Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
The Ascendancy Of Finance
Download The Ascendancy Of Finance full books in PDF, epub, and Kindle. Read online The Ascendancy Of Finance ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis The Ascendancy of Finance by : Joseph Vogl
Download or read book The Ascendancy of Finance written by Joseph Vogl and published by John Wiley & Sons. This book was released on 2017-09-05 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global financial crisis of 2008 ushered in a system of informal decision-making in the grey zone between economics and politics. Legitimized by a rhetoric of emergency, ad hoc bodies have usurped democratically elected governments. In line with the neoliberal credo, the recent crisis has been used to realize the politically impossible and to re-align executive power with the interests of the finance industry. In this important book, Joseph Vogl offers a much longer perspective on these developments, showing how the dynamics of modern finance capitalism have always rested on a complex and constantly evolving relationship between private creditors and the state. Combining historical and theoretical analysis, Vogl argues that over the last three centuries, finance has become a "fourth estate," marked by the systematic interconnection of treasury and finance, of political and private economic interests. Against this historical background, Vogl explores the latest phase in the financialization of government, namely the dramatic transfer of power from states to markets in the latter half of the 20th century. From the liberalization of credit and capital markets to the privatization of social security, he shows how policy has actively enabled a restructuring of the economy around the financial sector. Political systems are "imprisoned" by the regime of finance, while the corporate model suffuses society, enclosing populations in the production of financial capital. The Ascendancy of Finance provides valuable and unsettling insight into the genesis of modern power and where it truly resides.
Book Synopsis The Ascent of Money by : Niall Ferguson
Download or read book The Ascent of Money written by Niall Ferguson and published by Penguin. This book was released on 2008-11-13 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 10th anniversary edition, with new chapters on the crash, Chimerica, and cryptocurrency "[An] excellent, just in time guide to the history of finance and financial crisis." —The Washington Post "Fascinating." —Fareed Zakaria, Newsweek In this updated edition, Niall Ferguson brings his classic financial history of the world up to the present day, tackling the populist backlash that followed the 2008 crisis, the descent of "Chimerica" into a trade war, and the advent of cryptocurrencies, such as Bitcoin, with his signature clarity and expert lens. The Ascent of Money reveals finance as the backbone of history, casting a new light on familiar events: the Renaissance enabled by Italian foreign exchange dealers, the French Revolution traced back to a stock market bubble, the 2008 crisis traced from America's bankruptcy capital, Memphis, to China's boomtown, Chongqing. We may resent the plutocrats of Wall Street but, as Ferguson argues, the evolution of finance has rivaled the importance of any technological innovation in the rise of civilization. Indeed, to study the ascent and descent of money is to study the rise and fall of Western power itself.
Book Synopsis Capital Flows and Financial Crises by : Miles Kahler
Download or read book Capital Flows and Financial Crises written by Miles Kahler and published by Cornell University Press. This book was released on 2018-09-05 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Capital flows to the developing economies have long displayed a boom-and-bust pattern. Rarely has the cycle turned as abruptly as it did in the 1990s, however: surges in lending were followed by the Mexican peso crisis of 1994-95 and the sudden collapse of currencies in Asia in 1997. This volume maps a new and uncertain financial landscape, one in which volatile private capital flows and fragile banking systems produce sudden reversals of fortune for governments and economies. This environment creates dilemmas for both national policymakers who confront the "mixed blessing" of capital inflows and the international institutions that manage the recurrent crises.The authors—leading economists and political scientists—examine private capital flows and their consequences in Latin America, Pacific Asia, and East Europe, placing current cycles of lending in historical perspective. National governments have used a variety of strategies to deal with capital-account instability. The authors evaluate those responses, prescribe new alternatives, and consider whether the new circumstances require novel international policies.
