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Books > Law > Laws of other jurisdictions & general law > Financial, taxation, commercial, industrial law > Financial law
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Lawless Capitalism - The Subprime Crisis and the Case for an Economic Rule of Law (Hardcover)
Loot Price: R2,544
Discovery Miles 25 440
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Lawless Capitalism - The Subprime Crisis and the Case for an Economic Rule of Law (Hardcover)
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In this innovative and exhaustive study, Steven A. Ramirez posits
that the subprime mortgage crisis, as well as the global
macroeconomic catastrophe it spawned, is traceable to a gross
failure of law. The rule of law must appropriately channel and
constrain the exercise of economic and political power. Used
effectively, it ensures that economic opportunity isn't limited to
a small group of elites that enjoy growth at the expense of many,
particularly those in vulnerable economic situations. In Lawless
Capitalism, Ramirez calls for the rule of law to displace crony
capitalism. Only through the rule of law, he argues, can capitalism
be reconstructed.
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