Preface -- 1. Financialisation and the financial and economic crises: theoretical framework and empirical analysis for 15 countries / Nina Dodig, Eckhard Hein and Daniel Detzer -- 2. The crisis of finance-led capitalism in the United States / Trevor Evans -- 3. Monetary adjustment and inflation...

The Demise of Finance-dominated Capitalism goes well beyond the dominant interpretation that the recent financial and economic crises are rooted in malfunctioning and poorly regulated financial markets. The editors provide an overview of different theoretical, historical and empirical...

In this timely and thought-provoking book, Eckhard Hein illustrates that the Great Recession, which hit the world economy in 2008/09, is rooted in the contradictions of finance-dominated capitalism. The author provides an in-depth exploration of the macroeconomics of finance-dominated...