{"id":34371,"date":"2024-06-13T05:29:03","date_gmt":"2024-06-13T05:29:03","guid":{"rendered":"https:\/\/eces.org.eg\/?p=34371"},"modified":"2024-06-13T05:30:55","modified_gmt":"2024-06-13T05:30:55","slug":"the-fall-and-rise-of-american-finance","status":"publish","type":"post","link":"https:\/\/eces.org.eg\/en\/the-fall-and-rise-of-american-finance\/","title":{"rendered":"The Fall and Rise of American Finance"},"content":{"rendered":"\n<p><strong>Overview:<br>How Wall Street concocted a more volatile and dangerous capitalism<\/strong><\/p>\n\n\n\n<p>The Fall and Rise of American Finance traces the collapse and reconstitution of American financial power from the disintegration of robber baron J. P. Morgan\u2019s vast empire to the rise of finance behemoth BlackRock. Contrary to what is taken for common sense by figures from Hillary Clinton to Bernie Sanders, Maher and Aquanno insist that financialization did not imply the hollowing out of the \u201creal\u201d economy or the retreat of the state. Rather, it served to intensify competitive discipline to maximize efficiency, profits, and the exploitation of labor\u2014with the support of an increasingly authoritarian state.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Overview:How Wall Street concocted a more volatile and dangerous capitalism The Fall and Rise of American Finance traces the collapse and reconstitution of American financial power from the disintegration of robber baron J. P. Morgan\u2019s vast empire to the rise of finance behemoth BlackRock. Contrary to what is taken for common sense by figures from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":34372,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70],"tags":[],"class_list":["post-34371","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-selected-books"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Fall and Rise of American Finance - ECES<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/eces.org.eg\/en\/the-fall-and-rise-of-american-finance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Fall and Rise of American Finance - ECES\" \/>\n<meta property=\"og:description\" content=\"Overview:How Wall Street concocted a more volatile and dangerous capitalism The Fall and Rise of American Finance traces the collapse and reconstitution of American financial power from the disintegration of robber baron J. 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