Blog de Juan-Luis Alegret

Blog de Juan-Luis Alegret para compartir lecturas, ideas y sensaciones sobre el estado del mundo y de sus gentes pues no solo hay que saber vivir, sino que también hay que saber donde vives

20 dic. 2012

Financialisation a new paradigm in economic anthropology

It is really strange that, while there is a heated discussion on liberalisation, neoliberalism, privatisation, etc., the most important dimension of globalisation—financialisation—is almost completely ignored. Why this is done is a mystery. The recent global crisis given rise by sub-prime mortgages in America has underlined that, without looking into the history of the rise and proliferation of  financialisation, it is difficult to understand the crisis and its implications.
Fiinancialisation has broken the link between wages and industrial productivity and forged a new one between executive salaries and share price.
 Mishra, G., Finanzialization in Globalized World, 2007

No hay comentarios: