Crisis and Sustainability The Delusion of Free Markets 1st Edition by Alessandro Vercelli ISBN 1349933740 978-1349933747

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Product details:

ISBN 10: 1349933740 

ISBN 13: 978-1349933747

Author: Alessandro Vercelli

 This book offers a novel interpretation of the Great Recession and the ensuing Euro Crisis as a consequence of the evolution of capitalism since the 1970s. Chapters argue that the neoliberal development trajectory pursued in recent decades is unsustainable, and posit that neither sound macroeconomics nor empirical data support the unqualified faith in free markets that inspired it. The book begins by providing a broad critical perspective on key concepts such as freedom, free market, free trade, globalisation and financialisation, before going on to analyse the long and deep recent crisis as a result of the neoliberal policy strategy adopted since the early 1980s. The alternative narrative outlined in the book provides insights into the policy strategy required to achieve a sustainable development trajectory.

Table of contents: 

1. Introduction: Approach and Basic Concepts

2. Freedom, Free Markets, and Neoliberalism

3. The Globalisation of Markets

4. The Evolution of Financialisation

5. The Neoliberal Trajectory and the Crisis

6. The Neoliberal Financialisation

7. Environment and Sustainability

8. The Eurocrisis

9. Concluding Remarks

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Tags: Alessandro Vercelli, Crisis, Sustainability, Delusion, Free Markets