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Capitalizing on Crisis: The Political Origins of the Rise of Finance,Used
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In the context of the recent financial crisis, the extent to which the U.S. economy has become dependent on financial activities has been made abundantly clear. In Capitalizing on Crisis, Greta Krippner traces the longerterm historical evolution that made the rise of finance possible, arguing that this development rested on a broader transformation of the U.S. economy than is suggested by the current preoccupation with financial speculation.Krippner argues that state policies that created conditions conducive to financialization allowed the state to avoid a series of economic, social, and political dilemmas that confronted policymakers as postwar prosperity stalled beginning in the late 1960s and 1970s. In this regard, the financialization of the economy was not a deliberate outcome sought by policymakers, but rather an inadvertent result of the states attempts to solve other problems. The book focuses on deregulation of financial markets during the 1970s and 1980s, encouragement of foreign capital into the U.S. economy in the context of large fiscal imbalances in the early 1980s, and changes in monetary policy following the shift to high interest rates in 1979.Exhaustively researched, the book brings extensive new empirical evidence to bear on debates regarding recent developments in financial markets and the broader turn to the market that has characterized U.S. society over the last several decades.
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- Q: How many pages are in this book? A: This book has two hundred forty pages. It provides an in-depth analysis of the political origins of financialization.
- Q: What are the dimensions of this book? A: The book measures six point fourteen inches in length, zero point six inches in width, and nine point twenty-five inches in height.
- Q: What type of binding does this book have? A: This book is paperback bound. This type of binding is lightweight and flexible, making it convenient for reading.
- Q: Who is the author of this book? A: The author of the book is Greta R. Krippner. She explores the historical evolution of finance in the U.S. economy.
- Q: What genre does this book fall under? A: This book falls under the genre of Economic Conditions. It delves into the political and economic factors influencing financial markets.
- Q: How should I read this book? A: You can read this book at your own pace. It is suitable for anyone interested in economics and political theory.
- Q: Is this book suitable for beginners in economics? A: Yes, this book is suitable for beginners. It presents complex ideas in a way that is accessible to new readers.
- Q: Does this book contain any advanced theories or concepts? A: Yes, the book discusses advanced theories of financialization. It is recommended for readers who have some background in economics.
- Q: What themes are explored in this book? A: The book explores themes of financialization, state policy, and the historical context of economic changes in the U.S.
- Q: How do I store this book to keep it in good condition? A: Store this book in a cool, dry place away from direct sunlight. This will help preserve its condition over time.
- Q: Can I keep it on a bookshelf with other books? A: Yes, you can keep it on a bookshelf. Ensure it is placed upright to avoid bending the cover or spine.
- Q: What if I receive a damaged copy of this book? A: If you receive a damaged copy, you can return it for a replacement or refund. Check the return policy of the seller for details.
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- Q: How do I contact support for issues with this book? A: Contact the seller's customer support for any issues. They can assist with returns or other inquiries.
- Q: Is this book available in other formats? A: This specific listing is for the paperback format. Check with the publisher for availability in other formats like hardcover or digital.
- Q: Does this book discuss current economic events? A: Yes, it relates historical events to current economic conditions. It provides context to understand today's financial landscape.