The death of capital : how creative policy can restore stability / Michael E. Lewitt.

By:

Lewitt, Michael E

Material type: Text

text

Media type:

computer

Carrier type:

online resource

ISBN:

9780470621165
0470621168
9780470622353
0470622350
1282548425
9781282548428
9781118006511
1118006518

Subject(s):

Genre/Form:

Additional physical formats: Print version:: Death of capital.DDC classification:

332/.041 22

LOC classification:

HB501 .L4125 2010eb

Online resources:

Click here to access online

Contents:

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."

Summary: 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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Holdings
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.

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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