Wednesday, July 23, 2014

C. J. Polychroniou — Predatory Capitalism and Where to Go from Here

Contemporary capitalism is characterized by a political economy that revolves around finance capital, is based on a savage form of free market fundamentalism, and thrives on a wave of globalizing processes and global financial networks that have produced global economic oligarchies with the capacity to influence the shaping of policymaking across nations.[1] As such, the landscape of contemporary capitalism is shaped by three interrelated forces: financialization, neoliberalism, and globalization. All three of these elements constitute part of a coherent whole which has given rise to an entity called predatory capitalism.[2]
Multiplier Effect
Predatory Capitalism and Where to Go from Here
C. J. Polychroniou

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