03730cam a2200493 a 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.0ta110311s2012 nyu b 001 0 eng  a 20110089417 a0158843702Uk a9780231158428 (cloth : alk. paper) a0231158424 (cloth : alk. paper) a9780231528030qelectronic a0231528035qelectronic a16688118 a(OCoLC)707023034 aDLCcDLCdYDXCPdUKMGBdZCUdBWXdCDXdIADdC#PdBTCTAdDLCbeng aeng apcc14aHB 501bT112r 201200a3321 aTabb, William K14aThe restructuring of capitalism in our time /cWilliam K. Tabb. aNew York :bColumbia University Press,cc2012. aviii, 341 pages ;c24 cm. atextbtxt2rdacontent aunmediatedbn2rdamedia avolumebnc2rdacarrier aIncludes bibliographical references (pages [277]-313) and index.0 aThe centrality of finance -- Financialization and social structures of accumulation -- Realism in financial economics -- The shadow of the financial system -- The coming apart -- Rescue and the limits of reform -- Nations, globalization, and financialization -- The present in history. aActions taken by the United States and other countries during the Great Recession focused on restoring the viability of major financial institutions while guaranteeing debt and stimulating growth. Once the markets stabilized, the United States enacted regulatory reforms that ultimately left basic economic structures unchanged. At the same time, the political class pursued austerity measures to curb the growing national debt. Drawing on the economic theories of Keynes and Minsky and applying them to the modern evolution of American banking and finance, William K. Tabb offers a chilling prediction about future crises and the structural factors inhibiting true reform. Tabb follows the rise of banking practices and financial motives in America over the past thirty years and the simultaneous growth of a shadow industry of hedge funds, private equity firms, and financial innovations such as derivatives. He marks the shift from an American economy based primarily on the production of goods and nonfinancial services to one characterized by financialization, then shows how these developments, perspectives, and approaches not only contributed to the recent financial crisis but also prevented the enactment of effective regulatory reform. He incisively analyzes the damage that increasing unsustainable debt and excessive risk-taking has done to our financial system and expands his critique to a discussion of world systems and globalization. Revealing the willful blind spots of mainstream finance theory, Tabb moves beyond an economic model reliant on debt expansion and dangerous levels of leverage, proposing instead a social structure of accumulation that places economic justice over profit and, more practically, institutes an inclusive, sustainable model for growth 0aCapitalismxPolitical aspects. 4aCapitalismo xAspectos políticos 0aFinancial crises. 4aCrisis financiera 0aFinancexLaw and legislation. 4aFinanzas xLegislación  0aMonetary policy. 4aPolítica monetaria 0aBanks and banking. 4aBancos y banca uhttp://bvbr.bib-bvb.de:8991/F?func=service&doc%5Flibrary=BVB01&doc%5Fnumber=024386428&line%5Fnumber=0001&func%5Fcode=DB%5FRECORDS&service%5Ftype=MEDIAzInhaltsverzeichnis