Things Fall Apart (ePub)
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The crash exposed criminal swindles and the more rampant risky practices that have become the norm with the major banks. It has also revealed the failure of policy to curb unbridled risk taking with other people’s money and the failure of policy-makers and economists to see the signs of the inevitable collapse.
This book goes further to penetrate the fog of finance and explore the structure and balance of class forces that led to the crisis and its unfolding consequences. The author places the crisis in both historical and global perspectives through comparisons with the Great Depression and the focus on elaborating the role of the hegemony of the dollar over the international financial system. She argues that the crisis is as much a crisis of the neoliberal model of accumulation that finance launched as it is of the mechanisms by which dollar hegemony was preserved.
This book provides an accessible point of entry to the literature on the crisis and its aftermath. It lays out a rich empirically grounded analysis of both the structural causes and the continuing repercussions of the crash of financial markets in 2008.
Ramaa Vasudevan is an Associate Professor at the Department of Economics, Colorado State University. She earlier held a visiting position at Barnard College, Columbia University. Before embarking on a PhD on Trade Finance and Uneven Development at the New School of Social Research, she also taught for many years at PGDAV College at Delhi University.
While her earlier research in India studied the transformation of labor markets in the colonial agrarian economy (a case study of two districts in Eastern UP), she is now focused on exploring the political economy of money and finance. She has written numerous articles in various journals including the Cambridge Journal of Economics, Review of Radical Political Economics, Monthly Review, and Economic and Political Weekly and has contributed chapters in Global Economic and Financial Crisis: Essays from Economic and Political Weekly and Globalization and Development: A Handbook of New Perspectives.
- Autor: Ramaa Vasudevan
- 2013, 244 Seiten, Englisch
- Verlag: Sage Publications
- ISBN-10: 8132117689
- ISBN-13: 9788132117681
- Erscheinungsdatum: 30.06.2013
Abhängig von Bildschirmgröße und eingestellter Schriftgröße kann die Seitenzahl auf Ihrem Lesegerät variieren.
- Dateiformat: ePub
- Größe: 1.32 MB
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