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A Permanent Crisis : The Financial Oligarchy’s Seizing of Power and the Failure of Democracy / by Marc Chesney

Publisher (Cham : Springer International Publishing : Imprint: Palgrave Macmillan)
Year 2018
Edition 1st ed. 2018.
Authors *Chesney, Marc author
SpringerLink (Online service)

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OB00174409 Springer Economics and Finance eBooks (電子ブック) 9783030005184

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Material Type E-Book
Media type 機械可読データファイル
Size XV, 111 p : online resource
Notes Introduction: The sinking of civilisation in the name of its salvation -- 1. Yesterday and today -- 2. Trying to satisfy financial markets is but a vain task -- 3. Liberalism: the financial sphere does not practice what it preaches -- 4. Characteristics of casino finance -- 5.The birth of homo-financiarius and the subservience of the elite -- 6. Some remedies and solutions
This short book describes the role big banks played in the financial crisis of 2008 while denouncing the financial oligarchy’s rise to power and the dangers it represents for democracy today. There have been many books since the financial crisis that have considered historical events leading up to the crisis but few that consider a solution. Ten years after the great financial crash, this book synthesisessynthesizes the historical developments and introduces a proposal aimed at rebalancing the economy and society at large. The author presents a novel solution that would change current tax systems in the developed world, in their entirety. This book will be of interest to students, practitioners and researchers, as well as the wider informed audience. Marc Chesney is Professor of Finance and Director of the Department of Banking and Finance at the University of Zurich, Switzerland. He was previously Professor and Associate Dean at HEC Paris from 1993 until 2000 and is currently a member of the European NGO Finance Watch. For many years he has been developing a critical analysis of the financial sector as well as casino finance
HTTP:URL=https://doi.org/10.1007/978-3-030-00518-4
Subjects LCSH:Economic development
LCSH:Finance
LCSH:History
LCSH:Economic policy
LCSH:Financial services industry
LCSH:Macroeconomics
LCSH:Economic history
FREE:Economic Growth
FREE:Financial History
FREE:Economic Policy
FREE:Financial Services
FREE:Macroeconomics and Monetary Economics
FREE:Economic History
Classification LCC:HD72-88
DC23:338.9
ID 8000034400
ISBN 9783030005184

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