Tag Archives: financialization

The Causes of Structural Unemployment: Socio-political and Economic perspectives on Changes in Labor Markets

The Causes of Structural Unemployment skillfully integrates socio-political and economic perspectives to highlight the major changes in the structure of labor markets in affluent industrialized nations. Recent years have seen growing concern over declining jobs, and though corporate profits have picked up … Continue reading

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“Crisis, Value & Hope: Rethinking the Economy” — Current Anthropology special issue

“Crisis, value, and hope are three concepts whose intersection and mutual constitution open the door for a rethinking of the nature of economic life away from abstract models divorced from the everyday realities of ordinary people, the inadequacies of which … Continue reading

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Financial liberalization hurts non-financial sectors via a brain-drain effect & decreases labour productivity

This interesting (open access) paper “Finance as a Magnet for the Best and Brightest: Implications for the Real Economy” examines how the absorption of talent into the financial sector affects the real sectors in the economy. Based on a sample … Continue reading

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Financialization, New Investment Funds, and Labour: An International Comparison

Financialization, New Investment Funds, and Labour: An International Comparison provides a comprehensive analysis of the development of New Investment Funds —private equity, hedge funds, and sovereign wealth funds—and their impact upon labour and employment. Several countries are selected for in-depth treatment: US, UK, … Continue reading

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An Angry Person’s Guide to ‪‎Finance‬’ explains in simple terms the defining features of the post-1970s financial system

 >Open access<Jack Copley (University of Warwick) counters the popular narrative that the 2008 crisis was a purely financial failure that a decent set of regulations would solve, by pointing to flagging capitalist profitability as the motor behind such financial expansion. … Continue reading

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The Greek crisis is not just about Greece. “Greece, Financialization and the EU: The Political Economy of Debt and Destruction” opens a new point of view on the global and the European crisis

When the global financial crisis spread to Europe and its weak periphery through the banking sector, few contemplated that the real causes of the crisis did not reside only in the faulty architectures of globalisation and European integration but also … Continue reading

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Financialization and Income Inequality in the United States, 1967–2010

This paper “Financialization and Income Inequality in the United States, 1967–2010” (free access), by Bradford M. Van Arnum and Michele I. Naples, presents a historical overview of the unprecedented growth of the financial sector and its implications on income inequality. The paper shows that … Continue reading

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