William Lazonick: Profits Without Prosperity:
1,495 more wordsFive years after the official end of the Great Recession, corporate profits are high, and the stock market is booming. Yet most Americans are not sharing in the recovery.
Tags » Financialization
Essential Article: Profits Without Prosperity
Understanding the financialization of the city
The role of finance and financial actors in shaping the city is increasingly key to understanding some contemporary urban problems. Why are rents rising? Why is office space being built when we’re in the middle of a homelessness crisis and desperately need to increase the supply of affordable housing? 1,234 more words
Challenges of balancing scholarly engagement and critique: A reflection on social studies of finance
By Suhaib Riaz. *
“Socializing finance” has become shorthand to describe the research that several scholars (including me) are engaged in related to social studies of finance. 966 more words
New Frontiers #2: Energy Infrastructure
This is the second in a short series of posts about new sites of contestation that are emerging outside of the city – the usual focus for Dublin-based activists and social movements. 2,782 more words
Coming of Age in the Financialized Pokéconomy
In recognition of the Pokémon franchise with the release of the augmented reality game Pokémon Go, I thought I’d share “Play: Coming of Age in the Speculative Pokéconomy,” a chapter from my 2014 book… 180 more words
Capitalism For Dummies
God knows, I’m no financial wizard. I took a course in “Money and Banking” while in college and did my term paper on “The Roman Monetary System” to avoid the final exam. 479 more words
Brexit: The Tectonic Plates
The Brexit referendum is nothing less than an earthquake. But when an earthquake happens, seismologists try to understand how and why the tectonic plates had been shifting, and the pressures that had been building to bring about the event. 2,623 more words
