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Households and corporate net lending in the United States from 1980 to 2006 (in billions of USD). Source: Baragar and Chernomas, "Profits from Production and Profits from Exchange," 328.
Source publication
This paper examines the increase in student bank indebtedness in Quebec over the last three decades. The increase in this form of indebtedness is compared with the more general rise of household and consumer indebtedness under financialized capitalism. The banks' origin of student debt through Quebec's state-subsidized loans programs, L'Aide financ...
Context in source publication
Context 1
... growing indebtedness of households happened at the same time that large firms consolidated their financial independence from banks. This symmetry is a characteristic feature of financialization ( Figure 2). From 1996 to 2001, indebtedness of Canadian households has risen 56 percent, from CAD 130 billion to CAD 203 billion, reaching CAD 377 billion in 2008. ...
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This research tried to investigate consumer expectations and perceptions about elements of service quality of most used public, private and foreign banks in Indian context and actual services received by the cus- tomers. Apart from service quality this research tried to analyze the best bank in terms of benchmarking, which they follow because every...
Citations
... Seu trabalho influenciou diversos outros que utilizam seu aporte conceitual para estudar o que vem ocorrendo no Brasil (AMARAL, 2017;ASSIS, 2017;ATTÍLIO, 2018;BRETTAS, 2017) e mundo afora (GUAY-BOUTET, 2018;MACHEDA, 2012;MIKUŠ, 2019;ROSE-MAN, 2013;VIDAL, 2018). Entretanto, como colocamos na seção anterior, consideramos que há questões a serem debatidas e desenvolvidas. ...
O crescente relacionamento entre o sistema financeiro e indivíduos e famílias, fenômeno que ficou particularmente exposto após a Crise de 2007, motivou diversos debates sobre a financeirização do capitalismo. Dentro do campo marxista, Costas Lapavitsas propôs o conceito de expropriação financeira para explicar a apropriação sistemática de lucros a partir dos rendimentos da classe trabalhadora. Este artigo tem como objetivo sintetizar e desenvolver as principais críticas realizadas à tese de Lapavitsas, a partir de autores marxistas e do próprio referencial teórico marxiano, visando avançar no debate sobre o movimento de reprodução do capital na economia contemporânea.
Financialization has substantially transformed accumulation dynamics in advanced capitalist economies and societies. The paper proposes a sociological model of financial circulation that maps the basic institutional structures of financial accumulation in advanced capitalism. This begins by a distinction between industrial and financial circulation. The former brings together wage earners, capitalist corporations and banks around relations of investment, production and consumption. The latter emerges through the interactions between a different set of capitalists: funds, financial exchanges and investment banks. It then examines financialization as a process of mediation of industrial circulation by financial circulation through specific flows of financial capital. The article concludes by assessing the contradictions that arise from financialized accumulation dynamics in growth dependent capitalist societies.
