Behind the scenes of the ‘financial markets’
Recapitalise! Regulate! Monitor! Three years after the beginning of the economic and financial crisis, the statements made by the public authorities have, for the most part, remained dead letters. As for the speculators of yesterday, denounced just a short time ago for their avarice and their irresponsibility, they have already been appointed to the ‘committees of grey-suited advisors’ preaching better governance of finance. In his new book, La finance imaginaire - The Financial Imaginary (1), Geoffrey Geuens breaks with this image, one which is not rooted in reality, of the financial markets which is relayed day after day by the received popular orthodoxy, and whose objective is to leave unspecified and unidentified the real beneficiaries of the coming crisis measures and austerity policies.
(1) Geoffrey GEUENS, La finance imaginaire. Anatomie du capitalisme : des "marchés financiers" à l'oligarchie, Grande Bibliothèque d'Aden, Aden, 2011.