1st Edition

Beyond Mainstream Explanations of the Financial Crisis Parasitic Finance Capital

By Ismael Hossein-zadeh Copyright 2014
188 Pages 4 B/W Illustrations
by Routledge

188 Pages 4 B/W Illustrations
by Routledge

188 Pages 4 B/W Illustrations
by Routledge

This book provides a critique of the neoclassical explanations of the 2008 financial collapse, of the ensuing long recession and of the neoliberal austerity responses to it. The study argues that while the prevailing views of deregulation and financialization as instrumental culprits in the explosion and implosion of the financial bubble are not false, they fail to point out that... Read more

1. Neoliberal Explanations of the Financial Crisis  2. Keynesian Explanations of the Financial Crisis  3. Specious Theories of Mainstream Economics  4. Evolution and Characteristics of Finance Capital: A new phase, not just another cycle  5. Marxian Views of Financial Crises  6. Debt Cancellation: Learning from Biblical Jubilee  7. The Case for Public Banking  8. Beyond Regulation and Public Banking

Biography

Ismael Hossein-zadeh is Emeritus Professor of Economics at Drake University, USA.