| Document Type
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BL
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| Record Number
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1014638
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| Doc. No
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b769008
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| Main Entry
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Lewitt, Michael E.
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| Title & Author
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The death of capital : : how creative policy can restore stability /\ Michael E. Lewitt.
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| Publication Statement
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Hoboken, N.J. :: John Wiley & Sons,, ©2010.
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| Series Statement
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Wiley Global Finance Executive Select ;; v. 141
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| Page. NO
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1 online resource (ix, 292 pages) :: illustrations.
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| ISBN
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0470621168
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: 0470622350
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: 1118006518
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: 1282548425
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: 9780470621165
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: 9780470622353
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: 9781118006511
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: 9781282548428
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0470466502
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9780470466506
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| Bibliographies/Indexes
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Includes bibliographical references and index.
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| Contents
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Introduction: the 2008 crisis : tragedy or farce? -- The death of capital -- Capital ideas -- Empty promises -- Financialization -- From innovators to undertakers -- Welcome to Jurassic Park -- The road to hell -- Finance after Armageddon -- Conclusion: "This is later."
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| Abstract
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In The Death of Capital, respected portfolio manager and longtime investment professional Michael Lewitt looks at how the U.S. economy has increasingly been dominated by short-term speculation rather than industrial expansion in recent years. These disastrous trends, described here as financialization, ignore the fact that capital itself is a highly unstable process rather than a fixed object or category. As a result of our failure to understand the true nature of capital, we have developed a financial and regulatory system that does exactly the opposite of what it should be doing.
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| Subject
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Capital.
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Capitalism-- United States.
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Finance-- United States.
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Global Financial Crisis, 2008-2009.
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BUSINESS ECONOMICS-- Finance.
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| Subject
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Capital.
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Capitalism.
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Finance.
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United States.
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| Dewey Classification
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332/.041
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| LC Classification
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HB501.L4125 2010eb
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