1st Edition

A History of Financialization Inequality, Debt and Crisis from Liberalism to Neoliberalism

By Lars Ahnland Copyright 2026
130 Pages 15 B/W Illustrations
by Routledge

130 Pages 15 B/W Illustrations
by Routledge

Analyzing long-cycle patterns during the twentieth century, this book presents novel findings on how core features of financialization are interconnected across advanced economies. It proposes that, since the late nineteenth century, international macroeconomic policy regimes have favored either capital or labor, giving rise to corresponding cycles of financialization and de-financialization: a... Read more

Lists of figures

List of tables

Acknowledgments

List of abbreviations

Introduction

PART I: FRAMEWORK

 1. Economic theory

 2. Historiography

 3. Methodology

PART II: CYCLES OF FINANCIALIZATION

 4. Liberal financialization

 5. Regulated de-financialization

 6. Neoliberal financialization

Conclusions

Data appendix

Index

Biography

Lars Ahnland has a PhD in Economic history at Stockholm University, where he holds a tenured position as a teacher and researcher, as well as a temporary position as director of undergraduate studies, including for the Bachelor's program in Global Political Economy in a Historical Perspective. His research is within the fields of financial history, political economy, and applied econometrics. Apart from the current book, most of his research is in a Swedish context. Before being a researcher, he worked as a business journalist, with experience from reporting during the dot.com bubble and -bust, and the subprime bubble and bust.