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The rise and fall of neoliberal capitalism /

"The financial and economic collapse that began in the United States in 2008 and spread to the rest of the world continues to burden the global economy. David Kotz, who was one of the few academic economists to predict it, argues that the ongoing economic crisis is not simply the aftermath of f...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Kotz, David M. (David Michael), 1943- (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Cambridge, Massachusetts : Harvard University Press, 2015.
Temas:
Acceso en línea:Texto completo

MARC

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100 1 |a Kotz, David M.  |q (David Michael),  |d 1943-  |e author. 
245 1 4 |a The rise and fall of neoliberal capitalism /  |c David M. Kotz. 
264 1 |a Cambridge, Massachusetts :  |b Harvard University Press,  |c 2015. 
264 4 |c ©2015 
300 |a 1 online resource (xiii, 270 pages) :  |b illustrations 
336 |a text  |b txt  |2 rdacontent 
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504 |a Includes bibliographical references and index. 
505 0 |a Introduction -- What is neoliberalism? -- The rise of neoliberal capitalism -- How has neoliberal capitalism worked? -- Crisis -- Lessons of history -- Possible future paths. 
520 |a "The financial and economic collapse that began in the United States in 2008 and spread to the rest of the world continues to burden the global economy. David Kotz, who was one of the few academic economists to predict it, argues that the ongoing economic crisis is not simply the aftermath of financial panic and an unusually severe recession but instead is a structural crisis of neoliberal, or free-market, capitalism. Consequently, continuing stagnation cannot be resolved by policy measures alone. It requires major institutional restructuring. Kotz analyzes the reasons for the rise of free-market ideas, policies, and institutions beginning around 1980. He shows how the neoliberal capitalism that resulted was able to produce a series of long although tepid economic expansions, punctuated by relatively brief recessions, as well as a low rate of inflation. This created the impression of a "Great Moderation." However, the very same factors that promoted long expansions and low inflation -- growing inequality, an increasingly risk-seeking financial sector, and a series of large asset bubbles -- were not only objectionable in themselves but also put the economy on an unsustainable trajectory. Kotz interprets the current push for austerity as an attempt to deepen and preserve neoliberal capitalism. However, both economic theory and history suggest that neither austerity measures nor other policy adjustments can bring another period of stable economic expansion. Kotz considers several possible directions of economic restructuring, concluding that significant economic change is likely in the years ahead"--Publisher's description. 
546 |a In English. 
588 0 |a Print version record. 
590 |a JSTOR  |b Books at JSTOR Demand Driven Acquisitions (DDA) 
590 |a JSTOR  |b Books at JSTOR All Purchased 
650 0 |a Neoliberalism. 
650 0 |a Capitalism. 
651 0 |a United States  |x Economic policy  |y 1945- 
650 6 |a Néo-libéralisme. 
650 7 |a BUSINESS & ECONOMICS  |x Economics  |x General.  |2 bisacsh 
650 7 |a BUSINESS & ECONOMICS  |x Reference.  |2 bisacsh 
650 7 |a POLITICAL SCIENCE  |x Public Policy  |x Economic Policy.  |2 bisacsh 
650 7 |a Capitalism  |2 fast 
650 7 |a Economic policy  |2 fast 
650 7 |a Neoliberalism  |2 fast 
651 7 |a United States  |2 fast 
648 7 |a Since 1945  |2 fast 
776 0 8 |i Print version:  |a Kotz, David M. (David Michael), 1943-  |t Rise and fall of neoliberal capitalism.  |d Cambridge, Massachusetts : Harvard University Press, 2015  |z 9780674725652  |w (DLC) 2014017153  |w (OCoLC)879538890 
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