The 2002-2007 US Economic Expansion and the Limits of Finance-led Capitalism
Studies in Political Economy
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Title |
The 2002-2007 US Economic Expansion and the Limits of Finance-led Capitalism
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Creator |
Evans, Trevor
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Subject |
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Description |
This issue begins by presenting a “Forum on the Financial Crisis.” The financial crisis, many commentators argue, can be traced to the deregulation of the financial system pursued by the Reagan and Clinton Administrations, then continued and deepened under the Bush Administration. Trevor Evans explores this thesis, examining the patterns of economic growth and contraction since 1980. He argues that “the economic model pursued in the United States since the 1980s has resulted in a massive reconcentration of income to the benefit of those at the very top,” a process that intensified even further from 2002 until the crisis. The expansion in the scale and influence of the financial sector was critical to this development.
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Publisher |
Studies in Political Economy
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Contributor |
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Date |
2009-05-25
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — — |
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Format |
application/pdf
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Identifier |
http://spe.library.utoronto.ca/index.php/spe/article/view/6077
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Source |
Studies in Political Economy; Vol 83 (2009): Finance and Democracy
1918-7033 0707-8552 |
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Language |
eng
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Relation |
http://spe.library.utoronto.ca/index.php/spe/article/view/6077/3068
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Coverage |
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