Workshop Organizers: A Few More Remarks

We now propose the following workshop parts:

  • I. Global Context, Experience and Theoretical Basics
  • II. Financialisation and Transnationalisation; Social and Production Structures
  • III. Case Studies in Regard to Countries
  • IV. More specifically on Alternatives

Weiterlesen

Daniela Gabor: The Romanian Financial System: From Central Bank-Led to Dependent Financialisation

This study argues that financialisation is not a phenomenon exclusively associated with complex innovation in highly developed financial markets. Financialisation also affects countries with „shallow“ financial markets but with a significant presence of transnational financial actors that become a powerpul economic and political force able to navigate and shape uneven regulatory and institutional terrains in order to sustain new modes of profit generation. The study distinguishes two stages in the financialisation of the Romanian economy. The first, central bank dominated. Weiterlesen

Jan Toporowski: The Wisdom of Property and the Politics of the Middle Classes

At the end of the twentieth century, while financial economists satisfied their intellectual pretensions to useful knowledge by conjuring up visions of a world peopled with materialistic consumer-investors optimizing rationally in accordance with their willingness to hazard their wealth, the propertied classes themselves were succumbing to new delusions fostered by the financial markets. The reasoned response of propertied individuals to their experience of the world of speculative finance More

 

Jorge Garcia-Arias, Eduardo Fernandez-Huerga, Ana Salvador: European Periphery Crises, International Financial Markets, and Democracy: Moving Towards a Globalized Neofeudalism?

This paper analyzes the origin and causes of the recent economic and financial crises, mainly for the countries located in the periphery of the European Union (EU), as well as their evolution and transformation into social, political, and institutional crises.
After explaining the differential impact of the crises on EU member economies mand critically analysing the unsuccessful orthodox neoclassical policies more

Workshop Organisers: „Wrap Up“

1. A short introduction

We have used and use our international RLF Conference on Rosa Luxemburgs “Accumulation of Capital” http://kapacc.blog.rosalux.de/2013/05/19/100th-anniversary-of-the-accumulation-of-capital-a-contribution-to-an-economic-explanation-of-imperialism-a-century-old-work-remains-current-provocative-and-eminal/ for the preparation process of the 4th EU experts’ discussion. More

Andrea Lagna: American Power in the Age of Financialisation: An Appreciation of Peter Gowan’s Contribution to the Field of International Political Economy

According to a recent report published by the European Commission (2013:14), the global financial crisis has only temporarily stopped the economic growth of the United States (US). In fact, the average per-capita income in this country will return to pre-crisis levels during the period 2014-2023. These figures contrast strikingly with the dim forecast concerning European economies. More