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Global Capitalism in Disarray – Inequality, Debt, and Austerity - Oxford Scholarship Online
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Global Capitalism in Disarray: Inequality, Debt, and Austerity

Andres Solimano


Global capitalism is affected by the malaises of stagnation, financial fragility, increased income inequality, and enormous wealth concentration at the top while eroding the social contract between governments and the people they serve. This book focuses on these phenomena in the US, UK, Greece, Spain, Chile, South Africa, Australia, and China. The book examined the evolution of macroeconomic thinking in the last hundred years or so, discusses the main determinants of income and wealth inequality and studies the effects on inequality of free market policies adopted in the US and UK since the 1 ... More

Keywords: inequality, debt, financial crises, history of economic thought, austerity, macroeconomic policies, neoliberalism

Bibliographic Information

Print publication date: 2016 Print ISBN-13: 9780190626273
Published to Oxford Scholarship Online: November 2016 DOI:10.1093/acprof:oso/9780190626273.001.0001


Affiliations are at time of print publication.

Andres Solimano, author
Professor, School of Entrepreneurship and Business, Universidad Mayor, and Chair, International Center for Globalization and Development, Santiago, Chile