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Reforming Regulatory Institutions: Enlarging the Space of Reasons

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  • Kelly Henry

    (Trinity College Dublin)

Abstract

The most recent phase of global capitalism has been characterised by neoliberal arguments which have supported the deregulation of large sectors of world financial markets. This phenomenon has led to so-called financialization with capital attempting to separate itself from the material base of the economy. The instability of this form of economic activity in addition to the highly attractive short-term returns the financial sector has offered has been the main driver of the current global financial crisis.

Suggested Citation

  • Kelly Henry, 2014. "Reforming Regulatory Institutions: Enlarging the Space of Reasons," Journal of Heterodox Economics, Sciendo, vol. 1(2), pages 104-113, December.
    • Handle: RePEc:vrs:joheec:v:1:y:2014:i:2:p:104-113:n:2
    DOI: 10.1515/jheec-2015-0006
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    References listed on IDEAS

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    1. Richard Peet, 2011. "Inequality, crisis and austerity in finance capitalism," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 4(3), pages 383-399.
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