Search results for ""Author Harland Prechel""
Stanford University Press Normalized Financial Wrongdoing: How Re-regulating Markets Created Risks and Fostered Inequality
In Normalized Financial Wrongdoing, Harland Prechel examines how social structural arrangements that extended corporate property rights and increased managerial control opened the door for misconduct and, ultimately, the 2008 financial crisis. Beginning his analysis with the financialization of the home-mortgage market in the 1930s, Prechel shows how pervasive these arrangements had become by the end of the century, when the bank and energy sectors developed political strategies to participate in financial markets. His account adopts a multilevel approach that considers the political and legal landscapes in which corporations are embedded to answer two questions: how did banks and financial firms transition from being providers of capital to financial market actors? Second, how did new organizational structures cause market participants to engage in high-risk activities? After careful historical analysis, Prechel examines how organizational and political-legal arrangements contribute to current record-high income and wealth inequality, and considers societal preconditions for change.
£25.19
Emerald Publishing Limited Politics and Neoliberalism: Structure, Process and Outcome
The articles in this volume directly or indirectly examine central tenets of neoliberalism: interference with market mechanisms is the cause of poor economic performance, and returning to market fundamentalism will restore prosperity. Despite these bold claims, scholars have not examined the extent to which neoliberal policies result in positive outcomes or whether economic successes are explained by neoliberalism. This volume of "Research in Political Sociology" assesses these neoliberal claims. The introductory article compares classical liberalism to neoliberalism, and summarizes the political-legal changes in corporations environment and the redistribution of income and wealth from the mid-1970s to the present in the United States.The first part of this volume examines the effects of neoliberal policies on higher education in the state of Missouri and workers health in Canada, and whether neoliberalism can explain changes in social service provisions and economic development initiatives by local US governments. The second part of this volume examines how the politics of neoliberal reforms affected polices of racial redress in Fuji and Tanzania, and the capacity of neoliberalism to explain economic development and change in the organization of business enterprises in China and India. Together, these articles find little support for the claims of neoliberalism, which suggests that liberalism is better understood as an ideology than as a theory.
£94.83
Stanford University Press Normalized Financial Wrongdoing: How Re-regulating Markets Created Risks and Fostered Inequality
In Normalized Financial Wrongdoing, Harland Prechel examines how social structural arrangements that extended corporate property rights and increased managerial control opened the door for misconduct and, ultimately, the 2008 financial crisis. Beginning his analysis with the financialization of the home-mortgage market in the 1930s, Prechel shows how pervasive these arrangements had become by the end of the century, when the bank and energy sectors developed political strategies to participate in financial markets. His account adopts a multilevel approach that considers the political and legal landscapes in which corporations are embedded to answer two questions: how did banks and financial firms transition from being providers of capital to financial market actors? Second, how did new organizational structures cause market participants to engage in high-risk activities? After careful historical analysis, Prechel examines how organizational and political-legal arrangements contribute to current record-high income and wealth inequality, and considers societal preconditions for change.
£104.40
