Routledge Banking Systems in the Crisis: Faces of Liberal Capitalism

Explore the complexities of modern economic theory with Banking Systems in the Crisis: The Faces of Liberal Capitalism. This volume from the Routledge Critical Studies in Finance and Stability series examines how the 2008 financial crisis impacted confidence in liberal economic policy. While many view liberal capitalism through a single lens, this book demonstrates that the reality is far more nuanced. By analyzing the divergent experiences of six Anglo-Saxon liberal market economies (LMEs), the text reveals the variety existing within these systems. It traces the evolution of liberal capitalism from its resurgence during the 1970s through to its role in the origins of the 2008 crisis. Readers will find a deep examination of the assumptions that support the liberal capitalist paradigm. Rather than a simple "hands off" approach, the research shows how different market structures function in practice. This book is a necessary resource for understanding the historical shifts and structural differences that define contemporary global finance and economic stability.