finance

Spanish banks occupied

Hundreds of activists from the Platform for Mortgage Victims (PAH) have occupied a branch of the Banco Popular Bank, and the BBVA bank, both in Barcelona.

Autonomisation, financialisation, neoliberalism

An overview of the way in which with increasing autonomisation of finance capital, models come to shape the real economy and influence its restructuring.

Debt: the first 5000 years - David Graeber

Cover image of Debt

David Graeber maps out the history of debt from ancient civilisations to current times, suggesting it has been one of the great catalysts for social and political strife throughout.

Credit crunched – working in financial services during the 2008-2009 crash

This article comes from a comrade who is a member of the Solidarity Federation in the UK. He describes the article as “An account of working for a credit company during the financial crisis, as well as workers’ attempts to resist speed-ups and workload increases.”

The Corporation (Documentary)

The Corporation is a 2003 Canadian documentary film written by Joel Bakan, and directed by Mark Achbar and Jennifer Abbott. The documentary is critical of the modern-day corporation, considering its legal status as a class of person and evaluating its behaviour towards society and the world at large as a psychiatrist might evaluate an ordinary person. This is explored through specific examples. Bakan wrote the book, The Corporation: The Pathological Pursuit of Profit and Power, during the filming of the documentary.

Enron: The smartest guys in the room (documentary)

A remarkable documentary which packages the events of the scandal into a cohesive story.
Unbelievable footage of employees reveals unbridled greed, lust for risk-taking, and guiltless cheating, all while thinking they could never be caught.

Stupid regulators and greedy financiers or business as usual? - Chris Wright

Occupation of Zuccotti Park - New York, 2011

As the occupy movement in the US this week shifts its attention from the shiny crystallisations of high finance to the hubs of material circulation, Chris Wright reviews Paul Mattick Jr.'s book, Business as Usual, and asks: what is missed by shouting down only one aspect of capitalism?

‘Red’ Ed is a clueless fantasist

Ed Miliband has called for a 'new capitalism'. It is of course bollocks

Stay off the crack Gideon

Gideon Osborne appears to have been on the crack again. He has sold off Northern Rock for half of its value to a gangster.

99 Problems...

BABY

A short breakdown of the "99% v. 1%" anaylsis, initially written for internal distribution at Occupy Bloomington (IN, US) in response to a larger conversation.