The death of capital : how creative policy can restore stability / Michael E. Lewitt.
Material type: TextSeries: Wiley Global Finance Executive SelectPublication details: Hoboken, N.J. : John Wiley & Sons, ©2010.Description: 1 online resource (ix, 292 pages) : illustrationsContent type:- text
- computer
- online resource
- 9780470621165
- 0470621168
- 9780470622353
- 0470622350
- 1282548425
- 9781282548428
- 9781118006511
- 1118006518
- 332/.041 22
- HB501 .L4125 2010eb
Item type | Home library | Collection | Call number | Materials specified | Status | Date due | Barcode | |
---|---|---|---|---|---|---|---|---|
Electronic-Books | OPJGU Sonepat- Campus | E-Books EBSCO | Available |
Includes bibliographical references and index.
Introduction: the 2008 crisis : tragedy or farce? -- The death of capital -- Capital ideas -- Empty promises -- Financialization -- From innovators to undertakers -- Welcome to Jurassic Park -- The road to hell -- Finance after Armageddon -- Conclusion: "This is later."
Print version record.
In The Death of Capital, respected portfolio manager and longtime investment professional Michael Lewitt looks at how the U.S. economy has increasingly been dominated by short-term speculation rather than industrial expansion in recent years. These disastrous trends, described here as financialization, ignore the fact that capital itself is a highly unstable process rather than a fixed object or category. As a result of our failure to understand the true nature of capital, we have developed a financial and regulatory system that does exactly the opposite of what it should be doing.
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