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The 2008 global financial crisis was the consequence of the process (1) of financialization, or the creation of massive fictitious financial wealth, that began in the 1980s,; and (2) the hegemony of a reactionary ideology-namely, neoliberalism-based on self-regulated and efficient markets....
Persistent link: https://www.econbiz.de/10010281712
The 2008 global financial crisis was the consequence of the process of financialization, or the creation of massive fictitious financial wealth, that began in the 1980s, and of the hegemony of a reactionary ideologyânamely, neoliberalismâbased on self-regulated and efficient markets. Although...
Persistent link: https://www.econbiz.de/10008741351