Financial Markets: Masters or Servants?

Politics and Society 39 (3):331-346 (2011)
  Copy   BIBTEX

Abstract

Throughout the history of capitalism, there have been tensions between financial institutions and the state, and between financial capital and the firms and households engaged in the production and consumption of physical goods and services. Periods of financial sector dominance have regularly ended in spectacular panics and crashes, often resulting in the liquidation of large numbers of financial institutions and the reimposition of regulatory controls previously dismissed as outmoded and unnecessary. The aim of this article is to consider measures to restore financial markets to their proper role, as servants rather than masters of the market economy and the society within which it is embedded.

Other Versions

No versions found

Links

PhilArchive



    Upload a copy of this work     Papers currently archived: 103,449

External links

Setup an account with your affiliations in order to access resources via your University's proxy server

Through your library

Similar books and articles

Analytics

Added to PP
2020-11-26

Downloads
16 (#1,236,832)

6 months
7 (#469,699)

Historical graph of downloads
How can I increase my downloads?

Author's Profile

John Quiggin
University of Queensland

Citations of this work

No citations found.

Add more citations

References found in this work

No references found.

Add more references