{"title":"Investing in radical change: the future of Canadian public banks","authors":"Joy Schnittker","doi":"10.1080/07078552.2023.2186012","DOIUrl":null,"url":null,"abstract":"Abstract Multiple overlapping crises, such as the Global Financial Crisis, the COVID-19 pandemic, and climate change, have exposed the deficiencies of a market-led political economy. Financialization and the dominance of a private financial system are deeply implicated as causes and therefore cannot realistically be part of the solution. A rejuvenated public sector is needed to institute massive and targetted funding, and the role of public banks should be a central component as alternatives to neoliberal financial capitalism are devised.","PeriodicalId":39831,"journal":{"name":"Studies in Political Economy","volume":"104 1","pages":"22 - 43"},"PeriodicalIF":0.0000,"publicationDate":"2023-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Studies in Political Economy","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/07078552.2023.2186012","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Social Sciences","Score":null,"Total":0}
引用次数: 0
Abstract
Abstract Multiple overlapping crises, such as the Global Financial Crisis, the COVID-19 pandemic, and climate change, have exposed the deficiencies of a market-led political economy. Financialization and the dominance of a private financial system are deeply implicated as causes and therefore cannot realistically be part of the solution. A rejuvenated public sector is needed to institute massive and targetted funding, and the role of public banks should be a central component as alternatives to neoliberal financial capitalism are devised.
期刊介绍：
Studies in Political Economy is an interdisciplinary journal committed to the publication of original work in the various traditions of socialist political economy. Researchers and analysts within these traditions seek to understand how political, economic and cultural processes and struggles interact to shape and reshape the conditions of people"s lives.
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