Articles

  • 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.

  • 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...

  • 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.

  • 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.

  • 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.

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