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As accumulation has globalized, national economic indicators such as the balance of payments have been increasingly called on to provide popular measures of national economic performance. Yet at the same time the possibility of defining the national economy as a unit is becoming more ambiguous....
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Financialization challenges some established ways of thinking within Marxist categories. We explore the way in which financialization is not simply shifting the balance of power between classes and generating economic volatility, but also re-constituting our understanding of class (as a formal...
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What are the links between things as diverse as the prices of pork bellies, interest rates, and corporate stock? They are all being translated into risk and priced through the system of derivative markets. Financial derivatives are now the largest form of financial transaction in the world, and...
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