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Finance Capital and Occupy: Marxist Perspectives

OWS has put the focus on finance capital as a driver of inequality, and on the need for political action to address it. But what is the function of finance capital in the modern world, and how should our politics address it? This panel will bring together various Marxist and anarchist perspectives on finance capital.

Radhika Desai is Professor at the Department of Political Studies, University of Manitoba, Winnipeg, Canada. She is the author of Slouching Towards Ayodhya: From Congress to Hindutva in Indian Politics (2nd rev ed, 2004) and Intellectuals and Socialism: 'Social Democrats' and the Labour Party (1994), She edited Developmental and Cultural Nationalisms in 2009. She is co-editing Volume 27 of Research in Political Economy with Paul Zarembka.

Alan Freeman is co-editor of the ‘Future of World Capitalism’ book series and is a former economist at the Greater London Authority. He wrote ‘The Benn Heresy’ and co-edited two books on value theory and, with Boris Kagarlitsky, ‘The Political Economy of Empire and the Crisis of Globalisation.’ With Andrew Kliman he co-edits the new critical pluralist journal Critique of Political Economy.’

Andrew Kliman, a professor of economics at Pace University, is the author of The Failure of Capitalist Production: Underlying Causes of the Great Recession and Reclaiming Marx’s “Capital”: A Refutation of the Myth of Inconsistency. He and Alan Freeman edit Critique of Political Economy, a new scholarly online journal. Many of his writings are available at akliman.squarespace.com and With Sober Senses, marxist-humanist-initiative.org/our-publication, Marxist-Humanist Initiative’s publication.

Costas Panayotakis is Associate Professor of Sociology at CUNY's New York City College of Technology and author of Remaking scarcity: from capitalist inefficiency to economic democracy.