"Vermeiren's Crisis and Inequality is a lucid book that analyses the shift from Keynesianism to neoliberalism and the resulting bifurcation of debt-driven and export-driven growth models, the global financial crisis and the ensuing secular stagnation. It offers a clear examination of the impact of rising inequality and economic instability. This is an important book that demonstrates the vitality of the growth models approach to political economy."Engelbert Stockhammer, King's College London"A must-read on inequality, firmly anchored where it should be, in the politics of macroeconomic policy regimes."Daniela Gabor, University of the West of England, Bristol "Erudite, comprehensive, and stimulating, Crisis and Inequality is the best introduction to economic issues for political science students that I have read... It is an invaluable service to the discipline."Scott Lavery, Sheffield Political Economy Research Institute (SPERI)
List of Figures, Tables and BoxesIntroductionChapter 1 Rising inequality in advanced capitalismChapter 2 The rise and fall of egalitarian capitalismChapter 3 Macroeconomic policy: From "full employment" to "sound money"Chapter 4 Social policy: Globalisation, deindustrialisation and liberalisationChapter 5 Corporate governance: The rise of shareholder capitalismChapter 6 Financial policy: Market-based banking and the global financial crisisChapter 7 Macroeconomic imbalances before and after the crisisChapter 8 The future of egalitarian capitalismNotesReferences
Mattias Vermeiren is Associate Professor of International Political Economy at Ghent University.