Join us for a lecture by Costas Lapavitsas, professor of economics at the School of Oriental and African Studies, University of London. This event celebrates the release by Verso Press of Profiting Without Producing: How Finance Exploits Us All.

In Profiting Without Producing, Lapavitsas explores the roots of the recent economic crisis in terms of “financialization,” the most salient feature of which is the rise of financial profit, in part extracted directly from households through financial expropriation, and discusses the options available for controlling finance and resolutions to the current crisis, in particular, in the Eurozone. Moderated by Cornel Ban, assistant professor of international relations at Boston University and a specialist in the political economy of crises and transitions.

Tuesday, February 25, 2014
6–7:30 PM
Boston University Photonics Center, 8 St. Mary’s Street, 9th Floor
Reception and book-signing to follow

Costas Lapavitsas’s research interests include the relationship of finance and development, the structure of financial systems, and the evolution and functioning of the Japanese financial system. He is member of the Research on Money and Finance (RMF) network at SOAS, the aim of which has been to produce synthetic work on the transformation of the capitalist economy, the rise of financialization, and the resulting intensification of crises, and the lead author of the new RMF report “Breaking Up? A Route Out of the Eurozone Crisis.” His previous publications include Social Foundations of Markets, Money, and Credit and Political Economy of Money and Finance.

The event is jointly sponsored by the Center for the Study of Europe, the Center for the Study of Asia, the Program in East Asian Studies, and the Undergraduate Economics Association at Boston University and is funded in part by the European Commission Delegation in Washington, DC.