Maher, Stephen and Aquanno, Scott (2021) The new finance capital has blurred the line between industrial and financial corporations. LSE Business Review (30 Mar 2021). Blog Entry.
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Abstract
The difference between industrial and financial corporations is no longer clear. Both are now units of finance capital organised around managing portfolios of financial assets. Stephen Maher and Scott Aquanno write that the global restructuring that has accompanied these developments has certainly made working class life more precarious, but far from simply ‘hollowing out’ production, finance has in fact been integral to the capitalist globalisation of recent decades.
Item Type: | Online resource (Blog Entry) |
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Official URL: | https://blogs.lse.ac.uk/businessreview/ |
Additional Information: | © 2021 The Authors |
Divisions: | LSE |
Subjects: | H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management H Social Sciences > HG Finance |
Date Deposited: | 23 Apr 2021 11:09 |
Last Modified: | 11 Dec 2024 20:37 |
URI: | http://eprints.lse.ac.uk/id/eprint/109951 |
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