Skip navigation

Tag Archives: Engelbert Stockhammer

Eurozone Crisis

THE EURO CRISIS: CAUSES AND REMEDIES

Date: 25 October 2011 , 18:00 to 20:00
Location: JG0001, John Galsworthy Building, Penrhyn Road

Econ Club Panel discussion on: The Euro crisis. Causes and Remedies
With Dimitris Sotiropoulos, José R. Sánchez-Fung, Engelbert Stockhammer and Nick Butler (chair)

Until two years ago the Euro was considered a big success: inflation was low and the poorer countries were catching up rapidly. But since then the situation has changed dramatically. Greece, Ireland and Portugal are in deep recession and had to request support from the other EU countries, because markets have stopped lending to them. A European rescue fund has been set up, but the crisis is spreading to other countries. What are the causes of the crises? What reforms does the Euro system need?

Dimitris Sotiropoulos is a Lecturer at Kingston University. His research focuses on changes in the financial sector and their societal implications. He has recently published Rethinking Imperialism (with J. Milios) He has been living in Greece until a few months ago and will give a first hand report of the situation there.

José R. Sánchez-Fung is Senior Lecturer in Economics at Kingston University and has been Visiting Researcher at the Bank of Finland in Helsinki. His main research area is monetary economics with particular reference to developing countries. He is co-author, with Subrata Ghatak, of the textbook Monetary Economics in Developing Economies.

Engelbert Stockhammer is Professor at Kingston University. He is working on the macroeconomics of distribution and financialization. He has recently published A Modern Guide To Keynesian Macroeconomics and Economic Policies (with E. Hein). He will give a Keynesian account of the crisis.

Nicholas Butler is Head of the School of Economics at Kingston University.

The Econ Club will organise regular extra-curricular events at theSchool ofEconomics to further discussing of timely issues in economic policy and theory. We hope for student participation of these events in the future.

 

Posted here by Glenn Rikowski

The Flow of Ideas: http://www.flowideas.co.uk

MySpace Profile: http://www.myspace.com/glennrikowski

The Ockress: http://www.theockress.com

Rikowski Point: http://rikowskipoint.blogspot.com

Volumizer: http://glennrikowski.blogspot.com

Online Publications at: http://www.flowideas.co.uk/?page=pub&sub=Online%20Publications%20Glenn%20Rikowski

Glenn Rikowski on Facebook at: http://www.facebook.com/glenn.rikowski

Money Menace

WORKSHOP ON WAGE-LED GROWTH

KINGSTON UNIVERSITY, LONDON, 14 JUNE 2011
The Political Economy Research Group
School of Economics
Faculty of Arts and Social Sciences
Kingston University

Is organizing a workshop …

Wage-led Growth: An Alternative to Finance-led Capitalism?

Date: 14th June 2011 , 09:00 to 18:00

Location: JG0003 Penrhyn Road Campus, Kingston, KT1 2EE

Fee: Free, advance registration essential

Neoliberalism has led to a polarization in the distribution of income and given rise to a finance-led growth model that collapsed in the worst crisis since the 1930s. Wage-led growth has recently been proposed as an alternative policy strategy. It aims at linking wage growth to productivity growth and inflation. Growing wages could then generate high demand by fuelling consumption. But such a strategy could also ignite the growth of the capital stock if consumption demand has second round effects on investment, and if wage growth induces technological change and productivity growth. Thus, for a wage-growth policy to be successful, it needs be embedded in an economic policy regime that gives a greater role to labour unions and restrains the financial sector.

The Workshop will introduce recent research on wage-led growth and provide a forum for critical discussion.

Programme: http://fass.kingston.ac.uk/activities/item.php?updatenum=1738

Engelbert Stockhammer
Professor of Economics
Kingston University, Penrhyn Road, Kingston Upon Thames, KT1 2EE, UK
http://staffnet.kingston.ac.uk/~ku44311/
http://fass.kingston.ac.uk/research/perg/

END***

‘I believe in the afterlife.

