After COVID-19: Can we tame global finance?

After COVID-19: Can we tame global finance?

The Covid-19 pandemic has illustrated how irrational the financial sector has become. Even as the real economy has ground to a halt, stock prices have gyrated wildly, first collapsing, then shooting up. Even as hundreds of millions suffer, big tech corporations like...
Globalization and Financialization

Globalization and Financialization

Excerpts from Walden Bello, “Global Finance, Power and instability”, in Trans National Institute, State of Power 2019, https://www.tni.org/en/stateofpower2019 In the wake of the neoliberal programme of the 1980s, the interests and focuses of capitalism turned towards...