Discussionsradio

SABOTAGE: The Hidden Nature of Finance (on sale January 14, 2020) by professors Anastasia Nesvetailova and Ronen Palan, is a brilliant, intellectual detective story that traces the origins of financial sabotage, starting with the work of a prescient American economist who saw the capacity for banks and businesses to dissemble and profit as early as the 1920s. Yet, what was accomplished modestly in the first half of the 20th century became a booming global industry in the 1980s. Financialization took over everything, culminating in instruments so complex and confusing, their own creators were being destroyed by them in 2008. Anastasia Nesvetailova is Professor of International Political Economy at City, University of London, where she also directs City Political Economy Research Centre (CITYPERC). Her main research focuses on the structure of the global financial system and processes of financialization, financial crises and governance. Her publications include Financial Alchemy in Crisis: The Great Liquidity