Skip navigation

Tag Archives: Finance Capitalism

Money, money, money

Money, money, money


Researchers with an interest in EU public finances are welcome to apply for a €5,000 grant to undertake a research visit to the Historical Archives of the European Union in Florence, Italy.  Two grants are available.

The grant programme is organised by the European Court of Auditors, in collaboration with the Historical Archives of the EU, on the campus of the European University Institute.

The European Court of Auditors has entrusted its own historical archives, and the archives of the Audit Board (1958-1977), to the Historical Archives of the EU in Florence.

Applications from economists, historians, lawyers and public-finance specialists are very welcome.

The deadline for applications is 15 June 2015.

Full details are on this web page:


‘Human Herbs’ – a song by Cold Hands & Quarter Moon:

Posted here by Glenn Rikowski

Glenn Rikowski @ Academia:


Rikowski Point:

Fat Cat Food

Fat Cat Food


Call for participants

The Open Political Economy Network (OPEN) of The Open University will be holding its first workshop on Friday, 26 June.

Title: Money, debt and finance: towards a political economy of financial innovation

Organisers: Dimitris P. Sotiropoulos (The Open University Business School) and Andrew Trigg (Department of Economics, The Open University).

Date: Friday 26 June 2015

Place: The Open University in London, Room 2 (Ground Floor), 1-11 Hawley Crescent, Camden Town, London NW1 8NP. Nearest underground: Camden Town (Northern Line).

Modern developments in financial innovation, usually described by the term ‘financialization’, have been mostly approached from two distinct viewpoints. On the one hand, the mainstream financial literature heavily downplays the historical and social nature of financial innovation in relation to risk management. On the other hand, critical approaches in the field of political economy tend to see contemporary trends in financial innovation as a distortion of capitalist economic structures. This event explores an alternative research agenda in political economy based on Marx’s analysis and other related currents in Political Economy. Financial crises can thus be seen as moments innate in the workings of the economic system but not necessarily a sign of decline; finance and financial innovation can be integral to capitalism and not parasitic or dysfunctional within it.

By drawing on the research and expertise of a diverse range of scholars, the event will explore possible foundations for a new analytical paradigm for considering the political economy of money, debt and financial innovation. The workshop is also an opportunity for participants (academics, students, activists) to engage in a dialogue with the speakers and share their perspectives about the development of this paradigm.

Speakers will include (in alphabetical order):

Paul Auerbach, Kingston University, London

Riccardo Bellofiore, University of Bergamo, Italy

Ole Bjerg, Copenhagen Business School, Denmark

Dick Bryan, University of Sydney, Australia

Bob Jessop, Lancaster University, UK

John Kannankulam, Marburg University, Germany

Spyros Lapatsioras, University of Crete, Greece

John Milios, National Technical University of Athens, Greece

Dimitris P. Sotiropoulos, The Open University Business School, UK

Jan Toporowski, SOAS, London

Andrew Trigg, The Open University, UK


Workshop details

The workshop is funded by the Open University research centre, IKD, and is open to all. Registration is free but necessary as there are limited spaces available. Lunch and refreshments will be provided. More information will follow, including a programme and abstracts of papers.

For registration please email: Atalanta Richards at

For further information:


First Published in



‘Human Herbs’ – a song by Cold Hands & Quarter Moon:

Posted here by Glenn Rikowski

Glenn Rikowski @ Academia:

Glenn Rikowski @ ResearchGate:

Online Publications at The Flow of Ideas:


Rikowski Point:




Call for Papers—The Financialized Imagination and Beyond
Special issue of TOPIA: Canadian Journal of Cultural Studies, Fall 2013
Proposals due: September 14, 2012

Link to PDF version of the CFP:

Edited by Max Haiven (New York University/Nova Scotia College of Art and Design University) and Jody Berland (York University)

