Keywords
., Financialization Deregulation Risk regulation Neoliberalism Market governance
BOOK REVIEW: Disembedded: Regulation, Crisis, and Democracy in the Age of FinanceBy Basak Kus, Oxford: Oxford University Press, 2024, 200 pp. $29.95 (paperback). ISBN: 9780197764879
Abstract
.
Basak Kus’s Disembedded examines how decades of financialization led to the 2008 Financial Crisis. She argues that deregulation, regulatory drift, and market-led governance detached financial markets from government oversight, creating systemic vulnerabilities. Drawing from Karl Polanyi, Kus highlights the shift from state protectionism to market self-regulation, exposing individuals to financial risks. She critiques neoliberal policies and suggests future research on post-crisis regulations, European parallels, and geopolitical influences on financialization. However, she overlooks the Cold War's role in shaping US financial policies.
Basak Kus’s Disembedded examines how decades of financialization led to the 2008 Financial Crisis. She argues that deregulation, regulatory drift, and market-led governance detached financial markets from government oversight, creating systemic vulnerabilities. Drawing from Karl Polanyi, Kus highlights the shift from state protectionism to market self-regulation, exposing individuals to financial risks. She critiques neoliberal policies and suggests future research on post-crisis regulations, European parallels, and geopolitical influences on financialization. However, she overlooks the Cold War's role in shaping US financial policies.
Información detallada
Materias, derechos, colecciones e identificadores
URI / Handle
https://doi.org/10.1111/rego.12650Rights
Creative Commons Reconocimiento-NoComercial-SinObraDerivada España