Powerful Finance and Innovation Trends in a High-Risk Economy

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Powerful Finance and Innovation Trends in a High-Risk Economy
Palgrave Macmillan | 2008 | ISBN: 0230553591 | Pages: 320 | PDF | 5.95 MB



In the 1970s, the large size of enterprises was one of the symbols of the mass production system's rigidity. The second symbol was state interventionism--blamed for the economic difficulties of the period: growing unemployment and upsurge of inflation. Globalisation is characterised by the predominance of deregulated finance ("big finance") over economic activities. Between free enterprise capitalism and monopoly capitalism stands finance-based capitalism. The financial sphere is mobilised to promote variety and reinforce selection.

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Tags: Economy, Trends, Finance, Innovation, Powerful
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