TITLE: A POLITICAL ECONOMY OF CONTEMPORARY CAPITALISM AND
ITS CRISIS: DEMYSTIFYING FINANCE
PUBLISHER: ROUTLEDGE LANGUAGE: ENGLISH
LINK: http://is.gd/jgKhL8 RELEASE TYPE: RETAIL
FORMAT: PDF RELEASE DATE: 2015.01.19
ISBN: 9780415684088 STORE DATE: 2013
SAVED.MONEY: 131 DOLLAR DISKCOUNT: 01 x 05MB
AUTHOR: DIMITRIS P. SOTIROPOULOS, JOHN MILIOS
SPYROS LAPATSIORAS

BOOK

The recent financial meltdown and the resulting global recession
have rekindled debates regarding the nature of contemporary
capitalism. This book analyses the ongoing financialization of
the economy as a development within capitalism, and explores the
ways in which it has changed the organization of capitalist
power. The authors offer an interpretation of the role of the
financial sphere which displays a striking contrast to the
majority of contemporary heterodox approaches. Their
interpretation stresses the crucial role of financial derivatives
in the contemporary organization of capitalist power relations
arguing that the process of financialization is in fact entirely
unthinkable in the absence of derivatives. The book also uses
Marx's concepts and some of the arguments developed in the
framework of the historic Marxist controversies on economic
crises in order to gain an insight into the modern neoliberal
form of capitalism and the recent financial crisis. Employing a
series of international case studies, this book will be essential
reading for all those with an interest in the financial crisis
and all those seeking to comprehend the workings of capitalism