Global finance capitalism: Rebirth or denouement?

The rise of neoliberalism is coincident with the dominance of financial capitalism in its global form. Moreover, there are those who would argue that neoliberalism is synonymous with global financial capitalism. There is no doubt that what we have witnessed during the ascendance of neoliberalism is the dominance of global finance capital over industrial capital. Yet, while the obituary of capitalism in this form has been penned multiple times, it remains very much alive, proliferating even on a global scale creating ever sharper cleavages between the (mega) rich and the growing masses of the poor. In this paper we examine neoliberalism as a policy regime and its role in the proliferation of global capitalism. The analysis takes the form of a consideration of key texts that examine the macro, meso, and micro incarnations of global finance capitalism. The architecture of global finance capital is examined through a consideration of asset managers who exert growing influence on contemporary development. The micro aspects of the system through which extraction of capital is facilitated are examined culminating in a consideration of the future of the system.