Russell argues that the success of the New Deal banking reforms in the post-war period initially produced a. .
Liberalism and the Welfare State", Roger E. Backhouse, Bradley W. Bateman, Tamotsu Nishizawa and D.Political Analysis and the Welfare State: Can We Learn from History?
Liberalism and the Welfare State", Roger E.Race, Money, and the American Welfare State. Political Analysis and the Welfare State: Can We Learn from History? March 1995 · Journal of Health Politics Policy and Law. Theodore R. Marmor.
Russell provides a groundbreaking critique of the orthodox position on the nature of New Deal reforms as well as an inno. Remove from Wishlist.
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Banks & Banking Books. New Political Economy. This button opens a dialog that displays additional images for this product with the option to zoom in or out. Tell us if something is incorrect.
Publisher: Routledge. Print ISBN: 9780415541817, 0415541816. The world’s eTextbook reader for students. VitalSource is the leading provider of online textbooks and course materials. More than 15 million users have used our Bookshelf platform over the past year to improve their learning experience and outcomes.
Russell provides a groundbreaking critique of the orthodox position on the nature of New Deal reforms as well as an innovative analysis of the unraveling of those reforms. Russell argues that the success of the New Deal banking reforms in the post-war period initially produced a "pax financus" in which the competitive struggles amongst financial capital were moderated. However, the success of these reforms also produced incentives to undermine the New Deal regulatory framework via a regeneration of competitive struggles among financial capitalists. As these struggles intensified, financial innovations designed to circumvent regulatory restrictions changed the conduct of commercial banking and other financial capitalist activity. As these developments progressed, there has been a resurgence in the diversified financial conglomerates (financial holding companies) reminiscent of those that flourished just prior to the Great Depression. This exceptional work will appeal to historians, economists, and those interested in this vital period of American history.