Book Synopsis The End of Finance by : Massimo Amato
Download or read book The End of Finance written by Massimo Amato and published by John Wiley & Sons. This book was released on 2013-12-19 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new book by two distinguished Italian economists is a highly original contribution to our understanding of the origins and aftermath of the financial crisis. The authors show that the recent financial crisis cannot be understood simply as a malfunctioning in the subprime mortgage market: rather, it is rooted in a much more fundamental transformation, taking place over an extended time period, in the very nature of finance. The ‘end’ or purpose of finance is to be found in the social institutions by which the making and acceptance of promises of payment are made possible - that is, the creation and cancellation of debt contracts within a specified time frame. Amato and Fantacci argue that developments in the modern financial system by which debts are securitized has endangered this fundamental credit/debt structure. The illusion has been created that debts are universally liquid in the sense that they need not be redeemed but can be continually sold on in increasingly extensive global markets. What appears to have reduced the riskiness of default for individual agents has in fact increased the fragility of the system as a whole. The authors trace the origins of this profound transformation backwards in time, not just to the neoliberal reforms of the 1980s and 90s but to the birth of capitalist finance in the mercantile networks of the sixteenth and seventeenth centuries. This long historical perspective and deep analysis of the nature of finance enables the authors to tackle the challenges we face today in a fresh way - not simply by tinkering with existing mechanisms, but rather by asking the more profound question of how institutions might be devised in which finance could fulfil its essential functions.
Book Synopsis The Founders and Finance by : Thomas K. McCraw
Download or read book The Founders and Finance written by Thomas K. McCraw and published by Harvard University Press. This book was released on 2012-10-08 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1776 the United States government started out on a shoestring and quickly went bankrupt fighting its War of Independence against Britain. At the war’s end, the national government owed tremendous sums to foreign creditors and its own citizens. But lacking the power to tax, it had no means to repay them. The Founders and Finance is the first book to tell the story of how foreign-born financial specialists—immigrants—solved the fiscal crisis and set the United States on a path to long-term economic success. Pulitzer Prize–winning author Thomas K. McCraw analyzes the skills and worldliness of Alexander Hamilton (from the Danish Virgin Islands), Albert Gallatin (from the Republic of Geneva), and other immigrant founders who guided the nation to prosperity. Their expertise with liquid capital far exceeded that of native-born plantation owners Washington, Jefferson, and Madison, who well understood the management of land and slaves but had only a vague knowledge of financial instruments—currencies, stocks, and bonds. The very rootlessness of America’s immigrant leaders gave them a better understanding of money, credit, and banks, and the way each could be made to serve the public good. The remarkable financial innovations designed by Hamilton, Gallatin, and other immigrants enabled the United States to control its debts, to pay for the Louisiana Purchase of 1803, and—barely—to fight the War of 1812, which preserved the nation’s hard-won independence from Britain.
Book Synopsis Dilemmas of Domination by : Walden Bello
Download or read book Dilemmas of Domination written by Walden Bello and published by Zed Books. This book was released on 2005-09 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title offers a prophetic analysis of the hidden weaknesses of the American empire.
Book Synopsis Lords of Finance by : Liaquat Ahamed
Download or read book Lords of Finance written by Liaquat Ahamed and published by Penguin. This book was released on 2009 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt: Argues that the stock market crash of 1929 and subsequent Depression occurred as a result of poor decisions on the part of four central bankers who jointly attempted to reconstruct international finance by reinstating the gold standard.
Download or read book Global Finance written by Walden Bello and published by Zed Books. This book was released on 2000-10 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading thinkers, from both North and South, confront what is to be done about the clearly unstable world economic system. They examine a range of different ideas and approaches including: how do we renew the process of governance of the global economy?; can the IMF be reformed?; do we need a new World Financial Authority?; is there a case for capital controls?; can an international bankruptcy procedure be set up for countries, modelled on the USA's own domestic Chapter 11?; could the Tobin Tax on foreign currency transactions be part of the solution?; and what effective measures are needed to relieve the most deeply indebted countries?
