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Cover image for The restructuring of capitalism in our time
Title:
The restructuring of capitalism in our time
Author:
Tabb, William K.
ISBN:
9780231528030
Publication Information:
New York : Columbia University Press, ©2012.
Physical Description:
1 online resource (viii, 341 pages)
Abstract:
Actions taken by the United States and other countries during the Great Recession focused on restoring the viability of major financial institutions while guaranteeing debt and stimulating growth. Once the markets stabilized, the United States enacted regulatory reforms that ultimately left basic economic structures unchanged, and the political class pursued austerity measures to curb the growing national debt. Drawing on the economic theories of Keynes and Minsky and applying them to the evolution of American banking and finance, William K. Tabb offers a chilling prediction about future.
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