(The) Great financial crisis: causes and consequences
- 청구기호
- 330.951 GRE2009
- 발행사항
- New York : Monthly Review Press, 2009
- 형태사항
- 280 p
- 서지주기
- Includes bibliographical references and index
- 내용주기
- Preface -- Introduction -- pt. 1. Causes -- 1. The household debt bubble -- 2. The explosion of debt and speculation -- 3. Monopoly-finance capital -- 4. The financialization of capitalism -- pt. 2. Consequences -- 5. The financialization of capital and the crisis -- 6. Back to the real economy -- Notes -- Index
- ISBN
- 9781583671849
- 분류기호
- 듀이십진분류법->330.951
소장정보
위치 | 등록번호 | 청구기호 / 출력 | 상태 | 반납예정일 |
---|---|---|---|---|
이용 가능 (1) | ||||
한국노동연구원 | 00006374 | 대출가능 | - |
- 등록번호
- 00006374
- 상태/반납예정일
- 대출가능
- -
- 위치/청구기호(출력)
- 한국노동연구원
책 소개
In the fall of 2008, the United States was plunged into a financial crisis more severe than any since the Great Depression. As banks collapsed and the state scrambled to organize one of the largest transfers of wealth in history, many--including economists and financial experts--were shocked by the speed at which events unfolded.
In this new book, John Bellamy Foster and Fred Magdoff offer a bold analysis of the financial meltdown, how it developed, and the implications for the future. They examine the specifics of the housing bubble and the credit crunch as well as situate current events within a broader crisis of monopoly-finance capitalism--one that has been gestating for several decades. It is the "real" productive economy's tendency toward stagnation, they argue, that creates a need for capital to find ways to profitably invest its surplus. But rather than invest in socially useful projects that would benefit the vast majority, capital has constructed a financialized "casino" economy that neglects social needs and, as has become increasingly clear, is fatally unstable. Written over a two-year period immediately prior to the onset of the crisis, this timely and illuminating book is necessary reading for all those who wish to understand the current situation, how we got here, and where we are heading.