The Failure of Anglo-Liberal Capitalism

Author: Hagendorf, Col
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Free Enterprise & Capitalism |
The global financial crisis has generated an intense debate in academic, business, journalistic and political circles alike about what went wrong and how to put it right. In this provocative reassessment of the crisis and its implications, Colin Hay argues that it is only by acknowledging the complicity and culpability of an Anglo-liberal model of capitalism in the inflation and then bursting of the bubble that we can begin to see the full extent of what is broken and what now must be fixed. He argues that the crisis is best seen as a crisis of and indeed for growth and not as a crisis of debt. It is, moreover, a crisis of and for an excessively liberalised Anglo-American form of capitalism and the Anglo-liberal growth model to which it gave rise. This is a form of capitalism and a growth model that was inherently unstable and threatened the entire world economy - its excesses cannot be tolerated again.

Publisher Name Palgrave Pivot
Author Name Hagendorf, Col
Format Audio
Bisac Subject Major BUS
Language NG
Isbn 10 113736050X
Isbn 13 9781137360502
Target Age Group min:NA, max:NA
Series 000793488
Dimensions 00.85" H x 00.05" L x 50.00" W
Page Count 76

Colin Hay is Professor of Government and Comparative Public Policy at Sciences Po, Paris and Affiliate Professor of Political Analysis at the University of Sheffield, where he co-founded the Sheffield Political Economy Research Institute (SPERI). He is the author of a number of books including The Failure of Anglo-Liberal Capitalism and The Political Economy of European Welfare Capitalism (with Daniel Wincott). He is editor of the journals Comparative European PoliticS and British Politics (both published by Palgrave Macmillan) and New Political Economy (Taylor & Francis).

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