Financing the Apocalypse Drivers for Economic and Political Instabil
As we tour the 400 year history of capitalism through its various phases of development, financial system instability is always there lurking in the shadows. The historical record attests that the processes of aggregating capital for real investment are i
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Financing the Apocalypse Drivers for Economic and Political Instability
Joel Magnuson
Palgrave Insights into Apocalypse Economics
Series Editor Richard Westra Graduate School of Law Nagoya University Nagoya-shi, Aichi, Japan
This series is set to become the lodestone for critical Marxist and related Left scholarship on the raft of apocalyptic tendencies enveloping the global economy and society. Its working premise is that neoliberal policies from the 1980s not only failed to rejuvenate capitalist prosperity lost with the demise of the post-Second World War ‘golden age’ economy but in fact have generated a widening spectrum of pathologies that threaten humanity itself. At the most fundamental level the series cultivates state of the art critical political economic analysis of the crises, recessionary, deflationary and austerity conditions that have beset the world economy since the global meltdown of 2008–2009. However, though centered on work that critically explores global propensities for devastating financial convulsions, ever-widening inequalities and economic marginalisation due to information technologies, robotised production and low wage outsourcing, it seeks to draw on exacerbating factors such as climate change and global environmental despoliation, corrupted food systems and land-grabbing, rampant militarism, cyber crime and terrorism, all together which defy mainstream economics and conventional political policy solutions. For critical Marxist and related Left scholars the series offers a non-sectarian outlet for academic work that is hard-hitting, inter/transdisciplinary and multiperspectival. Its readership draws in academics, researchers, students, progressive governmental and non-governmental actors and the academically-informed public. More information about this series at http://www.palgrave.com/gp/series/15867
Joel Magnuson
Financing the Apocalypse Drivers for Economic and Political Instability
Joel Magnuson Independent Researcher Tualatin, OR, USA
ISSN 2523-8108 ISSN 2523-8116 (electronic) Palgrave Insights into Apocalypse Economics ISBN 978-3-030-04719-1 ISBN 978-3-030-04720-7 (eBook) https://doi.org/10.1007/978-3-030-04720-7 Library of Congress Control Number: 2018962763 © The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG, part of Springer Nature 2018 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt fr
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