The Financialisation Debate

The Financialisation expansion that turned out to be characterised as The Financialisation of the capitalist economy. Monopoly finance capital became increasingly dependent on financial bubbles that both in credit and capital markets proved to be global sources of endogenous financial fragility. This book emphasises that the main current challenges for reconstructing the foundations of finance require changes in the hierarchies of values in order to re- balance power and create a sustainable future for the planet. In other words re- construction of the foundations of finance relies on a shift in the valuation within the markets in order to guide human actions, business models and policy decisions towards social justice. Remembering Hyman Minsky, we can say that the cutting edge question remains- who will benefit? See more