Capitalism, Fraud, and Moving Forward in a Crisis

Autor: Robyn Hulsart, Vikkie McCarthy
Rok vydání: 2014
Předmět:
Zdroj: Capitalism and the Social Relationship ISBN: 9781349459490
DOI: 10.1057/9781137325709.0022
Popis: Over the past three decades, there have been an increasing number of emerging markets and capitalist economies worldwide. This growing capitalistic global economy has proven to be sensitive and vulnerable due to the interdependence of many local economies. The most recent global economic crisis was exacerbated by the U.S. housing market crash as well as hedge fund and banking scandals. Cases of fraud and unethical corporate conduct by financiers have called into question the American financial institution as well as capitalism itself (Hart, 2010). Some have even argued that ‘capitalism is defunct’ (Abel, 2010).
Databáze: OpenAIRE