Narrowly defined as the so-called “FIRE” industries (high finance, insurance and real estate), finance has gained tremendous power over the global economy in recent years. Critics describe “financialization” as a profound and far-reaching social and cultural shift. Advances in financial modelling, computing and communications technology have changed the nature and power of financial speculation, but the vast expansion of new forms of debt, credit and everyday financial services have also had dramatic impacts on daily life. From credit cards to sub-prime mortgages, from student debt to the privatization of pensions, from pay-day loans to online stock trading, financial practices have become mainstream cultural issues. Films, biographies, novels, television shows and web-texts about finance and financiers (lionized or demonized) are more popular than ever. Logics of finance inform and shape public policy and social institutions, from hospitals and schools to science and cultural production, with “risk management,” “return on investment,” and “market efficiency” as key weapons of the neoliberal lexicon. Driven in part by immaterial, speculative, leveraged wealth, capitalism normalizes precarious labour and life in both material and immaterial forms, and each of us is expected to manage our risk portfolios and embrace a life of endless speculation. While the politics of debt, predatory lending and speculative capital have long shaped geopolitical realities, especially in the developing world, the unapologetic “age of austerity” threatens a new intensity of inequality and exploitation, with dramatic human and ecological consequences.

Facing continuous global financial crises and new social movements emerging to contest this “age of austerity,” cultural studies has important questions to ask about the financialized imagination. How is “finance” represented in fiction, film, journalism and art? How is finance itself a form of “representation” as well as a cultural phenomenon driven by beliefs, narratives and technologies? How do representational technologies contribute to the production of wealth? How do we explain the charisma of the speculator, the valorization of “risk management” and the fetishization of “financial literacy” under hyper-neoliberalism? What are finance’s effects on cultural production and the political economy of culture? How is the rise of digitized financial power related to the global play of material and immaterial economics, labour and culture? How is financialization connected to and expressed through race, class, gender, sexuality, colonialism, imperialism and ablism? What are the geopolitical and affective consequences of financialization? How do we historicize and “periodize” financialization, and what is at stake in analyzing what Marx called “fictitious capital”? What are the effects of financialization on everyday culture? How is debt linked to politics of precarity, disposability or borders? Are there ecologies of financialization? How does finance’s tremendous power to commodify potential futures as present-day “risk” affect how we imagine the future? What are the contours and limits of the “financialized imagination”? Have we moved from a society of the spectacle to a society of speculation? What lies beyond?

Social movements such as the Occupy movement and, more broadly, anti-austerity struggles from Athens to Chile, Nigeria to India, Korea to Montreal have been waging cultural struggles over the meaning of debt, the uses and abuses of banking, and the nature of economic power. Critical films, fiction, blogs and other genres seek to probe finance, financialization and the financial crisis, with varying degrees of success.

TOPIA invites contributors to propose academic articles, shorter “offerings,” reviews and review essays for a special issue on the “financialized imagination and beyond.” Themes and topics include (but are not limited to):


*Cultural representations of finance, financialization, financiers and the financial crisis in and across media

* The cultural politics of debt and credit in everyday life: government spending, ecological debt and debt as a paradigm of social discipline

* Finance as representation of space, time, knowledge, culture, materiality or immateriality

* Calculation and the new common sense: the fate of futurity, the cultural idiom of speculation and the practices of “risk management”

* Finance capital(ism) and the politics and economics of cultural production: the financing of culture

*The cultural politics of crisis

*The interplay of oppressions (gender, sexuality, race, class, ability, citizenship) and finance, from racialized predatory sub-prime lending to women-focused microcredit schemes, from the “Wall Street Man” to the legacies of debt-bondage and slavery

* The roots and legacies of colonialism and imperialism in finance (and vice versa)

* The financialization of daily life and social institutions

* The cultural and affective dimensions of finance, financial labour and financial speculation: how are cultures of speculation built and reproduced? What does financial wealth represent? What kinds of affects and sensations are produced by wealth through speculation, display, or loss?

* Tension and interplay between material and immaterial capital, labour and culture, money and power

* Historical precedents and patterns of finance and financialization: narrating events from Tulip Mania to the collapse of the Asian Tigers; from the speculative value of enslaved Africans to the predatory sub-prime mortgage industry that thrived on inner-city poverty 

* Struggles against finance, financialization and austerity, and their spaces, strategies, narratives, potentials and limits

* Horizons beyond the crisis
Prospective authors should submit a 300-word proposal, accompanied by a brief biographical note, to the editors by September 14, 2012. Selected authors will be invited to prepare articles by February 15, 2013, with publication dependent on the peer-review process. The issue will be published in Fall 2013.

