March 21, 2014
The Bane of Financialization
Money, it seems, has invaded our lives down to the molecular level. Which begs the question: do we control money or does it control us? How much of a paradigm shift is necessary if we are, indeed, to reassert control? Dr. Costas Lapavitsas, using a sophisticated Marxist approach and meticulous empirical analysis, offers some answers in Profiting Without Producing: How Finance Exploits Us All (Verso, 2014). He's extremely well informed, working the cutting edge of money theory. Thanks, Costas! Total runtime thirty seven minutes. (Blame me for iffy audio — this is why mostly I avoid cell phones.) Volentī nōn fit iniūria.