Article,

TTIP and the crisis of financialized capitalism; or, cornucopia for some instead of prosperity for all

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(2015)

Abstract

"This is what is at the core of the underconsumption/overaccumulation crisis that has again been laid bare by the Great Financial Crisis. At root it is a crisis of asymmetrical bargaining power, whose resolution either requires shoring up the power resources of organized labour or diminishing the exit options of capital through capital controls or other instruments that limit the mobility of capital. TTIP is doing neither. In fact, by constructing an even larger common market, TTIP may be expected to do the reverse. That is why it should be opposed."

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