From The Great Transformation To The Great Financialization Download Ebook PDF Epub Online

Author : Kari Polanyi Levitt
Publisher : Zed Books
Release : 2013-08-06
Page : 316
Category : Business & Economics
ISBN 13 : 9781780326498
Description :


Four years into the unfolding of the most serious crisis since the 1930s, Karl Polanyi's prediction of the fateful consequences of unleashing the destructive power of unregulated market capitalism on peoples, nations, and the natural environment have assumed new urgency and relevance. Polanyi's insistence that 'the self-regulating market' must be made subordinate to democracy otherwise society itself may be put at risk is as true today as it was when Polanyi wrote. Written from the unique perspective of his daughter, From the Great Transformation to the Great Financialization is an essential contribution to our understanding of the evolution and contemporary significance of Karl Polanyi's work, and should be read against the background of the accelerating accumulation of global finance that created a series of financial crises in Latin America, Russia, Asia, and, eventually, the heartlands of capitalism itself.


Author : Kari Polanyi Levitt
Publisher : Zed Books
Release : 2013-08-06
Page : 316
Category : Business & Economics
ISBN 13 : 9781780326481
Description :


Four years into the unfolding of the most serious crisis since the 1930s, Karl Polanyi's prediction of the fateful consequences of unleashing the destructive power of unregulated market capitalism on peoples, nations, and the natural environment have assumed new urgency and relevance. Polanyi's insistence that 'the self-regulating market' must be made subordinate to democracy otherwise society itself may be put at risk is as true today as it was when Polanyi wrote. Written from the unique perspective of his daughter, From the Great Transformation to the Great Financialization is an essential contribution to our understanding of the evolution and contemporary significance of Karl Polanyi's work, and should be read against the background of the accelerating accumulation of global finance that created a series of financial crises in Latin America, Russia, Asia, and, eventually, the heartlands of capitalism itself.


Author : Kari Polanyi Levitt
Publisher : Zed Books
Release : 2013-08-06
Page : 316
Category : Business & Economics
ISBN 13 : 9781780326481
Description :


Four years into the unfolding of the most serious crisis since the 1930s, Karl Polanyi's prediction of the fateful consequences of unleashing the destructive power of unregulated market capitalism on peoples, nations, and the natural environment have assumed new urgency and relevance. Polanyi's insistence that 'the self-regulating market' must be made subordinate to democracy otherwise society itself may be put at risk is as true today as it was when Polanyi wrote. Written from the unique perspective of his daughter, From the Great Transformation to the Great Financialization is an essential contribution to our understanding of the evolution and contemporary significance of Karl Polanyi's work, and should be read against the background of the accelerating accumulation of global finance that created a series of financial crises in Latin America, Russia, Asia, and, eventually, the heartlands of capitalism itself.


Author : Kari Polanyi Levitt
Publisher : Zed Books
Release : 2013-08-06
Page : 316
Category : Business & Economics
ISBN 13 : 9781780326481
Description :


Four years into the unfolding of the most serious crisis since the 1930s, Karl Polanyi's prediction of the fateful consequences of unleashing the destructive power of unregulated market capitalism on peoples, nations, and the natural environment have assumed new urgency and relevance. Polanyi's insistence that 'the self-regulating market' must be made subordinate to democracy otherwise society itself may be put at risk is as true today as it was when Polanyi wrote. Written from the unique perspective of his daughter, From the Great Transformation to the Great Financialization is an essential contribution to our understanding of the evolution and contemporary significance of Karl Polanyi's work, and should be read against the background of the accelerating accumulation of global finance that created a series of financial crises in Latin America, Russia, Asia, and, eventually, the heartlands of capitalism itself.


Author : G. Fuller
Publisher : Springer
Release : 2016-04-08
Page : 293
Category : Political Science
ISBN 13 : 1137548738
Description :


Global financial markets have transformed over the past three decades – with potentially dangerous results. Growing competitiveness in financial markets has forced banks to adapt – by merging, growing, and innovating. The result has been an unprecedented transformation in the identity of society's borrowers: households and banks are borrowing more, businesses are borrowing relatively less. This "Great Debt Transformation" has profound consequences: as we shift toward economic growth fueled by consumption and financial investment, instability, indebtedness, and inequality have all risen. This book explains this transformation, why it matters, what caused it, and – most importantly – examines how some countries have restrained the transformation underway. Britain, France, and Germany have taken very different approaches to this transformation – and those approaches have resulted in divergent results. This book aims to turn those different results into lessons to help us make sense of the great economic challenges of our time.


