TY - BOOK AU - Ninet,Jacques TI - Negative interest rates: the black hole of financial capitalism T2 - Critical studies on corporate responsibility, governance and sustainability SN - 9781839823763 AV - HB539 .N56 2020 PY - 2020/// CY - Bingley, U.K. PB - Emerald Publishing Limited KW - Interest rates KW - Capitalism KW - Social responsibility of business KW - Business & Economics, Interest KW - bisacsh KW - Economic theory & philosophy KW - bicssc N1 - Includes index; Includes bibliographical references; Prelims -- Introduction -- Part 1 Financial Capitalism: From the Neoliberal Revolution to the Multifaceted Crisis of the Twenty-first Century -- The Great Turn -- Neoliberalism and the Revenge of Rentier Capitalists -- The Underpinnings of Hyper-Financialization -- The Poor Economic and Financial Record of Thirty-five Years of Neoliberalism -- Part 2 Anatomy of a Crisis -- The Single Crisis of the Asset-based Economy -- A Foreseeable but Not Foreseen Crisis -- Deficit and Debt Trap -- A Useless Crisis? -- Part 3 In the Hands of Central Banks -- Central Bank: A Standard Reading -- Some Facts about the Monetary Economy To Better Understand the True Role of Central Banks -- The Short History of Central Banks in the Long History of Money -- Theoretical Foundations of Central Banking: From Monetarism to Dynamic Stochastic General Equilibrium (DSGE) Models -- Does Independence Guarantee Infallibility? -- Are Central Bankers Truly Independent? -- An Astonishing Confession -- Part 4 Who Will Save the Central Banks? -- The Black Hole -- Economic and Financial Consequences of NIRP and ZIRP -- TINA (There is No Alternative)? -- Central Banks: At the Core of the Next Confidence Crisis -- Conclusion -- Afterword -- Appendices -- References -- Index of Names UR - https://doi.org/10.1108/s2043-9059202113 ER -