More information can be found at TOPIA’s website,

Please direct proposals and queries to Max Haiven at, and to Jody Berland at

Originally published in  


‘Human Herbs’ – a new remix and new video by Cold Hands & Quarter Moon:

‘Cheerful Sin’ – a song by Victor Rikowski:

Posted here by Glenn Rikowski

The Flow of Ideas:

Cold Hands & Quarter Moon:




27 June: 2pm – 7pm

Seminar 1 – East Park Design Centre, 200.1.39 (first floor), Loughborough University 
Speakers: Christophe Bruno, Neil Cummings, Open Music Archive, Toni Prug, Stevphen Shukaitis

Moderated by: Kuba Szreder

The Politicized Practice Research Group (PPRG) and Radar are initiating a new events series devoted to the critical examination and evaluation of social forms through which ‘values’ are produced, perpetuated and extracted in contemporary society and economies, in arts and culture. The sessions will invite a number of speakers and thinkers from a range of disciplines to share their thoughts and ideas on the subject of value. We will develop a particular focus on contemporary art, also inviting artists who address questions of value through, in and with their practice.

The Questions of Value events aim to explore the variety of modes of valorisation, through which certain objects, ways of living, emotions, and even human beings are rendered as ‘valuable’ while others are neglected as unwanted and disposable.  The series will review and assess some of the contemporary debates and theories in which the concept of ‘value’ is central, from economics and ethics to mathematics and semiotics. The seminars will encompass a wide range of subjects, including the semiotics of speculation and the economics of financial capitalism, as well as contemporary forms of appropriating and extracting value.

In the first session of the series – we are delighted to welcome Christophe Bruno, Neil Cummings, Open Music Archive, Toni Prug and Stevphen Shukaitis to Loughborough to discuss questions of value with a focus on – From Commons to Communomics: Resisting Privatization. Christophe Bruno will unveil the mechanisms that create and capture the value of symbols in semio-capitalism.  Neil Cummings will investigate the notion of abundance of the commons from a future perspective, imagining what kind of evaluative structures will evolve if the dogma of scarcity and economic restriction is abolished. Open Music Archive will present their project ‘Song division’, which resists the enclosures of public domain by copyright regimes and proprietary intellectual ownership.  Toni Prug will conceptualize communomics as based on an egalitarian theory of value, encompassing modes of measuring the utilitarian value of things and services without attaching a price tag to them. Stevphen Shukaitis will talk about the class composition of the metropolitan factory, locating the question of the commons in a contemporary urban context.

A New Series of Events at Loughborough University School of the Arts in conjunction with the Politicized Practice Group and Radar

To book please email:

Convened by: Corina Oprea and Kuba Szreder



‘Human Herbs’ – a new remix and new video by Cold Hands & Quarter Moon:

‘Stagnant’ – a new remix and new video by Cold Hands & Quarter Moon:  

‘Cheerful Sin’ – a song by Victor Rikowski:

‘The Lamb’ by William Blake – set to music by Victor Rikowski:

Posted here by Glenn Rikowski

The Flow of Ideas:

MySpace Profile:

Online Publications at:


Work, work, work for capital




with Vic Murray, Schulich School of Business, York University

October 29, 2010
9:30 am – 4:00 pm
Social Economy Centre (OISE/UT)
252 Bloor St. West (ROOM TBA), Toronto (St. George Subway Station)

Join us in this workshop to:

– Explore the gaps between the ideal and reality in board governance
– Learn how to develop ways of bringing the ideal and reality closer together
– Learn how to use contingency-based analysis and tailored board development approaches

Cost: $140 + HST; Each additional participant from the same organization will receive a $15 discount, as will those who register for more than one workshop. Student rate available. Refreshments, coffee & tea served, but lunch not provided.

