Lawless Capitalism: The Subprime Crisis and the Case for an Economic Rule of Law
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Book Overview
In
this innovative and exhaustive study, Steven A. Ramirez posits that the
subprime mortgage crisis, as well as the global macroeconomic catastrophe it
spawned, is traceable to a gross failure of law.
rule of law must appropriately channel and constrain the exercise of economic
and political power. Used effectively, it ensures that economic opportunity
isn't limited to a small group of elites that enjoy growth at the expense of
many, particularly those in vulnerable economic situations. In Lawless Capitalism, Ramirez calls for
the rule of law to displace crony
capitalism. Only through the rule of law, he argues, can capitalism be
reconstructed.
Format:Hardcover
Language:English
ISBN:0814776493
ISBN13:9780814776490
Release Date:December 2012
Publisher:New York University Press
Length:304 Pages
Weight:1.20 lbs.
Dimensions:1.1" x 6.4" x 9.0"
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