The Fall and Rise of American Finance

from J.P. Morgan to Blackrock

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Beschreibung

<i>The Fall and Rise of American Finance</i> traces the collapse and reconstitution of American financial power from the disintegration of robber baron J. P. Morgan’s vast empire to the rise of finance behemoth BlackRock. Contrary to what is taken for common sense by figures from Hillary Clinton to Bernie Sanders, Maher and Aquanno insist that financialization did not imply the hollowing out of the "real" economy or the retreat of the state. Rather, it served to intensify competitive discipline to maximize efficiency, profits, and the exploitation of labor—with the support of an increasingly authoritarian state.

Artikeldetails

EAN

9781839765261

Sprache

Englisch

Einband / Art

Taschenbuch

Maße

230 x 151 x 21 mm

Erscheinungsjahr

2024

Verlag / Hersteller

Verso Books