To register: or contact Lisa White at or 416-978-0022.



The University of Toronto Department of Sociology is pleased to announce an important lecture by:

Professor Frances Fox Piven, CUNY Graduate Center

Friday October 15, 2010
1:30 pm
Room 240, 725 Spadina Avenue, Toronto

A leading scholar and political activist, Frances Fox Piven was recently president of the American Sociological Association and is former Vice-President of the American Political Science Association. Her most recent book is Keeping Down the Black Vote (2009). Other books include Challenging Authority: How Ordinary People Change America (2006), The War at Home: The Domestic Causes and Consequences of Bush’s Militarism (2004), Why Americans Still Don’t Vote (2000), Breaking of the American Social Compact (1997) and Regulating the Poor: The Functions of Public Welfare (updated edition, 1993).



Friday, October 15
2:00 PM – 4:00 PM
108N – North House
Munk School, University of Toronto, 1 Devonshire Place

Speaker: Heide Solbrig (Assistant Professor of Media and Culture at Bentley College)

Sponsored by Centre for the Study of the United States

Co-sponsored by University of Western Ontario , Cinema Studies, Innis College , University of Toronto

Register online at:



Wednesday, October 13, 2010
Noon – 1:30 pm
Ontario Institute for Studies in Education, University of Toronto
252 Bloor St. West, Toronto
Room 12-199


Susan Henry, Corporate Social Responsibility – Alterna Savings
Kenn Ross, Miziwe Biik
Alex Kjorven, ACCESS Community Capital Fund

– Susan Henry will discuss the Community Micro-Loan Program’s impact on clients, Alterna Savings itself, as well as the overall social return on investment.
– Kenn Ross will talk about the unique aspects of lending to Aboriginal entrepreneurs.
– Alex Kjorven will explore the challenges of lending in specific neighbourhoods; in particular, the new Regent Park area.

Moderator: Ann Jamieson, Toronto Enterprise fund, United Way Toronto, will provide context and background information for this discussion.

Bring your lunch and a mug. Water, coffee and tea will be provided.

For more information, please contact Lisa White:

This event will also be webcast live on the Internet.  Please see our website for detailed instructions:



October 27th, 2010
5:30 – 7:30 PM
Centre for Social Innovation
215 Spadina Avenue, Suite 400

We know we live in times of democratic crisis- only 60% of Canadians voted in the last election, and of that number, only 37% of 18-24 year olds. We hear everyone from politicians to pundits explaining reasons why more and more people are disenfranchised with the current system. And yet, the answers are always ‘out there’. Rarely do we look deep enough to understand the root causes of democratic disengagement.

Join special guest Julie Diamond for a provocative presentation and shared imagining of a society where everyone has agency. With municipal, provincial and federal elections coming up in the next year, deep democracy offers some tantalizing possibilities of how to evolve our system at the level of consciousness that created it.

US based thought leader Julie Diamond is a trainer, facilitator and consultant, who has been working in the field of human and organizational change for over 25 years. The author of two books, she currently serves as the Vice President of Academic Affairs for the Process Work Institute of Portland. She writes about issues of leadership, power and learning on her blog, A User’s Guide to Power.

Event Fee(s)   
General ($20 + HST)     $ 22.60
CSI Member ($10 + HST)  $ 11.30

To register:



Sponsored by the Work and Learning Network in partnership with the Prairie Metropolis Centre

Tuesday, October 19, 2010
10:00 AM – 3:30 PM
Stanley Milner Public Library
Edmonton Room, Downtown Edmonton

Come and join us as we share information about policies, practices, and research related to TFWs in Manitoba and Alberta.  

Acknowledging the diversity of workers involved, this symposium focuses on one area that has been a focus of recent recruitment — nursing.

Questions addressed by our speakers from health, government, and research communities in Alberta and Manitoba relate to the workings of immigration and credential assessment and recognition processes and program outcomes.

This symposium will provide a forum for discussion amongst policy-makers, employers, unions, academics, immigrant-serving agencies and others about the complex issues arising from the TFW program.

