Things Fall Apart: From the Crash of 2008 to the Great Slump (Hardback)Ramaa Vasudevan (author)
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The crash exposed criminal swindles and the more rampant risky practices that have become the norm with the major banks. It has also revealed the failure of policy to curb unbridled risk taking with other people's money and the failure of policy-makers and economists to see the signs of the inevitable collapse.
This book goes further to penetrate the fog of finance and explore the structure and balance of class forces that led to the crisis and its unfolding consequences. The author places the crisis in both historical and global perspectives through comparisons with the Great Depression and the focus on elaborating the role of the hegemony of the dollar over the international financial system. She argues that the crisis is as much a crisis of the neoliberal model of accumulation that finance launched as it is of the mechanisms by which dollar hegemony was preserved.
This book provides an accessible point of entry to the literature on the crisis and its aftermath. It lays out a rich empirically grounded analysis of both the structural causes and the continuing repercussions of the crash of financial markets in 2008.
Publisher: SAGE Publications India Pvt Ltd
Number of pages: 252
Weight: 410 g
Dimensions: 215 x 139 x 20 mm
An accessible, engaging and comprehensive discussion of the structural roots of crash of 2008 and its aftermath...historical and political perspective, rich economic analysis and empirical grounding are the strengths of this book, lively and literary style stays throughout the book.... A very welcome effort in more ways than one.-- Economic & Political weekly, Vol 49, 8 March 2014
A very welcome effort...it is a book that needs to be read not just by our S&T policy developers and administrators, but also civilian industry leaders and government policy makers as also their defence counterparts.-- South Asian Economic Journal
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