书目名称 | Ruling or Serving Society? | 副标题 | The Case for Reformi | 编辑 | Shahid Ahmed | 视频video | | 概述 | Argues that the 2007/08 financial crisis revealed fundamental flaws in how the financial sector had evolved over the previous three decades.Suggests that the largely deregulated financial sector needs | 图书封面 |  | 描述 | .This book argues that the 2007/08 financial crisis revealed fundamental flaws in how the financial sector had evolved over the previous three decades. While access to financial services has improved, the total stock of debt in the global economy has risen to more than twice the size of global GDP. Financial services now play a far bigger role in all economies, developed and developing, than in the 1960s. This development has produced few, if any, worthwhile benefits. The book concludes that the largely deregulated financial sector needs to be radically reformed..The first of these reforms would be to establish the pre-eminence of the public interest in how financial services operate. The second would involve breaking up financial institutions that have become much too big. Third, the phenomenon of financialization needs to be regulated and controlled. Finally, all countries need to work- both nationally and internationally- towards a more democratized, more robust, and less laissez faire system of socially progressive financial sector regulation to make it subservient to the needs of society rather than the other way round. .This Palgrave Pivot will be of interest to economists, | 出版日期 | Book 2018 | 关键词 | 2007/2008 financial crisis; banks; financial services; neoliberal economics; privatization; indebtedness; | 版次 | 1 | doi | https://doi.org/10.1007/978-3-030-00521-4 | isbn_softcover | 978-3-030-13120-3 | isbn_ebook | 978-3-030-00521-4 | copyright | The Editor(s) (if applicable) and The Author(s), under exclusive licence to Springer Nature Switzerl |
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