No . 275 MINSKY ' S ANALYSIS OF FINANCIAL CAPITALISM
نویسندگان
چکیده
Hyman Minsky used to joke that there are as many varieties of capitalism as Heinz has pickles--57. (Minsky 1991) In this contribution, we will be analyzing one of them--the general form of post-war capitalism taken in the developed countries, which can be characterized as Financial Capitalism. Obviously, there are differences in the specific form that financial capitalism takes over the postwar period in each of these countries, as well as cross-country differences. However, Minsky's model is applicable to all of them, at least at a general level.
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