Tag: Global Financial Crisis
The increasingly globalised, transnational character of contemporary capitalism, with its attendant instability and crises, has led to the development of globally oriented social movements. These movements are an answer to the injustices and failures found in international capitalism, and aim to combat it through an equally internationalist outlook with heterogeneous characteristics and multiple sites of…
Transfer of Power Arguably the most powerful person in the United States (even rivaling the POTUS), Ben S. Bernanke, has left the Federal Reserve. Since 2006 he has sought to make the economy his marionette. Fed policies, under his direction, worked to manage a collapsed housing market, busted mortgage industry and the 2008 global financial crisis –…