Ebooks for the Classroom+ @ the USF Libraries

book cover image for Lawless Capitalism: The Subprime Crisis and the Case for an Economic Rule of Law, ISBN=9780814777299

Lawless Capitalism: The Subprime Crisis and the Case for an Economic Rule of Law
ISBN: 9780814777299
Platform/Publisher: JSTOR / NYU Press
Digital rights: Users: unlimited; Printing: chapter; Download: chapter

Subjects: Global Financial Crisis 2008-2009 -- Moral and ethical aspects; Financial crises -- Moral and ethical aspects -- United States; Capitalism -- Moral and ethical aspects -- United States; Corporate governance -- Moral and ethical aspects -- United States; ;

In
this innovative and exhaustive study, Steven A. Ramirez posits that the
subprime mortgage crisis, as well as the global macroeconomic catastrophe it
spawned, is traceable to a gross failure of law.

The
rule of law must appropriately channel and constrain the exercise of economic
and political power. Used effectively, it ensures that economic opportunity
isn't limited to a small group of elites that enjoy growth at the expense of
many, particularly those in vulnerable economic situations. In Lawless Capitalism, Ramirez calls for
the rule of law to displace crony
capitalism. Only through the rule of law, he argues, can capitalism be
reconstructed.

Ramirez Steven A. :

Steven A. Ramirez is Professor of Law and Associate Dean at Loyola University of Chicago, where he also directs the Business and Corporate Governance Law Center.

Ebooks for the Classroom+Faculty