Author : Mareile Pfannebecker
J. A. Smith
Publisher : Zed Books Ltd.
Release : 2020-03-15
Page : 192
Category : Philosophy
ISBN 13 : 178699996X
Description :


Work Want Work considers in captivating detail how a logic of work has become integral to everything we do, even as the place of formal work has become increasingly precarious. With reference to sociological data, philosophy, political theory, legislation, the testimonies of workers and an eclectic mix of cultural texts – from Lucian Freud to Google, Anthony Giddens to selfies, Jean-Luc Nancy to Amy Winehouse – Pfannebecker and Smith lay out how the capitalism of globalized technologies has put our time, our subjectivities, our experiences and our desires to work in unprecedented ways. As every part of life is colonized by work without securing our livelihoods, new questions need to be asked: whether a nostalgia for work can save us, how ideas of work change conceptions of political community, how employment and unemployment alike have become malemployment, and whether the work of our desire online can be disentangled from capitalist exploitation. The biggest question, at a time when the end of work and a fully automated future are proclaimed by Silicon Valley idealists as well as by social democratic politicians and left-wing theorists, is this: how can we propose a post-work society and culture that we will actually want?


Author : Manuel B. Aalbers
Publisher : Routledge
Release : 2016-05-05
Page : 158
Category : Business & Economics
ISBN 13 : 1317361784
Description :


Due to the financialization of housing in today’s market, housing risks are increasingly becoming financial risks. Financialization refers to the increasing dominance of financial actors, markets, practices, measurements and narratives. It also refers to the resulting structural transformation of economies, firms, states and households. This book asserts the centrality of housing to the contemporary capitalist political economy and places housing at the centre of the financialization debate. A global wall of money is looking for High-Quality Collateral (HQC) investments, and housing is one of the few asset classes considered HQC. This explains why housing is increasingly becoming financialized, but it does not explain its timing, politics and geography. Presenting a diverse range of case studies from the US, the UK, the Netherlands, Germany, Italy and Spain, the chapters in this book include coverage of the role of the state as the driver of financialization processes, and the part played by local and national histories and institutions. This cutting edge volume will pave the way for future research in the area. Where housing used to be something "local" or "national", the two-way coupling of housing to finance has been one crucial element in the recent crisis. It is time to reconsider the financialization of both homeownership and social housing. This book will be of interest to those who study international economics, economic geography and financialization.


Author : Karl Polanyi
Publisher :
Release : 1967
Page : 315
Category : Capitalism
ISBN 13 :
Description :



Author : Gilles Allaire
Benoit Daviron
Publisher : Routledge
Release : 2018-11-29
Page : 294
Category : Science
ISBN 13 : 1351210025
Description :


With increasing pressure on resources, the looming spectre of climate change and growing anxiety among eaters, ecology and food are at the heart of the political debates surrounding agriculture and diet. This unique contribution unravels agri-environmental issues at different spatial levels, from local to global, documenting the major shifts in agriculture from a long-term perspective. The book begins by exploring the changes in the industrialisation and socialisation of agriculture over time, through the lens of institutional economics including The French Regulation School and Conventions Theory. Building on Polanyi’s ‘Great Transformation’, the chapters in this volume analyse long-term and contemporary changes in agriculture and food systems that have occurred throughout the last few centuries. Key chapters focus on the historical changes in provisioning and the social relations of production, consumption, and regulation of food in different socio-political contexts. The future of agriculture is addressed through an analysis of controversial contemporary political claims and their engagement with strategies that aim to improve the sustainability of agriculture and food consumption. To shed light on ongoing changes and the future of food, this book asks important environmental and social questions and analyses how industrial agriculture has played out in various contexts. It is recommended supplementary reading for postgraduates and researchers in agricultural studies, food studies, food policy, the agri-food political economy and political and economic geography.


Author : Richard Dobbs
James Manyika
Publisher : PublicAffairs
Release : 2016-08-30
Page : 288
Category : Business & Economics
ISBN 13 : 1610397622
Description :


