Joseph Vogl: Which Way Forward? 4/6

The video discusses the evolution of the financial crisis from 2007-2008, highlighting its impact on governance and the capitalist system. It explores informal political decision-making, the interplay between state and market dynamics, and the role of central banks in financialization. The speaker concludes with considerations for future policy, emphasizing the need for democratic intervention in economic imperatives and the protection of public goods.

What role do central banks play in the dynamics of finance capitalist modernizations?

What implications does the financialization of political structures have for governance?

How does the text describe the relationship between liquidity and political action?

What are the two questions future policy must address according to the text?