Upper Hollingdean Road
The Political Economy of Global Finance – An Alternative Critique
With Mareike Beck
Thursday evenings 7-9pm from 8 Feb to 1 March
Learning Resource Centre at the City Clean Depot, Upper Hollingdean Road, Brighton. BN1 7GA
The recent decades have seen a spectacular transformation of global finance. We have seen an unprecedented rise of finance’s influence in our society, exemplified by the financial crises in 2007 and its on-going impacts on austerity politics. Yet, much of our understanding of the financial system is based on an abstract conception of finance and its power. Thus, the main aim of this course is to break down how finance works concretely in order to build a systematic understanding of the political and social foundations of global financial markets. Firstly, we will examine how finance is rooted in concrete politics, institutions and regulations. In the second half of the course, we will explore this questions more concretely, examining recent financial practices and innovations that govern our everyday lives in the age of austerity. Ultimately, the course aims to promote an alternative and critical perspective on the constitution and dynamics of power within global (and national) financial markets and their role in society.