Jump quickly to results on these stores:
- Galip Yalman, Middle East Technical University, Turkey
'As analysts fixated on the financial crisis convulsing the core capitalist countries, the so-called 'emerging markets' also saw stunning tranformations in the world of finance capitalism. This remarkable study by Tom Marois carefully dissects the evolution of the banking industry in two of the most significant state-led capitalisms, Turkey and Mexico, as they formed finance-led neoliberal economic policies. The consequences for their development strategies makes for sober reading. This is a unique and crucial study for students of the comparative political economy of contemporary capitalism.'
- Greg Albo, York University, Canada
Thomas Marois' groundbreaking interpretation of banking and development in Mexico and Turkey builds on a Marxian-inspired framework premised on understanding states and banks as social relationships alongside crisis and labor as vital to finance today. The book's rich historical and empirical content reveals definite institutionalized relationships of power that mainstream political economists often miss.
While leading to a timely analysis of the impact of the Great Recession on Mexico and Turkey, the major contribution of States, Banks and Crisis in its account of emerging finance capitalism. This is defined as the current phase of accumulation wherein the interests of financial capital are fused in the state apparatus as the institutionalized priorities and overarching social logic guiding the actions of state managers and government elites, often to the detriment of labor.
This interdisciplinary and accessible study on banking and development will prove to be an important resource for upper-level undergraduates, graduates, and scholars in economics, development studies, political science, political economy, development finance, sociology, international relations and international political economy.
Contents:
1. Introducing Emerging Finance Capitalism
2. States, Banks, and Crisis in Emerging Finance Capitalism
3. States, Banks, and the History of Postwar Development in Mexico and Turkey
4. Neoliberal Idealism, Crisis, and Banking in Mexico's State-led Structural Transformation, 1982-94
5. Crisis and the Neoliberal Idealism of State and Bank Restructuring in Turkey, 1980-2000
6. Another Round of Tequila? Interpreting the Costs and Benefits of Emerging Finance Capitalism in Mexico
7. Richer than Croesus? Understanding the Subordination of State and Banks to Emerging Finance Capitalism in Turkey
8. Comparing Alternatives in an Era of Emerging Finance Capitalism
Bibliography
Index
About: 'Thomas Marois' book, States, Banks and Crisis, is highly attractive to development scholars because of the combinations of topics it discusses, the countries analyzed, and its characterization of financial capital as dominant.
About: 'This book attempts to provide a critique of neoclassical and liberal political economists as well as the much-hyped and influential 'varieties of capitalism' approach, a variant of institutionalist political economy, by claiming that they are dismissive of 'the structural power of financial capital'.
Pricing is shown for items sent to or within the U.S., excluding shipping and tax. Please consult the store to determine exact fees. No warranties are made express or implied about the accuracy, timeliness, merit, or value of the information provided. Information subject to change without notice. isbn.nu is not a bookseller, just an information source.