The Restructuring of Capitalism in Our Time

The Restructuring of Capitalism in Our Time

Actions 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, and the political class pursued austerity measures to curb the growing national debt. Drawing on the economic theories of Keynes and Minsky… (more)

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Publisher: Columbia University Press (January 03, 2012)

Parent ISBN: 9780231158428

Language: English


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