Global finance capitalism: Rebirth or denouement?

The rise of neoliberalism is coincident with the dominance of financial capitalism in its global form. Moreover, there are those who would argue that neoliberalism is synonymous with global financial capitalism. There is no doubt that what we have witnessed during the ascendance of neoliberalism is the dominance of global finance capital over industrial capital. Yet, while the obituary of capitalism in this form has been penned multiple times, it remains very much alive, proliferating even on a global scale creating ever sharper cleavages between the (mega) rich and the growing masses of the poor. In this paper we examine neoliberalism as a policy regime and its role in the proliferation of global capitalism. The analysis takes the form of a consideration of key texts that examine the macro, meso, and micro incarnations of global finance capitalism. The architecture of global finance capital is examined through a consideration of asset managers who exert growing influence on contemporary development. The micro aspects of the system through which extraction of capital is facilitated are examined culminating in a consideration of the future of the system.

Authors

Institutions

Publication Details

Journal
Human Geography
Published
2025-02-03
DOI
https://doi.org/10.1177/19427786251316862
Citations
1
Primary Topic
State Capitalism and Financial Governance
Type
article
Field-Weighted Citation Impact
2.23
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Global finance capitalism: Rebirth or denouement?

Sagie Narsiah
1 citations
Human Geography
State Capitalism and Financial Governance
2.23
article

Global finance capitalism: Rebirth or denouement?

Sagie Narsiah
article en
1 citations

Abstract

The rise of neoliberalism is coincident with the dominance of financial capitalism in its global form. Moreover, there are those who would argue that neoliberalism is synonymous with global financial capitalism. There is no doubt that what we have witnessed during the ascendance of neoliberalism is the dominance of global finance capital over industrial capital. Yet, while the obituary of capitalism in this form has been penned multiple times, it remains very much alive, proliferating even on a global scale creating ever sharper cleavages between the (mega) rich and the growing masses of the poor. In this paper we examine neoliberalism as a policy regime and its role in the proliferation of global capitalism. The analysis takes the form of a consideration of key texts that examine the macro, meso, and micro incarnations of global finance capitalism. The architecture of global finance capital is examined through a consideration of asset managers who exert growing influence on contemporary development. The micro aspects of the system through which extraction of capital is facilitated are examined culminating in a consideration of the future of the system.

Human GeographyVol. 18(3)
University of KwaZulu-Natal (ZA)
Openalex Percentile: Top 14%
State Capitalism and Financial Governance
2.23
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.