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Lapavitsas, Costas, ed. (2012) Financialisation in Crisis. Leiden; Boston: Brill. (Historical Materialism Book Series)

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The turmoil of 2007-2009 is a crisis of financialised capitalism, and for this reason it is systemic and unusual. The crisis commenced in the sphere of finance, spread to production, and then became a world recession. Its unusual character is apparent since never before has a global economic crisis been triggered by banks lending to workers to buy houses. Moreover, state intervention to forestall the crisis becoming a major depression has been unprecedented. This book brings together several well-known political economists to analyse the domestic and international aspects of financialisation, thus putting the crisis in its appropriate context. It draws on Marxist and other heterodox economics to cast light on the broader implications of financialisation and crisis for society.

Item Type: Edited Book or Journal Volume
Additional Information: This book has been published in Turkish as Finansallaşma ve kapitalizmin krizi, pp. 1-335, Yordam Kitap: Istanbul, 2009, ISBN: 9786055541019. It has also been published in Spanish as La Crisis de la Financiarisación, pp. 1-396, with Carlos Morera (compilador), CLACSO Ediciones/ Universidad Nacional Autónoma de México:Ciudad Universitaria, Coyoacán, 2011, ISBN: 9786070222436.
SOAS Departments & Centres: Departments and Subunits > Department of Economics
ISBN: 9789004201071
DOI (Digital Object Identifier):
Date Deposited: 29 Apr 2018 08:00

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