Giovanni Arrighi argues that the financial expansion of the last 30 years will
A) Result in catastrophe, because of deregulation and instability
B) Result in equilibrium, where financial capital will flow to its most efficient uses
C) Result in innovation, because more people will have access to startup funds
D) Result in rising standards of living in the developing world

Question

Quizplus · Accepted Answer

Giovanni Arrighi argues that the financial expansion of the last 30 years, characterized by deregulation and instability, is unsustainable and is likely to result in catastrophic consequences such as financial crises and economic instability.

Giovanni Arrighi Argues That the Financial Expansion of the Last