Impunity and Capitalism: The Afterlives of European Financial Crises, 1690-1830 Jackson Trevor
Impunity and Capitalism: The Afterlives of European Financial Crises, 1690-1830 Jackson Trevor Whose fault are financial crises, and who is responsible for stopping them, or repairing the damage?…
Specifikacia Impunity and Capitalism: The Afterlives of European Financial Crises, 1690-1830 Jackson Trevor
Impunity and Capitalism: The Afterlives of European Financial Crises, 1690-1830 Jackson Trevor
Whose fault are financial crises, and who is responsible for stopping them, or repairing the damage? Trevor Jackson examines the legal regulation of capital markets in a period of unprecedented expansion in the complexity of finance ranging from the bankruptcy of Europe's richest man in 1709, to the world's first stock market crash in 1720, to the first Latin American debt crisis in 1825. Impunity and Capitalism develops a new approach to the history of capitalism and inequality by using the concept of impunity to show how financial crises stopped being crimes and became natural disasters.
Henceforth financial crises came to seem normal and legitimate, caused by impersonal He shows how, after each crisis, popular anger and improvised policy responses resulted in efforts to create a more just financial capitalism but succeeded only in changing who could act with impunity, and how.
Origin of Financial Crises