Profiting without producing: how finance exploits us all Lapavitsas, Costas

By:

Lapavitsas, Costas

Material type: Text

TextPublication details: London Verso 2013Description: xvii, 393 pISBN:

9781781681411

Subject(s):

DDC classification:

332 L2P7

Summary: Financialization is one of the most innovative concepts to emerge in the field of political economy in the last three decades, although there is no agreement on what exactly it is. Profiting Without Producing defines 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 directly from households through financial expropriation. Financialized capitalism is 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.

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Holdings
Item type	Current library	Collection	Call number	Status	Date due	Barcode	Item holds
Book	Ahmedabad	Non-fiction	332 L2P7 (Browse shelf(Opens below))	Available		181554

Total holds: 0

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	332 H2D3 Debt: the first 5000 years	332 H2W4 Whose sustainability counts?: BASIX's long march from microfinance to livelihoods	332 K4E8 Essays in history: financial, economic, personal	332 L2P7 Profiting without producing: how finance exploits us all

Financialization is one of the most innovative concepts to emerge in the field of political economy in the last three decades, although there is no agreement on what exactly it is. Profiting Without Producing defines 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 directly from households through financial expropriation.

Financialized capitalism is 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.

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