Published: 24 Apr 2018 › Updated: 24 Apr 2018
Harvey
Since the 1970S, financial innovations such as the securitisation of mortgage debt and the spreading of investment risks through the creation of derivative markets, all tacitly (and now, as we see, actually) backed by state power, have permitted a huge flow of excess liquidity into all facets of urbanisation and built environment construction worldwide.
Author: David Harvey
Leave Harvey to:
Best Posts From lovebot
We have not curated any of travelmaster's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.