Issue 2 (2010) pp. 39-58 - Financial fault lines / Ben Hiller
There are almost as many theories of the nature and causes of the global financial crisis as there are toxic assets burning holes in the balance sheets of large financial institutions. The problem with many of the theories is that they haven’t really explained a lot. As the late Peter Gowan noted, ‘Much of the mainstream debate on the causes of the crisis takes the form of an “accidents” theory’ (p. 62). The refrain of capitalism’s defenders has been that a generally good vehicle was crashed...[Show more]
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