Registration fees (Lunch and service fees included)
– In person participation – $60.00
– Online participation – $40.00
– Low wage fee – $20.00

To register:
Symposium website:




by Andrew Jackson, Bullet No. 418, October 8 2010

I was disturbed to read this comment on the current state of the U.S. economy in Governor of the Bank of Canada, Mark Carney’s speech last week.

“The natural rate of (U.S.) unemployment may be increasing sharply. The scale of industry restructuring means that some unemployed workers do not have the skills suitable for the expanding sectors. Other job seekers are tied to their local area, due to an inability to sell their homes in distressed markets, hampering the mobility that has been a hallmark of the American labour market. The current cycle is also self-reinforcing. As long-term unemployment becomes more entrenched, workers’ skills deteriorate and their reintegration into the labour force becomes more difficult.”

Why is this disturbing?

Continue reading:



by Gary Shaul,

On Thursday night I attended the monthly meeting of the Toronto & York Region Labour Council to hear Joe Pantalone speak. It was a very exciting part of the agenda. This report doesn’t do justice to the electrifying atmosphere in the room but I’ll do my best (I didn’t take notes). If anyone reading this was there, please feel free to chime in.

Read more:



by Al Engler,

Book review of The Socialist Alternative: Real Human Development
by Michael Lebowitz
Monthly Review Press, 2010; $16.41)

Michael Lebowitz is a professor emeritus of economics at Simon Fraser University now living in Venezuela working with Centro International Miranda, a government-supported think tank. In The Socialist Alternative: Real Human Development, he contrasts Venezuelan policies with the top-down socialism of the 20th century. The latter had focused on rapid industrial development through state ownership and top-down command. In Venezuela the government of Hugo Chavez focuses on human development, on the cooperative meeting of human needs, on social ownership and on participation in community and workplace decisions.

Read more:




Public Outreach
Toronto, Ontario

We are seeking spirited, dynamic individuals who are looking to do either seasonal or full-time fundraising on a non-commission basis (meaning you are guaranteed a wage + bonuses) as part of our new and expanding Indoor Locations Program.

Public Outreach is Canada’s leader in face-to-face fundraising, and we take great pride in representing our charities using honest, respectful, and ethical practices.

The Indoor Locations Program is a business-casual, professional style of interactive fundraising, where we do not ask you to use pressure, but assurance, where you are the catalyst or the spark in bridging the gap
between monthly donor, and charity.

For more information and to apply, visit:



Fetch stories, not coffee as a rabble editorial intern. Immerse yourself in the world of activism, news writing, blogging and audio producing! offers a wonderful work environment and a chance to hone your media-making skills.

We’re currently seeking volunteer editorial interns — please see snap shot descriptions of each at the website below and download the full application package. This year we are offering an honorarium for those who successfully complete the internships.

Read more:



CATIE (The Canadian AIDS Treatment Information Exchange) is currently looking to immediately fill this position (full time with finite term of 3 years).

Primary Role: The Coordinator, Hepatitis C Communications & Social Marketing is responsible for the overall coordination of the development and execution of communications and social marketing campaigns in support of CATIE’s Hepatitis C Program.

Click to be taken to CATIE’s website for position details and application directions:

We invite you to pass this e-mail on to anyone that you feel might be interested.

CATIE is an equal opportunity employer. Persons living with HIV/AIDS and/or hepatitis C are encouraged to apply.

CATIE is a national, not-for-profit charity committed to improving the health and quality of life of all people living with HIV and/or hepatitis C in Canada. We serve people living with HIV and/or hepatitis C and the people and organizations that support them by providing accessible, accurate, unbiased and timely information. We work in partnership with a network of other information providers to ensure that people have access to the information they need, in the form they desire, to make informed health care choices.


For more information about CSEW, visit:


‘I believe in the afterlife.

It starts tomorrow,

When I go to work’

Cold Hands & Quarter Moon, ‘Human Herbs’ at: (recording) and (live)

Posted here by Glenn Rikowski

The Flow of Ideas:

MySpace Profile:

The Ockress:

Rikowski Point: