Normalized Financial Wrongdoing : How Re-Regulating Markets Created Risks and Fostered Inequality

Language: English

Published by Stanford University Press, 2020

1503602389 / 9781503602380

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nach der Bestellung gedruckt Neuware - Printed after ordering - In Normalized Financial Wrongdoing, Harland Prechel examines how social structural arrangements that extended corporate property rights and increased managerial control opened the door for misconduct and, ultimately, the 2008 financial crisis. Beginning his analysis with the financialization of the home-mortgage market in the 1930s, Prechel shows how pervasive these arrangements had become by the end of the century, when the bank and energy sectors developed political strategies to participate in financial markets. His account adopts a multilevel approach that considers the political and legal landscapes in which corporations are embedded to answer two questions: how did banks and financial firms transition from being providers of capital to financial market actors Second, how did new organizational structures cause market participants to engage in high-risk activities After careful historical analysis, Prechel examines how organizational and political-legal arrangements contribute to current record-high income and wealth inequality, and considers societal preconditions for change.…

Title
Normalized Financial Wrongdoing : How Re-Regulating Markets Created Risks and Fostered Inequality
Author
Harland Prechel
Publisher
Stanford University Press
Publication year
2020
Condition
Neu
Binding
Buch
Language
English
ISBN 10
1503602389
ISBN 13
9781503602380
Item weight
680 grams
Dimensions
229x160x30 mm

AHA-BUCH GmbH

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