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The Profits of Financialization.

Authors :
LAPAVITSAS, COSTAS
MENDIETA-MUÑOZ, IVAN
Source :
Monthly Review: An Independent Socialist Magazine. Jul/Aug2016, Vol. 68 Issue 3, p49-62. 14p.
Publication Year :
2016

Abstract

The article examines the financialization of capitalism, highlighting the 1966 book "Monopoly Capital: An Essay on the American Economic and Social Order" by Paul Baran and Paul Sweezy. Capitalism's financialization has reportedly been marked by increasing financial profits especially in the U.S. Also discussed are the ideas of the book, financial liberalization, and the behavior of financial profit in the U.S. economy.

Details

Language :
English
ISSN :
00270520
Volume :
68
Issue :
3
Database :
Academic Search Index
Journal :
Monthly Review: An Independent Socialist Magazine
Publication Type :
Periodical
Accession number :
116574404
Full Text :
https://doi.org/10.14452/MR-068-03-2016-07_4