School of Global Studies

Finance and the Future of Capitalism (906M7)

Finance and the Future of Capitalism

Module 906M7

Module details for 2025/26.

30 credits

FHEQ Level 7 (Masters)

Module Outline

The main aim of this course is to help students build a systematic understanding of the political and social foundations of global financial markets, their operations and impacts on the world economy. We examine what is different about finance since the 1980s and how new financial practices profoundly reshaped various aspects of capitalism that we do not necessarily associate with finance: governance, production, development, welfare, consumption and social reproduction. In the process, the course will help students familiarise themselves with the concrete workings of global banking and various financial markets, such as stock markets, derivative markets, housing markets, and consumer credit and to grasp the profound ways in which they shape, and are shaped, by global politics. We conclude the course by examining more generally the trajectory of finance and what social opportunities and challenges it poses for the future of capitalism.

Module learning outcomes

Understand the role of financial markets in today's political economy

Familiarise students with key perspectives on financial liberalisation

Develop the ability to discuss key causes and repercussions of recent financial crises both in the advanced capitalism and emerging markets

TypeTimingWeighting
Essay (5000 words)Semester 2 Assessment Week 2 Thu 16:00100.00%
Timing

Submission deadlines may vary for different types of assignment/groups of students.

Weighting

Coursework components (if listed) total 100% of the overall coursework weighting value.

TermMethodDurationWeek pattern
Spring SemesterWorkshop3 hours11111111111

How to read the week pattern

The numbers indicate the weeks of the term and how many events take place each week.

Dr Anne Roemer-Mahler

Assess convenor
/profiles/285395

Dr Samuel Knafo

Assess convenor, Convenor
/profiles/165982

Mx Emilia Moscardini-Powers

Assess convenor
/profiles/214700

Dr Synne Dyvik

Assess convenor
/profiles/226447

Dr Melanie Richter-Montpetit

Assess convenor
/profiles/349663

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