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Global Capitalism in Disarray: Inequality, Debt, and Austerity

Author

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  • Solimano, Andres

    (School of Entrepreneurship and Business, Universidad Mayor, and Chair, International Center for Globalization and Development, Santiago, Chile)

Abstract

Global capitalism is affected by the malaises of stagnation, financial fragility, increased income inequality, growing wealth concentration at the top, and a vanishing fair social contract. This book focuses on the incidence of these phenomena in the US, UK, Greece, Spain, Chile, South Africa, Australia, China, and other countries. The book looks at the effects of IMF-ECB led austerity policies in Europe. The book examines concrete country and global conditions combining theory, country studies, historical evidence, and international comparative analysis. The book also proposes new policy priorities to restore stability, reduce inequality, and consolidate democracy in 21st century capitalism.

Suggested Citation

  • Solimano, Andres, 2016. "Global Capitalism in Disarray: Inequality, Debt, and Austerity," OUP Catalogue, Oxford University Press, number 9780190626273.
    • Handle: RePEc:oxp:obooks:9780190626273
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    Cited by:

    1. Andrés Solimano & Diego Calderón Guajardo, 2017. "The copper sector, fiscal rules, and stabilization funds in Chile: Scope and limits," WIDER Working Paper Series wp-2017-53, World Institute for Development Economic Research (UNU-WIDER).
    2. Andrés Solimano & Gabriela Zapata-Román, 2019. "Structural transformations and the lack of inclusive growth: The case of Chile," WIDER Working Paper Series wp-2019-118, World Institute for Development Economic Research (UNU-WIDER).
    3. Andres Solimano & Diego Calderón Guajardo, 2017. "The copper sector, fiscal rules, and stabilization funds in Chile: Scope and limits," WIDER Working Paper Series 053, World Institute for Development Economic Research (UNU-WIDER).

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