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This book explores the renewal of forms of capital accumulation and
the institutions that shape it. It focuses on three main sources of
accumulation: the extraction of profit through labor and the
commodification of nature, financial speculation and the ways in
which profit is converted into wealth. It thus offers a new
understanding of the economic and political logics of capital
accumulation within capitalism in the 21st century. It shows the
recomposition of the sources of profit, from the traditional
mechanisms of labor exploitation to the contemporary logics of
speculation and dispossession. Bringing together the work of
scholars who study the social fabric of capitalist accumulation,
Accumulating Capital Today goes beyond disciplinary frontiers to
describe how capital is accumulating in a world threatened by
social and environmental collapse. This book heralds the emergence
of "accumulation studies" and will be of interest to researchers in
sociology, anthropology, politics, political economy, geography and
economics.
Powerful financial forces have supported the neoliberal project
since the 1980s to advance their interests; but there are now signs
that these forces have a new face and a new strategy. The majority
of the British finance sector threw its support behind Britain
leaving the European Union, a flagship institution of
neoliberalism. Beyond this counterintuitive move, what was really
happening and why? Alt-Finance examines a new authoritarian turn in
financialised democracies, focusing on the City of London,
revealing a dangerous alternative political project in the making.
In a clash with traditional finance, the new behemoths of financial
capital - hedge funds, private equity firms and real estate funds -
have started to cohere around a set of political beliefs, promoting
libertarian, authoritarian, climate-denying and Eurosceptic views.
Protecting investments, supressing social dissent and reducing
state interference are at the core of their mission for a new world
order. By following the money, the authors provide indisputable
evidence of these worrying developments. Through a clear analysis
of the international dealings of this new authoritarian-libertarian
regime, not just in Britain but in the US and Brazil, we can
understand how our world is being shaped against our will by
struggles between dominant groups.
This book explores the renewal of forms of capital accumulation and
the institutions that shape it. It focuses on three main sources of
accumulation: the extraction of profit through labor and the
commodification of nature, financial speculation and the ways in
which profit is converted into wealth. It thus offers a new
understanding of the economic and political logics of capital
accumulation within capitalism in the 21st century. It shows the
recomposition of the sources of profit, from the traditional
mechanisms of labor exploitation to the contemporary logics of
speculation and dispossession. Bringing together the work of
scholars who study the social fabric of capitalist accumulation,
Accumulating Capital Today goes beyond disciplinary frontiers to
describe how capital is accumulating in a world threatened by
social and environmental collapse. This book heralds the emergence
of "accumulation studies" and will be of interest to researchers in
sociology, anthropology, politics, political economy, geography and
economics.
Powerful financial forces have supported the neoliberal project
since the 1980s to advance their interests; but there are now signs
that these forces have a new face and a new strategy. The majority
of the British finance sector threw its support behind Britain
leaving the European Union, a flagship institution of
neoliberalism. Beyond this counterintuitive move, what was really
happening and why? Alt-Finance examines a new authoritarian turn in
financialised democracies, focusing on the City of London,
revealing a dangerous alternative political project in the making.
In a clash with traditional finance, the new behemoths of financial
capital - hedge funds, private equity firms and real estate funds -
have started to cohere around a set of political beliefs, promoting
libertarian, authoritarian, climate-denying and Eurosceptic views.
Protecting investments, supressing social dissent and reducing
state interference are at the core of their mission for a new world
order. By following the money, the authors provide indisputable
evidence of these worrying developments. Through a clear analysis
of the international dealings of this new authoritarian-libertarian
regime, not just in Britain but in the US and Brazil, we can
understand how our world is being shaped against our will by
struggles between dominant groups.
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