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This second volume on the political and social economy of
financialization in the US focuses on the consequences of the rise
of finance for the American macroeconomy, household inequality, and
the management of nonfinancial business enterprises. A
historical-institutional balance-sheet approach to long-term trends
and recent change in the US reveals a series of anomalies and
provisos for critical, heterodox, and mainstream economic
approaches and provides new perspectives on debates about political
economic change in advanced economies since the 2007-2008 financial
crisis. This book marks a significant contribution to the
literature on financialization and studies in social economics,
household economics, the structure and management of nonfinancial
business enterprises, and American political economy.
The recent banking crisis has brought into question the business
model used by most large banks. This collection of essays explores
the success of 'alternative banks' - savings banks, cooperative
banks and development banks, using case studies from around the
world and discussion of both the historical and theoretical context
of banking practices.
The recent banking crisis has brought into question the business
model used by most large banks. This collection of essays explores
the success of 'alternative banks' - savings banks, cooperative
banks, and development banks, using case studies from around the
world and discussion of both the historical and theoretical context
of banking practices.
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