Jamal Awil

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Bello 2013). [fact]

Finance also permits capital an incredibly powerful lever of power over indebted states, which depend on the sale of government bonds for economic vitality and which, today, are at the mercy of transnational currency markets and stock indexes as never before (ironically, the same markets that states had to “bail out” after the 2008 crisis) (Albo, Ginden and Panitch 2010, 60–74; Bello 2013).

Max Haiven, Cultures of Financialization, loc. 495