Financialization in Crisis

Financialization in Crisis

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Edited by Costas Lapavitsas

The ongoing economic crisis commenced in the sphere of finance, spread to production, and then became a world recession. In this important and timely volume several well-known political economists draw on the insights of Marxist and other heterodox economics to argue that the turmoil of 2007-2009 represents a crisis of financialised capitalism, and is thus systemic.