Crisis and Inequality

Crisis and InequalityUnlock a deeper understanding of contemporary global dynamics with 'Crisis and Inequality'. This groundbreaking textbook by Mattias Vermeiren delves into the intricate relationship between spiraling inequality since the 1970s and the global financial crisis of 2008. In a world increasingly defined by economic disparity and crisis, this essential resource introduces key concepts in political economy, drawing upon historical events to paint a

Unlock a deeper understanding of contemporary global dynamics with 'Crisis and Inequality'. This groundbreaking textbook by Mattias Vermeiren delves into the intricate relationship between spiraling inequality since the 1970s and the global financial crisis of 2008. In a world increasingly defined by economic disparity and crisis, this essential resource introduces key concepts in political economy, drawing upon historical events to paint a comprehensive picture of the challenges confronted by democratic capitalism today.

Published by John Wiley & Sons in 2021, this 304-page book examines the mutually reinforcing debt-led and export-led growth models that have shaped modern Europe and America. Gain insights into how soaring income and wealth inequality have laid the groundwork for recent crises, including the European sovereign debt crisis. Vermeiren utilizes a comparative and international political economy lens to explore macroeconomic policy, social policy, corporate governance, and financial policy, enabling readers to understand the dynamics of crisis and inequality.

This essential reading for students and scholars will equip you with the knowledge to critically assess the prospects of a more egalitarian and sustainable approach to democratic capitalism. Don't miss out on this important text that addresses the core issues of our time.

(Note: Shipping for this item is free. Please allow up to 6 weeks for delivery. Once your order is placed, it cannot be cancelled.)

Condition: BRAND NEW
ISBN: 9781509537693
Year: 2021
Publisher: John Wiley & Sons (UK)
Pages: 304

Note: Shipping for this item is free. Please allow up to 6 weeks for delivery. Once your order is placed, it cannot be cancelled.

Condition: BRAND NEW
ISBN: 9781509537693
Year: 2021
Publisher: John Wiley & Sons (UK)
Pages: 304


Description:


Spiralling inequality since the 1970s and the global financial crisis of 2008 have been the two most important challenges to democratic capitalism since the Great Depression. To understand the political economy of contemporary Europe and America we must, therefore, put inequality and crisis at the heart of the picture.


In this innovative new textbook Mattias Vermeiren does just this, demonstrating that both the global financial crisis and the European sovereign debt crisis resulted from a mutually reinforcing but ultimately unsustainable relationship between countries with debt-led and export-led growth models, models fundamentally shaped by soaring income and wealth inequality. He traces the emergence of these two growth models by giving a comprehensive overview, deeply informed by the comparative and international political economy literature, of recent developments in the four key domains that have shaped the dynamics of crisis and inequality: macroeconomic policy, social policy, corporate governance and financial policy. He goes on to assess the prospects for the emergence of a more egalitarian and sustainable form of democratic capitalism.


This fresh and insightful overview of contemporary Western capitalism will be essential reading for all students and scholars of international and comparative political economy.