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Alternative Visions – The New Phase of Global Capitalism Post-2008 – 07.07.17

Dr. Rasmus explains how the global capitalist economy entered a new phase of evolution with the 2008-09 global financial crash and recession, and how central banks have become the primary economic policy institution for the advanced economies. ┬áCentral banks have been transformed since 2008 from institutions designed to bail out the private banks in periods of crises, into institutions that …