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Tag Archives: Credit Crisis



A discussion with Richard Dienst, Randy Martin and Bruce Robbins to launch The Bonds of Debt

Join Richard Dienst at New York’s Brecht Forum for a discussion to launch his new book, The Bonds of Debt: Borrowing Against the Common Good. The discussion will be moderated by Jeremy Glick.

Wednesday May 25th, 7.30pm

Brecht Forum
451 West Street (btw Bank and Bethune)
New York, NY 10014

Sliding scale: $6/$10/$15
Free for Brecht Forum Subscribers

Register online here:

And for more information, visit the Verso website:

The credit crisis has pushed the whole world so far into the red that the gigantic sums involved defy understanding. On a human level, what does such an enormous degree of debt and insolvency mean? In The Bonds of Debt, cultural critic Richard Dienst considers the financial crisis, global poverty, media politics and radical theory to parse the various implications of a world where man is born free but everywhere is in debt. 

Written with humor and verve, The Bonds of Debt ranges across subjects—such as Obama’s national security strategy, the architecture of Prada stores, press photos of Bono, and a fairy tale told by Karl Marx—to capture a modern condition founded on fiscal imprudence. Moving beyond the dominant pieties and widespread anxieties surrounding the topic, Dienst re-conceives the world’s massive financial obligations as a social, economic, and political bond, where the crushing weight of objectified wealth comes face to face with new demands for equality and solidarity. For this inspired analysis, we are indebted to him.

Posted here by Glenn Rikowski

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High Finance

High Finance



Upcoming Events

5 November 2009, 5 – 7 pm, SOAS, London

Labour and the Curious Case of Mexican Bank Resilience
Thomas Marois, SOAS

Global Integration of the Turkish Economy in the Era of Financialisation
Nuray Ergunes, Maltepe University, Turkey

Emerging Economy Central Banks and the Crisis of 2007-09
Juan Pablo Painceira, SOAS

Financialisation and Regulation: The Fate of Basle II
Sedat Aybar, Kadir Has University, Turkey

For more information contact or see


International Conference
One Year on from the Panic of 2008: WHITHER FINANCIALISED CAPITALISM?
7 November 2009, 9 am to 6 pm, SOAS, London

09.00-09.45     Registration and Coffee

09.45-12.15     Welcome Addresses and Opening Plenary
Financialised Capitalism and the International Crisis
Gérard Duménil, National Centre for Scientific Research, Paris
Gary Dymski, University of California Center, Sacramento
Costas Lapavitsas, SOAS, London

12.15-13.15 Lunch

13.15-15.30 Parallel Sessions
Contemporary Finance, Regulation and the Real Economy
Malcolm Sawyer, Leeds University Business School
Jan Toporowski, SOAS, London
Paulo L dos Santos, SOAS, London
Varieties of Financialisation
Engelbert Stockhammer, Vienna University of Economics and Business
Trevor Evans, Berlin School of Economics
Claude Serfati, University of Saint-Quentin-en-Yvelines

15.30-15.45 Coffee

15.45-18.00 Plenary
The Social Costs and Implications of Financialisation
Karel Williams and Ismail Erturk, CRESC, Manchester
Andrew Leyshon, University of Nottingham
Robin Blackburn, University of Essex

For more information, contact, or visit

Posted here by Glenn Rikowski

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Neoliberalism and Global Cinema

Call for essays: Neoliberalism and Global Cinema

In the wake of the credit crisis, and subsequent Wall Street bailout in 2008, many consider neoliberalism an outmoded project, with even neoconservatives acknowledging the need for the nation state to play an increasingly interventionist role. However, why then, is it reasonable to say that theorizations of neoliberalism as a “historically produced dialogue and encounter between cultures” (Rofel, 2007) is yet to be an exhausted theme? We aim to move beyond the tendency to totalize neoliberalism as a monolithic template, because it has shown such a “pure” form of capitalism, it becomes especially valuable in understanding the culture and subjectivities capital produces. Particularly when neoliberalism is becoming less popular as an explanatory term for conservatives it is still important to use it as a lens to understand capitalism and its human consequences. Thus we wish to interpret how different subjects and subjectivities were formed and how neoliberalism re-imagined itself through different social and cultural compositions across the globe. Looking back over the last 30 years it seems clear that cinematic representations of a global variety can help to measure such compositions, and that cinema is a crucial medium in conceptualizing neoliberalism’s dubious legacy. Therefore many of the repercussions and immiserations that neoliberalism has caused is still ripe for analysis.

We seek essays for this anthology that address how not only national but diasporic cinemas that contest or comply with such mediated perspectives of culture through neoliberalism—what we might call anti-neoliberal or pro-neoliberal cinemas. Authors should consider how cinema can help to not only understand particular political economic challenges under neoliberalism, but how understanding these challenges can in turn articulate neoliberalism’s contradictory effects on culture. This approach, along with changes in national film industries and global markets, and other related ideas are welcomed How concepts of the nation state, gender, sexuality, and ethnicity were transformed are welcome.

We are interested in gathering work from the following geographical areas: India, Pakistan, Nigeria, Sudan, Senegal, Japan, Brazil, Mexico, Germany, Algeria, Israel, Palestine, Turkey, Egypt, Hong Kong, China, Spain, Italy, Chile, Sweden, Denmark, and the US and UK and comparative perspectives.

Dates and Submissions Policy:
All submissions should not exceed 8,000 words and will be independently peer reviewed. All essays should be sent for consideration to ( ). This anthology has early interest from a publisher and therefore the deadline for submissions is 25th August 2009.


Posted here by Glenn Rikowski

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