1st Edition

Inequality in Financial Capitalism

By Pasquale Tridico Copyright 2017
252 Pages 102 B/W Illustrations
by Routledge

252 Pages 102 B/W Illustrations
by Routledge

252 Pages 102 B/W Illustrations
by Routledge

Recently, the issue of inequality has regained attention in the economic and political debate. This is due to both an increase in income inequality, in particular among rich countries, and an increasing interest in this issue by researchers and politicians. In the last three decades, income inequality among rich countries increased. This period also witnessed the growth of "financial capitalism",... Read more

Introduction: income inequality, labour market and uneven development during financial capitalism

Part I Definitions, approaches and origins of income inequality

1. Theories, methods and varieties of inequality

2. The determinants of income inequality in rich countries

3. Welfare capitalism versus financial capitalism during globalisation

Part II Financialisation and financial crisis: policies and empirical evidences

4. The foundation of the financial crisis: inequality and labour flexibility

5. Varieties of capitalism, regulations and responses to the financial crisis: the European social model versus the US model

6. Economic policies and growth strategies after the crisis: different approaches in the US, Japan and the EU

7. Why some countries performed better than others during the initial phase of the crisis

8. Global imbalances and declining hegemony: looking for a new paradigm after the financial crisis

9. Conclusion

Biography

Pasquale Tridico is a professor at the Roma Tre University in Rome, Italy. He is director of the two-year master’s degree in labour market, industrial relations and welfare systems and director of the master’s in human development and food security. He is lecturer of labour economics and economic policy, and is the Jean Monnet Chair of Economic Growth and Welfare Systems. He is also general secretary of the European Association for Evolutionary Political Economy (EAEPE).