The Rise and IMPACT of Financial Capitalism: A Sociology Analysis of New Forms of Capitalism
December 28, 2020 14:56 Source: Social Sciences in China Press Author: yang Dian A and Ouyang xuanyu B

yang dian a and uuyang xuanyu b

A Institute of Sociology, Chinese Academy of Social Sciences

B UNIVERSITY of Chinese Academy of Social Sciences

  bet365 Play online games Compared with Karl Polanyi ’s first guat transformation, The Emergeence of the Even More Influential Financial Capitalism Can be Called the Second Great Transformation.the Global Expansion of Financial Capital SM Has Extended its Power Beyond the Remit of National-States as Governater, firms, Families and Individuals Are Increasingly Guided and Reshaped by FINANCIAL Markets, Production a Trend Toward the Financialization of Social Life.an Important Social Consequency is the event seleration of Financial Markets FROM So CIETY, A section that has gradually EROD the POWER of the state, Trade Unions and Civil Society and Aggravated the Employment Crises, The Polarization of Rich and Poor and the Structural Inequality of Developed Capitalist Countries. IAL CAPITAL, The West Has Taken Measuses of Social Self-Protection, But the Have Far Had Little Effect. To Establish A New Financial and Market Governance Structure At the Global Level that Will Effectively with the negative impact of finish capitalism is a long and arduus task.

  Keywords:Financial Capitalism, Maximizing Shareholder Value, The Great Transformation,Social Self-PRotection Movement

Editor in charge: Cui Cen
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