Our intuition on how the world works could well be wrong. We are surprised when new competitors burst on the scene, or businesses protected by large and deep moats find their defenses easily breached, or vast new markets are conjured from nothing. Trend lines resemble saw-tooth mountain ridges. The world not only feels different. The data tell us it is different. Based on years of research by the directors of the McKinsey Global Institute, No Ordinary Disruption: The Four Forces Breaking all the Trends is a timely and important analysis of how we need to reset our intuition as a result of four forces colliding and transforming the global economy: the rise of emerging markets, the accelerating impact of technology on the natural forces of market competition, an aging world population, and accelerating flows of trade, capital and people. Our intuitions formed during a uniquely benign period for the world economy—often termed the Great Moderation. Asset prices were rising, cost of capital was falling, labour and resources were abundant, and generation after generation was growing up more prosperous than their parents. But the Great Moderation has gone. The cost of capital may rise. The price of everything from grain to steel may become more volatile. The world's labor force could shrink. Individuals, particularly those with low job skills, are at risk of growing up poorer than their parents. What sets No Ordinary Disruption apart is depth of analysis combined with lively writing informed by surprising, memorable insights that enable us to quickly grasp the disruptive forces at work. For evidence of the shift to emerging markets, consider the startling fact that, by 2025, a single regional city in China—Tianjin—will have a GDP equal to that of the Sweden, of that, in the decades ahead, half of the world's economic growth will come from 440 cities including Kumasi in Ghana or Santa Carina in Brazil that most executives today would be hard-pressed to locate on a map. What we are now seeing is no ordinary disruption but the new facts of business life— facts that require executives and leaders at all levels to reset their operating assumptions and management intuition.


Author : Ann Pettifor
Publisher : Verso Books
Release : 2017-03-28
Page : 192
Category : Business & Economics
ISBN 13 : 1786631377
Description :


What is money, where does it come from, and who controls it? In this accessible, brilliantly argued book, leading political economist Ann Pettifor explains in straightforward terms history’s most misunderstood invention: the money system. Pettifor argues that democracies can, and indeed must, reclaim control over money production and restrain the out-of-control finance sector so that it serves the interests of society, as well as the needs of the ecosystem. The Production of Money examines and assesses popular alternative debates on, and innovations in, money, such as “green QE” and “helicopter money.” She sets out the possibility of linking the money in our pockets (or on our smartphones) to the improvements we want to see in the world around us.


Author : Tim Jackson
Publisher : Taylor & Francis
Release : 2016-12-08
Page : 310
Category : Business & Economics
ISBN 13 : 1317388224
Description :


What can prosperity possibly mean in a world of environmental and social limits? The publication of Prosperity without Growth was a landmark in the sustainability debate. Tim Jackson’s piercing challenge to conventional economics openly questioned the most highly prized goal of politicians and economists alike: the continued pursuit of exponential economic growth. Its findings provoked controversy, inspired debate and led to a new wave of research building on its arguments and conclusions. This substantially revised and re-written edition updates those arguments and considerably expands upon them. Jackson demonstrates that building a ‘post-growth’ economy is a precise, definable and meaningful task. Starting from clear first principles, he sets out the dimensions of that task: the nature of enterprise; the quality of our working lives; the structure of investment; and the role of the money supply. He shows how the economy of tomorrow may be transformed in ways that protect employment, facilitate social investment, reduce inequality and deliver both ecological and financial stability. Seven years after it was first published, Prosperity without Growth is no longer a radical narrative whispered by a marginal fringe, but an essential vision of social progress in a post-crisis world. Fulfilling that vision is simply the most urgent task of our times.


Author : Fred Block
Margaret R. Somers
Publisher : Harvard University Press
Release : 2014-04
Page : 296
Category : Business & Economics
ISBN 13 : 0674050711
Description :


What is it about free-market ideas that gives them staying power in the face of such failures as persistent unemployment, widening inequality, and financial crises? The Power of Market Fundamentalism extends economist Karl Polanyi's work to explain why these dangerous utopian ideas have become the dominant economic ideology of our time.


Author : Gregory W. Fuller
Publisher : Palgrave Macmillan
Release : 2016-03-09
Page : 304
Category : Psychology
ISBN 13 : 9781137548726
Description :


Global financial markets have transformed over the past three decades – with potentially dangerous results. Growing competitiveness in financial markets has forced banks to adapt – by merging, growing, and innovating. The result has been an unprecedented transformation in the identity of society's borrowers: households and banks are borrowing more, businesses are borrowing relatively less. This "Great Debt Transformation" has profound consequences: as we shift toward economic growth fueled by consumption and financial investment, instability, indebtedness, and inequality have all risen. This book explains this transformation, why it matters, what caused it, and – most importantly – examines how some countries have restrained the transformation underway. Britain, France, and Germany have taken very different approaches to this transformation – and those approaches have resulted in divergent results. This book aims to turn those different results into lessons to help us make sense of the great economic challenges of our time.


