TY - JOUR
T1 - Challenging Reflections on ‘Productive’ Banking and Financial Imperialism
T2 - Book review of: Christophers B. 2013. Banking across Boundaries: Placing Finance in Capitalism. Malden, Wiley-Blackwell.
AU - Dörry, Sabine
PY - 2015/1/27
Y1 - 2015/1/27
N2 - Doctrines have their particular importance relative to the time in which they circulate. In contemporary political economy the majority of economists has turned to small, single problems, thus, seeking solutions increasingly by over-relying on abstract economic models instead of formulating big theoretical syntheses for a better understanding of the workings of the global economy. Brett Christopher’s new book counters this development with a political economy of global banking. Although he does not explicitly engage with the recent financial meltdown, he offers a novel historical perspective to understand how economic ideas about the ‘productiveness of banking’ transformed the perception of the banking industry itself and, concomitantly, informed political actions towards an economic imperialism by the Western (banking) world. The latest financial crisis has illustrated that political economy must lend a voice to historical and inter-disciplinary experiences; Banking across Boundaries: Placing Finance in Capitalism is a respective acknowledgement. (...)
AB - Doctrines have their particular importance relative to the time in which they circulate. In contemporary political economy the majority of economists has turned to small, single problems, thus, seeking solutions increasingly by over-relying on abstract economic models instead of formulating big theoretical syntheses for a better understanding of the workings of the global economy. Brett Christopher’s new book counters this development with a political economy of global banking. Although he does not explicitly engage with the recent financial meltdown, he offers a novel historical perspective to understand how economic ideas about the ‘productiveness of banking’ transformed the perception of the banking industry itself and, concomitantly, informed political actions towards an economic imperialism by the Western (banking) world. The latest financial crisis has illustrated that political economy must lend a voice to historical and inter-disciplinary experiences; Banking across Boundaries: Placing Finance in Capitalism is a respective acknowledgement. (...)
M3 - Book/Film/Article review
SN - 1661-4941
VL - 2015
JO - Articulo - Journal of Urban Research
JF - Articulo - Journal of Urban Research
ER -