- Wednesday 6 November 2019
- Professor Gerry Hanlon; Professor of Organisational Sociology, Centre for Labour and Global Production; Queen Mary University of London
How does financialisation interact with the wider division of labour? One could be excused for thinking the connection was tangential as most papers connect it to shareholder value strategies, growth of finance, changing nature of states, and so on. In contrast, this paper centralises the relationship. It argues financialisation is not new and that it is a tendency within capitalism supported or hindered by social re-composition connected to the division of labour. The changing nature of this relationship facilitates regimes of accumulation that are more or indeed less financialised.