Finance, Accumulation and Monetary Power: Understanding Financial Socialism in Advanced Capitalist Economies

Author:   Daniel Woodley
Publisher:   Taylor & Francis Ltd
ISBN:  

9780367338558


Pages:   246
Publication Date:   12 November 2019
Format:   Hardback
Availability:   In Print   Availability explained
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Finance, Accumulation and Monetary Power: Understanding Financial Socialism in Advanced Capitalist Economies


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Full Product Details

Author:   Daniel Woodley
Publisher:   Taylor & Francis Ltd
Imprint:   Routledge
Weight:   0.518kg
ISBN:  

9780367338558


ISBN 10:   0367338556
Pages:   246
Publication Date:   12 November 2019
Audience:   College/higher education ,  Professional and scholarly ,  Tertiary & Higher Education ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

Part I: Theorizing the crisis 1. The failure of neoclassical economics 2. Heterodox aproaches to capitalist crisis 3. Critical value theory Part II: Financial socialism 4. Accumulation and monetary power in postliberal capitalism 5. Postliberal capitalism 6. Monetary internationalism 7. Conclusion

Reviews

""In Finance, Accumulation and Monetary Power, Daniel Woodley expertly depicts and uncovers the key structural problems that contemporary 'postliberal' capitalism faces. As the book shows, we are moving towards what Woodley terms ‘financial socialism’, in which nation-states and international organisations are required to stabilise an increasingly unstable global capitalism, using monetary policy to prop up the value of money and assets – and in doing so, to sow the seeds of the next crisis. The book is a must-read for anyone with an interest in the ongoing stagnation of the global economy, and the likely sources of the current crisis to come. At the end of a ten-year period of quantitative easing and ultra-loose monetary policy we still exist in a period of 'secular stagnation' – this book goes beyond the surface-level explanations of both mainstream and heterodox economics, to show why this is the case."" David J. Bailey, University of Birmingham, UK


In Finance, Accumulation and Monetary Power, Daniel Woodley expertly depicts and uncovers the key structural problems that contemporary 'postliberal' capitalism faces. As the book shows, we are moving towards what Woodley terms `financial socialism', in which nation-states and international organisations are required to stabilise an increasingly unstable global capitalism, using monetary policy to prop up the value of money and assets - and in doing so to sow the seeds of the next crisis. The book is a must-read for anyone with an interest in the ongoing stagnation of the global economy, and the likely sources of the current crisis to come. At the end of a ten-year period of quantitative easing and ultra-loose monetary policy we still exist in a period of 'secular stagnation' - this book goes beyond the surface-level explanations of both mainstream and heterodox economics, to show why this is the case. David J. Bailey, University of Birmingham, UK


In Finance, Accumulation and Monetary Power, Daniel Woodley expertly depicts and uncovers the key structural problems that contemporary 'postliberal' capitalism faces. As the book shows, we are moving towards what Woodley terms `financial socialism', in which nation-states and international organisations are required to stabilise an increasingly unstable global capitalism, using monetary policy to prop up the value of money and assets - and in doing so to sow the seeds of the next crisis. The book is a must-read for anyone with an interest in the ongoing stagnation of the global economy, and the likely sources of the current crisis to come. At the end of a ten-year period of quantitative easing and ultra-loose monetary policy we still exist in a period of 'secular stagnation' - this book goes beyond the surface-level explanations of both mainstream and heterodox economics, to show why this is the case. - David J. Bailey, University of Birmingham, UK.


In Finance, Accumulation and Monetary Power, Daniel Woodley expertly depicts and uncovers the key structural problems that contemporary 'postliberal' capitalism faces. As the book shows, we are moving towards what Woodley terms `financial socialism', in which nation-states and international organisations are required to stabilise an increasingly unstable global capitalism, using monetary policy to prop up the value of money and assets - and in doing so, to sow the seeds of the next crisis. The book is a must-read for anyone with an interest in the ongoing stagnation of the global economy, and the likely sources of the current crisis to come. At the end of a ten-year period of quantitative easing and ultra-loose monetary policy we still exist in a period of 'secular stagnation' - this book goes beyond the surface-level explanations of both mainstream and heterodox economics, to show why this is the case. David J. Bailey, University of Birmingham, UK


Author Information

Daniel Woodley teaches Politics at DLD College in London, UK, and is the author of numerous books and articles on political theory and international politics, including Fascism and Political Theory (2010) and Globalization and Capitalist Geopolitics (2015).

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