Lapavitsas, Costas

Profiting without Producing: How Finance Exploits Us All

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ISBN 13:
9781781681411
author:
Lapavitsas, Costas
format:
Paperback
publisher:
Verso Books
language:
English
Publication Year:
2013
Pages:
352
Dimensions:
22.6 x 15.2 x 3 cm
Genre:
Business, Finance & Law, Economics, Theory & Philosophy,
Condition:
New
Availability:
Item usually sent within 7 working days
£34.59

Description

Financialization is a concept that has emerged in the field of political economy over the last three decades, yet its definition remains unclear. In "Profiting Without Producing", Costas Lapavitsas offers a distinctive view of financialization, focusing on how non-financial enterprises, banks and households conduct their affairs.

The book explores the rise of financial profit, particularly as it is extracted from households through financial expropriation. It also examines the causes of the 2007 crisis and discusses options for controlling finance. Lapavitsas uses abundant empirical data to establish his arguments.

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