ABSTRACT
This conclusion presents some closing thoughts on the key concepts discussed in the preceding chapters of this book. The book investigates the reasons that are at the basis of the increase of income inequality in rich countries in the past three decades. The financialisation of advanced economies, discussed in the book, occurred since the end of the 1970s in the US and the UK and since the end of the 1980s in Western Europe and in other advanced economies. The book also discusses the stagnation/decline of the aggregate demand, which in turn is caused by the worsening of income distribution, and by the change in the labour market, is the main cause for the lower dynamics of gross domestic product (GDP). It argues that an international bank could work to large extent automatically, in order to deal with imbalances and crises, rather than operate on the conditions decided on by a few members.
