The Rise and Fall of Neoliberal Capitalism

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9780674725652: The Rise and Fall of Neoliberal Capitalism

The financial and economic collapse that began in the United States in 2008 and spread to the rest of the world continues to burden the global economy. David Kotz, who was one of the few academic economists to predict it, argues that the ongoing economic crisis is not simply the aftermath of financial panic and an unusually severe recession but instead is a structural crisis of neoliberal, or free-market, capitalism. Consequently, continuing stagnation cannot be resolved by policy measures alone. It requires major institutional restructuring. Kotz analyzes the reasons for the rise of free-market ideas, policies, and institutions beginning around 1980. He shows how the neoliberal capitalism that resulted was able to produce a series of long although tepid economic expansions, punctuated by relatively brief recessions, as well as a low rate of inflation. This created the impression of a Great Moderation. However, the very same factors that promoted long expansions and low inflation growing inequality, an increasingly risk-seeking financial sector, and a series of large asset bubbles were not only objectionable in themselves but also put the economy on an unsustainable trajectory. Kotz interprets the current push for austerity as an attempt to deepen and preserve neoliberal capitalism. However, both economic theory and history suggest that neither austerity measures nor other policy adjustments can bring another period of stable economic expansion. Kotz considers several possible directions of economic restructuring, concluding that significant economic change is likely in the years ahead."

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Kotz, David M.
Editore: Harvard Univ. Press, Cambridge (2015)
ISBN 10: 0674725654 ISBN 13: 9780674725652
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Descrizione libro Harvard Univ. Press, Cambridge, 2015. Hardcover. Condizione libro: New. Condizione sovraccoperta: New. 270pp. Size: 8vo - over 7¾" - 9¾". Codice libro della libreria 076050

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Kotz, David M.
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Descrizione libro Condizione libro: New. Codice libro della libreria 21177286-n

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David M. Kotz
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ISBN 10: 0674725654 ISBN 13: 9780674725652
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Descrizione libro HARVARD UNIVERSITY PRESS, United States, 2015. Hardback. Condizione libro: New. 231 x 163 mm. Language: English . Brand New Book. The financial and economic collapse that began in the United States in 2008 and spread to the rest of the world continues to burden the global economy. David Kotz, who was one of the few academic economists to predict it, argues that the ongoing economic crisis is not simply the aftermath of financial panic and an unusually severe recession but instead is a structural crisis of neoliberal, or free-market, capitalism. Consequently, continuing stagnation cannot be resolved by policy measures alone. It requires major institutional restructuring. Kotz analyzes the reasons for the rise of free-market ideas, policies, and institutions beginning around 1980. He shows how the neoliberal capitalism that resulted was able to produce a series of long although tepid economic expansions, punctuated by relatively brief recessions, as well as a low rate of inflation. This created the impression of a Great Moderation. However, the very same factors that promoted long expansions and low inflation--growing inequality, an increasingly risk-seeking financial sector, and a series of large asset bubbles--were not only objectionable in themselves but also put the economy on an unsustainable trajectory. Kotz interprets the current push for austerity as an attempt to deepen and preserve neoliberal capitalism. However, both economic theory and history suggest that neither austerity measures nor other policy adjustments can bring another period of stable economic expansion. Kotz considers several possible directions of economic restructuring, concluding that significant economic change is likely in the years ahead. Codice libro della libreria AAU9780674725652

