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Seminar: The US financial crisis, 3 October |
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Seminar: The US financial meltdown, Part 1: What really happened
Speaker: Patrick Bond
Date: 3 October, 2008
Time: 12:30-2pm
Venue: CCS/SDS Boardroom, Memorial Tower Building Room F208, University of KwaZulu-Natal Howard College Campus
SEMINAR PAPER
SLIDESHOW FROM SEMINAR
In the first of three seminars in coming weeks, Patrick Bond explores
the deep roots of the current financial meltdown. Progressive critics of
the global economy have generated explored several explanations for the
current volatility. This seminar covers empirical evidence of the
building crisis, debates especially within the tradition of Marxist
crisis theory, and elite techniques of crisis management since the
1970s. The seminar concludes by considering the exhaustion of crisis
displacement, as witnessed in the collapse of major components of US
finance. (The next two seminars will be on 24 and 31 October: on civil
society resistance, and on implications for South Africa, respectively.
He will be doing similar presentations in San Francisco and Caracas,
inbetween.)
Bond is professor of development studies and director of CCS, and during
the 1980s was educated in the political economy of finance at the
Wharton School and Johns Hopkins, and also worked in the US Federal
Reserve on subprime lending in urban ghettoes and in the US House
Banking Committee on third world debt. In the anti-apartheid solidarity
movement he was active in financial sanctions campaigning. He has
recently authored several papers and chapters about global economic
turmoil and inequality (http://www.ukzn.ac.za/ccs/default.asp?5,75), and amongst his books is Against Global Apartheid: South Africa meets the
World Bank, IMF and International Finance (Zed and UCT Press, 2003).
[This seminar will be skypecast; contact pbond@mail.ngo.za to rsvp a
space, and send a skype message to patricksouthafrica]
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