000 01202nam a2200181Ia 4500
001 4891
008 250217s9999 xx 000 0 und d
010 _a9781781681411
245 0 _aProfiting Without Producing: How Finance Exploits Us All/
_cCostas Lapavitsas
260 _bVerso;
_c2014
300 _a416p;
_c24x15cm
520 _aFinancialization is one of the most innovative concepts to emerge in the field of political economy in the last three decades, although there is no agreement on what exactly it is. Profiting Without Producing defines financialization in terms of the fundamental conduct of non-financial enterprises, banks and households. Its most prominent feature is the rise of financial profit, in part extracted directly from households through financial expropriation. Financialized capitalism is prone to crises, none greater than the gigantic turmoil that began in 2007. Using abundant empirical data, the book establishes the causes of the crisis and discusses the options broadly available for controlling finance.
546 _aEnglish
650 _aFinance- crisis
_97021
650 _aHG1-9999 Social Sciences- Finance
_97022
650 _aInflation
_97023
942 _cBK
999 _c4891
_d4891