It starts tomorrow,

When I go to work’

Cold Hands & Quarter Moon, ‘Human Herbs’ at: http://www.myspace.com/coldhandsmusic (recording) and http://www.youtube.com/watch?v=2h7tUq0HjIk (live)

Posted here by Glenn Rikowski

The Flow of Ideas: http://www.flowideas.co.uk

MySpace Profile: http://www.myspace.com/glennrikowski

The Ockress: http://www.theockress.com

Rikowski Point: http://rikowskipoint.blogspot.com

World Crisis

UNDERSTANDING THE GLOBAL FINANCIAL CRISIS

The Richmond University Colloquium in Public & International Affairs (RUCIPA)
This year’s theme is on: “Understanding the Global Financial Crisis”
Friday, 25 March 2011, 17 Young Street, London W8 5EH (Underground: High Street Kensington)

Programme

10.30am Registration

11.00 Welcome Address by Professor Alex Seago, Richmond University

11.15 Professor Bülent Gökay, Keele University, “Global fault-lines three years after: An analysis of the 2008 global economic crisis” (Chair: Dr. Preslava Stoeva, RU)

11.45 – 12.15 Discussion

12.15 – 13.45 Lunch

13.45 Professor Engelbert Stockhammer, Kingston University, “Neo-liberalism, income distribution and the causes of the crisis” (Chair: Professor Wolfgang Deckers, RU)

14.30 Professor Costas Lapavitsas, SOAS, “World crisis, world money: the Euro-crisis and Marxist monetary theory” (Chair: Dr. Sabine Spangenberg, RU)

15.15 – 16.00 Discussion

16.00 – 16.15 Coffee/Tea

16.15 Professor Robert Wade, LSE, “The future of global financial governance” (Chair: Dr. Mike Keating, RU)

17.00 – 17.15 Discussion

17.15 – 18.15 Round Table Discussion with Lapavitsas, Wade, Stockhammer and Gökay chaired by Prof Stephen Haseler, London Metropolitan University and Global Policy Institute

Further info from: Jelena.Pivovarova@Richmond.ac.uk, Tel: 0207-3688437

Supported by http://www.globalfaultlines.com and the Journal of Balkan and Near Eastern Studies (quarterly, Routledge)

Posted here by Glenn Rikowski

The Flow of Ideas: http://www.flowideas.co.uk

MySpace Profile: http://www.myspace.com/glennrikowski

The Ockress: http://www.theockress.com

Rikowski Point: http://rikowskipoint.blogspot.com

Glenn Rikowski on Facebook at: http://www.facebook.com/glenn.rikowski

Volumizer: http://glennrikowski.blogspot.com

Capitalism in Crisis

BEYOND THE HEADLINES – THE POLITICAL ECONOMY OF THE CRISIS

A workshop organised by the Political Economy Research Group

Tuesday 15th June, 9.00-6.00pm
John Galsworthy building JG1005 and JG1006,
Penrhyn Road campus, Kingston University

World capitalism has entered its worst economic crisis since the inter-war period of the twentieth century. Is this crisis simply due to poor regulation of the financial sector or does it reflect an intrinsic instability in capitalism? Does it mark the end of Neoliberalism? What economic policy conclusions are we to draw from the crisis and what will the new rules for financial regulation, monetary policy and fiscal policy look like? Do we need minor reforms or is capitalism itself in question? The workshop will discuss the causes and the nature of the present crisis as well as the future of economic policy, with a special focus on Europe.

Timetable

9.00     Registration + coffee

9.30     Opening (TBA)

10.00-12.00    The causes and the nature of the crisis, chair: Julian Wells

* John Grahl, Middlesex University:  Financial causes of the crisis

* Engelbert Stockhammer, Kingston University: Neoliberalism, income distribution and the causes of the crisis

* Alan Freeman, Association for Heterodox Economics: The causes of the USA’s long-term economic decline

Lunch

13.30-15.30    The future of monetary and fiscal policy, chair: Paul Auerbach

* Victoria Chick, University College London: The return of Keynes?

