financial capital

The Functions of Financial Markets for the Capitalist Economy

In contrast to some Keynesian authors who constantly describe of all sorts of dysfunctions of financialisation, in this book we assume rather that the neoliberal model of financialisation and its austerity policies have proven to be a relatively effective strategy […]

The Functions of Financial Markets for the Capitalist Economy

The Financial Capital – State Nexus

The interconnection or linking of government and financial capital is written now in academic literature today as the operational-organisational state-financial nexus. (Cf. Malik 2014) This state-financial nexus (the state’s management of the economy by ministries of finance, central banks, informal

The Financial Capital – State Nexus

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