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We present an investigation into the long-run effects of financialisation on income distribution before the financial and economic crises for Germany, one of the major mercantilist export-led economies. The analysis builds on a Kaleckian approach towards the examination of the effects of...
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The Demise of Finance-dominated Capitalism goes well beyond the dominant interpretation that the recent financial and … different theoretical, historical and empirical perspectives on the long-run transition towards finance-dominated capitalism, on … crises. In the first part of the book the macroeconomics of finance-dominated capitalism, the theories of financial crisis …
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