Finance Capitalism and Income Inequality in the Contemporary Global Economy : A Comparative Study of the USA, South Korea, Argentina and Sweden

2023 ed.

by Kuat B. Akizhanov

Book Details

Format Hardback or Cased Book

ISBN-10 3031217675

ISBN-13 9783031217678

Edition 2023 ed.

Publisher Springer International Publishing AG

Imprint Palgrave Macmillan

Country of Manufacture GB

Country of Publication GB

Publication Date Feb 16th, 2023

Print length 228 Pages

Weight 460 grams

Dimensions 15.60 x 21.90 x 2.10 cms

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Ksh 19,800.00

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This book explores the causes of rising income inequality within industrialised, developing, and emerging economies.

This book explores the causes of rising income inequality within industrialised, developing, and emerging economies. The development of finance capitalism over the last 40 years is charted to highlight how the neoliberal restructuring of national and global economies has driven income inequality. With case studies from the USA, South Korea, Argentina, and Sweden, a comparative analysis is presented to reveal how financialisation facilitates uneven capital accumulation and generates conditions that increase income inequality.

This book aims to outline an analytical framework for a financialisation-induced income inequality nexus. It will be relevant to students and researchers interested in the political economy and financial economics.

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