Powerful financial forces have supported the neoliberal project since
the 1980s to advance their interests; but there are now signs that these
forces have a new face and a new strategy. The majority of the British
finance sector threw its support behind Britain leaving the European
Union, a flagship institution of neoliberalism. Beyond this
counterintuitive move, what was really happening and why? Alt-Finance
examines a new authoritarian turn in financialised democracies, focusing
on the City of London, revealing a dangerous alternative political
project in the making.
In a clash with traditional finance,
the new behemoths of financial capital - hedge funds, private equity
firms and real estate funds - have started to cohere around a set of
political beliefs, promoting libertarian, authoritarian, climate-denying
and Eurosceptic views. Protecting investments, supressing social
dissent and reducing state interference are at the core of their mission
for a new world order. By following the money, the authors provide
indisputable evidence of these worrying developments.
Through a
clear analysis of the international dealings of this new
authoritarian-libertarian regime, not just in Britain but in the US and
Brazil, we can understand how our world is being shaped against our will
by struggles between dominant groups.
Alt-Finance : How the City of London Bought Democracy - Marlene Benquet & Theo Bourgeron
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£13.99