"Financialization" of capitalism and its sociological implications

• Grant number: 09/02616-3
• Support Opportunities: Scholarships in Brazil - Master
• Start date: August 01, 2009
• End date: February 28, 2011
• Field of knowledge: Humanities - Sociology - Other specific Sociologies
• Principal Investigator: Ricardo Musse
• Grantee: Ilan Lapyda
• Host Institution: Faculdade de Filosofia, Letras e Ciências Humanas (FFLCH). Universidade de São Paulo (USP). São Paulo , SP, Brazil

Abstract

The research to be developed seeks to review, confronting the positions of three major theorists, a number of changes experienced by capitalist societies from the 1970s revealed by many thinkers and called by many of them "financialization" of capitalism. The analysis proposed here follows two main axes. The first one is to focus primarily on the work of David Harvey, Giovanni Arrighi and François Chesnais in order to deeply understand the changes in the "macro" economic structure of capitalism they point out. Moreover, comparing them to each other, the intent is to make clear the differences of approach between the authors. The second one is to make explicit the sociological implications of the three author's theories relating them to more "micro" and socio-political changes that the sociology has been pointing out in many important fields of society, such as work relations, politics, etc. The more general aim of the research, therefore, is to find/reveal the mediations between, on one hand the broader economic transformations by which capitalism is passing since the 1970s and, on the other hand the changes that occurred in the social and political levels during the same period.

Academic Publications

(References retrieved automatically from State of São Paulo Research Institutions)

LAPYDA, Ilan. The \financialization\ of contemporay capitalism: a discussion of the theories of François Chesnais and David Harvey. 2011. Master's Dissertation - Universidade de São Paulo (USP). Faculdade de Filosofia, Letras e Ciências Humanas (FFLCH/SBD) São Paulo.