Author: Scott Aquanno
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A Prime Competitor: Understanding Amazon’s Market Power
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 … Keep reading »
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Short clip: Fall and Rise of American Finance
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 »
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Book launch: The Fall and Rise of American Finance
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 … Watch video »
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The Power of Finance Is Inherent to Capitalism
Analysts of financialization often present it as a sign of capitalist decline, yet the rise of finance has actually strengthened capitalist domination. The only way to challenge this power is by converting finance into a public utility. Keep reading »
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The New Finance Capital has Blurred the Line Between Industrial and Financial Corporations
Critical scholars and progressive politicians alike have today widely embraced the view that finance is a parasitical and corrosive force on the “real” industrial economy. According to this perspective, ‘financialization’ … Keep reading »
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From Neoliberalism to the New Finance Capital
As the global economy entered another historic crisis in March 2020, the US Federal Reserve implemented a massive support program to stabilize financial markets. In doing so, it expanded upon … Keep reading »
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The Bank of Canada: In Crisis and Beyond
Viewing the COVID-19 pandemic as a purely exogenous shock, Canadian economists and policymakers have tended to predict a quick return to economic growth once health restrictions are lifted. As an … Keep reading »
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Conversion: Alternatives for the GM Shutdown
GM’s announcement that it will halt production at its award-winning assembly plant in Oshawa, Ontario was hardly a surprise, though it still managed to stun the federal and Ontario governments. #SaveOshawaGM #GreenJobs Keep reading »