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The Financialisation of Capitalism

Level: beginner
Costas Lapavitsas | Netzwerk Plurale Ökonomik, 2015
Perspectives: Marxian Political Economy, Post-Keynesian Economics
Topic: crisis, finance, financialization
Format: Lecture
Duration: 01:01:18
Link: https://www.youtube.com/watch?v=3KvVBQrq7ys&index=2&list=PLHcX3MybUIx5ErLBD-05XMmbc9pyj1nn2

Economist and politician Costas Lapavitsas: presents differing theoretical definitions of financialization, namely from Marxist and Post-Keynesian thinkers and compares their approaches. By presenting pattern and features of the economic and financial crisis, he interprets the latter as a crisis of financialization. Lapavitsas emphasizes his arguments by presenting data from the U.S. and Germany on the transformation of business, banks and households.


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Das Netzwerk Plurale Ökonomik e.V. wird aufgrund seiner Unabhängigkeit und des Einsatzes für Pluralismus und Vielfalt nicht von finanzstarken Interessensgruppen getragen. Deshalb freuen wir uns sehr über eine einmalige oder dauerhafte Spende.