Lawless Capitalism

The Subprime Crisis and the Case for an Economic Rule of Law

Nonfiction, Reference & Language, Law, Business, Business & Finance, Business Reference, Business Law
Cover of the book Lawless Capitalism by Steven A. Ramirez, NYU Press
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Author: Steven A. Ramirez ISBN: 9780814776506
Publisher: NYU Press Publication: December 3, 2012
Imprint: NYU Press Language: English
Author: Steven A. Ramirez
ISBN: 9780814776506
Publisher: NYU Press
Publication: December 3, 2012
Imprint: NYU Press
Language: English

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.

The
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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

The
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.

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