Was the financial crisis of 2007-2008 caused by failures inherent within capitalism or the changing global system? Custom Essay

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*What are the causes of the global financial crisis?
*Two proposed suggestions � (a) the nature of capitalism or (b) the new globalised economy?
*Which do you think is correct? Or neither. Or both.
*Explain the origins of the crisis …
*What happened in 2007-2008?

*Analyse the different arguments � the flaws of capitalism � what are they? Were they present here? The US banking system deregulated
*Global system � interconnection between world banks, the inability to stop the credit crunch, the role of states, the role ICT
*Make your judgement …
*Supporting materials � try to use a range of sources � books, journal articles, internet sources, newspaper articles

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