Financialization of the Economy, Business, and Household Inequality in the United States

A Historical–Institutional Balance-Sheet Approach

Olivier Butzbach author Kurt Mettenheim author

Format:Paperback

Publisher:Taylor & Francis Ltd

Published:31st May '23

£39.99

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Financialization of the Economy, Business, and Household Inequality in the United States cover

This second volume on the political and social economy of financialization in the US focuses on the consequences of the rise of finance for the American macroeconomy, household inequality, and the management of nonfinancial business enterprises.

A historical–institutional balance-sheet approach to long-term trends and recent change in the US reveals a series of anomalies and provisos for critical, heterodox, and mainstream economic approaches and provides new perspectives on debates about political economic change in advanced economies since the 2007–2008 financial crisis.

This book marks a significant contribution to the literature on financialization and studies in social economics, household economics, the structure and management of nonfinancial business enterprises, and American political economy.

"A massive and remarkable achievement. The historical institutional analysis of trends in sectoral balance sheets is backed by endlessly fascinating tables and figures. The central claim about the ideological and real impact of finance is highly relevant to the study of American and comparative political economy. The two volumes provide important insights into patterns of continuity and change in American economics and politics since the financial crisis of 2007-8."

Jeffry Frieden, Harvard University Department of Government

ISBN: 9781032121543

Dimensions: unknown

Weight: 249g

156 pages