Book Synopsis Poor Economics by : Abhijit V. Banerjee
Download or read book Poor Economics written by Abhijit V. Banerjee and published by PublicAffairs. This book was released on 2012-03-27 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: The winners of the Nobel Prize in Economics upend the most common assumptions about how economics works in this gripping and disruptive portrait of how poor people actually live. Why do the poor borrow to save? Why do they miss out on free life-saving immunizations, but pay for unnecessary drugs? In Poor Economics, Abhijit V. Banerjee and Esther Duflo, two award-winning MIT professors, answer these questions based on years of field research from around the world. Called "marvelous, rewarding" by the Wall Street Journal, the book offers a radical rethinking of the economics of poverty and an intimate view of life on 99 cents a day. Poor Economics shows that creating a world without poverty begins with understanding the daily decisions facing the poor.
Download or read book Bad Money written by Kevin Phillips and published by Penguin. This book was released on 2008 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: A survey of the role of America's financial sector in compromising the nation's global future examines the sources of rising debt, high mortgage rates, and increasing oil prices, making sobering predictions about the downfall of America as a world power.
Download or read book Fixers written by Michael M. Thomas and published by Melville House. This book was released on 2016 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: What if a candidate who promised hope and change had agreed to staff his campaign with Wall Street insiders in exchange for very secret campaign cash? And what if those insiders then made sure that none of their own ever got caught when the financial crisis exploded? Fixers, by bestselling novelist and former Lehman Brothers partner Michael M. Thomas, is a shocking, wildly plausible thriller about the insider's insider who brokers the deal - and changed American history forever.
Book Synopsis Profiting Without Producing by : Costas Lapavitsas
Download or read book Profiting Without Producing written by Costas Lapavitsas and published by Verso Books. This book was released on 2014-01-14 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financialization is one of the most innovative concepts to emerge in the field of political economy during the last three decades, although there is no agreement on what exactly it is. Profiting Without Producing puts forth a distinctive view defining financialization in terms of the fundamental conduct of non-financial enterprises, banks and households. Its most prominent feature is the rise of financial profit, in part extracted from households through financial expropriation. Financialized capitalism is also prone to crises, none greater than the gigantic turmoil that began in 2007. Using abundant empirical data, the book establishes the causes of the crisis and discusses the options broadly available for controlling finance.
Book Synopsis Dealing in Desire by : Kimberly Kay Hoang
Download or read book Dealing in Desire written by Kimberly Kay Hoang and published by Univ of California Press. This book was released on 2015-02-11 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: This captivating ethnography explores Vietnam’s sex industry as the country ascends the global and regional stage. Over the course of five years, author Kimberly Kay Hoang worked at four exclusive Saigon hostess bars catering to diverse clientele: wealthy local Vietnamese and Asian businessmen, Viet Kieus (ethnic Vietnamese living abroad), Western businessmen, and Western budget-tourists. Dealing in Desire takes an in-depth and often personal look at both the sex workers and their clients to show how Vietnamese high finance and benevolent giving are connected to the intimate spheres of the informal economy. For the domestic super-elite who use the levers of political power to channel foreign capital into real estate and manufacturing projects, conspicuous consumption is a means of projecting an image of Asian ascendancy to potential investors. For Viet Kieus and Westerners who bring remittances into the local economy, personal relationships with local sex workers reinforce their ideas of Asia’s rise and Western decline, while simultaneously bolstering their diminished masculinity. Dealing in Desire illuminates Ho Chi Minh City’s sex industry as not just a microcosm of the global economy, but a critical space where dreams and deals are traded.
Book Synopsis Leading Issues in Islamic Economics and Finance by : Zubair Hasan
Download or read book Leading Issues in Islamic Economics and Finance written by Zubair Hasan and published by Springer Nature. This book was released on 2020-09-01 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book discusses leading issues in Islamic economics and finance that continue to remain in a fluid, non-consensual state in the profession. It examines the nature and significance of Islamic economics. The book deals with the mainstream topics including growth, environment, distributive justice, monetary policy, risk treatment, methodology and Basel Accords to rehabilitate them for the Islamic discipline within the framework of scarcity, self-interest and gain maximization. Further, it explores the role of the state in directing the economy toward achieving Islamic goals of development and welfare.
