Bericht

The great crisis and the American response

Senior Scholar James K. Galbraith argues the fundamental illusion of viewing the US economy through the free-market prism of deregulation, privatization, and a benevolent government operating mainly through monetary stabilization - the prevailing view among economists over the past three decades. The real sources of American economic power, he says, lie with those who manage and control the public-private sectors - especially the public institutions in those sectors - and who often have a political agenda in hand. Galbraith calls this the predator state: a government that is intent, not upon restructuring the rules in any idealistic way, but upon using the existing institutions as a device for political patronage on a grand scale. And it is closely aligned with financial deregulation.

ISBN
978-1-936192-09-0
Sprache
Englisch

Erschienen in
Series: Public Policy Brief ; No. 112

Klassifikation
Wirtschaft
Thema
Finanzmarktkrise
Konjunkturpolitik
Geldpolitik
Finanzsektor
Bankenpolitik
Internationaler Finanzmarkt
USA
Welt

Ereignis
Geistige Schöpfung
(wer)
Galbraith, James K.
Ereignis
Veröffentlichung
(wer)
Levy Economics Institute of Bard College
(wo)
Annandale-on-Hudson, NY
(wann)
2010

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Bericht

Beteiligte

  • Galbraith, James K.
  • Levy Economics Institute of Bard College

Entstanden

  • 2010

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