* Dominique Plihon, University Paris 13: The new role of central banks in financial regulation

* Philip Arestis, Cambridge University: Current Crisis and Economic Policy Implications

16.00-18.00    The future of economic policy in Europe, chair: Engelbert Stockhammer

* Costas Lapavitsas, SOAS: Beggar your neighbour and thyself

*   Ozlem Onaran, Middlesex University:  The Crisis in Europe, East and West

* Malcolm Sawyer, Leeds University: Can the European Union ever have full employment?

Reception

The Political Economy Research Group:

The Political Economy approach highlights the role of effective demand, institutions and social conflict in economic analysis and thereby builds on Austrian, Institutionalist, Marxist, and Keynesian traditions. Economic processes are perceived to be embedded in social relations that must be analysed in the context of historical considerations, power relations and social norms.  As a consequence, a broad range of methodological approaches is employed, and cooperation with other disciplines, including history, law and other social sciences, is necessary.

Booking and further information:
Participation is free, but registration is necessary at http://fass.kingston.ac.uk/activities/conferences/register/
For more information, please visit: http://fass.kingston.ac.uk/activities/item.php?updatenum=1381
For directions: http://www.kingston.ac.uk/aboutkingstonuniversity/location/howtofindus/

Capitalist Crisis

Posted here by Glenn Rikowski

All that is Solid for Glenn Rikowski: https://rikowski.wordpress.com

The Flow of Ideas: http://www.flowideas.co.uk

MySpace Profile: http://www.myspace.com/glennrikowski

Cold Hands & Quarter Moon at MySpace: http://www.myspace.com/coldhandsmusic

Wavering on Ether: http://blog.myspace.com/glennrikowski

 
 

Capitalism

Capitalism

WHITHER FINANCIALISED CAPITALISM?

 

International Conference
One Year on from the Panic of 2008:
WHITHER FINANCIALISED CAPITALISM?
Saturday 7 November 2009, 9 am to 6 pm, SOAS (Rooms G2 and G3), 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: Neoliberalism adrift: Perspectives for the coming decades
* Gary Dymski, University of California Center Sacramento: Reimagining finance in a post-crisis world of neoliberal design mechanisms?
* Costas Lapavitsas, SOAS, London: Will the crisis change the course of financialisation?

12.15-13.15 Lunch

13.15-15.30 Parallel Sessions

Contemporary Finance, Regulation and the Real Economy
* Malcolm Sawyer, Leeds University Business School Re-structuring the financial sector to reduce the burdens imposed on the economy
* Jan Toporowski, SOAS, London: Institutional investors and forced indebtedness: The theory of capital market inflation revisited
* Paulo L dos Santos, SOAS, London: The distinctive content of consumption debt – Varieties of Financialisation
* Engelbert Stockhammer, Vienna University of Economics and Business: The finance-dominated accumulation regime, income distribution and the present crisis
* Trevor Evans, Berlin School of Economics: Limits of finance-led capitalism
* Claude Serfati, University of Saint-Quentin-en-Yvelines: From securitisation to fictitious capital : a political economy of the financial crisis

15.30-15.45 Coffee

15.45-18.00 Plenary
The Social Costs and Implications of Financialisation
* Karel Williams and Ismail Erturk, CRESC, Manchester: Regulatory closure, city elites and the politics of banking reform
* Andrew Leyshon, University of Nottingham: Financialisation ‘off-plan’: Domesticating financial futures and the
displacement of UK buy-to-let
* Robin Blackburn, University of Essex

For more information, contact rmf@soas.ac.uk, or visit http://www.soas.ac.uk/events/event54441.html
 ___________
Jeff Powell
School of Oriental and African Studies (SOAS)
University of London
+44 (0)7817184435

Posted here by Glenn Rikowski

The Flow of Ideas: http://www.flowideas.co.uk

High Finance

High Finance

FINANCIALISATION

 

Upcoming Events

RMF Roundtable: FINANCIALISATION AND DEVELOPING COUNTRIES
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 rmf@soas.ac.uk or see http://www.soas.ac.uk/rmf

 *****

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 rmf@soas.ac.uk, or visit http://www.soas.ac.uk/rmf

Posted here by Glenn Rikowski

The Flow of Ideas: http://www.flowideas.co.uk