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The Great Financial Crisis - 9781583671849
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Located in: Aldershot, United Kingdom
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eBay item number:314137149492
Item specifics
- Condition
- Book Title
- The Great Financial Crisis
- ISBN
- 9781583671849
- Publication Year
- 2009
- Type
- Textbook
- Format
- Paperback
- Language
- English
- Publication Name
- The Great Financial Crisis: Causes and Consequences
- Item Height
- 203mm
- Publisher
- Monthly Review Press,U.S.
- Item Width
- 157mm
- Subject
- Economics
- Number of Pages
- 160 Pages
About this product
Product Information
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.
Product Identifiers
Publisher
Monthly Review Press,U.S.
ISBN-13
9781583671849
eBay Product ID (ePID)
91285844
Product Key Features
Publication Name
The Great Financial Crisis: Causes and Consequences
Format
Paperback
Language
English
Subject
Economics
Publication Year
2009
Type
Textbook
Number of Pages
160 Pages
Dimensions
Item Height
203mm
Item Width
157mm
Additional Product Features
Country/Region of Manufacture
United States
Item description from the seller
Business seller information
BOOKS ETC LIMITED
Andy Smith
Books Etc, Unit 4
Eastern Road
Aldershot
Hampshire
GU12 4YD
United Kingdom
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