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David M. Kotz
Editore: HARVARD UNIVERSITY PRESS, United States (2015)
ISBN 10: 0674725654 ISBN 13: 9780674725652
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Descrizione libro HARVARD UNIVERSITY PRESS, United States, 2015. Hardback. Condizione libro: New. 231 x 163 mm. Language: English . Brand New Book. The financial and economic collapse that began in the United States in 2008 and spread to the rest of the world continues to burden the global economy. David Kotz, who was one of the few academic economists to predict it, argues that the ongoing economic crisis is not simply the aftermath of financial panic and an unusually severe recession but instead is a structural crisis of neoliberal, or free-market, capitalism. Consequently, continuing stagnation cannot be resolved by policy measures alone. It requires major institutional restructuring. Kotz analyzes the reasons for the rise of free-market ideas, policies, and institutions beginning around 1980. He shows how the neoliberal capitalism that resulted was able to produce a series of long although tepid economic expansions, punctuated by relatively brief recessions, as well as a low rate of inflation. This created the impression of a Great Moderation. However, the very same factors that promoted long expansions and low inflation--growing inequality, an increasingly risk-seeking financial sector, and a series of large asset bubbles--were not only objectionable in themselves but also put the economy on an unsustainable trajectory. Kotz interprets the current push for austerity as an attempt to deepen and preserve neoliberal capitalism. However, both economic theory and history suggest that neither austerity measures nor other policy adjustments can bring another period of stable economic expansion. Kotz considers several possible directions of economic restructuring, concluding that significant economic change is likely in the years ahead. Codice libro della libreria AAU9780674725652

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David M. Kotz
ISBN 10: 0674725654 ISBN 13: 9780674725652
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Descrizione libro Hardback. Condizione libro: New. Not Signed; The financial and economic collapse that began in the United States in 2008 and spread to the rest of the world continues to burden the global economy. David Kotz, who was one of the few academic economists to predict it, argues that the ongoing economic crisis is not simply the aftermath of financi. book. Codice libro della libreria ria9780674725652_rkm

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David M. Kotz
Editore: Harvard University Press
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Descrizione libro Harvard University Press. Hardback. Condizione libro: new. BRAND NEW, The Rise and Fall of Neoliberal Capitalism, David M. Kotz, The financial and economic collapse that began in the United States in 2008 and spread to the rest of the world continues to burden the global economy. David Kotz, who was one of the few academic economists to predict it, argues that the ongoing economic crisis is not simply the aftermath of financial panic and an unusually severe recession but instead is a structural crisis of neoliberal, or free-market, capitalism. Consequently, continuing stagnation cannot be resolved by policy measures alone. It requires major institutional restructuring. Kotz analyzes the reasons for the rise of free-market ideas, policies, and institutions beginning around 1980. He shows how the neoliberal capitalism that resulted was able to produce a series of long although tepid economic expansions, punctuated by relatively brief recessions, as well as a low rate of inflation. This created the impression of a Great Moderation. However, the very same factors that promoted long expansions and low inflation growing inequality, an increasingly risk-seeking financial sector, and a series of large asset bubbles were not only objectionable in themselves but also put the economy on an unsustainable trajectory. Kotz interprets the current push for austerity as an attempt to deepen and preserve neoliberal capitalism. However, both economic theory and history suggest that neither austerity measures nor other policy adjustments can bring another period of stable economic expansion. Kotz considers several possible directions of economic restructuring, concluding that significant economic change is likely in the years ahead.". Codice libro della libreria B9780674725652

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Kotz, David M.
Editore: Harvard University Press (2015)
ISBN 10: 0674725654 ISBN 13: 9780674725652
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Descrizione libro Harvard University Press, 2015. Condizione libro: New. The collapse that began in 2008 continues to burden the world economy. David Kotz, one of the few academic economists to predict it, argues that the ongoing crisis is not simply the aftermath of financial panic and severe recession but is a structural crisis of neoliberal capitalism whose resolution will require major institutional restructuring. Num Pages: 280 pages, illustrations. BIC Classification: JPQB; KCB; KCP. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly. Dimension: 246 x 163 x 27. Weight in Grams: 548. . 2015. 1st. Hardcover. . . . . . Codice libro della libreria V9780674725652

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Kotz, David M.
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Descrizione libro Condizione libro: New. Depending on your location, this item may ship from the US or UK. Codice libro della libreria 97806747256520000000

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David M. Kotz
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Descrizione libro Harvard University Press, 2015. HRD. Condizione libro: New. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Codice libro della libreria WH-9780674725652

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Kotz, David M.
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ISBN 10: 0674725654 ISBN 13: 9780674725652
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Descrizione libro Harvard Univ Press. Condizione libro: BRAND NEW. BRAND NEW Hardcover A Brand New Quality Book from a Full-Time Bookshop in business since 1992!. Codice libro della libreria 2363706

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