7 years ago this September. A crisis that began in wall street which morphed into a global financial crisis. Exposing, the limits to finance dominated capital. Yet the result of the crisis was only the preservation of finance dominated capitalism. 7 years later, the periphery of the Eurozone remains in crisis. The inflated Chinese economy, the overvalued stock market and its rapid decline only exposing how little has changed since 2007, in the architecture of the global economy.
This is an interview with Trevor Evans, on the limits of finance dominated capitalism, the crisis in the eurozone, and the new austerity measures imposed on Greece. Trevor also discusses the current situation in China, and its rapid downturn in its financial markets.
Trevor Evans is a professor in International Political Economy in Berlin, focusing on finance capital.
This interview was produced for CKUT.903FM in Montreal. www.ckut.ca