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 is not parasitic, and capitalism is strong
• 1:50 Four distinct phases of capitalism
• 2:37 Finance does not signify decline of capitalism
• 3:57 Rise of the authoritarian state
• 4:51 Three political implications
• 7:20 Democratic socialist planning, and turning financial system into a public utility

The full version of this video is available here.