{"product_id":"9789715502924-secondhand-booty-capitalism-the-politics-of-banking-in-the-philippines","title":"Booty Capitalism: The Politics Of Banking In The Philippines","description":"\u003cp\u003e\u003cbr\u003e\u003cb\u003eCondition remarks:\u003c\/b\u003e\u003cbr\u003eBook: Good\u003cbr\u003eJacket: No dust jacket\u003cbr\u003ePages: Good\u003cbr\u003eCondition remarks: Condition as shown in image\u003c\/p\u003e\u003cp\u003eIn the labyrinthine world of Philippine finance, power and plunder have long walked hand in hand — Booty Capitalism: The Politics of Banking in the Philippines is a landmark work of political economy that exposes the predatory relationship between the state and the banking sector in one of Southeast Asia's most complex democracies. Paul D. Hutchcroft chronicles how a powerful oligarchy systematically exploited public financial institutions for private gain, detailing the structural weaknesses that allowed rent-seeking elites to capture regulatory bodies and bend the banking system to their will. Drawing on rigorous historical analysis and field research, Hutchcroft constructs a compelling argument that the Philippines represents a distinctive variant of capitalism — one defined not by developmental statecraft but by the unbridled extraction of state resources by a patrimonial business elite.\n\nHutchcroft's analytical framework presents a bold challenge to prevailing theories of Southeast Asian political economy, situating the Philippines in sharp contrast to the developmental states of East Asia. His prose is authoritative yet accessible, weaving institutional theory with vivid historical narrative to illustrate how colonial legacies, oligarchic networks, and weak state autonomy conspired to produce a uniquely dysfunctional financial system. A work of enduring scholarly significance, Booty Capitalism leaves the reader questioning whether genuine reform is ever truly possible when the gatekeepers of capital are also its greatest beneficiaries.\u003c\/p\u003e","brand":"Secondhand Stock","offers":[{"title":"Default Title","offer_id":49203120767195,"sku":"9789715502924-SECONDHAND","price":30.0,"currency_code":"AUD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0523\/7646\/9701\/files\/262436a8-7412-4501-8d52-97974e61672e.png?v=1788144562","url":"https:\/\/bookgrocer.com\/products\/9789715502924-secondhand-booty-capitalism-the-politics-of-banking-in-the-philippines","provider":"Book Grocer","version":"1.0","type":"link"}