Capitalism: An Unsustainable Future?

Neoliberalism, globalization, and financialization have caused crises and rising inequality, and the climate emergency threatens the planet's future. This book explores the background to these crises, including policy agendas
agendas, the rise in inequality, the record of the neoliberal experiment in the USA, the roles of financial institutions, the growth of global value chains, and trade imbalances and large capital flows. It is of great value to students, scholars, and professionals interested in political economy, economic thought, climate change, sustainability, and business studies.

Format: Paperback / softback
Length: 312 pages
Publication date: 29 January 2024
Publisher: Taylor & Francis Ltd

The four decades of neoliberalism, globalization, and financialization have brought about a series of crises, including financial and pandemic-related crises, as well as escalating inequality. Moreover, the climate emergency poses a significant threat to the future of our planet. This book delves into various aspects that contribute to these crises. It examines the development of policy agendas
agendas aimed at addressing the climate emergency. It also explores the rise in inequality, analyzing the impacts of financialization and the relationships between growth and inequality. The record of neoliberalism in the United States is critically examined, shedding light on its successes and failures. The roles of financial institutions, including public banks and microfinance, are explored, as well as the need for improved financial integration within the Economic and Monetary Union. Global value chains have played a central role in globalization, and the book examines whether these chains offer a path to development. It also examines trade imbalances and large capital flows, discussing their causes and effects in relation to China and South Africa, respectively.

This volume is of immense value to students, scholars, and professionals engaged in political economy, economic thought, climate change, sustainability, and business studies. The chapters in this book were originally published as a special issue of the journal, International Review of Applied Economics.

Weight: 453g
Dimension: 246 x 174 (mm)
ISBN-13: 9781032211466