Scott Aquanno

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Articles

A Prime Competitor: Understanding Amazon’s Market Power

Oct 20, 2024 | socialistproject.ca | Stephen Maher |Scott Aquanno

Economy, Labour • October 20, 2024 • and A large body of scholarship has emerged in recent years attempting to assess if Amazon is a monopoly. Such accounts generally define monopoly in terms of the neoclassical “quantity theory of competition,” which measures competition by the number of sellers in a market.
Is Finance a "Parasite"?

Jun 25, 2024 | publicseminar.org | Scott Aquanno |Stephen Maher |Anna Pick |Teresa Ghilarducci

Illustration from Abhandlungen von Insecten (1764–1779) | D. Jacob Christian Schäffers / Public domainLeftist economics has struggled to counter the powerful metaphors that undergird neoliberalism. The image of the maxed-out national “credit card,” for instance, still pervades media narratives about austerity, despite economists’ best efforts to explain to reporters that government budgets are nothing like household budgets.
El argumento a favor de los controles de capitales

Jun 7, 2024 | rebelion.org | Stephen Maher |Scott Aquanno

Fuentes: Sin permiso La globalización es una forma de guerra de clases. Sin embargo, hoy en día la izquierda ha fracasado a la hora de ofrecer una estrategia coherente para desafiarla. En cierto punto, esto es comprensible: ante el amenazante movimiento MAGA [Make America Great Again] de extrema derecha, centrarse en los peligros de la globalización puede parecer arriesgado ya que podría alimentar sentimientos nacionalistas.
Short clip: Fall and Rise of American Finance

May 26, 2024 | socialistproject.ca | Scott Aquanno |Stephen Maher |s Scott Aquanno

Authors Scott Aquanno and Steve Maher talk about: 0:00 The importance of analysing the financial system 0:40 The Fall and Rise of American Finance 1:00 Challenge the left – finance … Watch video » Authors Scott Aquanno and Steve Maher talk about: 0:00 The importance of analysing the financial system 0:40 The Fall and Rise of American Finance 1:00 Challenge the left – finance is not parasitic, and capitalism is strong 1:50 Four distinct phases of capitalism 2:37 Finance does not signify...
Book launch: The Fall and Rise of American Finance

May 5, 2024 | znetwork.org | Scott Aquanno |Stephen Maher

With authors Scott Aquanno and Steve Maher. Moderated by Lenart Nici. Recorded in Toronto, 27 April, 2024. The Leo Panitch School for Socialist Education is proud to present the launch of the new book from Scott Aquanno and Steve Maher: The Fall and Rise of American Finance: From J.P. Morgan to Blackrock (Verso, 2024). Today, it is all but taken for granted that finance is parasitic on industry.
Book launch: The Fall and Rise of American Finance

May 5, 2024 | socialistproject.ca | Scott Aquanno |Stephen Maher

With authors Scott Aquanno and Steve Maher. Moderated by Lenart Nici. Recorded in Toronto, 27 April, 2024. The Leo Panitch School for Socialist Education is proud to present the launch of the new book from Scott Aquanno and Steve Maher: The Fall and Rise of American Finance: From J.P. Morgan to Blackrock (Verso, 2024). Today, it is all but taken for granted that finance is parasitic on industry.
The Power of Finance Is Inherent to Capitalism

Apr 14, 2024 | znetwork.org | Scott Aquanno |Stephen Maher

Much of the Left sees finance as being parasitic on industry. Financialization, in this view, amounts to financial institutions capturing the state, hollowing out the “real” economy, and hastening the decline of capitalism. But if we survey the last century of capitalist development, we find that, despite the costs to workers and the middle class, financialization has actually boosted competitiveness and strengthened capital – all with the support of an ever stronger and more authoritarian state.
The Power of Finance Is Inherent to Capitalism

Apr 5, 2024 | jacobin.com | Scott Aquanno

Much of the Left sees finance as being parasitic on industry. Financialization, in this view, amounts to financial institutions capturing the state, hollowing out the “real” economy, and hastening the decline of capitalism. But if we survey the last century of capitalist development, we find that, despite the costs to workers and the middle class, financialization has actually boosted competitiveness and strengthened capital — all with the support of an ever stronger and more authoritarian state.
The Fall and Rise of American Finance

Feb 2, 2024 | versobooks.com | Scott Aquanno |Stephen Maher

This book will be shipped when it is published on 13 February 2024. 20% off This book will be shipped when it is published on 13 February 2024. 20% off How Wall Street concocted a more volatile and dangerous capitalismThe Fall and Rise of American Finance traces the collapse and reconstitution of American financial power from the disintegration of robber baron J. P. Morgan’s vast empire to the rise of finance behemoth BlackRock.