Author : Kari Levitt
Publisher : McGill-Queen's Press - MQUP
Release : 2002-11-21
Page : 193
Category : Business & Economics
ISBN 13 : 0773523111
Description :


First published in 1970, Silent Surrender helped educate a generation of students about Canadian political economy. Kari Levitt details the historical background of foreign investments in Canada, their acceleration since World War II, and the nature of intrusions by multinational corporations into a sovereign state. Silent Surrender was prophetic in predicting that the ultimate consequence of relinquishing control of the Canadian economy to United States business interests would be political disintegration through the balkanization of the country and its eventual piecemeal absorption into the American imperial system. Republished with a new preface by noted scholar Mel Watkins and a postscript by the author, Silent Surrender's basic argument and underlying economic analysis remain remarkably fresh, particularly the question of whether cultural integration into continental American life has proceeded to a point where Canada is no longer a meaningful national community.


Author : National Research Council
Division of Behavioral and Social Sciences and Education
Publisher : National Academies Press
Release : 1995-10-12
Page : 224
Category : Political Science
ISBN 13 : 9780309176903
Description :


Many questions have been raised about America's status in the increasingly interconnected global economy. Yet key facts--such as the amount of foreign assets abroad owned by U.S. citizens--are not known. The crucial data needed to assess the U.S. position are unavailable. This volume explores significant shortcomings in U.S. data on international capital transactions and their implications for policymakers. The volume offers clearcut recommendations for U.S. agencies to bring data collection and analyses of the global economy into the twenty-first century. The volume explores How factors emerging since the early 1980s have shaped world financial markets and revealed shortcomings in data collection and analysis. How the existing U.S. data system works and where it fails how measurements of international financial transactions are recorded; and how swaps, options, and futures present special reporting problems. How alternative methods, such as collecting data, from sources such as global custodians and international clearinghouses, might improve coverage and accuracy.


Author : Roland Atzmüller
Brigitte Aulenbacher
Publisher : Edward Elgar Publishing
Release : 2019
Page : 336
Category : Social Science
ISBN 13 : 1788974247
Description :


Presenting a profound and far-reaching analysis of economic, ecological, social, cultural and political developments of contemporary capitalism, this book draws on the work of Karl Polanyi, and re-reads it for our times. The renowned authors offer key insights to current changes in the relations between the economy, politics and society, and their ecological and social effects.


Author : Gregory W. Fuller
Publisher :
Release : 2019
Page :
Category : Finance, Public
ISBN 13 : 9781788211017
Description :



Author : Constantin Parvulescu
Publisher : Routledge
Release : 2017-12-12
Page : 240
Category : Social Science
ISBN 13 : 1351696645
Description :


Global Finance on Screen is the first collection exclusively dedicated to a growing body of multi-format and multimedia audiovisual work that this book designates as the finance film. Finance film provides critical visualizations of the secretive, elitist, PR firewalled, and gender and race-biased world of finance, and its mysterious characters, jargon and products. It reconstructs for the screen and for broader audiences finance’s logics, responsibilities, practices, and ethos, and traces the effects of money, markets, investment, credit, debt, bubbles, and crashes on our well-being, desires, values, and actions. The chapters for this interdisciplinary collection are written by European and North American scholars in film studies, anthropology, business ethics, cultural studies, political economy, and sociology. They reveal and evaluate the ability of film to document financial cultures; reflect economic, cultural and political transformations related to financialization; indicate the alienating and exploitative consequences of the growing role played by financial services in the global economy; mobilize social action against finance’s excesses; as well as spread finance and capitalist mythology. The collection offers in-depth investigations of feature films such as Wall Street, Freefall, Margin Call, Justice&Co, The Wolf of Wall Street, and The Big Short, and documentaries such as Inside Job, Capitalism: A Love Story and In a Strange Land.


Author : Grace Blakeley
Publisher : Watkins Media Limited
Release : 2019-09-10
Page : 300
Category : Political Science
ISBN 13 : 1912248409
Description :


A must-read polemic about why the 'recovery' from the 2007-08 crash mostly benefited the 1%, and how democratic socialism can save us from a new crash and climate catastrophe. For decades, it has been easier to imagine the end of the world than the end of capitalism. In the decade leading up to the 2008 financial crisis, booming banks, rising house prices and cheap consumer goods propped up living standards in the rich world. Thirty years of rocketing debt and financial wizardry had masked the deep underlying fragility of finance-led growth, and in 2008 we were forced to pay up. The decade since has witnessed all kinds of morbid symptoms, as all around the rich world, wages and productivity are stagnant, inequality is rising, and ecological systems are collapsing. Stolen is a history of finance-led growth and a guide as to how we might escape it. We've sat back as financial capitalism has stolen our economies, our environment and even the future itself. Now, we have an opportunity to change course. What happens next is up to us.