Creating institutional power in financialised economies: The firm-profession nexus of advanced business services

Research output: Working paper

Abstract

Despite major crises, financial capitalism is enjoying a period of relative stability. Financial powers-underpinned by the financialisation imperative of the 21st-century capitalist order-are robust and dynamically reinforce the global system's principal traits and values. The advanced business services (ABS) sector ties in closely with these dynamics and shapes financial capitalism while benefiting disproportionately from it. Yet, ABS' ability to form and ultimately dominate is little understood. I develop an innovative firm-cum-profession framework to comprehend how dynamics along this nexus are systemically entrenched to constitute and invigorate the hegemonic institutional power of contemporary financialisation.
Original languageEnglish
PublisherThe Global Network on Financial Geography (FinGeo)
Number of pages21
DOIs
Publication statusPublished - 10 Mar 2018

Publication series

NameFinancial Geography Working Paper
PublisherThe Global Network on Financial Geography (FinGeo)
No.12

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