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This volume on the political and social economy of financialization in the US focuses on the unexpected consequences of the rise of finance for the American macroeconomy, the financialization of household inequality, and the hollowing out of nonfinancial business enterprises.

The recent banking crisis has brought into question the business model used by most large banks. This collection of essays explores the success of 'alternative banks' - savings banks, cooperative banks and development banks, using case studies from around the world and discussion of both the historical and theoretical context of banking practices.