Since the Great Recession of 2007-9 the financialisation of the US economy has reached a watershed characterised by stagnant financial profits, falling mortgage debt and rising public debt. The reliance of households on the formal financial system appears to have weakened for the first time in...

The ratio of financial to non-financial profits in the US economy has increased sharply since the 1970s, the period that is often called the financialisation of capitalism. By developing a two-sector theoretical model the ratio of financial to non-financial profits is shown to depend positively...

El endeudamiento de España, Portugal y Grecia ha crecido en los últimos años debido principalmente a un sector privado que, incapaz de competir con éxito dentro de la zona euro, ha acumulado deuda tanto interna como externa. La deuda total - tanto pública como privada - plantea problemas...