Inequality in Financial Capitalism
New Books in Critical TheoryNew Books in EconomicsNew Books in Peoples & PlacesNew Books in Politics & SocietyNew Books in SociologyNew Books in World AffairsNew Books Network November 29, 2017 Andrea Bernardi
I was joined by Pasquale Tridico, Professor of Political Economy at Roma Tre University in Italy. His latest book, Inequality in Financial Capitalism, was published by Routledge in 2017. The issue of inequality has regained attention in the economic and political debate. This is due to both an increase in income inequality, in particular among rich countries but not only, and an increasing interest in this topic by researchers, policy makers and political movements. In this book, the author presents figures and insights on several possible causes of inequality but focuses on the role of financial capitalism, characterised by the strong dependency of economies on the financial sector, by the intensification of international trade and capital mobility, and by the flexibilisation of labour markets, the reduction of wage shares and a declining welfare redistribution. A conversation on such a complex topic was also the opportunity to briefly mention collateral issues such as the financial crisis, the failure of the Occupy Wall Street protests, and Brexit.
Andrea Bernardi is Senior Lecturer in Employment and Organization Studies at Oxford Brookes University in the UK. He holds a doctorate in Organization Theory from the University of Milan, Bicocca. He has held teaching and research positions in Italy, China and the UK. Among his research interests are the use of history in management studies, the co-operative sector, and Chinese co-operatives. His latest project is looking at health care in rural China. He is the co-convener of the EAEPE’s permanent track on Critical Management Studies.