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"--

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Holdings
Item type	Home library	Collection	Shelving location	Call number	Materials specified	Status	Date due	Barcode
Print	OPJGU Sonepat- Campus	General Books	Main Library	332 LA-P (Browse shelf(Opens below))		Available		131494

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Previous	332 HU-R Risk management and financial institutions /	332 JO-F Financial economics	332 JO-M Microstructure of financial markets	332 LA-P Profiting without producing how finance exploits us all	332 MA-I Introduction to project finance an analytical perspective	332 ME-I International money & finance	332 MI- Microfinance and poverty eradication Indian and global experience	Next

"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"--

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