Introduction -- The Contemporary Setting and Significance of Financialization -- The Costs of Financial System Failure -- Inequality and Financialization -- Value Extraction and Monopoly -- The Mainline Tradition and Endogenous Cycles -- Inflation in the Contemporary Conjuncture -- Finance and...

"Financialization is a set of processes which has led to a financially-driven and commodified economy with rising inequality, tax avoidance, the lack of investment in the physical and social infrastructure. Given the influence of money politics, and the secular increase in the burden of debt,...

Tabb argues that global economic institutions such as the World Bank and the International Monetary Fund constitute a nascent international state for which all previous models of sovereignty, accountability and equity are inadequate. Integrating economics and political science, he traces the...

Actions taken by the United States and other countries during the Great Recession focused on restoring the viability of major financial institutions while guaranteeing debt and stimulating growth. Once the markets stabilized, the United States enacted regulatory reforms that ultimately left...