Profiting Without Producing: How Finance Exploits Us All

Profiting Without Producing: How Finance Exploits Us All

Costas Lapavitsas


Financialization is among the so much leading edge strategies to emerge within the box of political financial system over the past 3 many years, even though there isn't any contract on what precisely it really is. Profiting with out Producing places forth a particular view defining financialization when it comes to the basic behavior of non-financial organisations, banks and families. Its such a lot trendy function is the increase of economic revenue, partially extracted from families via monetary expropriation. Financialized capitalism is usually susceptible to crises, none more than the big turmoil that started in 2007. utilizing plentiful empirical info, the ebook establishes the motives of the hindrance and discusses the choices extensively on hand for controlling finance.

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