This article develops a basic typological framework for understanding and analyzing financial risk from a political … economy perspective. It is motivated by growing awareness of the contemporary significance of financial risk and by the fact … that the political-economic literature on such risk currently lacks a workable heuristic. The framework distinguishes …

points out that capitalism in the United States is an ever-evolving construct that recently entered a new stage: money … manager capitalism. In this form of capitalism, nearly all businesses are organized as corporations; pension and mutual funds … capitalism on short-run returns and uncompromised profit margins has increased economic uncertainty at the firm and plant levels …