Download or read book Dark Money written by Jane Mayer and published by Anchor. This book was released on 2017-01-24 with total page 578 pages. Available in PDF, EPUB and Kindle. Book excerpt: NATIONAL BESTSELLER ONE OF THE NEW YORK TIMES 10 BEST BOOKS OF THE YEAR Who are the immensely wealthy right-wing ideologues shaping the fate of America today? From the bestselling author of The Dark Side, an electrifying work of investigative journalism that uncovers the agenda of this powerful group. In her new preface, Jane Mayer discusses the results of the most recent election and Donald Trump's victory, and how, despite much discussion to the contrary, this was a huge victory for the billionaires who have been pouring money in the American political system. Why is America living in an age of profound and widening economic inequality? Why have even modest attempts to address climate change been defeated again and again? Why do hedge-fund billionaires pay a far lower tax rate than middle-class workers? In a riveting and indelible feat of reporting, Jane Mayer illuminates the history of an elite cadre of plutocrats—headed by the Kochs, the Scaifes, the Olins, and the Bradleys—who have bankrolled a systematic plan to fundamentally alter the American political system. Mayer traces a byzantine trail of billions of dollars spent by the network, revealing a staggering conglomeration of think tanks, academic institutions, media groups, courthouses, and government allies that have fallen under their sphere of influence. Drawing from hundreds of exclusive interviews, as well as extensive scrutiny of public records, private papers, and court proceedings, Mayer provides vivid portraits of the secretive figures behind the new American oligarchy and a searing look at the carefully concealed agendas steering the nation. Dark Money is an essential book for anyone who cares about the future of American democracy. National Book Critics Circle Award Finalist LA Times Book Prize Finalist PEN/Jean Stein Book Award Finalist Shortlisted for the Lukas Prize
Book Synopsis Financialisation in Crisis by : Costas Lapavitsas
Download or read book Financialisation in Crisis written by Costas Lapavitsas and published by BRILL. This book was released on 2012-03-02 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: The turmoil of 2007-2009 is a crisis of financialised capitalism. This collected volume analyses financialisation by drawing on Marxist and heterodox theory of finance. It examines domestic and international aspects of financialisation, placing the crisis in its appropriate social context.
Book Synopsis Rulers and Ruled in the US Empire by : James Petras
Download or read book Rulers and Ruled in the US Empire written by James Petras and published by SCB Distributors. This book was released on 2010-04-28 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive guide to the systemic dimensions of the US empire. Petras elaborates the changes within the US ruling class, as its manufacturing sector declines and gives way to the ascendancy of finance capital, illustrated by its dominance of both the US economy, and the parameters for political debate on the US role in the world economy (globalization, trade liberalization). Petras addresses the fallacy of discussions on the imminent collapse of capitalism when what is occurring in reality is the collapse of workers' rights. He elaborates the contradictions in current immigration/trade liberalization policies, and how these work toward forcing the displacement of peoples, and furthering the underdevelopment of third world countries. He reveals the dark heart of modern empire, in the emergence and proliferation of holocaust-scale carnage.and further outlines how the world capitalist system is laced together in an intricate hierarchy where the US pulls most of the strings, even outside its ostensible area of dominance. The role of corruption in securing world markets is addressed, as are the reasons for the spectacular global growth in new billionaires. The role of the Zionist Lobby in America is examined as it relates to the catastrophic wars in Iraq and Lebanon, and the threat of a further attack on Iran. A mounting schism within the US ruling elite between its pro-Zionist sector concerned with advancing the interests of Israel, and the traditional ruling elite concerned with protecting US imperial interests worldwide is addressed in relation to the Iraq Study Group's failed effort to introduce changes in current US Middle East policy. Finance capital and its political representatives in the US government depend on the support of client regimes in other countries, which include those considered relatively `center left', to sustain the US empire. However, in pursuit of freedom, justice, national independence and peace, powerful social movements and in some circumstances armed national resistance forces have emerged to challenge American dominance. Petras sheds light on the actual status of contemporary resistance to US hegemony within China, Latin America, and the Middle East.
