the ‘increasing role of financial motives, financial markets, financial actors and financial institutions in the operation of the domestic and international economies’

http://www.ippr.org/publications/definancialisation-a-democratic-reformation-of-finance

“One of the most worrying long-term consequences of financialisation is the reduction in the capacity of democratic states to meet the demands of their citizens over the demands imposed on them by financial and corporate institutions, institutions which are increasingly free from the responsibilities that were imposed upon them by confident social democracies in the middle of the last century.”

http://www.ippr.org/publications/definancialisation-a-democratic-reformation-of-finance

 

 

Bookmarked 'Progressive Alliance' is now the only alternative to the Tories (theecologist.org)

Thanks to the UK's crazy 'first past the post' electoral system, there's only way the UK can end austerity and neoliberal government in the next general election, writes Rupert Read: if centre and left parties join in a Progressive Alliance that represents the majority of voters.

Progressive alliance seems like the best hope of averting another 5 years of the Conservatives on June 8th.  Is it feasible?