000 01273nam a2200157Ia 4500
999 _c9291
_d9291
020 _a9781137600684
082 _aRR 330.12209
_bVER-C
100 _aVercelli, Alessandro
245 0 _aCrisis and sustainability
_bThe Delusion of free markets
260 _aLondon
_bPalgrave Macmillan
_c2017
300 _axx, 329p
520 _aThis book offers a novel interpretation of the Great Recession and the ensuing Euro Crisis as a consequence of the evolution of capitalism since the 1970s. Chapters argue that the neoliberal development trajectory pursued in recent decades is unsustainable, and posit that neither sound macroeconomics nor empirical data support the unqualified faith in free markets that inspired it. The book begins by providing a broad critical perspective on key concepts such as freedom, free market, free trade, globalisation and financialisation, before going on to analyse the long and deep recent crisis as a result of the neoliberal policy strategy adopted since the early 1980s. The alternative narrative outlined in the book provides insights into the policy strategy required to achieve a sustainable development trajectory.
650 _aEconomic Policy
_vEconomic Development
_zIndia
650 _aMarket
_vEconomic Crises
_zIndia
942 _cRB
_2ddc