Description - Capital Resurgent by Gerard Dumenil
The cluster of neoliberal policies - including privatisation, liberalisation of world trade, and reduction in state welfare benefits - is an expression of the power of finance in the world economy. The sequence of events initiated by neoliberalism was not unprecedented. In the late nineteenth century, when economic conditions were similar to those of the 1970s, a structural crisis led to the first financial hegemony culminating in the speculative boom of the late 1920s. The authors argue persuasively for stabilising the world economy before we run headlong into another economic disaster.
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(235mm x 155mm x 19mm)
Harvard University Press
Publisher: Harvard University Press
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Book Reviews - Capital Resurgent by Gerard Dumenil
Author Biography - Gerard Dumenil
Gerard Dumenil is a Director of Research at the Centre National de la Recherche Scientifique, Paris. Dominique Levy is a Director of Research at the Centre National de la Recherche Scientifique, Paris.