Lawless Capitalism : The Subprime Crisis and the Case for an Economic Rule of Law

Ramirez, Steven A.

New York University Press（2014/06発売）

• 製本 Paperback:紙装版/ペーパーバック版／ページ数 277 p.
• 言語 ENG
• 商品コード 9781479845323
• DDC分類 346.73082

Full Description

In
this innovative and exhaustive study, Steven A. Ramirez posits that the
subprime mortgage crisis, as well as the global macroeconomic catastrophe it
spawned, is traceable to a gross failure of law.
The
rule of law must appropriately channel and constrain the exercise of economic
and political power. Used effectively, it ensures that economic opportunity
isn't limited to a small group of elites that enjoy growth at the expense of
many, particularly those in vulnerable economic situations. In Lawless Capitalism, Ramirez calls for
the rule of law to displace crony
capitalism. Only through the rule of law, he argues, can capitalism be
reconstructed.

Contents

A Revolution in Economics (but Not in Law)2. The Corrupted Corporation 3. Animal Spirits and Financial Regulation 4. Rigged Globalization 5. The Costs of Economic Oppression 6. The Crisis in Crisis Management 7. The Potential for an Economic Rule of Law Epilogue: Optimized Legal Infrastructure and the End of Scarcity