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SUMMARY:The Colonisation of the Future: An Alternative View of Financialis
 ation and its Portents - Photis Lysandrou\, City University
DTSTART:20150429T170000Z
DTEND:20150429T183000Z
UID:TALK58458@talks.cam.ac.uk
CONTACT:Philippa Millerchip
DESCRIPTION:*Speaker:*\nPhotis Lysandrou is Research Fellow\, Political Ec
 onomy Research Centre\, City University (CITYPERC) and Associate Professor
  of Economics\, School of Oriental and African Studies. His current resear
 ch interests are in the areas of global finance\, globalisation and corpor
 ate governance.\n\n*Talk Overview:*\nPhotis Lysandrou will contest the gen
 eral heterodox view of financialisation as a dysfunctional and historicall
 y transient outgrowth of contemporary capitalism: dysfunctional because it
  is seen to be driven by attempts to escape production and profit realisat
 ion constraints in the real economy\, transient because these attempts are
  seen to be ultimately futile. He will put the contrary argument that fina
 ncialisation is a functionally necessary and thus permanent condition of c
 apitalism that is entirely in keeping with the latter’s continuing devel
 opment as a commodity system. To be specific\, Photis Lysandrou will argue
  that just as globalisation represents the extension of the commodity prin
 ciple along the axis of geographical space financialisation represents the
  extension of this same principle along the axis of time: the future is be
 ing colonised so as to make it take the overspill of the pressures on orga
 nisations operating in the present.\n\nAll welcome to attend.
LOCATION:The Ramsden Room\, St Catharine's College
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